Recent

Etihad is one of ten companies submitting non-binding offers for ailing Alitalia. (File photo)
July 24, 2017 - 12:05 GMT
Etihad Airways has expressed its interest in a total or partial takeover of Italian carrier Alitalia.
Kuwait’s oil minister Essam Al-Marzouq says deeper cuts are a possibility for OPEC and non-OPEC countries. (Yasser Al Zayyat/ AFP)
July 24, 2017 - 11:24 GMT
Six OPEC and non-OPEC ministers today are due to discuss the market outlook and compliance with output cuts.
The timing of Ramadan and Eid falling in the second quarter this year have had an impact in the drop in advertised jobs. (File photo)
July 23, 2017 - 13:20 GMT
Advertised job vacancies in the UAE fell during the second quarter compared with the same period last year.
Of the 200,000 job opportunities available with ride-hailing companies, 110,000 Saudis have registered so far. (Photo courtesy of Careem)
July 23, 2017 - 12:58 GMT
There are abundant job opportunities for young Saudis in ride-hailing companies where monthly salaries can go up to SR12,000 ($3,200).
The absence of a legal framework for bankruptcy has long been a hindrance to UAE businesses. Not anymore. (Shutterstock)
July 23, 2017 - 12:17 GMT
Cynthia Trench delves into the UAE’s bankruptcy law and what it means for the country’s businesses.
Dammam’s residential sector has seen a marginal decline in both sale prices and rents over the past six months. (Shutterstock)
July 23, 2017 - 12:01 GMT
Dammam’s residential sector has seen a marginal decline in both sale prices and rents over the past six months.
Economic growth this year for Saudi Arabia is forecast to be around 0.1 percent. (File photo)
July 23, 2017 - 10:30 GMT
The IMF slashes Saudi Arabia's growth forecast.
Iran expects to export 1 million tonnes of surplus wheat and its products this year. (AFP/ File)
July 20, 2017 - 13:03 GMT
Exports are set to help with job creation and economic boom in the sector.
Last year's coup attempt, geopolitical developments and the referendum process have all affected Turkey's economy. (AFP/ File)
July 20, 2017 - 12:54 GMT
Turkey ran a budget deficit of about $7 billion during the first half of this year.
The drop in Abu Dhabi rents is expected to persist throughout 2017. (Shutterstock)
July 20, 2017 - 12:44 GMT
Rents of apartments, villas and offices in Abu Dhabi fell during the second quarter of 2017.
A rendering of Hamad Port. (Twitter)
July 20, 2017 - 11:05 GMT
Hamad Port has succeeded in breaking the siege imposed on Qatar since June 5 with the opening of five new shipping lines.
The GCC region has several characteristics that can speed up the growth of IoT, including broadband penetration and a young, tech-savvy population that is ready for a revolution in digital services and connectivity. (Pixabay)
July 20, 2017 - 10:48 GMT
The Internet of Things (IoT) solutions market in the GCC region is poised for solid growth.
Leading banks such as Emirates NBD, Emirates Islamic and Dubai Islamic Bank have posted strong first-half  financial results. (AFP)
July 20, 2017 - 10:24 GMT
Leading UAE banks have posted strong first-half results for 2017.
The new system is designed to automatically detect late or non-payment of salaries to employees in the private sector. (Shutterstock)
July 20, 2017 - 09:59 GMT
Oman will monitor salary payments made to employees in the private sector.
The ambitious project connects Makkah with Madinah passing through Jeddah, King Abdulaziz Airport and King Abdullah Economic City in Rabigh. (Photo courtesy of Saudi Railways)
July 20, 2017 - 09:33 GMT
The Haramain Express Train arrived at Jeddah station for the first time in a test drive.
President Donald Trump vowed during his presidential campaign to re-open NAFTA. (AFP/ File)
July 19, 2017 - 12:56 GMT
The Trump administration seeks to renegotiate the North American Free Trade Agreement (NAFTA).