Business Blog

Saudi's NCB IPO 18% subscribed at end of 5th day

The initial public offering of the National Commercial Bank was 18% covered by the end of the fifth day, according to the financial advisers and lead managers GIB Capital and HSBC Saudi Arabia.

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ESMA launches Halal National Mark

Abu Dhabi, 25th October, 2014 (WAM) -- The Emirates Standardisation and Metrology Authority (ESMA) has launched the ''Halal National Mark'' as part of the U.A.E. Scheme for Halal Products to regulate and certify the Halal industry and its various...

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Kenya's growth spurt

What is powering the rise in East Africa and how does the country's economic revision affect ordinary Kenyans?

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Oil wars: Saudi vs the world?

As global oil prices tumble, we ask why the country that is OPEC's kingpin is doing nothing to stop it.

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Real estate sector in Qatar grows by 15.2% in nine months

Qatar's real estate boom is set to continue with figures showing a growth of 15.2% in the first nine months of the year.

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Stronger indoor coverage for 4G from January in UAE

elecom operators in the UAE to roll out 800MHz frequency for 4G LTE (long term evolution) in January next year, a top official told Gulf News.

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