July 17, 2013
Although a lot of landlords are asking for more money this year, residential rental prices in Dubai, particularly in prime locations, are showing signs of letting up.
Cooking gas consumers in Jeddah are experiencing difficulties getting a refill after GASCO notified consumers that they should switch over to the new safety valve, commonly known as a regulator, which was introduced recently.
Boeing has 649 purchase orders in the Middle East region as of June 2013 of various models with a main focus on 787s-Dreamliners and 777s.
Oman Cables Industry has signed a contract for the supply of power cables worth an estimated RO27.36mn with a customer in Saudi Arabia, the company said in a filing to the Muscat Securities Market.
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.