August 26, 2013
Financial markets are often adversely affected by political uncertainty and security breaches. However, in Egypt, the case has been different in terms of stocks and t-bills.
The deal will allow Lebanese brokers and developers to use Propertyfiner’s vast network, as well as its advanced technology, and gives Propertyfinder greater reach throughout the region.
August 25, 2013
The company sold phosphate to Ethiopia at “slightly below cost price” in order to re-enter the Ethiopian market lost in a tender last year due to high competition from neighbouring countries,
Egypt’s government mulls over switching to Value-Added Tax (VAT) as a backbone for financial discipline and social justice, the finance ministry said on Friday.
"It is an agreement of cooperation and solidarity with our oil industry... a sale of fuel at a fair price," Jaua said at a press conference.
Emerging must develop tools to control credit flows or risk relinquishing any independent monetary policy, a study shows.
McDonald’s franchisee for the western and the southern regions of Saudi Arabia, has opened three new restaurants – one in each of Jeddah, Jizan and Mahyel Aseer
“We want our money [back], we are going hungry. We have too many problems. We have to pay our rent, everything else,” said an Indian resident who invested $78,800.
Any pullback should be determined by the strength of individual economies, said Christine Lagarde.
August 23, 2013
UAE is the fourth most expensive country for foreigners to study and live in, according to the latest research by HSBC.
Abu Dhabi and Dubai indices ended the week in positive territory compared to last week, when both closed lower.
August 22, 2013
The water features were specially designed to convey the message of Constitution Gardens, which aim to tell the story of the state of Kuwait before and after its formation.
ODB, which had a net loan portfolio of 100 million rials ($260 million) as of August 2012, already offers interest-free loans of up to 5,000 rials but they are technically not sharia-compliant.
The drop was attributed to a decline in the number of tourists seeking therapeutic services in the past few months and the drop of tourists in general in July, 2013.
August 21, 2013
"Is someone playing foul? I do not know. But this is strange.”