June 3, 2014
The UAE has attracted more professional talent as a percentage of its workforce than countries such as Canada, Brazil, Switzerland, Saudi Arabia, South Africa, India, Singapore and Australia.
Egypt’s fiscal deficit is set to “remain firmly in double digits” with inflation easing in 2014, a Citibank report published in May has said.
The Haj Ministry has asked Saudis and expatriates wishing to perform low-cost Haj this year to register their names at its website, which has been created specially for this purpose.
This was among the few demonstrations worldwide, where a government-issued identity card has been used to enable financial transactions.
BLME has concluded a $15 million senior secured facility for Virgin Mobile Middle East & Africa (VMMEA), the regional MVNO group rolling out Virgin Mobile across the Middle East & Africa region.
A total of $3.5 billion was realised by South Sudan from its crude oil sales between June 2013 and May this year, the country's petroleum and mining ministry announced.
The conflict in Syria has cost Lebanon $7.5 billion as it struggles to cope with hosting more than a million refugees from the neighboring country
Dubai’s home prices were up only 3.4 per cent in the first quarter, but enough to continue to top the global rankings with the highest growth in residential property values for a fourth straight quarter.
The small oil exporter faces tough choices between boosting state expenditure to sooth simmering political unrest and keeping its fragile public finances sustainable.
“Bilateral trade stands at just $150 million, which is far below the expectations of both nations,” Al-Madaj told the Kuwait News Agency.
June 2, 2014
The six month Dubai World Expo event is expected to attract 25 million visitors and be a key driver for tourism, with other emirates also set to benefit, the company said.
Emirates has served Karachi since it was founded in 1985, and in the past decade alone has transported over six million passengers on the route.
Etihad Airways on Sunday said it is pressing ahead with a plan for an equity investment in the struggling Italian carrier Alitalia.
The country has one of the world's highest levels of malnutrition among children, with nearly half of all kids under the age of five -- a full two million of them -- stunted/
Oil revenues account for the lion's share of government income, and the authorities are seeking to dramatically ramp them up to fund much-needed reconstruction of Iraq's conflict-battered economy and infrastructure