August 25, 2013
Emerging must develop tools to control credit flows or risk relinquishing any independent monetary policy, a study shows.
McDonald’s franchisee for the western and the southern regions of Saudi Arabia, has opened three new restaurants – one in each of Jeddah, Jizan and Mahyel Aseer
“We want our money [back], we are going hungry. We have too many problems. We have to pay our rent, everything else,” said an Indian resident who invested $78,800.
Any pullback should be determined by the strength of individual economies, said Christine Lagarde.
August 23, 2013
UAE is the fourth most expensive country for foreigners to study and live in, according to the latest research by HSBC.
Abu Dhabi and Dubai indices ended the week in positive territory compared to last week, when both closed lower.
August 22, 2013
The water features were specially designed to convey the message of Constitution Gardens, which aim to tell the story of the state of Kuwait before and after its formation.
ODB, which had a net loan portfolio of 100 million rials ($260 million) as of August 2012, already offers interest-free loans of up to 5,000 rials but they are technically not sharia-compliant.
The drop was attributed to a decline in the number of tourists seeking therapeutic services in the past few months and the drop of tourists in general in July, 2013.
August 21, 2013
"Is someone playing foul? I do not know. But this is strange.”
With every one in seven people in the world using Facebook, its CEO Mark Zuckerberg said that the project will be good for the world rather than something that is going to be really amazing for their profits.
The program comes in the framework of the Programme for the Support for Partnership, reforms and Inclusive Growth (SPRING).
The Central Bank of Iran has announced that the inflation rate for the 12-month period ended the fourth Iranian calendar month of Tir (July 22, 2013) compared to the same period in the previous year hit 37.5 percent.
"Kuwaitization" was created by the government a few years ago to encourage Kuwaitis to work in the private sector as there were no available vacancies in the public sector for fresh graduates
General Motors, Electrolux, Shell and BASF returned to business in Egypt