Main headlines

March 25, 2014

The new app is designed to curb the frequency of blackouts expected during Egypt's summer months (File Archive)
14:36 GMT

Egypt's Electrical Agency has launched an internet application that is designed to help Egyptians reduce their electricity consumption ahead of the summer blackout season.

Almost one million foreign workers left KSA between March and November 2013 ahead of Saudi's major labor deportations at the end of last year (File Archive)
13:45 GMT

Saudi Arabia's legislation over the past few months has forced more than 50 per cent of KSA contracting firms to close their doors.

China's exports and imports to and from Sudan, which totaled $11.5 billion in 2011, amounted to just $3.3 billion in the January-November period of 2012
09:55 GMT

The Sudanese ministry of finance of Sudan signed a number of agreements China in the fields of launching new oil exploration efforts, development projects in addition to the approval of additional loans.

The overall tourism strategy for Dubai is to double the number of visitors into the emirate between 2012 and 2020
08:58 GMT

While the business tourism sector currently accounts for 20 per cent of tourism in Dubai, experts project it will grow at the same pace as tourism in the emirate.

“This sector is beginning to make waves in the U.K. but needs to be nurtured from alternative investment to major league player,” Heaton said.
03:47 GMT

London has taken in over 11.7 billion pounds of Islamic investment in the last 10 years, making it the largest Islamic financial center in the Western world.

In a statement to The Jordan Times on Monday, the bank said the employees, who resigned in October 2013, have withdrawn the money from other banks' ATMs.
02:38 GMT

Bank al Etihad on Monday announced that its internal auditing process has unveiled an embezzlement case concerning withdrawal of JD207,000 using two fake credit cards.

The Middle East is a big market for technology and the growth of mobile in the region poses huge potential for us,” she said.
02:34 GMT

In the region, Yahoo has partnered with Egyptian comedian Ahmed Helmy and will be sending him to Brazil during the tournament to provide entertaining Arabic content around football, the firm confirmed.

March 24, 2014

Audi marks its 30th anniversary in Bahrain's market this month (Courtesy of Motor Authority)
14:00 GMT

The new Audi A8 L was released in the Bahrain market this week.

Saudi Arabia's IT market is the largest in the GCC (File Archive/Shutterstock)
13:00 GMT

Saudi Arabia is projected to be the most competitive economy by 2020 due to its integration and development of its IT sector and solutions.

There will be four cruise companies operating in Dubai next season (File Archive)
11:00 GMT

Dubai expects to attract one million cruise tourists by 2020.

The park will rely entirely on solar energy without using the public electricity connection to operate its lights and integrated irrigation network
08:55 GMT

One of the oldest parks in Dubai is undergoing a transformation. Satwa Reservoir Park will become the first solar-powered park in Dubai by the end of this year.

The annual growth rate shrunk by 0.8 percent compared to the same period of the last fiscal year
08:55 GMT

Egypt’s economic growth rate increased by 0.4 percent in the second quarter of the current fiscal year 2013/14 compared to the previous quarter, to reach 1.4 percent.

Many people are coming from Dubai and buying in Muscat
07:55 GMT

Hewn from the rocks of the Al Hajar mountains, a $600 million dream is taking shape in Oman which is expected to give the Sultanate's real estate market a boost.

Among other gainers in Dubai were property developer Deyaar and construction firms Arabtec Holding and Drake & Scull.
03:55 GMT

The index rose 1.3% to 9,425 points, its highest level since July 2008.

He added that the government also plans to work with the foreign ministry to launch offices abroad to promote tourism in Egypt.
03:55 GMT

Egyptian Tourism Minister Hisham Zaazou said on Saturday that the tourism sector is completely collapsed, adding that he plans to make great changes in management to improve conditions.