Business Blog

(Corrects to add dropped word 'not' in paragraph 7) * Proposals have been submitted to the central bank -sources * Deal will involve share swap between CIMB and RHB -sources * Islamic banking arms of CIMB, RHB may merge with MBSB -source By...

Poland has lifted travel ban on its citizens to Egyptian tourist resorts in Hurghada, Sharm El Sheikh, El Gouna, Safaga, Marsa Alam.

Malaysia's CIMB Group Holdings and two smaller domestic lenders have agreed to create the country's biggest banking group, with deal terms set to be worked out over the next year, sources said.

All the buyers of the 40 hotel plots sold by Dubai Holding have been given the deadline to complete their project by 2017, a senior Dubai Properties Group (DPG) executive has revealed.

Dubai Parks & Resorts, a subsidiary of Meraas Holding, on Wednesday announced plans for Riverpark, an entrance plaza that will interconnect Motiongate Dubai, BollywoodPark Dubai and Legoland Dubai, the three theme parks in the first phase of the master development in Jebel Ali.

Dubai Police’s Smart Services will showcase more than 20 of their smart services at Gitex Technology Week between October 12-16, police officials announced at a press conference.