October 27, 2013
Investments of the European Union (EU) countries topped the overall foreign investments in Egypt in Q4 which grew by 59 percent to $1.51 billion compared to $954.9 million in Q3.
Dubai’s highly anticipated second airport, Al Maktoum International (DWC), opens to passenger traffic on Sunday - four years behind schedule.
The bank’s activities in Jordan will focus on overall economic growth, developing the private sector, promoting energy efficiency, supporting renewable energy, and improving infrastructure and municipal services
It is the largest housing project ever to be developed in Bahrain in partnership with the private sector.
October 24, 2013
Up to KD 18.5 million have been paid out to citizens laid off from jobs in the private sector, covering the period from August 2008 to October 2013
The total cost of building the common network is estimated at $10.5 billion – $3 billion for desalination plant construction and $7.5 billion for pipelines, pumping stations and reservoirs.
The Easy Taxi application will launch in Saudi Arabia this month, followed by a rollout in other cities in the Arabian Gulf, Jordan and Lebanon.
“The heavy presence of Syrians in the local market is the direct reason behind the increase in unemployment rates this year,” Saif said.
“Details of the ‘Qatar Tourism Sector Strategy 2030’ will be disclosed either in November or December,” QTA chairman Issa bin Mohamed al- Mohannadi said yesterday.
Arab insurance premiums have seen good growth reaching $27 billion last year, of which the GCC region's share of the total was $16.5 billion, said a report citing a senior banking official.
October 23, 2013
Internet giant Yahoo! Inc. plans to close its Cairo office at the end of this year, while pledges its commitment to the Middle East and Africa (MEA) audience, the US firm said in a statement issued Wednesday.
Mohammed Al Mubarak, deputy CEO at Aldar Properties said, “The World Trade Center Mall completes the transformation of Abu Dhabi’s historic Central Market area, which was – and now remains – the heart of shopping in the capital.”
Average residential rental in Doha has risen 16 per cent year-on-year due to increased demand from expatriate inflow and a lack of supply in the market, said a report.
A spokeswoman for Bahrain's Telecommunications Regulatory Authority welcomed the report's findings, describing it as a "real accomplishment for Bahrain". A spokeswoman for Bahrain's Telecommunications Regulatory Authority welcomed the report's findings, describing it as a "real accomplishment for Bahrain".
Meanwhile, Iranian First Vice President Es’haq Jahangiri has said that bad loans of the Iranian banking system amount to 700 trillion rials (about $28 billion