February 4, 2014
Dubai Metro transports around 500,000 passengers daily on both the lines and this only with half its running capacity.
US officials declared on Tuesday that Iran is “not open for business” and vowed to scrutinise companies heading to the Islamic republic since it entered a temporary nuclear agreement.
Etihad Airways made its first daily flights from Abu Dhabi to Medina Tuesday.
Saudi Arabia's capital has partnered with oil giant Shell to promote expanded women investment activity, focusing on businesses that can be run from the home.
Abu Dhabi's government is planning to spend $346 billion in various sector development over the next six year, according to its Department of Economic Development.
The proposed GCC rail network that will connect member countries in the Gulf is failing to attract private sector interest, but Gulf governments are still keen on keeping 2018 as target date to launch the rail's operations.
The Abu Dhabi Education Council said it is seeking to hire “local teachers to work in 27 education-related posts”.
High economic growth rate, continuing investments towards world class infrastructure, growth in telecom market, coupled with expansion of healthcare industry and the housing market are few of the key factors driving the demand for diesel generators in Saudi Arabia.
Dubai will start imposing the "tourism dirham" fee on guests staying in all types of holiday accommodation, including hotels, hotel apartments, guesthouses and holiday homes from March 31.
US Secretary of State John Kerry came under further attack Monday by Israeli hawks who accuse him of manipulating the threat of an economic boycott to pressure Israel into peace concessions.
February 3, 2014
Egypt is positioned to become a regional export hub for Samsung products, with locally-manufactured computer monitors being shipped to Europe.
Iran and China will soon sign a agreement setting a “roadmap” to boost cooperation in a wide range of economic sectors
The report attributed the spike in rents to continued unrest in the wider Arab region, Dubai’s successful Expo bid and an expanding economy.
One of the region's largest construction firms, Arabtec, is planning to recruit 10,000 youth from across the Middle East and North African region as the firm expands its operations.
EU nations are preparing (and competing!) for Tehran investments following the easing of sanctions against the country.