November 20, 2013
Qatar, which enjoys the “highest” sovereign ratings in the Middle East and “sound” external position, has the lowest break-even oil price in the Gulf region, according to global credit rating agency Moody’s.
Saudi Arabia met with UN representatives at this year's climate change conference to share best practices its green energy programs.
GCC investment interests in Egypt are rising ahead of a joint GCC-Egypt forum scheduled for early December.
UAE's Telecommunication and Regulatory Authority and Infocomm's Development Authority of Singapore (IDA) signed official agreements this week to strengthen their collaboration within the field of telecommunications and information and communications technology.
Dubai's real estate market has rebounded after the 2009 global financial crisis.
Saudi Arabia’s banks recorded a profitable first nine months of 2013.
Spurred on by events such as the FIFA World Cup, the Middle East will see over 1 trillion dollars in construction over the next twenty years.
“Employers in Qatar have displayed an appalling disregard for the basic human rights of migrant workers. Many are taking advantage of a permissive environment and lax enforcement of labour protections to exploit construction workers.”
Kuwait is pumping billions of dollars into projects to expand its oil production capacity to four million barrels per day from three mbpd within a strategy to maintain its position as one of the world’s largest crude exporters, a Kuwaiti official has said.
Atlantis Hotel, the flagship resort on the emirate’s Palm Island, and one utility provider are set to be sold by Dubai World’s investment arm, Istithmar, to raise cash ahead of a $5.5 billion repayment.
November 19, 2013
London Business School has won a $38 million (Dh140 million) contract to train top managers of the Kuwait Petroleum Corporation, the largest executive education programme in the school’s history.
The breakthrough glass, which comes in virtually any colour, is optimised for both photovoltaic modules, which use cells to convert solar radiation into electricity, as well as solar thermal collectors.
In contrast, sponsors have the power to prevent their workers from moving jobs, can block workers from leaving the country without needing to provide any justification and have the right to terminate a worker’s employment and have his or her residency permit cancelled by the authorities.
A Forbes study showed that showed that the UAE as the preferred location for global organizations to establish regional headquarters, with a massive 93 percent of companies favoring the nation as a base.
Qatar is set to step up its chemicals, petrochemicals and LPG output in the coming years, said HE the Minister for Energy and Industry, Dr Mohamed bin Saleh al-Sada.