by Shuja Al-Baqmi | Oct 20, 2017 | Business
Riyadh – The Public Investment Fund (PIF) has announced the establishment of the Saudi Real Estate Refinance Company (SRC), in line with Saudi Vision 2030 objectives to improve the performance of the real estate market, increase its contribution to GDP, and...
by Asharq Al-Awsat | Oct 20, 2017 | Business
Riyadh – Saudi Capital Market Authority board issued its resolution to approve the updated “Merger and Acquisition Regulations” which will be effective and in full force as of Thursday. The updated lists aim to regulate the mergers and acquisitions and...
by Abdul Hadi Habtor | Oct 20, 2017 | Business
Riyadh – A prominent Gulf official warned the European Union (EU) that Europe’s share of Gulf continues’ foreign trade is declining, decreasing from 24 percent in 1992 to 11 percent last year — the Gulf foreign trade is shifting to Asia. For 20 years, Gulf...
by Asharq Al-Awsat | Oct 20, 2017 | Business
London – Qatar has brought back more than $20 billion to cope with the boycott imposed by the Anti-Terrorism Quartet, which is formed by Saudi Arabia, Egypt, the United Arab Emirates and Bahrain. Qatari Finance Minister Ali Shareef al-Emadi said that his country...
by Wael Mahdi | Oct 19, 2017 | Business
Kuwait- Prime Minister of the Republic of Algeria Ahmed Ouyahia received a message sent by Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud to President Abdelaziz Bouteflika of the People’s Democratic Republic of Algeria. It was conveyed by...
by Asharq Al-Awsat | Oct 19, 2017 | Business
Cairo – Mediterranean union investment forum of renewable energy began in Egypt on Wednesday aiming to launch several opportunities in the field of renewable energy in the Euro-Mediterranean region, enhance cooperation on energy and climate actions, and create a more...