March 16, 2014
Sotheby's and Art Dubai are hoping to woo more MENA investors to the art market this month with the annual art showcase set for the UAE and the announcement this week from Sotheby's that Damien Hirst's "Tranquility" will be auctioned in Doha in late April.
MENA's upstream oil transactions increased in both quantity and value in 2013.
Kuwait witnessed a steady 8 per cent growth in its bank credit in January mainly driven by the household borrowing despite a third consecutive month of declining business credit.
Dubai has announced two more massive road projects providing easy access to International City and the Bluewaters Island — a new tourist attraction off the cost of Jumeirah Beach Residence (JBR).
If adopted, the legislation would supercede a voluntary system of standardization created in 2010, following an agreement among phone producers including Nokia, Sony Ericsson and Samsung.
Emaar, Dubai's biggest listed real estate developer, did not specify the stock exchange on which the shares in its unit would be listed, and gave no timetable.
Abdel-Aziz said that stocks under LE5 ($0.72) per share made up almost 60 percent of the market's turnover.
March 13, 2014
The number of passengers at Rafik Hariri International Airport declined 7 percent in February 2014 compared with the same month of 2013,
Singapore is boosting its efforts to woo Saudi tourists to its island city location.
Iran's crude oil output increased by 49,700 barrels per day in February compared to the previous month.
UAE's stock markets plunged again this week, but Dubai's index still remains as one of the top 10 performers globally.
In order to cater to around 25 million visitors who are expected at the Expo 2020, Dubai needs to produce more electricity, and reduce energy loss.
Iran and Oman have signed an energy deal in which Tehran will provide Muscat with 10 billion cubic meters of natural gas per year.
An increased budget deficit plus a rising inflation rate are key challenges facing Bahrain
Jordanian officials met with EU counterparts Wednesday to discuss a 180 million euro deal.