August 20, 2013
The labour complex project is expected to have a maximum capacity of 5,000 residents upon completion.
“Bloodshed and unrest in Egypt and the disruption of oil supplies from Libya have put a floor under oil prices.”
This is the first time that the government’s annual spending undershot its budget plan since 1990 – a sign of the difficulties which Qatar is having in pushing forward huge and complex infrastructure projects.
The expansion will rise the airport's passenger capacity by 50%.
August 19, 2013
Long-term investments in infrastructure have led to an increase in new business opportunities for Kuwait's construction and machineries sector.
Nokia currently enjoys the largest market share with 56.4 per cent in the UAE mobile phone handsets market, according to a study by the Telecommunications Regulatory Authority (TRA).
The lack of awareness and the transient nature of expatriates are key factors linked to the very low levels of insurance penetration.
British celebrity chef Gordon Ramsay has signed an agreement with Gates Hospitality to bring a selection of his restaurant brands to Dubai.
The stock market closed Aug. 15 in the first unscheduled shutdown since January 2011, when it suspended trading for almost two months.
August 18, 2013
"The riyal's (QAR) peg to the dollar is the cornerstone of the country's monetary policy," The Peninsula newspaper reports the Qatar Central Bank (QCB) as stating.
The Daily News Egypt spoke to a number of Egyptian economists to explore how the economy will be affected by the recent political turmoil and resulting violence.
The banks appear to be in a healthy condition and the government’s fiscal position is strong enough that it can respond to any sharp deterioration in the economy by ramping up spending.
Syrian authorities have shut down a money exchange office in Damascus and made several arrests as a part of a campaign to curb illegal currency trading.
The total value of Iran’s capital market is half of the gross domestic product (GDP).
The 35 existing lounges on the Emirates network will be refurbished according to the new design in a phased plan during the next 18-24 months.