Wednesday, December 12, 2018

Money & Business

Bahrain’s economy now fastest growing in the Gulf

The rate of growth of Bahrain’s non-oil economy reached 4.8 percent in the first nine months of 2017, outperforming previous expectations, according to the...

UAE jobs at Apple, Snapchat, RTA

More jobs have opened up for professionals looking to change employers in the UAE recently, with top companies in technology and transportation among those...

Bahrain Plans 25km Submarine To Connect Hawar Islands

Bahrain’s plan to use submarine power cables to connect Hawar Islands to mainland Bahrain will be launched to tenders in November.The project of the...

Saudi solar tycoon’s $300m handout

Australians are set to pay $300 million in subsidies to an outback solar farm owned by a Saudi Arabian billionaire in a new test...

Interests on Personal Loans from Bahrain Banks Expected to Increase

An economic report published by a local newspaper mentioned that interest on personal loans in Bahrain increasingly rose nearly two years ago and it...

Saudi firm aided fraud against 100 banks, court rules

A court in the Cayman Islands has ruled that Saudi conglomerate Ahmad Hamad Algosaibi & Brothers (AHAB) can’t collect damages from a former manager...

World’s next tallest hotel set to open in Dubai

Dubai: Shaikh Zayed Road will continue to host the “world’s tallest hotel”, with the opening this week of the Gevora built by the Al...

Bahrain drops 8 places to 59th in global list of financial...

 The Global Financial Centres Index, produced by China Development Institute and Z/Yen Partners, showed that Dubai has jumped four places to 15th in a...

Saudi Arabia reveals massive push to drive pilgrim tourism

The Kingdom's Public Investment Fund (PIF) said the companies — Rou'a Al Haram and Rou'a Al Madinah — will develop residential and commercial areas...

Gulf carriers may be hit by foreign airline U.S. tax exemption...

Nov 16 (Reuters) - A U.S. congressional proposal that would eliminate income tax exemptions for certain airlines could affect major Gulf carriers, potentially worsening...

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