Business Blog

Saudi govt cancels irregular land deal worth SR600m

A ministerial committee has canceled a land deal worth SR600 million because of alleged irregularities.

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Abu Dhabi premium properties draw off-plan buyers

With the market in full revival mode, off-plan launches in Abu Dhabi seem to be taking place only at the top-end of the pricing spectrum. The best part is that such a laser-sharp focus on the part of developers is pulling in buyer interest in sufficient numbers.

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Marine services firm, Saudi Hollandi in SR121.5m deal

Specialized Marine Services Company (SMS), a joint venture between Ports Development Company and National Port Services, signed a murabaha and ijara financial loan agreement totaling SR121.5 million with Saudi Hollandi Bank (SHB).

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When does an app need regulating?

Should you be worried about health apps?

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Doorway to another dimension?

It may like a gateway across time and space crafted with alien technology, but in reality it's a fruit and vegetable market.{MBD} {IMAGE}

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GLOBAL MARKETS-Wall St leads stocks selloff; dollar slides on Fed views

* Crude oil prices fall further, Brent at near 4-year low* Dollar retreats on global growth concern, Fed views* Wall Street stocks tumble for third straight session(Updates to U.S. market close)By Rodrigo CamposNEW YORK, Oct 13 (Reuters) - Stocks on Wall Street tumbled in late selling on Monday as the technical picture soured for the S&P 500, while the U.S. dollar posted its worst day in a year af
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