Saudi Arabia's stock market regulator proposed rules on Thursday for opening the $580 billion market to direct investment by foreign institutions, including a 10 per cent cap on foreign ownership of the market's value.
The industrial services market has earned revenues of $549.3 million in 2013 and is estimated to reach $818.5 million in 2018, at a growth rate of 8.3 per cent per annum, according to a recent analysis.
The new analysis from Frost
Taysir Holding and NileIT have signed a deal to offer mobile payment solutions within Egypt and various foreign markets.
The strategic partnership will support Taysir Holding’s mission o introduce the Mobile Payment Solution
Toyota Motor’s reliance on the US market to drive record profits is deepening this year, its latest outlook showed, with strong sales of refurbished SUVs and Camry sedans expected to offset weakness in Thailand and other emerging markets.
The Turkish property market recorded a 60 per cent increase in year-on-year sales to foreigners in Turkey during the first six months of the year, totalling to more than 8,500 property purchases, said a report.
Istanbul alone recorded a
The Middle East and Africa region has reported a one per cent increase in hotel room occupancy to 64.6pc in the first half of the year, according to an STR Global report.
The June results pointed out that the average daily rate (ADR) in
The economist behind a plan to unlock at least $380 billion worth of assets from Egypt's black market says President Abdel Fattah Al-Sisi must first restore another asset that has depreciated over the years: