January 7, 2014
Janet Yellen has been the vice chair of the Fed’s Board of Governors since 2010 and will take over from Ben Bernanke when his second four-year term as Chairman of the Federal Reserve ends on 31 January 2014.
Gegenheimer, who took on the role of group CEO in December 2012, said that 2013 was a year of transformation and resilience for the company.
Saudi Arabia announced a new welfare program for its citizens this week for "deserving" citizen applicants able to receive unemployment insurance and housing loans.
Passenger numbers surge 16% as nearly 12 million people flew with the airline.
The winner of the bidding process will be announced by mid-2014
“We believe it is our right to try to increase our exports,” Zanganeh said.
January 6, 2014
“2013 was a very good year for the housing sector,” Awamleh said, adding that prices of residential properties remained stable during the year.
According to QTA, there are currently 81 hotels in Qatar with 110 under construction. Upon completion, they are expected to add around 18,931 rooms to the hospitality sector, which is expected to boost job creation.
Emirates took a bold and risky move when ordering the world’s largest ever commercial airplane, the airline’s president Tim Clark has said.
Jazeera Airways ranked first in the Middle East in on-time performance for its flights in late 2013.
Saudi Arabia is home to the oldest and largest printing market in the Gulf...and it is still growing! Recent reports show that KSA's printing is growing 8 percent per annum and already has a net worth of $800 million.
Egypt stocks are continuing to rise since Fitch ratings upgraded the country's economic outlook.
The UAE will allow issuance of warrants, a financial instrument that entitles the holder to buy the underlying stock of the issuing firm.
Dubai and Abu Dhabi stock markets traded in opposite directions on Sunday due to lack of activity.
On a similar note, the UAE, China, India, South Korea, and Turkey were the leading exporters of non-oil products to Iran.