July 22, 2014
Shocks to the system from Ukraine and Israel’s ground invasion of Gaza come at a time when markets have been worried about economic growth on both sides of the Atlantic and digesting second-quarter earnings reports.
Debate over the maximum has been ongoing for the past several years with speculations on the exclusion of several sectors riding during the past several months.
July 21, 2014
Dubai Municipality has announced plans to make parks in the emirate more disabled-friendly by 2016.
Saudis pay the cheapest electricity bills, according to one report, but seemingly not for long.
“Houses and farms are still being maintained and have been registered via official documents since the Saudi Embassy had been established in Damascus,” he said.
Arabtec was suspended from trade on Thursday due to ambiguity on share ownership by Aabar Investments.
The official figures showed that unemployment among males who hold a bachelor’s degree or higher reached 20.8 per cent, while among university graduate females it was nearly 82 per cent.
The head of one of the world’s largest airlines has called for an international meeting of carriers to agree a response to the downing of a Malaysian airliner,
“The Central Bank of Cyprus announces that, under the powers conferred to it by the relevant legislation, [it] has taken over, as of today, the management of the operations of the branch of FBME Bank Ltd. in Cyprus."
The Ministry of Municipal and Rural Affairs has criticized the Saudization scheme of replacing expatriate employees with Saudi nationals, which has resulted in a shortage of experts in many positions.
July 20, 2014
The Kuwait- and Dubai-listed company said the results were due to increased occupancy rates in recently completed residential developments and strong rental yields.
Dubai One, the Dubai government-owned English-language television channel, confirmed on Friday it is no longer producing content locally.
Sabic, which is 70 per cent state-owned, attributed the rise in profits to higher production and sales volumes as well as higher prices for products.
The flow of traffic on the busiest highway in Dubai will not be impacted and the number of lanes will be kept the same, the RTA has said.
"The contract is worth about 1 billion euros and was finalised last month," a French diplomatic source said. "It's the first big deal since we sold Mirage fighters (warplanes) about 20 years ago."