Monday, August 20, 2018

Money & Business

New auction firm a “waste of time”

A new company set up recently to manage auctions in Bahrain was a waste of government resources, according to a top elected official. Mazad...

Saudi Aramco may be worth far less than official valuation

On Monday the Wall Street Journal reported that Saudi ARAMCO may be worth far less than its official valuation. It cited people who are...

If Saudi Future’s So Bright, Why Can’t These Banks Find Buyers?

Saudi Arabia is about to cast off its oil-dependence, build brand-new industries and open its economy to foreign investment, according to the government. That...

Qatar’s international assets – REVEALED!

Qatar may be tiny but it's the world's richest nation based on GDP, and it's been investing its wealth around the globe - with most...

Non-Saudis flood Saudi only job fair offering to start work within...

A career fair organized by the University of Business and Technology (UBT) ended at Jeddah Hilton Hotel attracting many non-Saudis even though it was...

Makkah to launch biggest gold mine

The Makkah governorate of Saudi Arabia, is set to launch the Al-Duwaihi gold mine and factory and other mining infrastructure projects in the Makkah...

SAUDI ARABIA RESTORES CIVIL SERVICE AND MILITARY ALLOWANCES

The measures were the first pay cuts for government employees, who make up about two-thirds of working Saudis. RIYADH – Saudi Arabia’s King Salman issued...

47% in GCC want to change their jobs

47% of respondents to a GCC regional survey by Bayt.com and Yougov claim to be considering an industry change this year, with Oil, Gas &...

The real costs of sending money abroad – REVEALED

When it comes to moving hard-earned cash back to their home countries, some expatriates in the GCC enjoy the best deals in the market,...

IMF cuts GCC growth forecasts

The IMF said on Tuesday it had cut its forecast for Arabian Gulf oil producers’ economic growth this year, as their output cut deal...

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