Bank of China gains foothold in Morocco
Bank of China has established a presence in Morocco that will further reinforce the Asian nation's far-reaching influence in resource-rich Africa, officials said.
The commercial...
Israel sees trade with UAE at $4 billion a year
JERUSALEM, Sept 7 (Reuters) - Annual trade between Israel and the United Arab Emirates is expected to reach $4 billion, an Israeli minister said...
World's largest indoor theme park to open in Dubai
The world's largest indoor theme park is set to open in Dubai this month to lure back some of the tourists and residents who...
Smartphones overtake desktops for Christmas shopping
If the beginning of the holiday season is any indication, it could be a merry mobile Christmas for shoppers.
For the first time, there's expected...
Saudi Arabia and Egypt agree to build bridge over Red Sea
Saudi King Salman announced Friday an agreement with Egypt to build a bridge over the Red Sea connecting the two countries, on the second...
Saudi to ban foreigners from selling mobile phones, create jobs for citizens
In an effort to provide more jobs to Saudi Arabian citizens, the kingdom will ban foreign workers from selling and maintaining mobile phones and...
Gulf banks eyeing prospects in Iran
Gulf banks including Dubai's largest lender Emirates NBD are already meeting prospective clients and taking legal advice about entering Iran's financial system now that...
World Bank: wars and cheap oil hurting Middle East growth
The World Bank said on Thursday that 2015 economic growth in the Middle East and North Africa likely came to just 2.6 percent, falling...
Bahrain MPs blast fuel price hike in heated session
A session of the Bahraini parliament broke up amid shouting and protests on Tuesday when several lawmakers, in a rare show of opposition to...
Saudi Arabia and UAE number of millionaires ‘to soar in 5 years’
Saudi Arabia and the United Arab Emirates are expected to see a significant growth in the number of millionaires in the next five years,...
