Saturday, July 20, 2019

GCC Countries

Stay updated with the Latest news in GCC Countries: Saudi Arabia, Bahrain, Qatar, United Arab Emirates, Kuwait and Oman on Business, Technology and Life Style.

US warship fires warning flare after it’s ‘provoked’ by Iranian attack...

A US warship has been forced to change course and fire warning flares by an Iranian attack boat that raced towards it with its weapons...

10th Edition of MIT Enterprise Forum Arab Startup Competition kicks-off in...

The 10th edition of the prestigious MIT Enterprise Forum (MITEF) for the Pan Arab Region kicks off in Bahrain today, with 74 semi-finalists from...

Why a wealth tax

Oil prices seem to be rebounding this year, up from the doom and gloom of 2016. They are expected to rally to the mid-$60s...

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...

Drivers flouting Yellow Boxes to be fined BD20 from 1st May

Drivers who flout traffic laws and cause traffic jams at road junctions by blocking traffic and ignoring yellow box rules will from 1st May...

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...

Price for tourist visa to Oman increases 400% overnight!

Tourists must now pay OMR 20 for the new visas.  The new visa has also tripled in length of stay and will allow tourists to...

Dubai tourism numbers surge on Indian, Chinese and Russian visitors

Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) has reported an 11 per cent increase in overnight visits in the first three months...

Saudis celebrate sacking of minister who exploited position to employ son

The dismissal of Civil Service Minister Khaled Al-Araj through a royal decree on Saturday is being widely described as a momentous decision. “It heralds...

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...
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