Reuters Saudi Arabia’s stock market surged on Monday as cement firms climbed before the release of the government’s 2018 budget, which is expected to include an increase in infrastructure spending. The Saudi stock index surged 1.4 percent in active trade. Five of the 10 most heavily traded shares and six of the 10 top gainers were cement firms, with Najran …

DUBAI / Emirates Business His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Airport Freezone Authority (DAFZA), has launched the ‘DAFZA’s Strategy for Islamic Economy’ which is based on strategic initiatives involving the Islamic economy and halal sectors. The strategy will help attract more foreign direct investments (FDIs) to the sectors and support the ‘Dubai – Capital …

DUBAI / WAM Dubai International (DXB) has been named the ‘Favourite Airport for Layovers’ at the Conde Nast Traveller Readers’ Choice Awards Middle East. Dubai International along with Singapore Changi International and Hong Kong International Airport were the three international hubs that were voted to the top by readers of Conde Nast Traveller Middle East in the Favourite Airport for …