July 11, 2013
OPEC's share of the world market will shrink in 2014 as rising supply of U.S. shale oil gives the exporter group little comfort from the fastest growth in world demand in four years.
An exiled Iranian opposition group claimed on Thursday to have evidence of a hidden nuclear site located in tunnels beneath a mountain near the town of Damavand.
Harsher economic sanctions on Iran will result in a further squeeze in trade volumes with the UAE.
The UAE markets continued their upward trend on the first day of Ramadan amid lower volumes, with Dubai's General Index gaining for the fourth straight day.
A recent study conducted by the Amman Chamber of Commerce showed that amending the income tax rate would threaten the business environment in the Kingdom.
Despite their deep-rooted attachment to paper bills and coins, a growing number of UAE consumers are now keen to use mobile phones instead of cash to make payments.
July 10, 2013
A 75-year-old Palestinian businessman is on a $10 million mission to boost Arabic on the Internet, where it accounts for less than 1 per cent of websites despite being spoken by one in 20 people worldwide.
Industry and Trade Minister Hatem Halawani on Tuesday held talks with India’s Minister of State for Chemicals and Fertilisers Srikanta Kumar Jena on ways to boost bilateral cooperation between the two countries.
Saudi Arabia’s benchmark stock index (TASI) yesterday rose 13.27 points to finish at 7,708.52 after trading between 7,691.31 and 7,723.46.
The Syrian government is cracking down on black-market currency exchange businesses and individuals.
Saudi Arabia pledged $5 billion in grants and loans to Egypt's new government on Tuesday.
Google is one of several brands to announce special services for the Holy Month, with the unveiling of a dedicated “hub,” according to a statement by the internet giant issued today.
Qatar is reportedly planning to spend $200 billion over the next decade as it prepares to host the 2022 FIFA World Cup.
The total bilateral trade between South Africa and the UAE is valued at approximately $3 billion (Dh11 billion).
The total value of Saudi nonoil commodity exports in May reached SR 16.02 billion.