January 22, 2014
And this year’s Annual Meeting will flag up a new urgency because it is not a time for inaction.
The two-way trade grew by 5.3 percent in the first ten months of 2013 in comparison to the corresponding time last year.
January 21, 2014
The UAE recently signed a Memorandum of Understanding (MoU) with Denmark to develop nine initiatives to advance renewable energy and global sustainability.
Saudi healthcare prices are expected to rise by 30 percent in 2014.
Local and international firms have begun to submit their bid applications for contracts for the Mecca Metro project.
Hyundai automobiles posted record sales in the Middle East in 2013.
Asserting that gas is going to be the basic source of energy for this century, Adeli, an eminent economist, said there was no reason why countries should decrease investments in conventional energy sources.
January 20, 2014
The "Financial Times" reports that Dutch and Scandinavian pension funds are considering divesting from Israeli banks.
Lying about five kilometres (3.1 miles) off mainland Dubai in the Gulf, it will feature classic Italian, Spanish and German architecture as well as landscaped gardens and streets that in some cases will be lined with artificial snow, the company said.
Kuwait’s commerce ministry has launched an investigation into reports that Israeli potatoes were being sold in cooperative societies.
Renault Middle East reported that its sales in the GCC increased 19 percent in 2013, maintaining its status as the number one European brand in Saudi Arabia and Oman.
California-based IHOP opened its first Saudi Arabia branch in Jeddah this week.
The Cost of Living Report (CLR) noted that in a like-for-like comparison of seven measures, Qatar came out the most expensive overall, followed by the UAE, Saudi Arabia, Bahrain, Oman and Kuwait.
The British companies say they will return to Iranian projects once the sanctions imposed on the country's oil and gas sector are completely lifted.
The cash-strapped North African kingdom is under pressure from the International Monetary Fund (IMF) and the World Bank to cut spending and reform subsidies