Sunday, November 18, 2018

Money & Business

Saudi Arabia, US in talks of billions of arms sales

The US and Saudi Arabia have reportedly intensified negotiations over arms deals potentially worth tens of billions of dollars. The purported agreement looks to...

UAE man to get $Dh1 million in radar fines

Excessive speeding, overtaking on the hard shoulder and driving recklessly can land a driver with hefty fines. But one driver in particular broke so many...

Gulf Air Withdraws Decision To Lay Off Bahraini Staff

Gulf Air’s Board of Directors has issued a directive to retract redundancies within Bahraini staff and to allow them to return to work.At an...

Bahrain’s economy shrinks in Q1 as oil production sags

DUBAI, July 11 (Reuters) - Bahrain's economy shrank on an annual basis in the first quarter of 2018 for the first time in at...

Saudi Plans To Increase Spending On Economic Growth

Saudi Arabia plans to increase spending next year more than initially forecast as authorities take advantage of higher oil prices to spur economic growth...

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...

Opinion: Now is not the time for Canada to stop trading...

Relations between Saudi Arabia and Canada could go from bad to worse, depending on Ottawa's moves in the coming days and weeks ahead. Foreign Affairs...

Revealed: First Photo From Space By Emirati-Engineered Satellite

KhalifaSat, the first 100% Emirati-engineered and developed satellite, has sent its first photo from space - an image of Dubai's world-famous Palm JumeirahMohammed bin...

Emirati businessman buys number plate for Dh10 million

An Emirati businessman, Ahmed Al Marzuoqi, 23; has won the bid to own the exclusive Abu Dhabi number 2 plate for a whopping Dh10...

Qatar Airways wins ‘Best In-Flight Duty Free Program’

Qatar Airways was awarded the PAX International Readership Award for ‘Best In-Flight Duty Free Program’ for the Middle East and Africa at an awards...
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