September 26, 2013
Jordanian expatriates and Arab visitors boosted clothing sales in summer, offsetting a slowdown in domestic consumer spending, according to a leading merchant.
The new venture is estimated to create up to 3,000 jobs for Saudi professional females.
The airline company has to raise $22 billion over the next four years to finance its aircraft deliveries, an average of $5.5 billion a year.
Qatar Airways has come under scrutiny on Wednesday after it was accused of forcing its female workers to seek permission from the company when they decide to get married and notify them of pregnancy.
"It [the visit] has created connections between the private sectors of the two countries which will hopefully be transformed into new joint ventures."
September 25, 2013
"Some of the highest net spenders this summer have been clubs with Middle East based ownership. Both the financial backing of the ownership, as well as the impressive revenue growth achieved in recent years, have allowed clubs such as Manchester City and Paris Saint-Germain to again compete at the very top of the market to attract leading talent".
“Those who prove their efficiency would survive and those who fail to do so will be removed from their posts.”
“The results have been very satisfying so far this year with the airport achieving traffic growth rate well over the projected figures.
Dubai is not in negotiations with Abu Dhabi to refinance a $20 billion debt that will be due next year, a top government official said on Tuesday.
The US shale boom is raising the prospect of energy independence in the world's biggest oil consumer.
"Investors might be anxious and will think before pumping their money into our local market when they see governmental interference by setting prices of goods," Abu Basha said.
September 24, 2013
UAE is among the faster changing payments ecosystems.
Responding to a question about Jordan receiving $5 billion from international donors in assistance for the refugee crisis, Majali said "promises are one thing and implementing them on the ground is another".
On the Kuwait-Dubai route alone, Jazeera Airways saw a 55 per cent increase in flown passengers from August last year.
Saudi Arabia's GDP registered a record growth in the last five years to reach SR2.66 trillion ($580 billion) in 2012 compared to SR1.95 trillion in 2008, according to a government report.