Tuesday, September 25, 2018

Money & Business

Dubai: 50 New Metro Trains To Be Deployed Soon

The first of the Dubai Metro’s new trains will be delivered in November, with the last one scheduled to arrive by the end of...

1.2 Million Expat Employees Hold Jobs Set To Be Saudized

As many as 1,228,605 non-Saudis are holding jobs in the retail and wholesale shops that will be Saudized under a recent decision by the...

Bahrain Among Top 10 Countries Where Tourists Outnumber Locals

Bahrain is the ninth most visited country as measured by per capita, according to a study conducted by TravelMag.com. The Kingdom receives 3000 visitors per annum...

Emirates and Etihad to merge into one airline?

Executives at Etihad and Emirates have been quietly laying plans to create what would be the world’s biggest airline by passenger traffic, according to...

Saudi: Why Is So Much Money Leaving The Country?

The Saudi government is still failing to attract significant levels of foreign investment into its economy while also proving unable (or unwilling) to stem...

Bahrain sees ‘growing interest’ from Chinese tech firms 

 There's "growing interest" from China's tech sector, said Simon Galpin, managing director of the Bahrain Economic Development Board (EDB)."Chinese e-commerce companies recognize that the...

Replacing expats for Saudis facing major challenges

Mohanad Faham is wondering whether the furniture showroom he manages in Riyadh can survive a drive to get more Saudis into work.The business is...

Dubai: Falling property + stock market prices = investment opportunity?

Dubai is famous for its high skyscrapers and lavish lifestyle, and owning real estate in the sunny Gulf city may sound like a non-affordable...

Bahrain to get fingerprint bank cash machines

Customers at Bahrain-headquartered Ithmaar Bank will soon be able to use just their fingerprint and pin number to take money out of cash points,...

How retiree visa will boost UAE real estate

The UAE government's announcement for a five-year residency visa for retired expatriates aged 55 and over is expected to result in increased investment in...
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