Abu Dhabi- Rotana to open 20 hotels in India

(MENAFN) It's estimated that Pakistan will receive up to USD15 billion bailout from Saudi Arabia, reported Arabian Business.This bailout's aim is to help Pakistan's energy sector.The Gulf state would supply the country with crude and furnace oil and ...

(MENAFN) The Mall of Qatar constructing is already in progress, and it's planned to be ready in 2015, reported Arabian Business.The Gulf country spent USD820 million on this project, which will make it the largest retail center in the country.The ...

(MENAFN) Bahrain is expecting an economic growth of at least 5 percent during the current year, reported Arabian Business.This expectation was due to the rebound in oil production and the growth in non-oil fields.Last year's GDP growth rate was 3.4 ...

(MENAFN) Huawei Technologies Co's Middle East revenue went up 18 percent to USD2.08 billion last year, reported Arabian Business citing Reuters.The world's second-biggest telecom equipment vendor said that the start of 4G mobile networks and IT ...

Arabian Businesss reported that global power giant Siemens has been awarded 2 contracts valued at about SAR 1 billion by state run utility Saudi Electricity Company. The first contract includes the supply of 5 gas turbines, which will add 388 ...

(MENAFN) Damac Properties stated that it will soon start sales of units at its Burj area project, reported Arabian Business.The Dubai-based company's 22-storey Bay's Edge tower consists of 220 units and is located across Burj Khalifa.The project ...

--(BUSINESSWIRE)-- A special look at Saudi Arabia's role in the unsettled debt restructuring of the Saad and Algosaibi Groups Please join Dr. Robert Shapiro for a teleconference as he releases a new report on the failure of two Saudi Arabian ...

Arabian Business reported that Saudi Aramco has invited bids for the construction of a 2,400 megawatt power plant in Jizan, near a 400,000 barrel per day oil refinery which it is currently building, 2 industry sources said that on Monday May 20th ...

(MENAFN) Gulf states' pension funds are boosting their investments through acquiring new assets, reported Arabian Business.According to Investment manager Invesco's Middle East Asset Management Study, it's expected that regional state pension funds ...