Monday, August 19, 2019

Money & Business

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

UAE Excise Tax Starts in October in Drive to Boost Revenue

The United Arab Emirates will start imposing a tax on selected goods starting Oct. 1 as Gulf Arab nations seek to deepen government revenue...

A Woman of Passion

Mona Almoayyed, one of the most successful business women in Bahrain chronicles her life, passion, and ambition.Mona Almoayyed started working for the Almoayyed family...

Saudi Arabia says it will transfer airports to sovereign wealth fund...

Saudi Arabia, in the midst of a massive reform program to wean itself off relying heavily on oil revenues, said it plans to transfer ownership of its airports to its...

Abu Dhabi property prices drop up to 16%

The price of property in Abu Dhabi has fallen by between 4 and 16% depending on area in the first two quarters of this...

Saudi Arabia’s King Salman spends ‘$100m on Moroccan summer holiday’

King Salman arrived for his annual break with an entourage of over 1,000 people, according to the Haaretz newspaper. Ministers, advisers, and relatives were booked into the city's most...

Look inside Emirates’ airlines lavish first class lounge with a private...

If you want to fly in style, Emirates is your airline of choice. Consistently ranked among the best airlines in the world, Emirates earns praise...

Will China buy Saudi Aramco?

There is a lot at stake. Saudi Arabia is rapidly running through its financial reserves and needs the revenue, especially given the persistence of...

Foreign workers occupy more than 10,000 jobs in Saudi Arabia

Foreign workers in Saudi Arabia compose a large portion of the workforce as according to well-informed sources Indians, Pakistanis, Egyptians, Yemenis, and Bengalis occupy...

Value of new GCC projects fall 19% (-84% in Bahrain)

The value of contract awards in the Gulf fell 19% to a $56.1 billion in the first six months of 2017, compared to $69.3...

Saudi Labor Ministry declares war on private sector corruption

In a move which is considered as a “declaration of war” on corruption in the private sector, the Ministry of Labor and Social Development...
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