December 4, 2013
Saudi Basic Industries Corporation (Sabic) has opened its state-of-the-art Sabic Technology Center (STC) in Shanghai, built with an initial investment of $100 million.
The landmark flight, crossing the Russian Federation, the North Pole and Eastern Canada, has a published duration of 16 hours 20 minutes, more than enough time to delve into over 400 hours of in-flight Hollywood movies.
December 3, 2013
MENA shoppers spent $9 billion online in 2012, and that number is projected to reach $15 billion by 2015 as the region increasingly moves towards the title of the world's top eCommerce hot spot.
Kuwait Airways is considering issuing sukuk to finance an Airbus deal involving the purchase of 25 new planes and 12 leased aircrafts.
More than 2.2 million people checked into Abu Dhabi's 148 hotels during the first 10 months of 2013, representing a record breaking 26 percent increase in hotel occupancy in UAE's second largest city.
Reports from Monday announced that 4 Gulf countries were expected to release a common GCC currency by the end of the year. However, the Gulf Monetary Council dismissed media reports Tuesday, saying that no common currency is scheduled to be released anytime soon.
Egypt returned $500 million to Qatar December 2 after the Gulf peninsula "refused" to renew a former deposit it had made in Egypt's central bank. The December 2 transfer represents the second deposit return to Doha in the last month.
The roadshow will involve discussions over the nature of contracts that the Islamic Republic is willing to offer in return for investment to drill new wells.
In order to survive, the province needs at least 7,000 Saudi workers for the region's 4,000 salons and beauty shops, she said.
The annual Economic Freedom of the Arab World report published by the Fraser Institute has ranked Arab nations in terms of economic freedom.
The NBK said the near-term outlook for exports looked solid
QTA representatives receiving the Qatar’s World’s Leading Sports Tourism Destination award at the WTA 2013
December 2, 2013
The government revenues have forecasted to reach 800 trillion rials (about $32.1 billion), he said
Describing the issue as “strange and shocking”, Odwan insisted that the alleged deal is a fraud.
Qatar has been told by the world players’ union FIFPro to abolish the kafala system for footballers and respect international standards for their contracts.