Business Blog

Switzerland to lift veil on tax secrecy

Switzerland is set to commit to a new global standard on automatic information exchange, in the fight against cross-border tax evasion

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Saudi's Alkhair Capital predicts 10 pct annual AUM growth

DUBAI, May 6 (Reuters) - Saudi Arabian sharia-compliant investment bank Alkhair Capital expects to expand its $2 billion of assets under management by 10 percent annually as it attracts foreign investors to the kingdom, its chairman said. Alkhair, which...

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Call to control rising house prices

The UK government should consider more restrictions on the Help to Buy scheme as house prices continue to rise, the OECD says.

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Saudi's Alkhair Capital predicts 10% annual AUM growth

Saudi Arabian sharia-compliant investment bank Alkhair Capital expects to expand its USD2 billion of assets under management by 10 percent annually as it attracts foreign investors to the kingdom, its chairman said.

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OECD cuts global growth forecast

Global growth will be driven by advanced economies as emerging markets slow down, the Organisation for Economic Co-operation and Development predicts.

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Egypt still 'a popular tourist destination'

The upcoming Egyptian parliamentary and presidential elections will boost the tourism sector, says Egyptian tourism minister Hisham Zaazou.

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