Thursday, January 24, 2019

Money & Business

Saudi: Work visa validity reduced to one year

The validity of employment visas issued by the Ministry of Labor and Social Development (MLSD) for the private sector firms has been reduced from...

Slowdown in salary increases in UAE, rest of GCC

“Looking ahead to 2018, we expect real wage growth to stagnate,”  Mohamed Bardastani, senior economist for Middle East at Oxford Economics, told Gulf News,...

Abu Dhai: Yas Waterworld Named World’s Leading Waterpark

Abu Dhabi’s Yas Waterworld, a one-of-a-kind waterpark offering families fun-packed adventures, has been named the world's leading waterpark at the World Travel Awards.The waterpark...

Public disgust over corruption threatens stability in Middle East

During the Tunisian revolution of 2010-11, which sparked the Arab uprisings, protesters would chant “A job is a right, you pack of thieves!”. In Ben Ali’s Tunisia, supposedly a...

UAE residents can pre-order their gold iPhone 8!

iPhone fever is fast heating up. And for all those with a little - no, actually, a whole lot - to spare, the people at Goldgenie are back...

Senior Saudi royal ousted, 11 princes including billionaire Prince Alwaleed Bin...

Saudi Arabia arrested 11 princes, including a prominent billionaire Prince Alwaleed bin Talal, and dozens of current and former ministers, reports said, in a...

Saudi Landlords File Lawsuits After Expats Shut Shops And Leave

The owners of many commercial buildings in Madinah have filed lawsuits against Saudi citizens who have refused to pay shop rents after expatriates running...

Number of millionaires migrating to UAE third highest in the world

Dubai:  Thousands of millionaires from around the world continue to move to the UAE and as of last year, the emirate was among the...

Saudi Plans To Review Imposing Fees On Expats

Saudi Arabia is reviewing its policy of imposing fees on expats after huge exodus of expats over the last year and a half, according...

Cyber attacks on Gulf firms raise to 40% in a year...

As many as 41 percent of Gulf-based enterprises said they had been hacked in the past 12 months, compared with 28 percent in 2016,...
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