July 16, 2013
Efforts are under way to link the Gulf Cooperation Council states with a water pipeline at a cost of $1 billion.
A tourism official in Makkah has confirmed that the prices of hotels have undergone radical change and returned to their normal rates.
Iran produced 19.3 million tons of cement in the first three months of the current Iranian calendar year, which began on March 21, according to the secretary of the union of cement industry employers.
The Gulf state of Kuwait has discovered a new oil and gas field in Kabed area close to the well-known Manageesh oilfield, Hashem Sayed Hashem, CEO of state-owned Kuwait Oil Co said yesterday.
Iranian steel smelters also produced 4.055 million tons of steel products in spring 2013.
South Korea imported 565,444 tons of Iranian crude oil in June, equivalent to 138,157 barrels per day, Reuters reported.
Facebook announced the launch of a new feature for birthdays, aimed at people who wish to use the Islamic Hijri calendar.
The Ministry of Economy has been visiting various hypermarkets across the country to ensure that companies are not hiking prices during Ramadan.
July 15, 2013
The Tadawul All-Share Index reflecting typical trough-peak combination continued inching its way higher to end yesterday’s trading in the green at 7,744.16 points, up 53.78 points or 0.70 percent from the previous level.
Qatar has now become the world’s largest exporter and second largest producer of liquid helium with the launch of production at the new plant of RasGas Company, said the country’s energy minister.
Iran has agreed to barter wheat worth $9 million from Pakistan in relation to Pakistan's debts for electricity supplied by Iran.
Power cuts in Bahrain during summer have been significantly decreased in the last three years, said a senior government official.
Kuwait has sent two oil tankers carrying crude and diesel worth $200 million to Egypt.
Consumer price inflation in Abu Dhabi and across the UAE is low and well under control, Dr Hashem Al Nuaimi, Director of Customer Protection Department at the Ministry of Economy said yesterday.
July 14, 2013
Experts predict that mobile banking in the Middle East and Africa will jump from 19,8 million to 82,1 million users by 2017.