Friday, August 23, 2019

Money & Business

Latest updates on Middle East businesses,Growth of Financial Sectors,Implementation Of Latest Technology and Role of Consumers.

Bahrain: Nearly A Third Of Residential Properties Vacant

An excessive number of housing projects are reducing the average monthly rent for residential apartments in Bahrain.The vacancy rate in Bahrain’s residential market stands...

UAE Expands Taxes To Target Unhealthy Products Next Year

The UAE will levy excise tax on additional sugary and smoking products from next year in order to reduce consumption of these unhealthy products...
Utility Bills

Bahrain: Expats excluded from reduced EWA bills

The Electricity and Water Authority (EWA) has announced the readjusted utility bills, exclusive to Bahraini citizens, for June, July and August would be issued...

Bahrain: Nearly 28% Drop In Trade Between Bahrain- GCC

Bilateral trade between Bahrain and the Gulf Cooperation Council (GCC) has dropped by 27.78% as of June 2019 according to information published by the...
patrot-missile system

Bahrain Signs Agreement For Patriot Missile System

Bahrain has signed an agreement to purchase Raytheon's combat-proven Patriot air and missile defense system from the US Army.The letter of offer and acceptance...
smuggle

UAE: Drug-Smuggling Attempt Worth Millions Foiled

The Customs Intelligence Department and Jebel Ali Customs Center in Dubai thwarted an attempt to smuggle 251.2 kg of crystal meth and 6.4 kg...

Abu Dhabi: Deflation Takes Hold As Housing Costs Fall

Deflation is becoming entrenched in the United Arab Emirates’ capital.Consumer prices in oil-rich Abu Dhabi declined for a second consecutive month, falling 1.4% in...

Al Ula Airport To Be Transformed To Major Tourism Destination

Work on the transformation of AlUla’s Prince Abdulmajeed Bin Abdulaziz Airport and Maraya Concert Hall has begun together as part of plans to create...
Artificial Intelligence

Dubai: Robots Replace Humans At World’s First AI Cafe

The UAE’s ambition to be a global leader in AI technology has been enhanced further with the announcement that the country is set to...
largest school

Bahrain: Largest Public School Project Completed

The works ministry has completed the largest public school project in Jau and handed it over to the Ministry of Education.Works Affairs said that...
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