Saturday, September 22, 2018

Money & Business

IMF warns that Bahrain needs urgent spending cuts

Lower oil prices led to fiscal deficit of about 18% of GDP Fiscal measures could include VAT and a cut in subsidiesBahrain needs...

Non-Muslim expats can now register inheritance wills in the UAE

A special office has begun functioning at the Abu Dhabi courts to register inheritance wills for non-Muslim expats in the Capital. The Non-Muslims Wills Office,...

Saudi multi-millionaire daughter set to inherit 100 million pounds, demands more...

A Saudi multi-millionaire's daughter is demanding £7.5million from her banker ex-husband claiming he should support her instead of her super-rich father. Hayat Alireza, 38, says she has...

Concerns over Qatar’s $7 billion Typhoon deal

Qatar could saddle British taxpayers with a bill for billions of pounds by defaulting on payments for military equipment ordered from the UK. According to...

UAE parents need close to DH1million per child to cover education...

Parents who raise their child in the UAE and later send them to a university outside the country can expect to spend not just...

Kuwait Aims To Settle Oil Field Disputes With Saudis, Iraq Soon

Kuwait expects to soon sign deals on the development of the oil fields that it shares with its neighbours Saudi Arabia and Iraq, official...

Who’s the biggest winner?

We all cheered for Saudi women last month when Saudi Arabia lifted the driving ban on women. The next consideration was the short and...

Dubai Builder Sees Property Slump Lasting for Years

A United Arab Emirates developer who says he’s waiting for a market rebound before starting a $4 billion project expects the country’s property slump...

Kuwait banks told to examine Saudi accounts after arrests: sources

Reuters reported last week that the central bank in the United Arab Emirates had asked banks to provide details of the accounts of 19...

Attempt to steal $173 Million from UAE bank foiled

Abu Dhabi’s Public Funds Prosecution and Criminal Investigation Department have foiled an attempt to steal more than Dhs635-M ($172.8-M) from the account of a...
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