Business Blog

Saudi tourism and hospitality sector to draw huge investments

More than SAR 95 billion in investments are expected to pour into Saudi Arabia's tourism sector, hotels and apartments during the next 10 years.

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Dubai International eyes 20m passengers in last quarter

Twenty million passengers are expected to pass through Dubai International in the last three months of the year, according to Dnata, the ground services handling company at the airport.

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GLOBAL MARKETS-Strong US jobs lift European stocks, dollar rally pauses

* European stocks extend gains; weak euro helps* Weak German data fuels ECB QE expectations, lifts bonds* Dollar index near 4-year high on solid U.S. payroll gains* Brazil&aposs Rousseff faces run-off electionBy Emelia Sithole-MatariseLONDON, Oct 6 (Reuters) - European equities advanced while the dollar paused after a sharp rally last week as forecast-beating U.S. jobs data eased concerns about gl
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GLOBAL MARKETS-European stocks, dollar bounce after robust U.S. jobs data

* European stocks extend gains; weak euro helps* Weak German data fuels ECB QE expectations, lift bonds* Dollar index near 4-year high on solid U.S. payroll gains* Brazil&aposs Rousseff faces run-off electionBy Emelia Sithole-MatariseLONDON, Oct 6 (Reuters) - European equities advanced while the dollar held near four-year highs against a basket of currencies on Monday after stronger-than-expected
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Dubai Health Authority to launch 'Dubai Doctors' app at GITEX

Dubai Health Authority will showcase several smart healthcare services, including a 'Dubai Doctors' app, at GITEX.

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Development pact inked for USD2.5bn Omagine Project

Omagine, Inc, the US based public traded firm, has announced that its 60% owned subsidiary, Omagine LLC, has signed a Development Agreement (DA) with the Government of the Sultanate of Oman.

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