DUBAI, UAE - The total M&A market dropped 15 percent, to US$3.2 trillion, the lowest level in a decade, as...
Vienna, Austria - The OPEC Fund for International Development allocated US$1.7 billion across 55 projects globally in 2023, providing funding...
Four and five-star hotels in Oman may open meeting and celebration halls, but must follow certain restrictions.Celebration and meeting halls in top hotels can function with a maximum of 35 percent capacity
The hotels would have to allow entry to only those fully immunized with vaccines approved Oman
Saudi economy may perform better this year than forecast earlier with the continual recovery of the non-oil industry from the...Jadwa predicts growth of 1.8 percent, revising previous estimate of 1.3 percent
Non-oil private sector growth seen at 4.4 percent
Lebanon is expected to use ENOC’s fuel to generate electricity, as the Iraqi oil is deemed unsuitable for the process.As part of the deal, Lebanon will give ENOC 84,000 tons of Iraqi high-sulfur fuel oil
In return, the country will receive 30,000 tons of Grade B fuel oil and 33,000 tons of gasoil
Finance Minister Avigdor Liberman said the Treasury had transferred the amount to the public hospitals.Staff and administrators at these hospitals have been protesting against the government’s failure to provide adequate healthcare funding
Since Wednesday morning, several public hospitals in Jerusalem have not been admitting patients from brought by the emergency services
The country has kept its position as the 10th largest producer of steel in the world this year.The performance of some leading Iranian steel companies indicates they exported 916,236 tons of steel in June
This which indicates a growth of 104 percent compared to June 2020
While joblessness will be a worry, the economies of the GCC countries are expected to grow by about 2.5 percent...Saudi Arabia ranked first in the GCC in terms of the unemployment rate, which reached 8.2 percent of the total workforce in 2020.
Bahrain and Oman are struggling with rising public debts while their unemployment rates stood at 4.1 percent and 5 percent respectively.
The broad-based S&P 500 closed 0.2 per cent higher at 4,496.19, its second consecutive recordThe broad-based S&P 500 closed 0.2 per cent higher at 4,496.19, its second consecutive record
The benchmark Dow Jones Industrial Average gained 0.1 per cent to end at 35,405.50
He delivered the remarks while chairing the first meeting of his cabinet which was approved by parliament on WednesdayHe delivered the remarks while chairing the first meeting of his cabinet which was approved by parliament on Wednesday
Iran has been strangled financially by sanctions reimposed by Washington after then US president Donald Trump pulled out of a multilateral nuclear deal in 2018
The new rule authorizes banks to buy dollars from fresh dollar accounts without a customer's permission.Lebanon ranked third in the Arab world in receiving remittances in 2020
Dollars entering Lebanon in the first half of 2021 were higher by 50 percent than those over the same period in 2020
The Gulf hotel sector's investments, according to reports, have reached $27 billion. New hotel projects worth $3.5 billion in the...Hotel licenses in Saudi Arabia can now be obtained in just 10 days.
Until March 2021, UAE had 1096 hotels with 181.3 thousand rooms.
