UAE: Revealed: Dubai's most expensive communities

Downtown Dubai and the nearby Old Town community are the most expensive areas to rent and buy apartments, according to new research from Propertyfinder Group.

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Bahrain's infrastructure spend to support non-oil sector growth

Bahrain’s non-oil growth will remain resilient over the next two years as GCC investments keep infrastructure spending levels elevated, offset oil sector weakness and keep overall growth close to 3 percent, according to a new report from NBK Economics.

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Saudi hardship payments will boost economy, but could impact deficit

Saudi Arabia’s royal order to pay a hardship allowance to government workers could boost the economy but will also impact the kingdom’s budget deficit, according to Bank of America Merrill Lynch (BofAML).

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Bahrain first regionally, second globally: IFDI report

 Bahrain has ranked second globally and first in the MENA region in the fifth edition of the Islamic Finance Development Report and Indicator (IFDI) by Thomson Reuters and the Islamic Corporation for the Development of the Private Sector (ICD) – the private sector development arm of the Islamic Development Bank (IDB). This is the fifth consecutive year that Bahrain has retained its second place, following Malaysia in first position.

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Saudi Binladin Group shares may be transferred to state

Saudi Binladin Group (SBG) said on Saturday some shareholders in the construction giant might transfer part of their holdings to the state in a settlement with authorities, which detained several members of the founding family in an anti-graft drive.

 

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