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Sunday, July 5, 2020

Kuwait investors lose millions in Bitcoin

Approximately 12,000 investors in Kuwait have lost half the value of their portfolios trading in the volatile cryptocurrency market. One trader admitted that he...

Focus on affordable housing sharpens in GCC countries

Gulf Cooperation Council (GCC) countries are doubling their efforts to further enhance low- and middle-income households’ ability to own affordable housing, as part of...

Bahrain cleared to buy 3,200 US bomb bodies for $45 million

The U.S. State Department has cleared Bahrain to buy as many as 3,200 bomb bodies to arm its fleet of F-16 fighters. The sale...

Big Gulf Arab economies may be winners as U.S. exits Iran...

DUBAI, May 9 (Reuters) - Surging oil prices mean the big Arab countries of the Gulf -- especially Saudi Arabia -- look set to...

Saudi Arabia To Issue Tour Guide Licenses To Women

Saudi Arabia will start issuing tourist guide licenses to qualified Saudi women this month, a news report said.According to the report, as many as...

Bahrain: Grocery Workers are Frontliners Too

A majority of economic activities in Bahrain has come to a halt because of the coronavirus (COVID-19) pandemic. Deemed as essential businesses, grocery stores...

New Saving Certificates For Pakistani Expats To Be Launched

A dollar-denominated bond targeting Pakistani expats will be launched on Thursday, January 31, offering 6.25% return on 3-year maturity and 6.75% maturity on 5-year...

Dubai Expo 2020: A ‘Turning Point’ In UAE’s Economic Growth

The UAE's economy is at a "turning point" as government-led stimulus, Expo 2020 investment, higher oil prices and a pause in monetary tightening by...

Dubai: Is there a new project that will dwarf Burj Khalifa?

Dubai, with world-class tourism and smartly tailored destinations, is always hitting the news with its new infrastructure projects and towering projects.It has managed to...

Saudi Arabia unveils largest budget in Kingdom’s history

RIYADH/DUBAI: Saudi Arabia will spend more in 2018 than at any time in its history, King Salman announced in Riyadh during the annual budget...
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