Saudi Arabi plans to spend $91 billion to integrate refineries with petrochemcial units and expand plants over the next decade.
The one-trillion dollar cash pile, which only relates to companies rated by Moody’s, is predominantly held by cash-rich sectors like automotives, oil and gas and utilities.
On-demand streaming has surpassed traditional TV viewing in the UAE, according to a new report by technology firm Ericsson.
Technological shifts will give rise to the “Supertasker” using four devices, and change the way workers and businesses view remote working according to the 2014 Cisco Connected World Technology Report.
The recent oil price collapse may bring on a recession for the UAE in 2015.
Halal tourism now represents 13% of the global market and will be showcased at the World Islamic Travel Summit in Abu Dhabi next year.
Egypt signed contracts for 240,000 tonnes of French wheat and 60,000 tonnes of Russian wheat, at an average price of $273.94 per tonne to be delivered in January, the minister of supply and internal trade, Khaled Hanafi, said Sunday.
Microsoft has parternered with Du to offer a direct operator billing facility that will avoid the need for customers to use their credit cards online.
Up to 86.5 per cent of employees in the Middle East and North Africa (MENA) region say they continue working even during holidays, according to a new survey by job site Bayt.com.
Oman Air won the title of World´s Leading Airline for Economy Class in 2014 in a ceremony in Anguilla.
Foreign expatriates residing in the GCC states should be allowed to travel within the six Gulf nations without requiring visas, a senior official has said.
Hint: it's not the iphone 6
The amount is equal to Syria’s GDP in 2007, according to the World Bank.
December 21, 2014
The declining oil prices are positive for the Egyptian economy, according to a statement issued by Egypt’s Citadel (Qalaa) Holding on Thursday.
The U.N. General Assembly Friday asked Israel to pay Lebanon $856.4 million as compensation for the oil slick the Jewish state caused during the July 2006 war.