Media IN / Riyadh / Paris Agencies 26/04/2018 French oil and gas giant Total said yesterday it was interested in the Saudi gas station market and indicated it had signed a memorandum of understanding with Saudi Aramco to consider options for operating the plants. The memo was signed on April …
Read More »4.7million visitors to Dubai in 3 months
Media IN Dubai 26 April 2018 Dubai’s growth report for the first quarter of 2009 showed 4.7 million international visitors with a growth of 2% thanks to its multiple components and facilities. The tourism sector has achieved remarkable growth rates, surpassing the challenges and impact of global currency fluctuations. The …
Read More »Egyptians are among the top 10 nationalities to transfer money to their country
Media IN 25\04\2018 According to a report by one of the financial institutions issued on Monday, The report found that Indians are the top nationalities that made money in 2017, adding that “Indians living abroad have transferred nearly $ 69 billion to their country, exceeding the World Bank’s $ 65 …
Read More »China to confiscate 600 computers used in mining
Media IN – Agencies 25 \ 04 \ 2018 BEIJING (Reuters) – Police in the northern city of Tianjin seized 600 computers used in the mining of virtual currency, after the company running the local electricity network reported unusual activity, the official Xinhua news agency said on Wednesday. “Eight high-power …
Read More »The issuance of the Kingdom’s Sukuk programs in Saudi Arabia and the value of billions of riyals
MediaIn / Riyadh 24 April 2018 The Saudi Ministry of Finance announced yesterday that it has completed receiving investors’ requests for its sixth domestic issuance under the Saudi government Sukuk program in Saudi riyals. The volume of the issue was set at a total amount of SR 5 billion. The …
Read More »Demand for gold is another safe havens in receding
Media IN / Agencies 24 April 2018 Gold prices rose on Tuesday, hovering near two-week lows as demand for the metal as a safe haven was negatively impacted by rising US dollar and US Treasury yields and the decline of most geopolitical concerns. With a drop in the previous three …
Read More »Oil prices are at their highest level since late 2014
Media IN / Agencies 24 April 2018 Global oil prices continue to climb to their highest level since late 2014, driven by expectations that the United States will resume its sanctions on Iran, and OPEC countries continue to cut supply amid strong demand Brent crude futures jumped to $ 75.20 …
Read More »«Opening of the exhibition and the Arab Travel Market «Forum 2018
Media IN Dubai 23 April 2018 His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, opened the Arabian Travel Fair and Exhibition «Forum 2018» hosted by Dubai World Trade Center over four days. The Deputy Ruler of Dubai, during his tour in the halls and …
Read More »UAE companies appear at the top 10 regionally
Media IN Dubai, April 23, 2018 Emirates companies ranked the top 10 in the Middle East by 2018, according to a report by Brand Business. Etisalat ranked first, with Emirates Airline second, Emirates NBD fifth, Abu Dhabi’s eighth, while Emaar Properties ranked ninth, according to Brand Finance, » The ratings …
Read More »%4.7 Consumer price increase in the GCC countries
Media IN Riyadh on 22 April GCC consumer prices rose in February 2018 compared with the same month last year and reached 4.7% excluding housing. The statistical center attributed the increase in consumer prices to 55.4 per cent, 9.4 per cent, restaurants and hotels by 6.5 per cent, food and …
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