October 1, 2014
The shale oil boom in the US began in 2008 and has increased US crude output by 60 percent
The launch, days before the annual haj pilgrimage, is timely. An estimated 1.4 million Muslim pilgrims are expected to arrive in the kingdom this year.
September 30, 2014
Markets are looking ahead to Fitch's announcement of Turkey's credit rating and economic outlook, which is due on Friday.
Gold fell on Monday as downward pressure from a strong dollar outweighed support from unrest in Hong Kong.
The recall of as many as 141,007 Toyota and Lexus cars has been initiated in the sultanate to install Smart Stop Technology.
A key differential factor in this period in that volatile producers in Africa and the Middle East experienced a spike in production.
The project will also include pedestrian crossing, bridge and separate lanes for motorbikes and pedestrians in addition to a tunnel, it added.
Egypt has struggled to curb its swelling budget deficit whilst meeting soaring energy demands, resulting in daily electricity cuts around the country of 86 million people.
September 29, 2014
Emirates NBD, one of the region’s leading banking groups, is now the largest issuer of conventional bonds on the region’s international exchange.
Mohammed Yousuf Naghi Motors confirmed a 51 percent surge in sales over the same six-month period in 2013
French oil company Total has been awarded a licence to explore for natural gas in the Nile Delta,
Sayed Ali Zaki, an economist, for his part said the decrease in exchange rate is due to NISS's campaign against black market traders, as well as reduced Forex demand.
In an effort to control the rising drug costs, authorities have been slashing medicine prices for the past three years
He was not coy, however, in suggesting what his former Apple compatriot Steve Jobs would think of the Obi Mobile devices. “Steve being Steve would say, you can do alot better,” he said.
Only nine percent of high school graduates have taken up technical and vocational programs in the Kingdom compared with 41 percent in OECD member countries and 37 percent in Turkey