Main headlines

1 شباط/فبراير 2015

A government pricing committee meets monthly to adjust prices in a manner that corresponds to changes in oil prices on the international market.
18:25 بتوقيت جرينتش

The government on Saturday lowered the prices of main fuel products for February by nearly 11 per cent as a reflection of the fall in international oil prices.

Israel continues to have one of the world's worst ratings for real estate - 121st place for obtaining building permits.
18:12 بتوقيت جرينتش

Israel's worst downgrade was in setting up a business, in which its rating went down eight places to 53rd place

He said that the companies consist of 27 huge companies, 76 large companies, 31 medium companies, and 31 companies of other sizes.
11:05 بتوقيت جرينتش

Iran has transferred 38.048 trillion rials (about $1.102 billion) worth of shares of state-run companies to the private sector during the first ten months of current Iranian calendar year.

The turmoil has left unemployment very high in both areas, 19 percent in the West Bank and 41 percent in Gaza.
08:55 بتوقيت جرينتش

The Israeli attacks on Gaza drove the Palestinian economy of Gaza and the West Bank into its first contraction since 2006, the International Monetary Fund said Thursday.


The Organization of the Petroleum Exporting Countries at a November meeting decided to focus on market share rather than cutting output,
07:55 بتوقيت جرينتش

Opec's oil supply has risen this month due to more Angolan exports and steady to higher output in Saudi Arabia and other Gulf producers.

Students of higher education, both in the Kingdom and abroad, will also receive two bonus stipends as will social security beneficiaries and the disabled.
06:55 بتوقيت جرينتش

King Salman ordered give two months’ salaries to all government employees will be processed and the money dispersed in three weeks.

In November, Baker took a swipe at legacy carriers, accusing them of being "inefficient" and protected by EU policies.
04:55 بتوقيت جرينتش

Qatar Airways on Friday said it had purchased almost 10 percent of IAG, parent of British Airways and Spanish carrier Iberia.

He merged the Education Ministry and Higher Education Ministry and replaced Justice Minister Mohammed al-Issa,
04:55 بتوقيت جرينتش

Saudi Arabia's new King Salman ordered a cabinet reshuffle on Thursday but kept in place veteran Oil Minister Ali al-Naimi, Finance Minister Ibrahim Alassaf.

30 كانون الثاني/يناير 2015

GCAA said that the rules will cover both commercial and corporate use of drones in the country.Unauthorized drones in Dubai’s airspace temporarily halted air traffic for 55 minutes on Friday.
16:56 بتوقيت جرينتش

The UAE currently uses drones for official purposes such as to deliver documents and packages to its citizens as part of its efforts to upgrade government services.

29 كانون الثاني/يناير 2015

The supermarkets are using signs to direct people to the right cashier and inform them about the rule set by the municipality. (Source: Gulf News)
16:19 بتوقيت جرينتش

Dubai Municipality has asked supermarkets to provide one cashier specifically made for purchasing these foods due to several complaints made by Muslims in the UAE.

Earlier Wednesday, sacked employees staged a protest outside the casino premises in Maameltein north of Beirut.
16:11 بتوقيت جرينتش

Casino du Liban’s board of directors is reassessing its decision to lay off 191 employees.

But revenue growth was the weakest since the start of 2013, and spending rose faster.
16:05 بتوقيت جرينتش

Facebook posted a fourth-quarter revenue of $3.85 billion up 49 per cent from $2.59 billion in the year-ago period.

Analysts said the outlook remained weak, especially with demand slowing in China.
15:31 بتوقيت جرينتش

Oil remained weak in Asia on Thursday after data showing record US stockpiles sent prices tumbling to the lowest level in nearly six years.

Shell is one of the main major oil companies operating in south of Iraq, operating the Majnoon oilfield and leading the Basra Gas Company joint venture.
05:55 بتوقيت جرينتش

Royal Dutch Shell has signed a deal with Iraq worth $11 billion to build a petrochemicals plant in the southern oil hub of Basra.

The jobs will span the entire spectrum of the Abu Dhabi-based airline’s operations.
04:55 بتوقيت جرينتش

Etihad Airways will offer jobs to more than 6,000 UAE nationals over the next five years as part of its UAE national development strategy, the airline said.