August 29, 2016 - 13:00 GMT
Two decrees on delineating the offshore blocks and laying out an exploration and production-sharing agreement remain stalled in the Cabinet.
August 29, 2016 - 12:00 GMT
The VAT is expected to replace the current sales tax and broaden the tax base by subjecting all services to the tax while maintaining the principle of exempting basic goods and services that affect the poor.
August 29, 2016 - 11:12 GMT
Queen Rania has called for essential educational reforms including improving vocational programs and revamping school curricula to meet present-day needs and standards.
August 29, 2016 - 09:54 GMT
Iraq plans to increase its output to expand its market share, despite its commitment to strengthening OPEC's role in balancing the oil market.
August 29, 2016 - 07:00 GMT
Saudi Arabia will provide free legal representatives in order to expedite the complaints of expat workers in court, regardless of nationality.
August 29, 2016 - 06:00 GMT
Qatar's new airport tax of $10 will be applied to exiting and transiting passengers, excluding infants, those that do not require an aircraft change and involuntary rerouting.
August 29, 2016 - 05:13 GMT
Petrol prices have gone up in the UAE as global crude oil prices recover due to talk of a possible deal between oil producing countries to stabilise oil prices at the upcoming informal OPEC meet in Algeria next month.
August 28, 2016 - 13:00 GMT
Both app-based car services announced temporary suspensions without giving reasons or indications of when services would resume.
August 28, 2016 - 12:23 GMT
Lists have been allegedly prepared containing the names of up to 400 teachers that can be released by the end of the upcoming school year.
August 28, 2016 - 11:00 GMT
Welspun India has has lost 42 percent of its market value after being dropped by US retail giant Target for allegedly substituting cheap cotton and falsely labelling its products as Egyptian cotton.
August 28, 2016 - 10:00 GMT
Iran's oil minister restated that there was a responsibility to restore stability in the energy market, but reviving the country's 'lost share' was a priority.
August 28, 2016 - 09:00 GMT
Digiturk is a major pay-TV operator in Turkey with approximately 3.3 million subscribers, offering a mix of leading sports and entertainment content across 219 standard and HD national channels.
August 28, 2016 - 08:00 GMT
At a US-Saudi Arabian Business Council Conference, the Saudi Energy Minister hinted that Aramco shares underwriting might be issued at the start of 2018.
August 28, 2016 - 07:00 GMT
The reduction was part of the seventh and final medicine price reduction initiative launched by the ministry five years ago.
August 28, 2016 - 06:00 GMT
Low oil prices have eaten into export revenues of OPEC countries, with earnings dropping 46 percent in 2015 to $404 billion from $753 billion in 2014.