April 8, 2014
The upward pressure on Dubai’s residential rents continues to mount even as new homes are getting delivered in higher numbers, in the first three months of this year, rentals were up by 7 per cent over the fourth quarter of 2013.
Fun tidbit: It was built using more glass than any other Apple store
Two other oil terminals, Ras Lanuf and Sidra, would be returned to government control in two to four weeks.
April 7, 2014
Egypt aids are lifted by billions and billions of Gulf aid.
Iran’s oil minister has said Iran would exploit ‘every possibility’ to increase oil exports and would not wait for US permission.
The Education Ministry has issued strict directives to education departments to draft a plan to counter absenteeism among students, especially around holiday and examination periods.
The sources said Abu Hamzeh, husband of famed TV presenter Mona Abu Hamzeh, could remain in custody up to two months before his lawyers can get an order for his release on bail.
Oman Gas Company (OGC) on Sunday signed a memorandum of understanding (MoU) with both Salalah Free Zone (SFZ) and Port of Salalah (POS) for building a world class liquefied petroleum gas (LPG) processing plant at SFZ and the storages and export facilities at the port.
The aviation industry in the Middle East has experienced a commendable level of growth in recent years, with low cost carrier traffic doubling in the last five years, but local companies are still looking to build upon this success.
The value of gold traded through Dubai stood at $75 billion last year, representing 40 per cent of the world’s physical gold trade.
Sawiris then retweeted a post saying: "Like father like son… He pretends to be a socialist after the first 50 million," a clear reference to Heikal, who is widely believed to be living in London.
Ministry of Supply provides smart ration cards to citizens to meet their needs of bread and other commodities
April 6, 2014
Dubai become the biggest transit city for gold in the world last year.
While encouraging young Saudis to accept jobs at bakeries, Hamadah said they should not feel ashamed of working as bakers and added that anyone who wants to open a bakery will find complete support from his committee.
The volume of hospitality market in the Kingdom is expected to grow by 4 percent to $93billion (SR348 billion) in the next five years.