June 8, 2014
The central bank has managed investment of the kingdom's foreign currency reserves until now, much of it in US Treasury bonds.
A wave of protests at oil facilities has reduced the North African country’s oil output to less than 200,000 barrels a day down from 1.4 million bpd in July before the strikes started.
On Tuesday, King Abdullah called for a “Friends of Egypt” conference, which would raise funds for the country to weather its current economic crisis.
“After spending a week in Saudi Arabia, they can go to Oman, Bahrain, or the UAE with the same visa."
The beach resort will include a 295-room low-rise hotel in addition to a spa, meeting rooms and 11 villas.
June 5, 2014
The ministry has also banned companies from publishing photos of scholars on their print advertising campaigns to lure potential Hajis (pilgrims) to sign up with them, Makkah daily reported.
Saudi Embassy in Egypt announced that it has decided to start issuing visas to visit the Kingdom through three regulatory stages, reported the Saudi Press Agency on Wednesday.
After months of a construction freeze over the green line, the Ministry of Construction and Housing has published tenders for 1,500 new homes in Judea, Samaria and Jerusalem.
Harper described Jordan’s response to the refugee challenges as a “model” for the entire world.
Apple’s new smartphones are among the awaited devices in the market, and despite the US company’s notorious secrecy, the internet is awash with rumours about its next generation smartphone, the iPhone 6.
Workers will be restricted from carrying out any work under direct sunlight from 12.30 pm to 3pm during this period
June 4, 2014
The federation established the fund at a minimum value of $1bn in its first phase, which will increase to $5bn throughout coming phases.
Commercial shipping lines between Egypt and Jordan are not sufficient for developing and increasing the volume of commercial trade, said Mohammad Abdullah.
Former chief executive executive, Amer Hadidi, stepped down in April after losses continued to hurt the airline, said Al Majali.
June 3, 2014
The UAE has attracted more professional talent as a percentage of its workforce than countries such as Canada, Brazil, Switzerland, Saudi Arabia, South Africa, India, Singapore and Australia.