Qatar’s budget for 2020 largest in five years
The country plans to spend 1.9% more in 2020 than it did last year...
Tag : Middle East
Saudi Arabia’s NCB and Riyadh Bank end merger talks
The two Saudi banks failed to agree on a valuation...
China’s State Grid buys 49% stake in Oman electricity Utility
State Grid paid $1 bn to Oman’s Electricity Holding Company for the stake in Oman Electricity Transmission...
Property sales in Dubai surge in November, hitting 11-year high
5,051 property sales were recorded in November, a 5.8 percent increase from October...
Investor appetite pushes Aramco valuation to $1.88 tn
Aramco’s shares began trading at the Tadawul at 10:30 on Wednesday...
Experts: $2 tn valuation possible for Aramco
High demand, reducing production and incentivising shares could drive share prices up...
Emirates flies to Mexico after legal battle
The carrier will fly to Mexico through Barcelona...
Aramco allocates 23% shares to non-Saudi investors in IPO
Aramco is expected to list 1.5% of its shares on the Tadawul later this week...
AquaChemie to develop $40 mn chemical terminal in UAE
To be developed at Jebel Ali Port in Dubai, the facility will serve as a strategic gateway to facilitate chemical trade across GCC...
UAE to see higher growth due to greater spending
The UAE’s economy is projected to grow by 2.3% in 2019, according to its central bank...