Search Results for: Gulf
Reports suggest the Saudi Arabia’s 2017 budget will include a monthly fee for expat workers
December 22nd, 2016
Saudi Arabia’s 2017 budget will reportedly include a monthly fee for expat workers in the kingdom. Arab News cited local reports as suggesting the fee would likely be a fixed amount of around SAR800 ($213) a month. The publication ...
Oil prices rise on weaker dollar, optimism on output cuts
December 22nd, 2016
Oil prices nudged higher in tepid Asian trading on Thursday, supported by a weaker dollar and optimism that crude producers would abide by an agreement to curb output to prop up markets. But gains were capped by an unexpected ...
Trump, Russia and China
December 19th, 2016
Even before he takes office, President-elect Trump is turning the world upside down. It has become clear his attitude towards Russia and China is very different from that of his predecessors. Amazingly, he is already wresting power from the ...
Taxation roles and other VAT-related positions are currently seeing very huge demand in UAE
December 12th, 2016
With the forthcoming implementation of value-added tax (VAT) in the UAE and across the region, companies are going to face a huge talent crunch next year, according to recruitment specialists. Businesses in the UAE are gearing up for the ...
Oil price heads to $55 despite expected output rise
December 6th, 2016
Russia and Saudi Arabia predicted to increase exports before agreed cuts start in January The oil price is powering on, adding to a 14 per cent advance since the middle of last week following the landmark deal from Opec ...
6 key trends that will shape the UAE real estate industry
November 28th, 2016
Propertyfinder Group’s inaugural UAE Real Estate Trends report shows a continued undersupply of affordable villas in Dubai is pushing up prices in this segment, enabling it to outperform a broadly lackluster market that remains pressured by low oil prices ...
Oil may rise to $55 if all producers cooperate – Iran
November 21st, 2016
Iranian Oil Minister Bijan Zanganeh expressed optimism on Saturday about an upcoming OPEC meeting and said crude prices could jump to $55 a barrel if an agreement is reached and non-OPEC producers cooperate. “We are receiving positive signals that ...
Gold prices are likely to drop further
November 21st, 2016
Dubai: Gold fans in Dubai can expect more buying opportunities to open up, as prices are likely to drop further amid rising expectations that a rate increase in the United States is more likely to happen before the end ...
EIA Forecasts $51 Per Barrel 2017 Brent Crude Oil Price
November 14th, 2016
The U.S. Energy Information Administration’s (EIA) Short-Term Energy Outlook(STEO) released on November 8 forecasts that North Sea Brent crude oil prices will average $43 per barrel (b) in 2016 and $51/b in 2017. EIA expects that West Texas Intermediate (WTI) ...
Trump Victory Causes ‘Serious Concerns’ in Middle East
November 10th, 2016
Many worry about his attitude toward Muslims, while regional strongmen embrace his apparent attitude toward human rights Donald Trump’s election generated concern in the Middle East over his stance on Muslims and immigrants as well as uncertainty about how ...
