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Business News

Business News

News about trade, finance, investment trends and issues.

2387
Tensions are again running high between Chinese and Vietnamese authorities, after a run-in between ships in disputed waters in the South China Sea.  Three...

2004
Egypt has announced that it will receive a $3 billion emergency loan from the International Monetary Fund to cover a projected budget deficit.  After...

2042
In a reflection of the unfortunate financial climate still plaguing many investment firms, Abu Dhabi company The National Investor has seen a 92% decrease...

2018
During a two-day summit of the world’s G8 leaders in France this week, the head of the Middle East and Africa section of the...

2261
Abu Dhabi based InvestAD and Japanese corporation SBI Holdings have announced a joint venture in which they will partner to invest in Turkey.  They...

665
Sabah Energy Corporation Sbd has announced it will contribute an estimated RM5 billion to Malaysia’s RM115 billion realized investment target. The company, a state...

2133
As the international community attempts to sort through the financial problems created during Egypt’s political revolution earlier this year, Qatar has announced a plan...

2502
Yandex, the Russian search engine/internet service provider, hit the ground running with an initial public offering giving them a market cap of $11.2 billion. ...

1888
At this year’s 15th annual Malaysian Banking Summit, the 2nd Minister of Finance Datuk Seri Ahmad Husni Hanadzlah indicated that Malaysia is on track...

1953
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...

2055
While government growth in Saudi Arabia continues to meet industry targets, private sector growth must increase if the Kingdom hopes to employ its residents. ...

2365
At the first ever Global Science and Innovation Advisory Council held in New York City, the Prime Minister of Malaysia unveiled plans for their...

2280
Abu Dhabi conglomerate ATIC (the Advanced Technology Investment Company) has announced plans to take its stake in Globalfoundries, a microchip developer, from 87% to...

2274
The Westin Resort in Bali is hosting a meeting of the Indonesian and South Korean joint task force on investments and trade expansion between...

2167
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...

2983
MMC Corp Bhd has announced that three of its holdings will go public sometime this year.  Gas Malaysia Sbn Bhd, Malakoff Bhd, and Johor...

2049
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...

2227
The Malaysian Prime Minister urged Malaysian companies to continue investing in Qatar and strengthening their presence there.  Malaysian companies and investors have about a...