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Dubai Landmark Burj Khalifa

On faking it

Dubai is all set to launch yet another tourist attraction in a bid to outdo other countries vying for the tourism pie.

July 8, 2012 5:20
 
Dar-al-Arkan

Saudi’s Dar al-Arkan second quarter net profit up 11 percent

The firm made a net profit of 331 million riyals ($88 million) in the three months ending June 30, compared with 298 million riyals in the same period a year earlier, it said in a bourse statement on Saturday.

July 8, 2012 9:48
 
Saudi-Arabian-Airlines-Catering-company

Saudi Airline catering unit lists July 9 after $347 million IPO

The catering unit of Saudi Arabian Airlines raised 1.3 billion riyals ($346.7 million) from the share sale, which was sold to the public between June 18-24, following a bookbuilding period involving institutional investors.

July 5, 2012 6:07
 
http://www.dreamstime.com/-image12338245

Saudi mortgage law to boost home loan market

The world's top oil exporter said on Monday its cabinet had approved the legislation, more than a decade after it was first proposed, but did not divulge details of the new regulations.

July 5, 2012 10:16
 
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