October 31, 2013
Inflows of foreign direct investment into Bahrain reached a tumultuous $891 million last year, representing a fourteen percent increase from 2011's $781 million figure.
Dubai has been selected to host the 10th session of the World Islamic Economic Forum in 2014, representing one of the largest gatherings to share knowledge and best practices in Islamic economy.
October 30, 2013
In this line, Iranian parliament speaker Ali Larijani traveled to China on Tuesday to discuss mechanisms for paying the debt.
Held in cooperation with the Dubai Health Authority, interested metro riders at the Dubai Healthcare City and Airport Terminal 3 stations can have their blood, cholesterol levels, blood pressure, body weight and height checked.
An Emirates A380 flight traveling from New York JFK-to-Dubai was diverted to Kuwait on Saturday due to a “technical issue", an Emirates spokesperson said.
New bank lending norms an attempt to ward off the pitfalls of uncontrolled lending to property buyers.
Patrick Manga, a relative of French tennis great Yannick Noah, says he is even willing to relocate to Qatar if Marley, 13, and Lea, 10, get the backing of an organisation willing to bear their training and tournament expenses.
Spelling out Jazeera’s success recipe, Boodai says, “We do not overload ourselves with huge capacities. We do not order large numbers of aircraft. We provide the market with just the right size of capacity that is required. This proved to be a very successful recipe.”
The bonds, carrying an interest rate of 2.503 per cent and set to mature in 2020, were oversubscribed by 180 per cent as demand exceeded $2.20 billion.
The idea was first floated by Ottoman sultan Abdoul Medjid in 1860 but technical equipment at the time was not good enough to take the project further.
Iran's oil ministry will produce a new framework for contract agreements, including oil production sharing, within the next six months to encourage the return of foreign energy investment.
The construction of a $15.5 billion rail network project connecting six Gulf Arab states will commence late next year.
October 29, 2013
Despite the current political situation, the Egyptian real estate market continues to attract interest from leading developers and investors from the UAE who are committed to projects in Cairo, said a report.
With less than a week left to the end of the legalization period that was extended for a further three months in July, foreign laborers in professions such as construction and building are still roaming side streets throughout the Kingdom’s cities, offering services for half the price they usually charge.
There is thus a strong need for the two countries to enhance their cooperation to develop scientific and applied research in oil refining and renewable sources for mutual benefits, he said.