Recent

A wave of back-to-the-city gentrification has seen property prices shoot up against a national trend of stagnation at best.
March 02, 2015 - 08:54 GMT
The acquisition is the latest in a string of eye-catching European purchases for Qatar, which already owns London department store Harrods and top French football club Paris Saint-Germain,
That’s the vision, but then the mobile industry has a history of over-promising what it actually delivers with each G.
March 02, 2015 - 08:23 GMT
But first they’ll have to decide what 5G needs to do that the current, fourth generation of wireless networks can never offer.
Turkish Central Bank Governor Erdem Basci sought to calm jittery investors, appearing to dismiss rumors that he would resign and giving a brief lift to the lira currency after it tumbled to a record low.
March 02, 2015 - 08:02 GMT
Turkish Central Bank Governor Erdem Basci sought to calm jittery investors, appearing to dismiss rumors that he would resign and giving a brief lift to the lira currency after it tumbled to a record low.
The Abu Dhabi company is led by a team of executives who worked at Emaar Properties, including Emaar's current chairman, Mohamed Alabbar.tra
March 02, 2015 - 04:55 GMT
The project will be privately funded by an "investor developer" and possible international partners and will cost $75 billion to $80 billion over 12 years.
The new Cayman GT4 is the first high-performance sports car belonging to the GT family that is based on the mid-engine coupes.
March 01, 2015 - 18:10 GMT
German sports car manufacturer Porsche will celebrate the world premiere of two extreme sports cars at the 2015 Geneva International Motor Show.
Yemen and Iran’s civil aviation authorities on Saturday signed an agreement to operate direct flights between both countries.
March 01, 2015 - 18:06 GMT
This is a move many in the region will see as another sign of Tehran’s growing influence in the Arabian Peninsula’s poorest country.
The general reserve of the government accounts for 60 percent of the total government reserves and deposits, allocations for government projects is 32 percent and government’s current account 8 percent.


March 01, 2015 - 17:50 GMT
The government’s reserves and deposits with the Saudi Arabian Monetary Agency (SAMA) dropped at the end of January to SR1.39 trillion ($ 37 billion), the lowest level in 21 months.


“Iran will of course not interfere in the services of the companies but we want what they present in the Iranian market to be in line with Iranian laws,” he added.
March 01, 2015 - 17:15 GMT
Iran said on Sunday that it is ready to cooperate with Google to facilitate its services in the Persian Gulf region.
Based on the nine-year-old study indicators, non-Bahraini workforce has so far cost the country BD3.089 billion ($8.14 billion).
March 01, 2015 - 12:11 GMT
The expatriate community costs Bahrain a total of BD344.292 million ($907 million) every year – a monthly average of BD28.910 million ($76.2 million), said a report.
However, withstanding a long period of oil prices below $60 per barrel might be problematic even for cash-rich Saudi Arabia
March 01, 2015 - 07:44 GMT
OPEC kingpin Saudi Arabia is feeling vindicated after a strategy of allowing oil to flood the market has begun to achieve what it was aiming for.
For all the turmoil in the financial markets, Erdoğan's tirades have won praise from a class of industrialists who have thrived on cheap borrowing costs and political stability over the past decade.
March 01, 2015 - 07:25 GMT
An already-fragile Turkish lira hit a historic low of 2.5280 against the US dollar on Friday following fresh verbal attacks from President Recep Tayyip Erdoğan.