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Doha, Qatar. (File photo)
March 26, 2017 - 14:08 GMT
The introduction of a 5 percent value-added tax (VAT) in GCC countries will have a marginal effect on inflation, according to a new report.
Emaar Malls is the shopping center unit of Dubai’s biggest publicly traded property developer. (File photo)
March 26, 2017 - 13:30 GMT
Dubai's Emaar Malls made a bid for online retailer Souq.com seeking to challenge an existing offer from Amazon.
Expats are advised to secure their own retirement as early as possible. (Pexels)
March 26, 2017 - 12:00 GMT
Nearly 70 percent of expats in the GCC do not have any form of pension or guaranteed savings.
Qatar, like other Gulf countries, has been seeking efficiency savings due to lower revenues from hydrocarbons. (Pixabay)
March 26, 2017 - 11:03 GMT
Qatar Foundation, the state-owned non-profit, will soon lay off around 800 staff, according to reports.
The Uber app. (File photo)
March 26, 2017 - 10:40 GMT
Non-Saudi drivers working for app-based ride-sharing services will be penalized as part of moves to saudize the Kingdom’s transportation sector.
Abu Dhabi's Waha Capital reaps the fruits of its diversification strategy. (File photo)
March 26, 2017 - 10:23 GMT
The shareholders of Waha Capital approved a 20 percent cash dividend for eligible shares at its annual general meeting, held on Wednesday.
Qatar goes dark and green for Earth Hour. (Shutterstock)
March 26, 2017 - 08:54 GMT
On the occasion of “Earth Hour”, Qatar released data related to its domestic and industrial consumption of electricity.
Costing QR6.5 billion, Doha Festival City is set to be among the largest malls in the GCC when it opens in April. (Shutterstock)
March 23, 2017 - 17:40 GMT
Qatar over the years has not only become a tourist destination but also a shopping haven.
The Islamic, or halal, food industry is valued at about $2 trillion a year. (File photo)
March 23, 2017 - 17:06 GMT
Oman has several advantages in attracting investment in Sharia-compliant industries, including halal food.
Saudi Arabia's beef imports from Brazil were 28,676 tonnes in the period from February 2016 through January 2017. (Shutterstock)
March 23, 2017 - 16:48 GMT
Saudi Arabia has halted chicken and beef imports from four Brazilian companies for safety measures.
Along with drivers, now even passengers will face fines for failing to wear seat belts. (Shutterstock)
March 23, 2017 - 14:58 GMT
The UAE government this week introduced new amendments to federal traffic laws, in a bid to make the country's roads safer.
Saudi Aramco's IPO is scheduled in the second half of 2018. (AFP/Fayez Nureldine)
March 23, 2017 - 12:03 GMT
Saudi Aramco is seeking to issue $2 billion worth debut Islamic bond sale, the first step of a plan to tap markets for an estimated $10 billion.
The banned Middle East carriers include Emirates, Etihad Airways, Qatar Airways, Royal Jordanian, Saudi Airlines, and Turkish Airlines. (File photo)
March 23, 2017 - 11:14 GMT
While airlines are still trying to assess the extent of financial hit from the gadget ban on US and UK flights, experts are already estimating big losses.
Chinese 3D printing firm will build 1.5 million 3D printed houses in Saudi Arabia. (Shutterstock)
March 23, 2017 - 10:34 GMT
Chinese 3D printed housing company WinSun said it has reached an agreement with Saudi Arabia to lease 100 3D printers.
Several countries are suspending their imports of meat from Brazil in the wake of allegations that companies had been exporting rotten meat. (File photo)
March 23, 2017 - 09:00 GMT
Jordan said it will not halt imports following allegations that Brazilian meat exporters have been selling rotten meat with falsified certificates.
The UAE has seen a 12 percent increase in tourists after it offered visas on arrival to visitors from China and Russia. (File photo)
March 23, 2017 - 08:00 GMT
Dubai has reported a 12 percent year-on-year increase in visitors in January and February with over 3 million tourists recorded.