Saudi sentences 3 suspected militants to death for 2003 bombing
A Saudi Arabian court has sentenced three men to death and jailed two others for up to 17 years for their part in a series of militant attacks including the deadly bombing of a foreign housing compound in 2003, state news agency SPA reported.
Rent cap in UAE will keep real estate market on track
The UAE’s sense of impending economic boom has to be managed well. The real danger lies in the real estate sector, which overheated dramatically only a few years ago and caused untold misery when it collapsed as part of the global financial crisis in 2009 and 2010.
Dubai Silicon Oasis widens venture funding scope
Dubai Silicon Oasis (DSO) plans to widen the scope of its venture capital programme and bring in specialist partners who could provide additional funds into the seeding process. It was in 2012 that DSO kickstarted the venture funding initiative and now sees the time as right for a serious upgrade.