Smartphones overtake desktops for Christmas shopping
If the beginning of the holiday season is any indication, it could be a merry mobile Christmas for shoppers.
For the first time, there's expected...
Saudi to ban foreigners from selling mobile phones, create jobs for citizens
In an effort to provide more jobs to Saudi Arabian citizens, the kingdom will ban foreign workers from selling and maintaining mobile phones and...
Saudi Arabia and Egypt agree to build bridge over Red Sea
Saudi King Salman announced Friday an agreement with Egypt to build a bridge over the Red Sea connecting the two countries, on the second...
World's largest indoor theme park to open in Dubai
The world's largest indoor theme park is set to open in Dubai this month to lure back some of the tourists and residents who...
Gulf banks eyeing prospects in Iran
Gulf banks including Dubai's largest lender Emirates NBD are already meeting prospective clients and taking legal advice about entering Iran's financial system now that...
Saudi Arabian crude exports rise to 7.111 mln bpd in Sept
Saudi Arabia raised its oil exports in September by 113,000 barrels per day (bpd) to 7.111 million bpd from 6.998 million bpd in the...
Bahrain MPs blast fuel price hike in heated session
A session of the Bahraini parliament broke up amid shouting and protests on Tuesday when several lawmakers, in a rare show of opposition to...
Saudi Arabia and UAE number of millionaires ‘to soar in 5 years’
Saudi Arabia and the United Arab Emirates are expected to see a significant growth in the number of millionaires in the next five years,...
World Bank: wars and cheap oil hurting Middle East growth
The World Bank said on Thursday that 2015 economic growth in the Middle East and North Africa likely came to just 2.6 percent, falling...
Purchasing power in Syria drops 80 percent since war: report
Residents of war-torn Syria have seen their purchasing power drop by an estimated 80 percent since the beginning of the country's conflict in 2011,...
