March 19, 2014
Ashraf Al-Arabi said Egypt had spent 25 billion Egyptian pounds ($3.59 billion) of 64 billion pounds pledged in stimulus packages, with much of that money coming in aid from the United Arab Emirates.
Iran started its oil swap with the Caspian Sea and Central Asian states in 1997.
If 2013 proved a strong year, indications for this year verge on the spectacular — the company confirmed the year-to-date order book has gone past Dh200 billion, bolstered by the recently awarded $40 billion (Dh146.9 billion) contract in Egypt.
Continued political turmoil across the Middle East has caused local investors to almost double their investment in Western real estate.
Football governing body FIFA’s decision to award Qatar the rights to host the 2022 World Cup has come under renewed scrutiny, following allegations that a former FIFA executive received millions from a Qatari company.
March 18, 2014
Flydubai is launching daily flights to Moscow starting in September.
The British government in partnership with the UAE will launch a new center in Duabi that will assist small and medium-sized enterprises (SMEs) in developing their businesses in the Emirates.
Japan will transfer JD82 million ($118 million) to the Kingdom’s Treasury before the end of this month in the form of a soft loan.
Qatar’s rating rose by 15 points, mainly driven by its increasing competitiveness and perceived significance as a financial center.
The metro museums will feature interactive exhibits and state-of-the-art technology such as mobile applications.
Situated on the intersection of Hua Cheng Avenue and in the centre of New Pearl City Tian He district in East Guangzhou, the apartment and hotel complex is located in a rapidly growing commercial centre.
March 17, 2014
Prince Alwaleed bin Talal, was honored “Grand Officer of the Order of Leopold” by Princess Astrid of Belgium on behalf of King Philippe of Belgium.
Based on recent surveys, nearly 70 percent of Saudi companies claim they will either probably or definitely hire in the upcoming three months.
Hyundai signed a deal with a Ras Al Khaimah (RAK) government company this week to provide the authoritative body with a fleet of 84 vehicles.
Recent US Federal Reserve purchases will not effect Saudi Arabia's "stable" economy, say authorities.