December 9, 2014
Egypt will be the second – after Kuwait – to sign a nuclear memorandum with Jordan
The announcement highlights the importance of the Middle East to the brand’s continuous success,
Foreign reserves reached $15.8bn at the end of November 2014, marking a $1.1bn decrease from $16.9bn in October.
Iran's telecommunications minister has said his technicians are developing a system to identify any Internet user in the country at the moment of log-on.
December 8, 2014
Brent crude oil fell more than $2 a barrel on Monday to a new five-year low on predictions that oversupply would keep building until next year after OPEC decided not to cut output.
While there was no fundamental reason for such a steep drop by Dubai's biggest listed property firm, the most likely explanation was a sell-off by investors.
Emirates Executive has said its passengers constitute corporate executives, large family groups and government delegations.
The construction and building firms listed in Saudi Arabia saw their net profits plunge by 39 per cent to reach SR528 million ($140.6 million).
With one month to go, 2014 is already the best year for hiring in 15 years.
The UAE is the first Gulf Arab state to start building a nuclear power plant to generate energy.
"Such a drop is unprecedented," he said in a speech to parliament carried live on state television, noting that the government had been cautious in its forecasts.
Dr. Jason Furman, chairman of US President Barack Obama's Council of Economic Advisers, estimates that Israel will overtake the US in inequality.
Earlier this year, reports indicated that Lockheed Martin also held talks with the UAE government for a military deal worth $270 million.
December 7, 2014
Standard and Poor's has lowered the outlook for Saudi Arabia to stable from positive and Oman to negative on sliding oil prices.
The UAE is amongst the highest consumers of iron and steel products (1,309 kg per person), well above the global average of 240 kg per person,