Brent crude oil traded at a one-month low below $109 a barrel on Wednesday after a Libyan oilfield restarted and supply worries faded
Dubai’s Damac Properties has announced that it will be offering luxury cars to select property buyers as part of its Ramadan promotion.
Djibouti said it had started legal action against DP World, seeking to rescind the Dubai-owned port operator’s concession in Africa’s largest container terminal in a row over how the contract was awarded.
July 9, 2014
Boeing said the 777X will introduce the latest technologies including "the most advanced commercial engine ever".
The recruitment application of any Saudi who has a history of maltreating Filipino housemaids would never be accepted.
By the way: Dubai is still recovering from its 2009 debt crisis.
Iran transacted non-oil goods with 177 countries in the past Iranian calendar year.
July 8, 2014
The shekel has weakened against the dollar this morning, as the security situation in the south of Israel escalated overnight.
According to the Egyptian Ministry of Tourism, travel advisories issued for the Sinai Peninsula led tourism revenues to decrease in the first quarter of 2014 to $1.3bn.
Samsung Electronics’ earnings fell by almost a quarter in the three months to June, after the South Korean group was caught out by unexpectedly low demand for its smartphones in China and Europe.
Foreign reserves are now the lowest since the ouster of former president Mohamed Morsi in July 2013.
His Majesty King Abdullah’s visit to Mexico has laid down the basis of improved economic relations between the two countries.
Royal Dutch Shell is ending investments in a gas development project in Saudi Arabia, complicating the top oil exporter’s efforts to exploit its huge gas reserves.
July 7, 2014
"We have asked them to submit their bids for this project. We intend to sign the contract with the winning bidders in early October," he said.
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