December 8, 2014
The UAE is the first Gulf Arab state to start building a nuclear power plant to generate energy.
"Such a drop is unprecedented," he said in a speech to parliament carried live on state television, noting that the government had been cautious in its forecasts.
Dr. Jason Furman, chairman of US President Barack Obama's Council of Economic Advisers, estimates that Israel will overtake the US in inequality.
Earlier this year, reports indicated that Lockheed Martin also held talks with the UAE government for a military deal worth $270 million.
December 7, 2014
Standard and Poor's has lowered the outlook for Saudi Arabia to stable from positive and Oman to negative on sliding oil prices.
The UAE is amongst the highest consumers of iron and steel products (1,309 kg per person), well above the global average of 240 kg per person,
The Qatar’s landmark hotel has been restored to its original 1982 glory as a new gigantic architectural building glorifying the past.
“What we do is to place the ultrasound in environmental conditions; that will enable us to either remove or alter parts of a tissue for therapeutic purposes,” he explained.
Qatar's improved "final offer" to buy London's landmark Canary Wharf office quarter has been rejected, its owner said Friday, seemingly putting an end to a deal.
Global oil prices slid further on Friday, with Brent on track for the first weekly close below $70 a barrel since 2010.
December 4, 2014
Some analysts expect prices to fall further after bearish comments from key OPEC members.
Lufthansa has cancelled 51 long-haul flights today in the latest 24-hour strike from pilots union Vereinigung Cockpit.
“The Saudis’ approach is that ‘we’ll step back and let Yemen see the consequences of their choice of the Houthis and eventually they’ll come to their senses’.
Egypt ranked 94th in this year’s report, which was released on 3 December, compared to the 114th place last year.
As recently as last month, the International Monetary Fund predicted Saudi Arabia would enjoy a fiscal surplus of 1.6 per cent of gross domestic product in 2015. Now, private economists are talking of a deficit of over 1 per cent..