Search Results for: GCC countries
Global real estate company says No growth in Central London house prices until 2019
September 22nd, 2016
House prices in London’s prime locations will fall by 9 percent this year and not grow again until 2019 as buyers, already hit by increased property taxes, wait to see the outcome of Brexit divorce talks, estate agents Savills ...
Dubai expects 2.5m Saudi tourists in 2020
May 23rd, 2016
Dubai is a top choice for Saudi tourists and their number is expected to increase by almost 100 percent, that is 2.5 million, by 2020, an Emirati official has said, citing current economic forecasts. “The number of Saudi tourists ...
Global Law firm opens Oman office
February 15th, 2016
Clyde IP expands GCC coverage Following the opening of a direct filing office in Bahrain in August 2015, Clyde IP is further expanding its trade mark and patent filing capabilities in the Middle East, with the addition of a ...
UAE energy minister says urgent need to cut subsidies in the region as oil prices decline
October 5th, 2015
There is an urgent need to cut regional energy subsidies as government budgets are squeezed by slumping oil prices, the UAE Minister for Energy said on Sunday. Opening an annual industry conference at Abu Dhabi National Exhibition Centre, Suhail ...
National Bank of Oman highlights distinctions between conventional and Islamic finance
October 22nd, 2014
“The GCC countries have committed to actively strengthening their positions in the Islamic finance market, with Saudi Arabia currently in the lead. We, at the National Bank of Oman, have been doing significant work in the Islamic finance domain ...
UAE, the new key role player in the Middle East
April 20th, 2017
The United Arab Emirates (UAE) is likely to play a bigger role in the conflict-ridden Middle East due to its economic, military, and political influence. For most of the past four decades, the UAE has maintained a low-key role ...
Arabian Gulf states are looking at ways to diversify their economies
March 13th, 2017
Push for UAE trade with Asia and Africa The UAE wants to expand trade ties with fast-growing nations in Asia and Africa, a senior official said on Sunday. Arabian Gulf states are looking at ways to diversify their economies, ...
Rising demand for chartered accountants in Middle East
March 9th, 2017
As business models become more complex and sophisticated, every enterprise needs qualified professionals to help them invest, develop and grow prudently. Since 1961, The Institute of Chartered Accountants of Pakistan (ICAP) has been playing a pivotal role in meeting ...
Salaries in the Middle East to see slight increase in 2017
February 9th, 2017
The strongest salary growth of 3 per cent is expected in the procurement and supply chain sector Salaries in the Middle East are anticipated to increase by an average of 2 per cent this year, according to a new ...
A common currency in the Gulf Arab region?
October 31st, 2016
Gulf single currency ‘inevitable’, says Oman cenbank chief Hamood Sangour al-Zadjali is quoted as saying that the move is only a matter of time The creation of a single currency in the Gulf Arab region has become inevitable and ...
