- Dubai, UAE -- Dubai recorded real estate transactions valued at AED 11.5 billion ($3.13 billion) during the week ending 2...
A total of 192 plots were sold for AED 2.61 billion, 2,699 apartments and villas were sold for AED 5.75 billion.
The sum of the amount of mortgaged properties for the week was 2.24 billion, with the highest being a land in Al Hebiah First, mortgaged for AED 458.77 million.
- Doha, Qatar -- Qatar coach Tintin Marquez said Friday they relish the "positive pressure" of trying to retain their Asian Cup...
The hosts and holders won all three of their games in the group phase without conceding a goal and then defeated Palestine 2-1 in the last 16.
Qatar face Uzbekistan on Saturday in front of what is expected to be a packed crowd at the 68,000-capacity Al Bayt Stadium outside Doha.
- Riyadh, Saudi Arabia — Saudi Crown Prince Mohammed bin Salman on Thursday launched a new company called Alat geared to...
The company, chaired by the Crown Prince, aims to enhance the capabilities of the Saudi technology sector
It aims to create 39,000 direct jobs and achieve a direct non-oil GDP contribution of $9.3 billion
- Abu Dhabi, UAE--Despite geopolitical uncertainties and potential economic headwinds, S&P Global expects GCC banks to maintain their well-capitalised, profitable, and...
The UAE and Saudi banking systems are expected to lead the region and credit growth and profitability will remain robust
The ratings agency however warned that potential risks, including geopolitical tensions and real estate exposure, remain
- But its sales in China dropped during October to December.
The company's profits came in at $33.9 billion during the quarter with diluted earnings per share above expectations at $2.18.
Its net sales in Greater China -- including mainland China, Hong Kong, and Taiwan -- declined from a year ago to $20.8 billion
- New York, United States - Wall Street stocks rose early Thursday, rebounding from the prior session's pullback as markets awaited more...
Major indices had tumbled on Wednesday after Federal Reserve Chair Jerome Powell dampened expectations for an imminent cut in interest rates.
Adam Sarhan of 50 Park Investments said the market is recovering from the "knee jerk" selloff after Wednesday's Fed meeting.
- The United States approved a $4 billion sale of state-of-the-art drones to India, offering a new edge to the growing...
Indian officials had discussed the drones during a state visit by Prime Minister Narendra Modi last year.
After months of discussion, the State Department said it had informed Congress of the sale..





















