December 14, 2014
In 19% of cases, civil servants caught accepting bribes were left uninvestigated, with another 41 % of investigations opened but not concluded, according to a World Bank statement issued Friday.
The European Union announced Friday the completion of a project to modernize Lebanon’s tax administration after nearly two years of cooperation between the French and Lebanese Finance departments.
December 12, 2014
Average salaries in the UAE for professional roles rose by just two per cent over the last 12 months.
December 11, 2014
The head of Dubai-based airline Emirates has reacted angrily to a suggestion by Airbus that it might stop making its A380 superjumbo airliner.
By investing tens of billions of dollars, the desert nation's output grew through the 1980s until it ironically became one of the world's largest wheat exporters.
Iranian President Hassan Rouhani has blamed unnamed countries of plotting to bring down crude prices.
Abdullah Abu Thunain, deputy minister for inspection and work environment development, said that the punitive measures were taken following raids carried out by inspectors
Constellation Hotels, part of the Qatar Holding investment vehicle, has reached an agreement with InterContinental Hotels Group to buy its iconic InterContinental Paris Le Grand hotel for €330 million ($405 million).
The European Union (EU) proposed a new trade agreement for countries participating in partnership agreements with Europe last week.
The International Monetary Fund on Tuesday said Iraq's oil-dependent economy was expected to contract much less than previously thought this year due to rising oil production.
December 10, 2014
Lawmakers on Wednesday recommended that the government shelve a planned natural gas deal with Israel following two long sessions dedicated to discussing the controversial issue.
That is higher than a poll conducted before the last election in January 2013, when 43 per cent cited economic issues and the cost of living as the biggest concern.
"We want everything to be absolutely perfect," chief executive Akbar al Baker said in June after postponing the delivery of 13 A380 super jumbo planes, eventually received in September.
The Dubai Health Authority’s (DHA) Medical Education Department, in association with Harvard Medical School, has granted 15 scholarships to DHA medical professionals.
Most stock markets in the Gulf fell sharply Tuesday after oil prices hit five-year lows, triggering a fresh wave of panic selling of shares by local retail investors