August 17, 2012
The Bahrain All-Share Index yesterday closed 0.3 per cent higher to 1,080 points.
August 16, 2012
Saudi Arabia's crude oil production will average 9.7 million barrels a day next year, according to National Commercial Bank (NCB), the kingdom's largest bank by assets.
Chairman Abdel Hamid Shoman on Thursday resigned from Jordan’s largest financial institution.
Rioters blocked the road to Beirut airport, as dozens of Syrians were kidnapped and their shops vandalised in violence yesterday that triggered orders from Gulf nations for citizens to leave Lebanon immediately.
The United Arab Emirates said yesterday it had selected six companies to supply fuel to its four planned nuclear reactors in deals worth an estimated $3 billion (2.43 billion euros).
August 15, 2012
A cut in power supply to Jordan’s main Internet and data services stations caused Internet disruptions for ADSL users across the country on Tuesday.
The Dubai Financial Market (DFM) index consolidated in the positive territory on Tuesday, building on the gains from Monday, buoyed by the positive sentiments on the European markets.
Silver, arguably the most volatile commodity being traded is expected to gain 18% and touch $33.04/oz in the fourth quarter of this year, according to a Bloomberg Survey.
Despite the slowdown in Lebanon’s real estate market, new projects are still under way, albeit at a slower pace.
The residential rents in Abu Dhabi registered a 24 per cent drop in the second quarter of this year over the same period last year amid continuous supply of new housing units and heightened competition, according to a new report.
August 14, 2012
The UAE is exploring investment opportunities in Jordan in areas of water, renewable energy, tourism, health, public works, education and other development projects, Minister of Economy Sultan Bin Saeed Al Mansouri, said.
Lebanese cargo trucks lined up at the Masnaa border crossing with Syria after security conditions reportedly improved on the vital export route.
The Iranian government announced it is ready to officially dedicate the grand unveiling of an underground natural gas storage facility just south of the nation’s capitol of Tehran.
The World Gold Council’s latest figures show official gold holdings in Lebanon stood at 286.8 tons as of August.
August 13, 2012
The high rate of unemployment among the young people in South Sudan will soon be a thing of the past, should the planned national youth service initiative announced by government become a reality.