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Business News

Business News

News about trade, finance, investment trends and issues.

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Trade to and from the United States is at an all-time high in the United Arab Emirates.  For the first year ever, the UAE...

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While government growth in Saudi Arabia continues to meet industry targets, private sector growth must increase if the Kingdom hopes to employ its residents. ...

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At the first ever Global Science and Innovation Advisory Council held in New York City, the Prime Minister of Malaysia unveiled plans for their...

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Abu Dhabi conglomerate ATIC (the Advanced Technology Investment Company) has announced plans to take its stake in Globalfoundries, a microchip developer, from 87% to...

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The Westin Resort in Bali is hosting a meeting of the Indonesian and South Korean joint task force on investments and trade expansion between...

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Singapore’s non-oil domestic exports took an unexpected drop in April of this year, the first decrease of 2011.  Analysts blame a reduced demand for...

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MMC Corp Bhd has announced that three of its holdings will go public sometime this year.  Gas Malaysia Sbn Bhd, Malakoff Bhd, and Johor...

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According to Citibank’s chief economist for the Middle East, Qatar is unlikely to reap any economic benefit from hosting the 2022 World Cup.  After...

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The Malaysian Prime Minister urged Malaysian companies to continue investing in Qatar and strengthening their presence there.  Malaysian companies and investors have about a...

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IPIC (The International Petroleum Investment Company) revealed in recently disclosed financial statements that the Abu Dhabi government-backed corporation posted a 65% decrease in profits...

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Malaysian Prime Minister Datuk Seri Nijab Razak has been summoned to Saudi Arabia for a special private luncheon.  The invitation was extended by the...

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Singapore is looking to overtake Hong Kong as the capital of international fund management.  With $1.1 trillion in assets, up 13% from last year,...

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Qatar is set to proudly premiere the first large-scale movie produced by the Doha Film Festival.  Black Gold, starring Freida Pinto of Slumdog Millionaire...

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Brazilian exports to Arab countries are at an all-time high, due mainly to food exports.  Middle Eastern countries bought $4.1 billion worth of goods...

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Next week’s roundtable meetings with the Prime Minister of Malaysia and several big-name US companies is expected to lead to the announcement of a...

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Despite a 31.5% decrease in earnings over the first quarter of 2011, SingTel remains confident about its long-term investment in Indian telecom Bharti.  The...

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As Malaysia strives to meet its Economic Transformation Program (ETP) goals of economic development, namely increasing job creating and gross national income, it has...

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If Malaysia wishes to attain developed nation status by 2020, as is the government’s goal, its productive growth must grow by at least 5%...