Industry & Trade

Kuwaiti singer Emma makes a big buzz on ‘Al-Saif’ talk show

Kuwaiti singer Emma made a big buzz when she appeared as a guest on the talk show entitled, ‘Al-Saif’, with presenter Faisal Al-Ajmi, reports local daily. Emma uttered fiery statements…

 
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Real Estate

Aldar plans to build $68m public park on Reem Island

Aldar Properties has announced plans for a new AED250 million ($68 million) public park on Reem Island. The one million square foot park will be completed in 2018, the Abu…

 
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Industry & Trade

Kuwait set to sign deal for Oman oil refinery

Kuwait will sign a partnership agreement with Oman for the Duqm oil refinery in the Gulf Arab Sultanate on April 10, Kuwait’s oil minister said on Thursday. The 230,000 barrel…

 
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Banking & Finance

Pricing of Kuwait debut foreign bond to approach Abu Dhabi debt

Kuwait’s first public bond issue in the global market is set to price between Abu Dhabi government debt, long viewed as the gold standard in the Gulf, and Qatar, investors…

 
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Banking & Finance

Why personal debt levels can’t rise much further

The revelation last week that the average UAE resident is saddled with $11,590 worth of personal debt may not have come as a surprise to many. After all, this is…

 
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Technology

UAE predicts 90% driverless cars, 20% solar power by 2035

Nearly 20 percent of households in the world will run on solar power, 90 percent of vehicles on road will be electric, self-driving cars by 2035 and the first Hyperloop…

 
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Real Estate

Prime residential prices slide in GCC

Four key markets for GCC real estate investors recorded price declines in the prime residential sector in 2016, according to a report. The cities that witnessed declines include Riyadh in…

 
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Banking & Finance

Middle East funds say bullish on stocks, but split on Kuwait

Middle East fund managers are strongly positive toward fixed income in the region because of expanding international bond issuance and they also plan to increase their equity holdings, a monthly…

 
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Interviews

Interview: Dr Fahad Saif Harhara, CEO of NIMR Automotive

Explain what makes your business unique? What’s unique about NIMR Automotive is the spirit of innovation, it takes the two aspects of innovation: the revolutionary aspect and the evolutionary aspect….

 
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Industry & Trade

UAE developer Manazel posts 5.8% rise in 2016 net profit

UAE-based developer Manazel Real Estate said on Tuesday that net profit for 2016 grew by more than 5 percent to AED206.5 million. The company said in a statement that the…

 
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