Oman Air one-day sale to mark 20th anniversaryOman Air will launch a one-day mega sale, offering a 20 per cent discount on all international return fares, to mark its 20th anniversary. The sale, on March 20, applies to both adult and child More… |
Qatar Insurance gets approval for shares saleThe board of Qatar Insurance has approved the sale of shares worth QR488.6 million ($134.2 million) to fund Qatar Holding, the insurer said in a bourse filing. The fund purchased 7.76 million shares at QR63 each, raising its capit More… |
Kingdom Holding Q3 profit up 10pcKingdom Holding Company (KHC), the investment company chaired by Saudi Prince Alwaleed, has registered a net profit of SR218 million ($59.3 million) for the third quarter, up 10 per cent over the same period last year. Announcing More… |
Kingdom completes $66m Saudi land saleKingdom Holding Company (KHC), the investment vehicle of Saudi Prince Alwaleed bin Talal, has inked a deal with Jeddah-based Subul Development Company for the sale of a part of its Kingdom Riyadh Land project for SR250 million ($66.5 million). More… |
Toyota China sales tumble on islands rowToyota Motor Corp's China sales fell about 40 per cent in September from the year before, while those of rivals such as Hyundai and BMW jumped, underscoring how badly Japanese brands have been hit by a territorial row between the two countri More… |
Emaar sells key hotel to Abu Dhabi companyDubai's Emaar Properties, the builder of the world's tallest tower, has sold one of its hotel assets to an Abu Dhabi-based real estate firm Eshraq Properties for an undisclosed amount. Eshraq Properties said in a statement More… |
RBS to sell key insurance unitState-backed Royal Bank of Scotland (RBS) is to press ahead with the forced sale of its Direct Line insurance division in what could be the biggest listing on the London Stock Exchange for more than a year. RBS, majority-owned by More… |
BurJuman launches DSS discounts saleDubai-based BurJuman, a leading retail destination, has launched its summer sales of up to 75 per cent off on leading brands as the 15th edition of Dubai Summer Surprises (DSS) takes place across the mall. To celebrate the DSS theme “Dubai More… |
Apple pays $60m to settle China iPad disputeApple has paid $60 million to Proview Technology (Shenzhen) to end a dispute over the iPad trademark in China that saw the world's most valuable technology company engaged in a protracted legal tussle with a near-bankrupt Chinese firm. More… |
DFC launches freehold home salesAl-Futtaim Group Real Estate (AFGRE) has announced the first release of 24 newly-completed town homes in the third phase of Al Badia Residences at Dubai Festival City (DFC). DFC is the first creek side, mixed-use waterfront commu More… |








