December 17, 2013
Earlier this month, Qantas forecast a half-year loss of up to $269 million and said it would axe 1,000 jobs, leading to a credit downgrade from Standard & Poor’s, which cut its rating to “junk” status.
The charges, mostly involving infrastructure projects, were outlined in six trials that opened on Sunday.
The real estate, construction, banks and telecom sectors dominate most of the trade.
A lack of fuel has hampered the rescue efforts in Gaza, where flooding from heavy rains has forced about 40,000 residents from their homes.
As part of the capacity increase agreement, Emirates has signed a 10-year ‘commercial co-operation’ with Air Mauritius,
December 16, 2013
The turnover of equities jumped 93 per cent compared to a year ago to $114 billion, said Mubasher Trade in a press statement
Bahrain's economy grew 4.6 percent over the past year based on third quarter data.
A special company was established for the project in which the winning consortium has a stake of 40 percent and the government holds 10 percent, while 50 percent is to be distributed to citizens as free shares
One-way tickets between Dubai and Manila are going for a whopping $27 this holiday season!
Bahrain will implement a unified GCC labor law to regulate domestic workers starting next year, and other GCC countries are expected to follow suit.
Sotheby’s International Realty, a luxury real estate brokerage agency, is setting up an office in Dubai, entering the market at the right time to catch up with the growing potential of the emirate’s realty sector,
Recent studies reveal that total investments in the plastics sector in Saudi Arabia have reached $50 billion, affirming the strength of the market.
Qatar is expected to show the strongest medium term growth.
Iran has suspended a USD 250 million loan to Pakistan to build part of a pipeline project for importing natural gas from the Islamic Republic.
National Bank of Kuwait (NBK) is participating in a consortium of international banks to arrange a loan of $1.43 billion to finance the first phase of the Az-Zour North Power and Desalination Project in Kuwait.