Tuesday, August 21, 2018

Money & Business

Kuwait: The Effects of Expats’ Departure On Real Estate Market

A number of real estate experts affirmed that the recent departure of a large number of expatriates from the country did not negatively impact...

Whose investing in Dubai real estate?

Overall property transactions in Dubai totalled Dh111 billion for the first half of 2018, says the Dubai Land Department (DLD). This was done through...

Saudi Arabia suffers capital flight

As Saudi Arabia raises the stakes in its dispute with Canada, the economic fallout could worsen an already serious issue for the kingdom: capital flight....

Saudi Prince Faces UK Jail Sentence in Loan Fight

A Saudi prince faces jail in the UK for flouting English contempt laws in the latest stage of a long-running dispute over a loan...

Senior Qatari official accused of plotting to bribe ex-Trump aide –...

A US judge has dramatically ruled that a senior Qatari government official was involved in an alleged plot to bribe Donald Trump's former adviser Steve...

Dubai’s private sector records slowest growth

Business conditions in Dubai’s non-oil private sector improved at a slowest rate in three months in July, according to the monthly survey by Emirates...

Bahrain: Introducing VAT may fluctuate ‘business confidence’

The introduction of Value Added Tax in Bahrain is projected to have similar affects as to that of UAE and Saudi Arabia, which saw...

Is UAE The Region’s Most Competitive Economy?

The UAE has the most competitive economy in the Middle East and North Africa (Mena), says a new study from the World Bank Group and the World...

Saudi: Cryptocurrency Trading Is Strictly Prohibited

A governmental committee comprised of Saudi Arabian regulators has issued a statement clarifying that cryptocurrency trading is illegal in the kingdom. According to a statement issued Sunday,...

Saudi: Around 650 violations detected in car rental firms

As many as 648 violations were detected in car rental offices in various parts of the Kingdom, Al-Hayat newspaper reported on Monday quoting Khaled...

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