June 18, 2014
The chief executive of major Dubai construction firm Arabtec resigned on Wednesday after a tumultuous six weeks during which the company's share price plunged as much as 50 percent;
Iran is not barred from buying food or other goods for humanitarian purposes under sanctions imposed over Tehran's pursuit of nuclear technology.
Borrowers dropped to 28%, says Department of Economic Development
The GCC luxury goods market has continued to grow fast.
“They pushed us to do this,” Hawrami said. “We’re going to create facts on the ground... Don’t ask me to surrender my rights into your hands.”
Qatar ranks first in the world with the highest density of millionaires, with 17.5 percent holding private wealth of at least $1 million, according to a new report.
June 17, 2014
The threat, made by Anonymous, a politically motivated group of hacktivists, states that they are planning to attack before, during, and after June 20, 2014.
In Q1 2014, there were around 13,279 individuals carrying out property transactions, up 81 per cent compared to 7,339 during the same period last year.
South Korea and other Asian buyers are supposed to hold their crude imports from the OPEC member at end-2013 levels under the terms of the Geneva accord between Iran and six major powers.
June 16, 2014
The Galaxy Tab S is made for entertainment and comes packed with a variety of content including: Samsung’s magazine service, “Papergarden”, Galaxy Gifts, “Marvel Unlimited” app and Kindle.
Only 1,760 young Saudi men and women applied for 11,751 vacancies made available by 70 private companies and establishments in the Saudi capital.
Brent crude edged above $113 a barrel, up more than $4 this week, on concerns that an insurgency in Iraq could trigger civil war and eventually crimp oil exports.
Most markets in the Middle East and North Africa region ended the day’s trade in the red because of the Iraqi conflict.
June 15, 2014
Saudi Arabia has suggested OPEC meet just once a year, rather than twice, a sharp reduction from the days when the group met for up to seven times a year in the early 2000s.
The 3.5 per cent loan rate is less than that obtained on the dollar market in 2012-2013, showing the "confidence in Morocco's economic and political stability”.