Qatar
Qatar royal family buys Greek island
The royal family of Qatar has bought an uninhabited Greek island for around €5 million, Greek media reported on April 28. Emir Sheikh Hamad bin...
GCC foreign assets set to rise by 19 per cent
Net foreign assets held by Gulf Cooperation Council (GCC) countries are expected to rise by 19 per cent this year because of high oil...
Solid education for the best in class
Universiti Teknologi MARA (UiTM) is Malaysia’s largest institution of higher learning in terms of size and population. It has experienced phenomenal growth since its inception in 1956 and it is still growing.
Kuwait expresses interest in Royal Bank of Scotland stake
The Royal Bank of Scotland hopes to re-privatize after being taken over in 2009 by the British government, and both Qatar and Kuwait have...
Fomento de Construcciones to bid with Commodore on UAE projects
Spanish firm Fomento de Construcciones y Contratas is continuing on its quest to derive more than 60% of its business from outside Spain by...
Saudi millionaires on the rise
In a recent study by the Boston Consulting Group, it was revealed that, not unexpectedly, Saudi Arabia has the highest concentration of “ultra-high net...
Airports in the Gulf getting $90 Billion upgrade
In an effort to improve security and facilities in the region, airports around the Gulf Coast will be spending up to $90 billion in...
Royal Bank of Scotland seeks Middle East investors
The chairman of the Royal Bank of Scotland has embarked on a tour of the Middle East to meet with potential investors once his...
Qatar to spend $604 million on cancer prevention
Qatar has announced a new proactive campaign against cancer in the country. It attempts to up the quality of care received by citizens, and...
Qatar to invest $10 Billion in Egypt
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...
Qatar not expected to profit from World Cup 2022
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...
Qatar and Malaysian relationship stressed by PM of Malaysia
The Malaysian Prime Minister urged Malaysian companies to continue investing in Qatar and strengthening their presence there. Malaysian companies and investors have about a...
PM of Malaysia heads to Saudi Arabia and Qatar
Malaysian Prime Minister Datuk Seri Nijab Razak has been summoned to Saudi Arabia for a special private luncheon. The invitation was extended by the...
Qatar produces first large scale movie
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...
Raffles hotel sold to Qatari Diar
Qatar’s sovereign property developer, Qatari Diar, will finalize the purchase of the famous Singapore establishment Raffles Hotel. Joseph Conrad, Rudyard Kipling, W. Somerset Maugham,...
Fairmont Raffles to expand in Gulf
Qatar or Jeddah, Saudi Arabia might soon be the recipients of a new Fairmont Raffles hotel complex. The Qatari monarchy has invested US$877million in...
GCC countries score on friendliness index
Several Gulf Coast countries scored high on a poll run by HSBC about the friendliness of their nations. Despite recent political unrest, Bahrain scored...
Top 50 Gulf companies
ArabianBusiness.com has released their current list of the 50 biggest countries in the Gulf Coast region. There were few surprises on the list, but...
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Southeast Asia’s tallest tower to open next year
Southeast Asia’s tallest building and the second tallest in the world, the Merdeka 118 tower in Kuala Lumpur, Malaysia is due for completion by...
Stories of the week
Philippines burdened with record debt post-Duterte
The Philippines’ public debt stood at a record high of 12.79 trillion pesos ($230.3 billion) when former President Rodrigo Duterte left office at the...