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2 تموز/يوليو 2014

The new complex will create significant value to Ma’aden shareholders.
19:42 بتوقيت جرينتش

The estimated cost of the project is approximately SR28 billion ($7.5 billion), and production at the new facility is expected to commence in late 2016.

An estimated 20 million visitors are expected to attend Expo 2015, of which 7.6 million will travel to Milan by air, the two airlines said in a joint statement.
15:23 بتوقيت جرينتش

Etihad Airways and Italy’s Alitalia have been named as the Official Global Airline Carriers for Expo 2015 in Milan.

The new route departs Doha at 8.10am and arrives in Dallas the same day at 3.35pm.
14:54 بتوقيت جرينتش

Airline begins daily services to Dallas, Texas, from Hamad International Airport

A similar visa policy is already in place for nationals from 38 countries, and once implemented, it will be available to 102 countries in total, EDB stated. The new policy was presented in a cabinet meeting earlier this week by Crown Prince Salman bin Hamad Al Khalifa, Bahrain’s first deputy PM and chairman of the EDB.
14:38 بتوقيت جرينتش

Bahrain is mulling the implementation of a new visa policy, under which nationals from 64 countries will be provided a one-month visa on arrival.

A preliminary Reuters poll estimated a decline of 2.3 million barrels.
04:55 بتوقيت جرينتش

Brent oil held steady above $112 per barrel as upbeat manufacturing data in China pointed to demand growth while conflicts in Iraq and Ukraine continued to underpin supply concerns.

1 تموز/يوليو 2014

There are 204 domestic Haj companies serving the local pilgrims. Around 60 percent of them transport their pilgrims on Saudia's domestic flights.
15:56 بتوقيت جرينتش

Saudia had refused to respond to the requests of the domestic Haj companies for meetings to discuss the problems they had been experiencing," he said.

Fast-growing Middle East airlines such as Qatar and Emirates have said that European governments were seeking to restrict fair competition by giving airlines based closer to home preference when awarding airport slots.
13:31 بتوقيت جرينتش

"If they (European airport slots) are limited further, we will stop buying European aircraft. We have 186 orders at Airbus. What impact would that have on German jobs?"

The finance minister said the budget would push debt down from 94% of GDP, registered in the FY 2013/2014 budget, to around 90% of GDP
11:23 بتوقيت جرينتش

“The wages system in Egypt is closer to randomness than to being organised,” the minister said, adding that “a project for income law will be submitted to the cabinet during the coming period.”

Activity in Qatar's construction sector soared 19.6 per cent from a year ago in January-March, faster than a 13.6 per cent rise in the whole last year,
04:55 بتوقيت جرينتش

An expansion of Qatar's gas facilities helped fuel breakneck GDP growth averaging 17 per cent a year between 2006 and 2011.

S&P noted that hydrocarbon revenues constitute almost 46 per cent of nominal GDP and three-quarters of total exports of the six GCC nations.
04:55 بتوقيت جرينتش

Increasing dependence of the GCC states on oil revenues poses a rising credit risk, a new survey by S&P says.

Accommodation at five-star hotels skyrockets to anywhere between SR31,000 to SR40,000 for a 10-day period near the end of Ramadan.
04:55 بتوقيت جرينتش

Travel operators in Riyadh will increase the prices of weekend Umrah packages from SR90 ($23) per head to SR160 ($42) from Wednesday thanks to the influx of pilgrims during Ramadan.

The Iranian carmaker Iran Khodro has resumed automobiles exports to Russia, which it halted in 2009 when Russia adopted stricter Euro-4 emission standards.
01:55 بتوقيت جرينتش

The resumption of car exports to Russia comes at a time of greater openness to trade with Iran in the wake of an interim nuclear deal.

30 حزيران/يونيو 2014

After swinging wildly this month in response to Arabtec’s gyrations, the Dubai index is down 22 percent from its multi-year peak in mid-May
14:09 بتوقيت جرينتش

The collapse marks a continuation of the builder’s downward trend on the Dubai bourse

He added that comparative studies about plans implemented in other countries should be made, but Iran’s domestic capacities and necessities should not be ignored as a result of these studies.
13:59 بتوقيت جرينتش

The government views the revival of the lake as a criterion for simultaneously reviving other bodies of water in the country, he added.

Meanwhile, Israeli manufacturers see further expansion of their overseas activity.
04:55 بتوقيت جرينتش

Monthly analysis by the economic division of the Israel Manufacturers Association presents worrying figures showing a continued decline in Israel's industrial exports