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Sharjah rents up 7pc as Dubai residents relocate

Sharjah’s rent rates have increased seven per cent on average this quarter as Dubai residents look to relocate to more affordable accommodation, said a report.   The Q1 2014 Northern Emirates report from As

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Qatar property transaction up 35.2pc

Qatar's property transaction value jumped 35.2 per cent to QR11.9 billion ($3.1 billion) in the first quarter, compared to QR8.8 billion during the same period last year, said a report.   The country’s

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Land Rover sales grow 45pc in Kuwait

Land Rover vehicles' sales in Kuwait increased 45 per cent last year, against 2012.   The Range Rover, contributing to the performance, increased its sales 460 per cent over the previous year, said a statemen

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Alwaleed Foundation lights up 3 Saudi villages

Saudi Arabia-based Alwaleed Bin Talal Foundation has donated electric generators for three villages in the Asir region. As part of the ‘Lighting up Lives’ project, the foundation provided generators to 50 houses in the

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Chevrolet backs ‘Buckle Up In The Back’ drive

Chevrolet has signed a deal to support the Buckle Up In The Back initiative, which educates UAE children to wear seatbelts. Lesley Cully, owner of Buckle Up In The Back, attends schools across the UAE, teaching children, parents a

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Major clean-up drive organised in Qatar

Qatar community, downstream industries, schools and universities came together on Wakrah Beach for a regional clean-up’ campaign, for the Waste Free Environment Day today (February 20). The ‘Waste Free Environment Day&

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Kipco Q4 net profit surges 75pc

Kuwait Projects Co (Kipco), the country's largest investment company, reported a 75 per cent rise in fourth-quarter net profit on Tuesday, saying its pay-television company OSN had performed especially well. Net profit in the three

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Bahrain steps up sea patrols

Security has been beefed up at sea with two armed checkpoints set up off the Northern coast of Bahrain towards Iran. Three patrol boats will also assist the manned checkpoints, which have been designed to combat illegal activities

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Al Watany posts 13pc profit rise

Al Watany Bank of Egypt (AWB), a subsidiary of National Bank of Kuwait Group (NBK), has reported net profits of EGP259 million ($37.5 million) in the first nine months of the year, up 13.4 per cent year-on-year (YOY). AWB profits

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Bentley global deliveries up 9pc

British luxury automobiles manufacturer Bentley Motors has recorded a nine per cent increase in global customer deliveries in September against the same period in 2012. The Middle East and Europe market posted impressive gains, dr

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