St Kitts highlights citizenship scheme to GCC residentsGulf residents have been urged to take advantage of the new Citizenship by Investment (CBI) programme of St Kitts and Nevis that allows a family of four to get citizenship and obtain passports to the twin island state for $195,000. More… |
Strata, AAA to partner on aircraft manufacturing support servicesStrata Manufacturing, the advanced composite aerostructures manufacturing facility wholly owned by Mubadala Investment Company (Mubadala), has signed a memorandum of understanding (MoU) with Assistance Aéronautique et Aérospatiale More… |
Jail for pirated goods trader 'upheld'Saudi Arabia’s Board of Grievances (BOG) has upheld the recommendation of the Ministry of Information to mete out a jail sentence against a trader of pirated goods, a statement said. The conviction is a precedent for merchants to strictly More… |
Regional lawmakers back mediation forumA total of 30 lawyers, judges and mediators from across Morocco took part in a recent workshop that focused on mediation as a means of alternative dispute resolution in Rabat, Morocco. The three-day mediation workshop organised by the Bahr More… |
BCDR arbitration claims total $500mAround $500 million (BD189 million) has been claimed in 13 resolved cases by the Bahrain Chamber for Dispute Resolution in its first year of operation last year, an official has revealed. This year the Bahrain Chamber for Dispute Resolutio More… |
Investors buy stocks in AAA rated countriesInvestors worried about a weakening global economy have rushed to stocks of countries with higher credit quality such as Germany, Canada and Switzerland, data from EPFR Global showed on Friday. Equity funds investing in those countries pos More… |
US is still AAA country: ObamaPresident Barack Obama has blamed a downgrade in the US' credit rating on political gridlock in Washington and said he would offer some recommendations on how to reduce federal deficits. Obama stopped short of sharp criticism of Standard & More… |
Saudi steps up anti-piracy effortsThe Ministry of Culture and Information (MoCI) of Saudi Arabia has started implementing a number of major anti-piracy measures in a move to establish the Kingdom as a regional leader in anti-piracy efforts. The MoCI, through the personal e More… |
UAE warning over import of decodersThe UAE Ministry of Economy (MoE) has issued a fresh warning to those involved in illegally importing or selling satellite TV decoders in the country. The ministry has issued letters instructing authorities in all ports of entry in the sev More… |
AAA in $600m tower developmentsAAA Appraisers, the development arm of the Dubai-based AAA International Group, will launch three more towers in Dubai by year-end with an estimated investment of $600 million. The announcement was made during the unveiling of its The Ecli More… |