Infrastructure project awards across the GCC are forecast to exceed $86billion in 2014, an increase of 77.8 percent over 2013.
IT-major Wipro has plans to hire 600 Saudi youth and train them to become thorough IT professionals in the next three-four years as part of its ambitious expansion plans in Saudi Arabia.
Savola Group held an Eid greetings celebration for its employees recently.
The adoption of Bring Your Own Device (BYOD) policies by enterprises in the Middle East is accelerating, but not without ongoing security concerns.
ABU DHABI: UAE energy firm Dana Gasexpects to recover the vast majority of overdue payments which the Egyptian government owes it by 2018, group CEO Patrick Allman-Ward said.
NEW YORK: Gold rose nearly 1.5 percent on safe-haven buying triggered by worries that there could be an escalation of the military conflict in Ukraine and by a weak undertone in global equities.
Despite a plunge of 52 points after the Wednesday’s opening bell, the Tadawul All-Share Index (TASI) finished with a balmy gain 0.27 percent or 27.82 points, closing at 10,478.34.
The smart investor program (an awareness program of the Capital Market Authority) has been successful in expanding the scope of social, cultural, and economic activities in schools.
DOHA: Qatar’s Amir has issued a law providing for foreign investors to own up to 49 percent of listed Qatari companies, part of reforms to expand the stock market and develop the financial industry.
Emirates, a global connector of people, places and economies, has commenced a daily nonstop passenger service to Chicago’s O’Hare International Airport.
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