October 12, 2014
As part of its bid the emirate has earmarked billions of dollars of infrastructure investment including an extension of the metro rail link, new hotels and roads.
At least one million vacancies must be created to tackle unemployment among Saudis and 300,000 jobs are needed annually to absorb new graduates entering the labor market,
October 10, 2014
With the World Cup just eight years away, the likelihood is that the market is only going to become bigger.
October 9, 2014
It was the sixth consecutive slip in the index, which FAO said was the longest period of continuous falls since the late 1990s.
The project will have 100 administrative and residential towers and 30 hotels, apart from the haj ministry headquarters, the haj secretariat, and the Madinah governor’s office.
The contract, which was initially agreed in December, has been under intense scrutiny for several months as negotiations between Paris and Riyadh over the deal have proved more complicated than first imagined.
In May of last year, the Central Bank of Turkey paid the country's final loan installment, freeing Ankara of IMF debts for the first time in 19 years.
Increased output and a sharp rise in new orders last month, however, appeared to suggest that confidence was beginning to return
October 8, 2014
Shares in Sodastream, the Israeli maker of fizzy drink machines, crashed in pre-market trading after the company reported dismal preliminary earnings for the third quarter.
Qatar backed Egypt with $7.5 billion in deposits during the presidency of the Muslim Brotherhood's Mohamed Morsi,
What is happening in oil markets represents “the impact of this tremendous surge in US oil production”
Goldman Sachs has been ordered to pay the Libyan Investment Authority (LIA) 200,000 pounds ($321,820) in legal costs as part of a lawsuit brought by the fund over $1 billion in trades that ended up worthless.
“It’s simply a funding source that historically Chevron would not have looked at, but they are spending a lot on developing LNG and offshore so are looking at monetizing some of their assets sooner than they normally would.”
Morocco is joining many other countries, as well as some U.S. states, in re-examining policies toward drugs and looking to some degree of legalization.
October 7, 2014
“China’s slowdown is gradual... It is slower but it’s not the bottom falling out of China’s growth,”