June 11, 2014
The UAE has reached an initial agreement with the US to carry out a financial data-sharing programme aimed at curbing offshore tax evasion by US citizens.
A fast growth in exports accompanied by a solid domestic and an increase in public investments were the main drivers.
Saudi Arabia’s Saline Water Conversion Corporation announced plans for what would be the world’s largest desalination plant using a technique called reverse osmosis.
In November 2013, Iranian MP Hossein Sobhani-Nia said China had agreed to use $20 billion of blocked Iranian money to fund development projects in Iran to circumvent the international sanctions imposed on the country.
June 10, 2014
The 362-key property will be located 97 kilometers from Doha.
Buildings springing up in the densely populated Nile Delta result in loss of farmland and potential damage to irrigation systems.
Dubai has become home to one of the strongest real estate markets internationally.
Qatar’s public transportation company Mowasalat plans to more than double its current fleet of taxis by the time the 2022 World Cup comes around, a senior official has said.
The government has allocated around $850 million from the Gulf Cooperation Council grant to start vital transport projects.
Last month, the OPEC member's government warned that spending outpaced revenues and this could lead to a budgetdeficit in 2017/2018 after years of surpluses.
The Italian firms’ interest in Abu Dhabi market shows growing appittite among government, corporate and individual clients to get the best out of innovators.
June 9, 2014
Ethiopian Foreign Minister Tedros Adhanom has invited Egypt's newly-inaugurated President Abdel-Fattah El-Sisi to visit his country, Al-Ahram's Arabic news website reported.
A complaint has been lodged against a real estate firm for allegedly taking a slice out of transaction fees being collected for the government by doubling the charge to clients.
In 2009, a joint Iran-Venezuela oil company was established to build a refinery in Syria with a capacity to refine 140,000 barrels of crude oil per day.
Iran plans to boost annual petrochemical output to 180 million tons from around 60 million tons currently.