Sunday, February 17, 2019

Gucci’s 28 Percent Growth Fails to Clear High Bar Set by...

Kering SA’s Gucci label outpaced competitors in the fourth quarter, though the 28 percent sales growth won little applause from investors who had high...
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This Near $1 Billion Startup Is Led by a 27-Year-Old Female...

Zilingo Pte’s path to becoming a fashion platform with a valuation approaching $1 billion began in December 2014 when Ankiti Bose, then an analyst...
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Dubai Plans Desert City’s First Solar Powered Desalination Plant

Dubai will seek partners this year to build its first solar powered desalination plant as the emirate tries to diversify away from burning fossil...
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SocGen Sees Saudi Arabia Opportunities After Mideast Expansion

Societe Generale SA (SocGen) sees more opportunities in Saudi Arabia as the kingdom seeks to diversify its economy away from oil, the bank’s chief...
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Saudi King Approves $3.1 Billion Plan to Ease Expat Fee Costs

Saudi Arabia’s King Salman has approved a plan to ease levies businesses pay on foreign workers to help revive economic growth. Authorities will exempt some...
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Kuwait Petroleum Said to Reassess $500 Billion Spending Plan

Kuwait Petroleum Corp. is reassessing plans to spend about $500 billion in capital investment and may decide this year to combine its eight business...
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Emirates’ Fatal Embrace of A380 Cuts Two Ways: David Fickling

Emirates may be about to deal a fatal blow to the world’s largest aircraft. Dubai’s national airline is considering switching 20 orders for Airbus SE...
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Oman Budget 2019: Walking a tightrope

Volatility in oil prices has led the government of Oman to walk a tightrope in Budget 2019, balancing expenditures within anticipated revenues and keeping...
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Mazoon Dairy marks milestone in economic development of Oman

Mazoon Dairy Company, the flagship dairy project of the Sultanate of Oman, has marked a significant milestone in the agricultural and economic development of...
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Fast Cars and Super Malls: Iran’s Revolution Has Mid-Life Crisis

Builders of the gleaming glass and stone Iran Mall that’s nearing completion on Tehran’s north-western edge say it will be the Middle East’s biggest,...
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