May 18, 2014
UK-based oil and gas services group Petrofac, which slashed its 2014 profit forecast by 11 percent this month, said on Friday it was awarded a contract worth $970 million in Algeria.
Reacting to international backlash about the treatment of expatriate workers and labor laws of the country, the government of Qatar has announced several changes to its labor system.
Saudi Arabia is considering trade sanctions against the Netherlands because of stickers printed by far-right politician Geert Wilders which display anti-Islam slogans in the colours of the Saudi flag.
The recall is because the air bag assembly may come loose from its mounting on the steering wheel, according to documents filed with US auto safety regulators.
Ma’aden has already secured a $4.2 billion loan package from commercial banks and export credit agencies to fund the construction at Waad al-Shamal, which loosely translates as Northern Promise.
The over one kilometre tall Kingdom Tower will replace Dubai’s Burj Khalifa, 828 metres tall, as the highest in the world.
May 16, 2014
"If these reports are correct, then dire consequences will be inevitable," the Iraqi oil official said. "This is a seriously dangerous development. ...and now if this is proved true then they are going too far."
Turkey's total employment rate stood at 44.1 percent in the month of February, 63.3 percent among men and 25.4 percent among women.
May 15, 2014
Manufacturers Association president, "This emergency requires an immediate response."
Iran has tried to bring more foreign companies into its energy sector since securing sanctions relief from a November interim agreement to temporarily curb its nuclear activities.
Locals interviewed near the power plant Wednesday said they first noticed the pollution Sunday, likening it to oil spills that once frequently plagued the coast in the area.
Acquiring LSG would boost Dnata’s global footprint by adding 210 catering facilities in 54 countries.
The processing centre, also the very first of its kind in the region, will be a one-stop-shop for debit and prepaid processing, fraud risk services, ATM processing, customer care and reporting/analytics.
May 14, 2014
“The relationship will be redefined as between employee and employer instead of sponsor and sponsored,” the interior ministry said on Facebook
Sold 60,000 units in the UAE and also getting it right in Saudi Arabia