Wednesday, November 21, 2018

Money & Business

Bahrain: BAPCO Switches Crude Oil Pricing Formula

Dubai Mercantile Exchange (DME) welcomed the latest Middle East oil producer to switch its crude oil pricing formula to include the DME Oman benchmark.The...

Saudi: More Than 250 Tons Of Contaminated Rice Seized

A wholesale dealer of foodstuffs in Dammam was found guilty of violating the Anti-Commercial Fraud Law by possessing and offering for sale 255 tons...

Over $700 million Deals Signed On First Day Of Airshow

Officially inaugurated by His Highness Shaikh Abdullah bin Hamad Al Khalifa, Personal Representative of His Majesty the King and the Chairman of BIAS Supreme...

Duqm in Oman attracts $11 billion investment, says Sezad boss

Duqm has attracted some $11 billion in investment for various projects, which include a major refinery and a series of industrial ventures by Chinese...

Qatar government prepared to cover banks if deposits “withdrawn”

Qatar’s government is prepared to support local banks if foreign institutions withdraw deposits from them because of an economic boycott against Doha.Yousef al-Jaida, Chief...

UK Arms sales to Saudi Arabia under threat

Britain will be forced to suspend the sale of what potentially could be billions of pounds worth of weapons to Saudi Arabia if it loses a...

How our lives will change dramatically in 20 years – by...

By David Delahunty FollowDavid DelahuntyIn a recent interview, the MD of Daimler Benz (Mercedes Benz) said their competitors are no longer other car companies but...

Latest info on the introduction of VAT

Tax; such a small, unassuming word - with the power to strike fear into the hearts of everyone who hears it.The Tax Procedures Law issued this...

Dubai Housekeepers reveals some of the most bizarre tasks assigned

With help from the UAE Professional Housekeepers Group, The Hotel Show has lifted the lid on how housekeepers’ jobs vary from one extreme to...

Kuwait introduces new $830 fee for companies employing ‘excess’ foreigners

Kuwait has been increasing charges and fees for foreigners in recent months to boost government revenues. Kuwait’s Ministry of Social Affairs and Labour has reportedly...
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