Tuesday, November 12, 2019

Money & Business

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

Saudi Pressures Aramco to Take On Debt After IPO Stalls

Saudi Arabia is pushing Aramco to raise tens of billions of dollars in debt now that the state oil giant’s initial public offering has...

Kuwait: Terminated expats should leave the country to receive dues

Kuwait’s Civil Service Commission (CSC) has reportedly reintroduced a requirement for foreign public sector staff to leave the country before paying their end of...

Dubai reveals ‘Brilliant’ recovery of $20 million diamond stolen by expat

A diamond worth an estimated $20 million that was smuggled out of the UAE in a shoe box was recovered by Dubai Police after...

Actors offered money to take part in anti-Qatar protest

A UK casting agency has been offering actors money to take part in an “anti-Qatar event” outside Downing Street during a meeting between Theresa May and the ruler...

Qatar buys weapons from Russia; plans for S-400 missiles

Qatar has been holding negotiations with Russia to purchase S-400 missile air defense systems and other weaponry, says Doha’s ambassador.Qatar, which has already negotiated...

Iran threatens to blockade vital oil route from the Gulf

Iran may block oil tankers from using the Strait of Hormuz in response to possible US sanctions over the country's nuclear programme. US President Donald...

Dubai market slumps amidst major economic challenges

 DUBAI (Reuters) - In Dubai’s posh Jumeirah Beach Residence district, luxury apartment rents are down about 15 percent from a year ago - a...

Bahrain: Residency permits extended

 The Bahrain Ministry of Interior has issued a decision extending the validity of residence permits under personal sponsorship in Bahrain for up to five...

GCC tells Bahrain to make urgent reforms

 Bahrain today grapples with the most serious economic episode in its history.Gulf countries like Saudi, the UAE, and Kuwait said they would bail out...

Oil Jumps After Saudis Say August Exports To Slide

 With oil sliding in recent days on a combination of greater inventory builds and production increases both in the US and in places like...
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