December 3, 2013
More than 2.2 million people checked into Abu Dhabi's 148 hotels during the first 10 months of 2013, representing a record breaking 26 percent increase in hotel occupancy in UAE's second largest city.
Reports from Monday announced that 4 Gulf countries were expected to release a common GCC currency by the end of the year. However, the Gulf Monetary Council dismissed media reports Tuesday, saying that no common currency is scheduled to be released anytime soon.
Egypt returned $500 million to Qatar December 2 after the Gulf peninsula "refused" to renew a former deposit it had made in Egypt's central bank. The December 2 transfer represents the second deposit return to Doha in the last month.
The roadshow will involve discussions over the nature of contracts that the Islamic Republic is willing to offer in return for investment to drill new wells.
In order to survive, the province needs at least 7,000 Saudi workers for the region's 4,000 salons and beauty shops, she said.
The annual Economic Freedom of the Arab World report published by the Fraser Institute has ranked Arab nations in terms of economic freedom.
The NBK said the near-term outlook for exports looked solid
QTA representatives receiving the Qatar’s World’s Leading Sports Tourism Destination award at the WTA 2013
December 2, 2013
The government revenues have forecasted to reach 800 trillion rials (about $32.1 billion), he said
Describing the issue as “strange and shocking”, Odwan insisted that the alleged deal is a fraud.
Qatar has been told by the world players’ union FIFPro to abolish the kafala system for footballers and respect international standards for their contracts.
Trade exchange between Saudi Arabia and Morocco will jump to $7 billion by early 2014.
Bahrain, Kuwait, Qatar and Saudi Arabia are planning to release and use a common currency by the end of December, according to reports in Manama from Sunday.
A senior official at the Ministry of Finance said Saudi Arabia would offer a new aid package to Egypt worth US$5 billion.
For the fifth year in a row, Etihad Airways received the titles of "World's Leading Airline," "World's Leading First Class," and "World's Leading Airline Crew," at this year's World Travel Awards.