May 13, 2014
The Shoura Council directed on Monday the General Organization for Saudi Arabian Airlines (Saudia) to present a time-bound plan to Saudize the posts of pilots at the national flag carrier.
The head of the committee, Ezzat Khamis, said its decision was based on the investigations of security and executive bodies.
"When we discussed with Jordanian authorities how public money should be spent, we proposed more expenditure on health and education, and less on energy subsidies,” Lagarde explained.
The profitability of Qatari banks will likely remain strong over the next 12 months,
May 12, 2014
“The increased frequency will give our customers greater flexibility in their travel plans allowing them to connect to other flights on Emirates’ extensive global network.”
“We have been planning for this day for a long time and May 27 will be a momentous day for both the State of Qatar and Qatar Airways."
With security holding and travel bans lifting, many Lebanese are hoping this summer could see a revival of the country’s vital tourism sector, which just received another small boost from an unlikely source: The Huffington Post.
Kuwait wants to burn LNG instead of resorting to diesel and crude oil, which have higher harmful emissions, KPC added.
The government said last week that gifted fuel from Gulf nations including Saudi Arabia that supported Mursi’s ouster last July totalled $6bn.
The minister pointed out that by the end of April 60% of the first stimulus package projects, which started in November, was completed.
El-Araby stressed that the private sector “has always been and will continue to be the main player in the Egyptian economy.”
Kuwait Stock Exchange (KSE) ended last week in the red zone
May 11, 2014
Dubai’s bourse has outpaced other Gulf markets by a wide margin in terms of companies’ first-quarter profit growth,
Russia has agreed to build the Rasht-Astara railway which stretches 167 kilometers in northwestern part of Iran.
Iran's deputy oil minister for petrochemicals, said "nothing has changed compared with last year" in terms of petrochemical sales to the EU.