July 29, 2013
Mobile phone distributors and importers said Sunday that mobile imports dropped from $10 million per week to $1 million following the government’s increase of taxes imposed on cellular phones.
Jordan and the World Bank on Sunday signed a $150 million loan agreement to assist the Kingdom with the economic burdens put upon it by hosting hundreds of thousands of Syrian refugees.
Saudi Arabia’s agriculture and food sectors are expected to sustain a combined annual growth of 18.5 percent, driven by a rising population and strong consumer spending.
Qatar Tourism Authority announced that the tourism sector has realized a strong growth during the second quarter of this year compared to the corresponding period of the previous year.
Sudan's oil ministry has officially informed oil companies that the deadline for stopping flow of South Sudan's oil through its territories has been delayed until August 22.
Iran has built a new natural gas storage facility with a capacity to store 4.6 billion cubic meters of gas, the National Iranian Gas Company managing director stated.
July 28, 2013
An Iranian lawmaker says chances are high for the Islamic Republic to assume the presidency of the Organization of the Petroleum Exporting Countries.
Dubai is one of the top 10 destinations in the world in terms of travel and tourism for those coming for leisure, business or shopping purposes, revealed Genesis Consulting ME.
Iran plays an undeniably key role in global energy security.
Acting Assistant Undersecretary for Tourism Shaikh Khalid bin Hmood Al Khalifa chaired at the Bab Al Bahrain the tourism partners’ first meeting.
The increasing demand for steel in the UAE market will boost the industry by 25 per cent in 2013, Bharat Bhatia, the CEO and founder of Conares, a leading steel company, told Gulf News in a interview.
Oman posted a budget deficit of RO110.4mn for the first five months of 2013 against a surplus of RO1.58mn in the corresponding period of last yearز
The UAE Banks Federation has succeeded in laying down the regulations of appointing legal banking experts.
More than 100,000 private sector employees will soon receive RO325 as minimum salary for the month of July.
July 25, 2013
Sudan’s currency has fallen to a record low against the dollar on the black market since South Sudan started reducing cross-border oil flows in a row over alleged support for rebels, dealers said.