"The third quarter estimate also included a reduced assumption for natural gas sales in Israel as a result of the ongoing conflict."
Boeing has struck a deal with Iran Air to provide plane parts, the first time the US firm will be doing business with Iran since the US embargo of 1979.
July 27, 2014
"The nationalisation of the canal ushered in a process of regaining control over the economic and political keys to national self-determination."
In the past, Eid has meant an increase in customer numbers for the hotels in Bahrain classified as three-star.
Abboud noted that the airlines’ activity will remain this way until Sept. 10, expressing optimism for a great tourism season in August.
The carrier currently flies to more country destinations than any other company in the world.
But expatriates and an analyst said they find Amman “a city that gets more and more expensive every year”.
If Exxon presses ahead, the investment would be a further indication that the American oil giant is breaking ranks with many of its big global rivals.
July 24, 2014
Good news in time for Eid! Dubai International's passenger traffic has already topped expectations and is up by 6.2 percent in the first half of 2014.
The UAE's largest bank, Emirates NBD, reported a net profit growth of 30 percent for the first half of the year.
Major retailer Majid Al Futtaim reported a 14 percent increase in revenue for the first half of the year, compared to 2013.
Kuwait's largest privately owned investment company said it was on track to meet the target of a double-digit rise in revenue this year.
Low-cost airline flydubai announced a direct route to India's Mumbai, starting in late October. The carrier will also increase its flights to Delhi to five weekly.
The Tourism Ministry said Tuesday the number of Arab tourists increased by 90 percent in June, compared with the previous year.
General cargo moving through Abu Dhabi’s commercial ports increased by 37 per cent this year.