September 23, 2013
Iraq is exporting black oil to Russia through the Iranian port of Anzali in the Caspian Sea, Gilan Province Port Management Head Farhad Montaser Kuhsari said today.
The volume of consumer loans given by Saudi local banks rose by 22 percent to reach SR321 billion in the second quarter of the current year compared to the same period last year.
The number of tourists to Lebanon dropped by 10 percent in the first eight months of 2013 compared to the same period last year, with European visitors topping the list ahead of Arabs for the first time in years.
The economic growth of Gulf Cooperation Council (GCC) countries is expected to slow down to 4 per cent this year, according to Euler Hermes.
the UAE presents the second largest ICT market in the GCC region after Saudi Arabia in terms of capital and volume of spending.
A typical organisation loses five per cent of its revenues to fraud each year which roughly translates to a global fraud loss of more than $3.5 trillion.
September 22, 2013
In a disclosure sent last week to the Amman Stock Exchange, APC Acting General Manager William Flahr announced that operations for the foreseeable future will be at approximately 20 per cent of total production capacity.
Sudan has been under the US blacklist of states sponsoring terrorism since 1993 on allegations of harbouring Islamist militants despite reports of Sudan being a cooperative intelligence partner of Washington in the "war on terror".
Royal Dutch Shell has restarted production at Iraq's Majnoon oil field, one of four giant fields core to the country's plans to boost output and avoid a slowdown in exports this year.
The 40.01 million sales milestone marks another historic figure.
Employment growth was relatively steady, in particular among Kuwaiti nationals and skilled expats. The latter two groups are crucial to the consumption sector, said the NBK in its report.
Dubai has been beefing up laws to better regulate its real estate sector as the market recovers from a crash in 2009.
"Despite the troubles, the belief was, things should carry on as normal.:
September 19, 2013
Zarubezhneftegaz Company of Russia has announced readiness to develop a newly discovered gas field in Iran.
Commercial activity across Lebanon has declined by between 15 and 70 percent, parliamentarians said Wednesday, warning that the decrease in trade was forcing many businesses to close.