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Iran's new oil contract to be ready by July

Iran's new oil industry investment contract for international oil firms will be ready by July, a senior Oil Ministry official was quoted as saying on Thursday by Iranian state TV. "The new contracts will be ready in June,

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Qatar firm in talks to buy two St Regis hotels in US

The Qatar Investment Authority is in talks to buy St. Regis hotels in New York and San Francisco from Starwood Hotels & Resorts Worldwide, a report has unveiled. According to a report in Bloomberg, sources close to th

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Majid Al Futtaim unveils $1.8bn Oman investment plan

Majid Al Futtaim, a leading shopping mall and leisure pioneer in the region, officially unveiled its plans to increase its total investment in Oman to RO705 million ($1.825 billion) by 2020, at an event in Muscat today. The event

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Majid Al Futtaim unveils $1.8bn Oman investment plan

Majid Al Futtaim, a leading shopping mall and leisure pioneer in the region, officially unveiled its plans to increase its total investment in Oman to RO705 million ($1.825 billion) by 2020, at an event in Muscat today. The event

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Qatar, UAE among top nations for infrastructure investment

Qatar and the UAE rank the second and third most attractive countries for infrastructure investment across the globe despite low oil prices hindering such investment, says a key report from Arcadis, a leading global design and consultancy firm.

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Qatar, UAE among most attractive states for investment

Qatar and the UAE rank the second and third most attractive countries for infrastructure investment across the globe despite low oil prices hindering investment into infrastructure, says a key report from Arcadis, a leading global design and con

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Waha Capital posts $47.85m profit

Waha Capital, a leading investment company based in Abu Dhabi, has reported a net profit of Dh175.8 million ($47.85 million) for the first quarter of 2016, a decline of 3.5 percent compared to the same period last year. Portfolio

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Mideast generated $195bn from tourism in 2015

David Scowsill, president and CEO of the World Travel & Tourism Council (WTTC),  has called for continued investment in Travel & Tourism in the Middle East - which generated $194.5 billion or 8.0 per cent of GDP in 2015 - as a means

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Quilter Cheviot opens office in Dubai

Discretionary investment management company Quilter Cheviot, part of Old Mutual Wealth, which can trace its heritage back to 1771, has been granted approval to open a new representative office in the Dubai International Financial Centre (DIFC) u

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Kingdom Holding Q1 profit falls 25.4pc

Saudi Arabia's Kingdom Holding , the investment firm owned by billionaire Prince Alwaleed bin Talal, posted a 25.4 percent fall in first-quarter net profit on Thursday as income declined and finance charges increased. The inve

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