Main headlines

March 25, 2014

In a statement to The Jordan Times on Monday, the bank said the employees, who resigned in October 2013, have withdrawn the money from other banks' ATMs.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

The minister added that the meeting will tackle the possibility of signing long-term contracts regarding the supply of Russian wheat to Egypt.
23:36 GMT

The minister added that the meeting will tackle the possibility of signing long-term contracts regarding the supply of Russian wheat to Egypt.

March 23, 2014

Etihad has been building a network of airlines by buying up minority stakes as it seeks to channel more passengers from its partners' planes to its Abu Dhabi hub.
21:49 GMT

Air Berlin, Germany's No.2 airline after Lufthansa, needs to remain German so as not to lose its traffic rights outside the European Union.

Nsour also highlighted the need to target Jordanian expatriates in order to attract them for carrying out investments in the Kingdom.
21:22 GMT

There is a dire need to draft “modern” investment strategies to meet the current regional and international conditions, Nsour said.

Bank Muscat maintains its leadership position by playing an integral part in large-scale infrastructure projects
13:55 GMT

Bank Muscat highlighted the role of local banks in financing infrastructure projects at the 4th Oman Economic Forum (OEF) held last week.

The MICE sector generates Dh2.4 billion(over $653 million) every year in Abu Dhabi alone (File Archive)
13:00 GMT

The Gulf Incentive, Business Travel and Meetings Exhibition is set to start Monday this week in Abu Dhabi