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August 21, 2014

The ministry cancelled the projects due to the grid’s constraints at present and inability to absorb more loads, Hamed said in a phone interview this week.
14:34 GMT
The ministry cancelled the projects after failing to secure funds from Arab Gulf states to finance the expansion of the national grid’s capacity.
Since August 5, conditions in the market have made it less worthwhile to hold shekels, because the Israeli banks were willing to pay almost 1% annual interest on dollar deposits.
13:20 GMT
After the cannons have stopped roaring and an arrangement between Israel and Hamas is emerging, the shekel is suddenly showing weakness.
“Following consumer feedback, we’ve now taken this a step further by bringing our waterproof expertise to a mid-range smartphone for the first time with Xperia M2 Aqua,” he added.
04:55 GMT
Sony has announced the launch of what it dubs ‘world’s most waterproof phone’, the Xperia M2 Aqua, a variant of the mid-range Xperia M2.
Jordan Tourism Board CEO Abed Al Razzaq Arabiyat said having “such a magnificent golf course designed by one of the finest ‘Green’ designers in the world as Greg Norman, means a lot to Jordan’s tourism sector.”
04:55 GMT
The 18-hole Ayla grass golf course project was designed by Greg Norman, one of the world’s “leading golf course designers.”
“During the past Ramadan and Eid seasons, economic revenues increased as passenger and transportation activity flourished by 50 percent due to the large number of individuals traveling to and from the holy cities.”
04:55 GMT
Saeed Al-Bassami,has revealed that Saudization is one of the main challenges facing the surface transportation sector in the Kingdom.

August 20, 2014

A U.S. law called Children’s Online Privacy Protection Act, or COPPA, imposes strict controls on the collection and use of information about children under 13.
21:08 GMT
Internet companies such as Google and Facebook Inc do not offer their services to children under 13, but it is tough to catch users who sign up by providing false information.
 Libya's return to the market has hit oil prices, which slumped to a four-month low in London on Monday before recovering in Asian trade on Tuesday.
20:41 GMT
Libya may be on the brink of chaos but it is gradually boosting output in the vital oil sector after a crisis blocked export terminals for a year.
This new service gives customers the ability to withdraw cash and send money to their friends, family or anyone in the UAE instantly using their mobile phone, even if the recipient does not have a bank account.
20:23 GMT
This new service gives customers the ability to withdraw cash and send money to their friends, family or anyone in the UAE instantly using their mobile phone, even if the recipient does not have a bank account.
“The market is finally showing real signs of recovery and prospective growth suggesting that the construction market will remain strong this year,” he added.
19:55 GMT
Megaprojects in the pipeline and the ramping up of social infrastructure spend is boosting the market, says new report.
The Glasgow City Council sparked criticism from pro-Israeli circles when it decided to raise the Palestinian flag in the wake of the ongoing conflict between the Israeli regime and the Palestinians in the impoverished Gaza.
19:41 GMT
The Glasgow City Council sparked criticism from pro-Israeli circles when it decided to raise the Palestinian flag in the wake of the ongoing conflict between the Israeli regime and the Palestinians in the impoverished Gaza.
The deficit for fuel supplied to stations this month increased to approximately 8m cubic metres of gas and equivalent daily compared to 7m last month.
13:45 GMT
Electricity deficit increases to approximately 6,180MW, no solution in sight
Under the scheme, stranded workers can seek a job with employers whose job opportunities match their profession.
04:55 GMT
Labor Ministry spokesman Tayseer Al-Mufarrej said that the new arrangement was aimed at protecting the interests of both sponsors and workers during their contractual period of employmen
“This is the last major opportunity out there in the world that can suddenly become accessible, almost overnight,” he says.
04:55 GMT
“All the five-star hotels are full of Western companies looking to position themselves to do business."
"This is a well-established, well-rooted and very successful, very profitable organisation," Jordanian economist Riad Al Khouri told AFP.
04:55 GMT
Experts and economists believe the bank will emerge unscathed with flying colours, dismissing the case as a political attempt by American Zionist organisations looking to discredit the Palestinian cause.

August 19, 2014

Local lenders in Saudi Arabia are dominating the market, prompting overseas banks to surrender their licenses as they struggle to compete.
21:13 GMT
Some international banks have started shrinking in Saudi Arabia even as the kingdom plans to open its $577 billion stock exchange to direct international investment
According to the survey, the most common routes to finding a job in Lebanon are online job sites, through family and friends, and direct applications to target companies.
14:04 GMT
Thirteen percent of recent Lebanese graduates said that the availability of jobs in Lebanon was ‘moderate’ and none of them considered the availability of jobs in the country to be ‘high.’
The Suez Canal is a main source of income for Egypt, generating annual revenues of $5 billion.
13:47 GMT
Egypt has selected a Saudi consultancy to draw up the plan for the government's mega project to transform the Suez Canal waterway into a hub of international investment and free trade zones.
"This is what I believe and what many of my colleagues believe. We are determined to give lessons to students when they come to schools next week," he said.
13:25 GMT
Prime Minister Abdullah Ensour criticised the JTA for planning the strike, accusing them of playing politics and taking students as hostages to their demands.
hese remarks were made at a meeting between JCC board of directors and a delegation representing the Palestinian union of commercial, industrial and agricultural chambers.
13:04 GMT
In response to brutal Israeli attacks on Gaza, Jordan Chamber of Commerce (JCC) President Nael Kabariti called on Jordanian traders and importers to boycott Israeli goods and ports
A hospitable city, artificial beaches, some of the best hotels 
in the world and affordable treatment for a range of ailments is what new Dubai is now about.
04:55 GMT
From VIP packages to the most affordable ones, the packages will cover wellness and seven areas of treatment such as orthopaedic and sports medicine.
The new arrests came as security authorities weigh options to issue tickets to both illegal workers and their employers instead of arresting them, sabq.org reported.
04:55 GMT
The Interior and Labor ministries have stepped up their campaign to drive out residency and labor rule violators across the Kingdom after arresting nearly 8,500 foreigners in the Makkah region over the past two months.
By identifying common advertising mistakes and recognizing what makes a strong, quick-to-sell listing, agents can ensure that their properties grab the attention of potential buyers and renters.
01:08 GMT
With millions of new property listings appearing online every day, it is an increasing struggle to make yours stand out amongst the crowd.

“Petrochemicals stocks are very promising - SABIC is probably the cheapest global petrochemical producer and I expect it will be one of the first stocks to be allowed direct foreign ownership,” said Chawdhry.
01:04 GMT
The Saudi Tadawul All Share Index rose 0.48 percent to close at 10,639.04 points, its highest finish since January 2008 and its 13th gain in the 15 sessions since authorities announced plans to allow direct foreign ownership of shares early next year.
Qatargas and CNOOC have an existing sales agreement signed in 2008 to supply a total of 2 million tonnes per annum (MTA) of LNG.
00:56 GMT
Qatargas is the world's largest LNG producing company with a production capacity of 42 MTA.
“This is urgent: ISIS is now selling its oil, but the Kurds are not allowed to sell their oil,” an unnamed Turkish official told the Financial Times.
00:51 GMT
Turkey has requested that the United States remove barriers regarding the purchase of oil coming from Iraqi Kurdistan