Egypt's SODIC Swings to 2011 Net Loss
Shares slump 4 pct; Company reports progress on land bank issues; Says cash position is healthy
April 18, 2012 9:08
Abu Dhabi sees oversupply challenges and now faces consolidation
Abu Dhabi now faces challenges as a huge supply of high-end homes are expected to enter the market. Property prices in the emirate are expected to fall another 11 percent from here, a Reuters poll showed.
March 12, 2012 1:40
Qatar’s Barwa posts 8.9 percent drop in 2011 net profit
Qatar's Barwa Real Estate Group said on Monday its 2011 full-year net profit fell by 8.9 percent to 1.29 billion riyals ($354.35 million), compared with 1.41 billion riyals the previous year.
March 5, 2012 1:29
Abu Dhabi’s Waha Capital Q4 net falls 46 percent
Waha Capital, an Abu Dhabi-listed investment firm, said its fourth-quarter net profit fell 46 percent, with the company citing a one-time gain in its year-ago results for the drop.
February 1, 2012 12:54
Over 90% of passwords vulnerable to hacking
Passwords in the Middle East - even ones deemed to be "strong" - are actually susceptible to infiltration.
May 23, 2013 8:51
'Renewable energy absolutely necessary' - Saudi
Oil saving win-win drives Saudi solar power boom...
May 23, 2013 4:56
Real cost of sending your child to a Dubai school
Ambareen Musa, founder of Souqalmal.com, reminds parents of the hidden and additional costs of education.
May 23, 2013 1:19
Gold iPad at Burj Al Arab
Device to be a “virtual concierge” for luxury hotel's guests.
May 22, 2013 12:04
Minimum wage 'unfair' for employers?
FNC member argues that minimum wage for domestic workers and maids is 'taking advantage' of employers.
May 20, 2013 4:24