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Business

Saudi to restart Grand Mosque expansion – Work to resume after annual Hajj pilgrimage

DUBAI, Aug 17, (RTRS): Saudi Binladin Group will restart work next month on the $26.6 billion expansion of the Grand Mosque in Makkah, nearly two …

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New Egyptian investment law to allow cos to register within hours – Regulation to provide tax breaks, rebates, foreign currency guarantees

CAIRO, Aug 17, (RTRS): Egypt is hoping that long-awaited regulations approved on Thursday to its new investment code will draw in fresh and needed cash …

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Kuwait index winds up week on strong footing – Humansoft Holding jumps 50 fils; Americana dips

KUWAIT CITY, Aug 17: Kuwait stocks swung higher on Thursday to wind up the week on a strong footing. The price index climbed 31.72 pts …

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Qatar’s economy remains strong: experts – Bruised but coping

DOHA, Aug 16, (AFP): Qatar’s economy has been hit by the sanctions imposed by a Saudi-led Arab bloc but the emirate’s economy is strong enough …

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Kuwait gains in volatile session; volume shrinks – KIPCO climbs 4 fils; Americana tumbles

KUWAIT CITY, Aug 16 : Kuwait stocks headed north on Wednesday extending its gains to second straight session. The price index rose 10.46 points in …

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Warning from history: Could Japan-style crash hit China? – Growth slows and ratings agencies sound the alarm over China’s debt

TOKYO, Aug 16, (AFP): Sizzling property prices, a groaning debt load, wealthy tourists and tycoons willing to slap down eye-popping sums for art: China is …

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How to tackle credit card debt – Young and overspent?

After Emilie Burke, 24, graduated from Princeton University in 2015 and moved to Baltimore, her expenses began piling up. “I had to put a down …

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Kuwait bourse retreats into red; volume jumps – NBK dips 4 fils; Zain gains

KUWAIT CITY, Aug 15: Kuwait stocks pulled lower on Tuesday reversing last session’s gains as profit taking kicked in. The bourse dropped 15.61 pts in …

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Saudi Arabia to launch joint trade commission with Iraq – Sign of thaw

RIYADH, Aug 15, (AFP): Saudi Arabia and Iraq are to launch a joint trade commission, the Saudi cabinet announced Monday, in a sign of a …

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Oil prices rally on stock drawdowns, signs of slowing US output growth – OPEC output rises in June as Libya and Nigeria ramp up production

KUWAIT CITY, Aug 14: Prices made a strong comeback in July, reversing the bear trend of the last couple of months and returning to the …

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