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The new Cayman GT4 is the first high-performance sports car belonging to the GT family that is based on the mid-engine coupes.
March 01, 2015 - 18:10 GMT
German sports car manufacturer Porsche will celebrate the world premiere of two extreme sports cars at the 2015 Geneva International Motor Show.
Yemen and Iran’s civil aviation authorities on Saturday signed an agreement to operate direct flights between both countries.
March 01, 2015 - 18:06 GMT
This is a move many in the region will see as another sign of Tehran’s growing influence in the Arabian Peninsula’s poorest country.
The general reserve of the government accounts for 60 percent of the total government reserves and deposits, allocations for government projects is 32 percent and government’s current account 8 percent.


March 01, 2015 - 17:50 GMT
The government’s reserves and deposits with the Saudi Arabian Monetary Agency (SAMA) dropped at the end of January to SR1.39 trillion ($ 37 billion), the lowest level in 21 months.


“Iran will of course not interfere in the services of the companies but we want what they present in the Iranian market to be in line with Iranian laws,” he added.
March 01, 2015 - 17:15 GMT
Iran said on Sunday that it is ready to cooperate with Google to facilitate its services in the Persian Gulf region.
Based on the nine-year-old study indicators, non-Bahraini workforce has so far cost the country BD3.089 billion ($8.14 billion).
March 01, 2015 - 12:11 GMT
The expatriate community costs Bahrain a total of BD344.292 million ($907 million) every year – a monthly average of BD28.910 million ($76.2 million), said a report.
However, withstanding a long period of oil prices below $60 per barrel might be problematic even for cash-rich Saudi Arabia
March 01, 2015 - 07:44 GMT
OPEC kingpin Saudi Arabia is feeling vindicated after a strategy of allowing oil to flood the market has begun to achieve what it was aiming for.
For all the turmoil in the financial markets, Erdoğan's tirades have won praise from a class of industrialists who have thrived on cheap borrowing costs and political stability over the past decade.
March 01, 2015 - 07:25 GMT
An already-fragile Turkish lira hit a historic low of 2.5280 against the US dollar on Friday following fresh verbal attacks from President Recep Tayyip Erdoğan.
Titled ‘For Everyone’, the campaign will start from March 1, 2015 and is expected to increase the levels of public engagement in the mega event.
March 01, 2015 - 04:55 GMT
Dubai has announced the launch of a massive campaign, consisting of art sculptures and paintings, to increase public awareness about the impact of hosting Expo 2020.
Damac said the rainforest would be ready by 2019 to coincide with Dubai’s hosting of Expo 2020. It will import many plant species and integrate them into the dome structure.
February 27, 2015 - 10:15 GMT
A Dubai developer plans to recreate a tropical rainforest under a dome in the desert sheikhdom, adding to a collection of spectacles that include an indoor ski slope and the world’s tallest building.
He added that the Israelis have even invited some European companies which pre-qualified in the off shore gas tender in Lebanon to participate in the new licensing oil round in the Golan Heights.
February 27, 2015 - 10:08 GMT
Israel intends to invite oil companies to bid for 10 oil blocks in the Golan Heights that are 60 kilometers away from the Lebanese border.
The canal, the fastest shipping route between Europe and Asia, earns Egypt around $5 billion per year, a vital source of hard currency in a country whose tourism and foreign investment have slumped
February 27, 2015 - 09:52 GMT
Egypt's military could help build an industrial hub around a new Suez Canal, the project's manager said, the first suggestion that the armed forces may play an important role in the huge investment venture planned alongside the new waterway.