Sunday, September 22, 2019

Money & Business

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

You can now get a commercial license in Dubai within five...

The Business Registration and Licencing (BRL) sector in Dubai Economy has launched the "Instant Licence" initiative that enables businessmen and investors to obtain their...

VAT to increase tax jobs in the UAE

Many businesses in the UAE are either preparing or are on the verge of starting to transform their work set up, particularly the IT and...

Six Arabs held in the UAE for Dh560,000 house fraud

A gang has been arrested for allegedly taking Dh560,000 from Abu Dhabi residents in a real estate scam. The Abu Dhabi Police said on Saturday that they...

Saudi Arabia considers 1 million barrel a day cut on oil

Bill Farren-Price, a long-term Opec follower and consultant at Petroleum Policy Intelligence, said in a note to clients late last week that sources inside...

Saudi Arabia curtails crude flow to the States

Saudi Arabia is making good on promises to curtail oil shipments to the United States with the likely intention to drain visible inventories and...

Gold and Silver Shine in the Midst of Commodity Slump

 Banks active in commodities have been hammered so far in 2017.According to reporting in the Financial Times, income from commodity trading and related activities at Goldman...

How you will be affected by VAT

Decades of tax o-free living are set to come to an end across the GCC when the respective countries introduce value-added tax (VAT) next...

Construction firm sacks half its Bahraini staff

Cash-strapped G.P. Zachariades Civil Engineering & Contractors, popularly known as GPZ, has terminated 99 Bahraini employees. The construction company was in focus recently as a...

Less foreign investors leave Tunisia’s energy sector in dire straights

Tunisia’s Energy Minister Hela Cheikhrouhou has revealed that, due to declining foreign investment, national power production has been in steady decline over the last...

Bahrain MPs proposal to ban expats aged 50+ is rejected 

Bahrain's parliament yesterday rejected a controversial proposal from some MPs that expats aged over 50 be banned from working in Bahrain. The proposal had...

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