Search Results for: Qatar
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 ...
Dubai to overtake London as top pick for wealthy GCC investors
October 10th, 2016
Dubai’s property market is set to overtake the international destinations of London, New York and Singapore as the top choice for the GCC’s wealthiest investors next year, a report has found. The region’s high net worth individuals ($1m-plus) ranked ...
OPEC Agrees to First Oil Output Cut in Eight Years
September 29th, 2016
Oil club to cut output to as low as 32.5 million barrels a day Deal indicates Saudi Arabia and Iran resolved some differences OPEC agreed to the outline of a deal that will cut production for the first time ...
UAE pays highest salaries in the GCC for domestic workers
September 19th, 2016
The average monthly salary of domestic workers in the UAE stands at AED1,592 ($433), making it the highest in the region, according to the HelperChoice Domestic Worker Salary Survey Middle East 2016. Both Saudi Arabia and Qatar provide average monthly ...
Middle East investment in global real estate reaches $10b
September 8th, 2016
Middle East outbound capital flows into global commercial real estate touched $10 billion in the first half of 2016, with international market destinations becoming more diverse, according to CBRE’s Middle East ‘In and Out’ 2016 report. Investors from the ...
Saudi, Russia Vow Oil Cooperation Without Agreeing to Freeze
September 6th, 2016
Countries have ‘number of tools’ for joint action, Novak says Oil pares gains as rapprochement falls short of concrete steps The world’s top two crude-oil producers pledged to cooperate to stabilize global markets, while failing to announce any specific ...
Oil prices: OPEC may finally take action if crude’s slide continues
August 9th, 2016
Oil’s recent dip back into the $30s per barrel may be enough to get some OPEC members to curb their bickering and consider joint action — especially if oil plummets again. Considering a deal and agreeing to one are ...
Russia is set to replace Saudi Arabia as leading oil supplier to the Chinese market
August 8th, 2016
Russia is set to replace Saudi Arabia as leading oil supplier to the Chinese market; over the past year monthly exports to China from Russia’s Far East have regularly exceeded those from the Middle Eastern country. At the beginning ...
UnionPay International accelerates the localization of its overseas business
July 21st, 2016
UnionPay International is accelerating the localization of its overseas business by enlarging card-issuing scale abroad, and by supporting overseas cardholders’ card-using in the local market, China as well as other countries and regions. Latest data show that, by the ...
Which are the best Arab Region Universities in 2016: The Top 20
June 16th, 2016
Three Saudi universities top Arab list Three Saudi-based universities have won top spots in this year’s list of Best Arab Region Universities, compiled by US News & World Report, an American publisher of Best Colleges and Best Graduate Schools ...
