Saturday 19 April 2014

Dubai serviced flats 'seeing good growth'

Serviced apartments in Dubai could offer investors double-digit annual yields before additional supply reduces the sector's profitability going forward, a banker at HSBC said. The sector is receiving interest from investors lo


Saudi stocks close flat after early rise

Saudi shares closed flat on Saturday after rising slightly in early trade. The all-share closed at 6,663 points, while the banking sector added 0.5 per cent at 15,219 points. Heavyweight Al Rajhi Bank gained 1.4 per cent while petrochemica

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