Main headlines

September 29, 2014

Traders in the black market told Sudan Tribune they expect the dollar price to decrease to 8 SDG.
13:03 GMT

Sayed Ali Zaki, an economist, for his part said the decrease in exchange rate is due to NISS's campaign against black market traders, as well as reduced Forex demand.

The UAE’s Ministry of Health has announced a price reduction for around 422 innovative and produced drugs, as part of its initiative to stem the surging cost of medicines in the country.
12:54 GMT

In an effort to control the rising drug costs, authorities have been slashing medicine prices for the past three years

“It’s a huge market, almost 500,000 smartphones a month are sold out here so getting a share of that is really our first focus point,” he said.
12:29 GMT

He was not coy, however, in suggesting what his former Apple compatriot Steve Jobs would think of the Obi Mobile devices. “Steve being Steve would say, you can do alot better,” he said.

What is really alarming is the fact that currently 63 percent of Saudi students are enrolled in majors unsuitable for the needs of the labor market.
04:55 GMT

Only nine percent of high school graduates have taken up technical and vocational programs in the Kingdom compared with 41 percent in OECD member countries and 37 percent in Turkey

September 28, 2014

As per the deal, these companies will manufacture, supply and implement a feeder line project in the capital from the water tanks to three different locations within the city.
19:09 GMT

The Saudi government has awarded a contract worth more than SR1.4 billion ($373 million) to three local companies for a major water project in the capital Riyadh.

Since the beginning of 2014 and up until August, the year-to-date passenger traffic surged by 12.1 per cent to 4.93 million.
18:31 GMT

"This is the first time in QAIA history that we exceed such a benchmark, and we eagerly look forward to reaching even greater heights in the future," he added.

Its Egyptian project is seen as part of economic and political support of Egypt by the United Arab Emirates.
17:07 GMT

The project would not only mark a huge expansion of Arabtec’s business but also boost Egypt’s struggling economy and help to resolve a housing shortage that has become a major source of political discontent.

“Thieves lie in wait and observe their victims upon leaving the bank until they get into their car."
05:55 GMT

An analytical study conducted by the Abu Dhabi Police has revealed multiple professional plans to rob bank customers after they finish their financial transactions.

The Japanese firm kicked off its UAE expansion, with the recent opening of a new stand at Emirates Towers in Dubai.
05:55 GMT

400% growth posted so far in 2014; Qatar, Kuwait being eyed.

Most of the retailers have gone out of supply as Apple fans queued for the midnight release of the iPhone 6 at major malls in the UAE overnight on Friday.
05:55 GMT

"Our units were completely sold out in 45 minutes and the next consignment will come in three to four days time,”

Airlines will also need to certify their planes aren't affected by transmission signals before allowing devices to be used.
04:55 GMT

"Basically we are saying you can have it switched on, and it's up to the airline first to allow you," Maragakis said.

September 25, 2014

Apple is facing claims that its new thinner iPhones can bend out of shape in the pocket.
00:05 GMT

Pictures and videos of warped and damaged iPhones swept the Internet as hundreds of users realised their new smartphones were ruined.

Saudi Arabia sent Egypt $3 billion worth of refined oil products from April up to the first week of this month, an official from Egypt’s state oil company told Reuters on Thursday.
23:51 GMT

The petroleum aid has not, however, managed to noticeably ease Egypt’s energy frequent power cuts, even in upscale areas.

The Central Bureau of Statistics predicts only 2% growth in 2014, compared with 3.2% in 2013, based on preliminary figures for January-August 2014.
20:49 GMT

The effect of Operation Protective Edge on tourism is also being felt,

The round-the-world tour is expected to take 25 flying days over a period of four to five months.
16:03 GMT

The goal is to promote technological values together to preserve the planet’s resources, in a bid to encourage political leaders and organisations to adopt cleaner and more efficient technologies.