Sunday, October 13, 2019

Money & Business

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

Qatar “Seeks $4 Billion Loan” for Typhoon Fighter Jets

Qatar is seeking to raise more than $4 billion from banks to finance the purchase of Eurofighter Typhoon combat jets, according to people with...

Saudi: Expats leave, yet Saudi unemployment increases

The government-engineered 'expat exodus' has failed to bring down unemployment, which instead increased in the kingdom, as locals shun 'demeaning' jobs in agriculture, retail...

Saudi: Revisiting the expat dependent tax  

Tariq A. Al-MaeenaThere are expectations that the conclusion of Haj this year will also spell the end of service of many expats....

Saudi real estate market hit hard by mass departure of expats

The exodus of expatriate workers from Saudi Arabia has negatively affected the country’s real estate sector with a considerable fall in rent prices.Many property...

Saudi billionaire Prince Alwaleed vows to be one of the ‘biggest...

Saudi Arabian billionaire Prince Alwaleed bin Talal, who was detained for three months by Crown Prince Mohammed bin Salman, has now pledged support for...

Exodus of expats from GCC as nationals get priority in jobs

Expatriate employees are leaving the Middle East and going elsewhere in search of work, with governments choosing to prioritise the welfare of their own...

Bahrain’s economy shrinks in Q1 as oil production sags

DUBAI, July 11 (Reuters) - Bahrain's economy shrank on an annual basis in the first quarter of 2018 for the first time in at...

Trump says there ‘might be an escalation’ between US, Iran

BRUSSELS (AP) - President Donald Trump on Thursday forecast an unspecified "escalation" between the United States and Iran following his withdrawal from a landmark...

VAT Cash Back For Tourists Visiting UAE

Tourists will be able to claim VAT back on goods bought in the UAE starting from later this year. The UAE Cabinet approved a plan...

Saudi: More than 80% of job seekers are women

According to a report published by General Authority of Statistics (GaSat) on Tuesday, the number of Saudi job seekers reached 1.07 million this year with women...

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