Sunday, December 9, 2018

Money & Business

UAE: Highest Smartphone Adoption Rate In Middle East

UAE emerges as one of the top countries in smartphone adoption, with mobile devices accounting for 85 percent of total connections, according to new...

Construction Costs Across Saudi Arabia Increases In 12 Months

The construction costs across Saudi Arabia surged by 1.9% during the third quarter compared to the same period last year mainly driven by key industry...

UAE Rail Network To Be Extended By 605kms

The Ministry of Finance and the Abu Dhabi Department of Finance have signed an agreement to fund the second stage of the national railway,...

Oman: Significant Drop In Expat Remittances This Year

Decreasing expat numbers due to the current Omanisation policies have led to a significant dip in remittances sent home by expat residents in Oman...

Bahrain & Saudi Launch New 112km Oil Pipeline

As part of efforts to enhance Saudi-Bahraini cooperation, Bahrain’s King Hamad and Saudi Arabia’s Crown Prince Mohammed bin Salman inaugurated on Monday a new...

Saudi Pumps More Oil Than Ever Before

Saudi Arabian oil production surged to a record near 11 million barrels a day this month after the kingdom received stronger-than-usual demand from clients...

Oman: Expat Visa Ban Extended To Cover More Sectors

Oman’s Ministry of Manpower has extended the ban on issuing employment visas to expat workers across some professions, as the government actively pursues its...

Saudi To Become Global Destination For Rock Climbing

The Royal Commission for Al-Ula (RCU) announced plans to encourage the sport of rock climbing in the province by identifying and developing selected climbing...

Pakistani Expats To Pay Customs Duty For Carrying Mobile Phones

Hammad Azhar, Pakistan's Minister of State for Finance, Revenue and Economic Affairs, announced that only one phone a year would be allowed to bring in...

Saudi Crown Prince Visits Bahrain As Part Of Arab Tour

Saudi Crown Prince Mohammed bin Salman arrived in Manama on Sunday night for the second leg of his Arab tour. His Majesty King Hamad...

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