Emirates Business Japanese heavy trucks manufacturer, UD Trucks has unveiled a range of trucks specifically built with Middle East customers in mind, with significant launch events taking place in Saudi Arabia, Qatar and Oman. The all-new Quester is a modern and robust heavy-duty truck platform designed to serve a wide range of applications including construction, distribution and long-haul transportation. …

  Manama / TNS Bahrain is aiming to earn BD1 billion per year from tourism by 2020, it was revealed. The estimated revenue for last year was BD600 million, which means almost doubling the income in the next four years. Economic Development Board (EDB) tourism and leisure investment executive director Jerad Bachar said it would be difficult, but achievable. He was …

  Riyadh / Reuters Contracting giant Saudi Binladin Group (SBG) has repaid a 1 billion riyal ($266.7 million) Islamic bond that matured in late June, a sign of modestly easing pressure on the embattled firm, banking sources said. The payment came after a delay of several weeks and used money from a 2.5 billion riyal loan the company secured from …