• Mideast property buyers eye Spain

     
     

    RIYADH – Spanish property sees 1,400 percent increase in Middle Eastern buyers, Spanish house builder Taylor Wimpey España said. The favorite Costa del Sol is once again proving the most popular area in which to own a second …

  • Ford 1.0-liter EcoBoost bags ‘Engine of the Year’ award

    Ford Motor Company’s ultra-fuel efficient and spirited 1.0-liter EcoBoost petrol engine was named “2013 International Engine of the Year”, marking the second straight year Ford’s acclaimed three-cylinder engine has captured the award.

    The 1.0-liter EcoBoost – which combines direct fuel …

  • Gold price slumps as oil steadies

    LONDON – Gold tumbled this week close to a three-year low under $1,200 per ounce, hit by receding inflation fears, upbeat US data, a strong dollar and expectations of an end to the Federal Reserve's quantitative easing (QE) stimulus.

    Markets …

  • McLaren Automotive names new head for MEA

    McLaren Automotive has appointed Ian Gorsuch to the position of regional director, Middle East and Africa, to once again lead the company’s operations in the region.  Gorsuch will be based in Bahrain which is home of the McLaren Automotive Middle …

  • Emerging markets inflows to fall in ’14

    MEXICO CITY –  Private capital flows to emerging markets are set to fall in 2014 to their lowest since the global financial crisis as expectations grow for an unwinding in US Federal Reserve stimulus, a global banking group said in …

  • MENA needs ‘accountable’ health systems

    TUNIS – The Middle East and North Africa (MENA) countries have some of the lowest government spending on healthcare. Access to health services is inequitable and the quality of care is well below what people expect. This could be reversed …

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