Main headlines

18 كانون الثاني/يناير 2015

Abe said the Middle East is very important to Japan, which provides support to the region’s stability, especially its war against terrorism and extremism.
08:40 بتوقيت جرينتش

The financial aid will include other sectors such as infrastructure and technology, part of a total aid package for the Middle East amounting to $2.5bn.

The plant should come on line in April 2017, helping to achieve a reduction of 250,000 tonnes of carbon emissions annually, the company said.
04:55 بتوقيت جرينتش

The Gulf region is one of the world's richest areas in sunshine, but its countries are way behind others in harnessing the energy

"There should be a wide range of penalties to use (against employers) including financial penalties and criminal sentences."
04:55 بتوقيت جرينتش

Qatar is considering imposing penalties against firms that fail to pay migrant workers on time, one of the biggest complaints voiced by rights groups against companies in the Gulf state.

The oil price "could fall to $25," said Vagit Alekperov, the chief executive of the private oil producer, quoted by RIA Novosti.
04:55 بتوقيت جرينتش

Russian oil company Lukoil on Friday predicted that oil prices, which have more than halved since June last year, could plunge as low as $25 per barrel.

17 كانون الثاني/يناير 2015

“Iran’s trade delegations have launched attempts to introduce investment opportunities of Iran to the other countries,” Moqimi asserted.
04:55 بتوقيت جرينتش

Mohammad Reza Bahraman who was speaking in a press conference on Tuesday said that $00bn of the total figure had been defined for projects in oil and gas sector.

Iraq, the second-biggest member of the Organization of Petroleum Exporting Countries, is using $60 in its budget.
04:55 بتوقيت جرينتش

Iran, its oil exports curbed by sanctions, is lowering the crude price for this year’s budget to $40 a barrel as the energy slump affects governments and industry.

The İstanbul 4th Administrative Court, on Dec. 13, 2013, ordered the destruction of a number of floors of 16:9, then still under construction.
04:55 بتوقيت جرينتش

Meanwhile, an İstanbul court ruled in November of last year to halt the construction of a number of buildings in the coastal area of İstanbul's Ataköy neighborhood

15 كانون الثاني/يناير 2015

Moreover, it is costing employers money because they have to cover the expenses of unnecessary health checkups.
04:55 بتوقيت جرينتش

Forty-two percent of health institutes issue sick notes for employees who are not really ill.

Prices have slumped almost 60 percent since June. Brent crude, a benchmark for international oils, was down another 82 cents to $47 a barrel in London on Wednesday.
04:55 بتوقيت جرينتش

Shell, Europe's largest oil producer, and Qatar Petroleum say they are scrapping a planned petrochemicals project in the Gulf nation amid falling energy prices.

Nasdaq Dubai said on Wednesday flydubai listed its $500 million (Dh1.8 billion) sukuk on its exchange.
04:55 بتوقيت جرينتش

This is the 18th Sukuk to have listed on Nasdaq Dubai since the beginning of 2014, supporting Dubai’s rapid expansion as the global capital of the Islamic Economy.

14 كانون الثاني/يناير 2015

Airbus was dealt a blow in June when Emirates canceled an order for 70 A350s.
20:07 بتوقيت جرينتش

Airbus clung to the top spot in commercial plane orders by confirming it outsold Boeing last year.

Last year, Jeddah’s KAIA was ranked the world’s worst airport by a website called A Guide to Sleeping In Airports.
14:04 بتوقيت جرينتش

Saudi Arabia’s plans of privatisation come amidst a flurry of negative feedback it received about one of its airports.

Half of Egypt's population lives in informal slum areas, according to statements from urban development and slum areas.
13:53 بتوقيت جرينتش

Consecutive Egyptian governments have vowed to develop the informal areas where millions of Egyptians live without basic services such as clean water and sewage.

Brent crude traded below $49 after analysts at Goldman Sachs cut their average forecast for the benchmark in 2015 to $50.40 a barrel from $83.75.
04:55 بتوقيت جرينتش

Gulf stock markets ran out of steam on Monday after several strong sessions as oil prices fell by more than $1 a barrel.

The minister previously announced that the issuance of the bonds will occur during the first quarter of 2015.
04:55 بتوقيت جرينتش

The collection of $1.5bn through the issuance of international bonds is expected by April.