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The 66 anniversary of Nakba


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Half of UAEs residents in debt

  • 2017-10-21
  • News Agencies
  • Reading : 36

The increase of the value added tax in the UAE, effective next year, is expected to intensify the suffering of UAE residents, the majority of whom already live under debt.

Jordans unemployment reaches 18%

  • 2017-10-19
  • Agencies
  • Reading : 41

Jordans unemployment rate has hit 18 per cent in the second quarter of the current year compared to 14.7 per cent during the same period in 2016, the states Department of Statistics (DOS) announced today.

Kuwait budget deficit hits $6.43bn

  • 2017-10-16
  • News Agencies
  • Reading : 55

Kuwaits general budget has registered a KWD 1.94 billion ($6.43 billion) deficit in the first half of the financial year 2017-2018 which was concluded last September, official data by the Kuwaiti finance ministry revealed today.

Qatar: Inflation down 0.5%

  • 2017-10-16
  • News Agencies
  • Reading : 46

Qatars consumer price index (CPI) fell by 0.5 per cent in September compared to the same period in 2016, official data showed yesterday.

IMF calls on Algeria to diversify income sources

  • 2017-10-15
  • News Agencies
  • Reading : 38

The International Monetary Fund (IMF) called on Friday for Algeria to diversify its income sources, fearing it would be affected by the decline in oil prices, has reported. According to the IMF, the stability of the prices of basic commodities enables parties to review their capital arrangements and continue financial reforms.

Lebanons parliament approved contentious taxes needed to finance a public sector pay rise on Monday and Prime Minister Saad al-Hariri warned the alternative was a collapse of the Lebanese pound in six months.

Iraq delivers gas to Kuwait as part of Gulf War compensation

  • 2017-10-05
  • News Agencies
  • Reading : 51

Kuwait has approved an Iraqi offer to received natural gas as part of the Gulf War compensation it is due, Kuwaiti oil minister Essam Al-Marzouq announced yesterday.

Emirates customers are now able to book flights to 29 FlyDubai destinations across three continents as part of the two airlines codeshare agreement, with more routes expected to be announced in the coming months

Algeria to increase gas exports to Europe

  • 2017-09-27
  • News Agencies
  • Reading : 45

Algerias state-run energy company Sonatrach has announced that it will boost its annual gas export to Europe by 10 billion cubic meters.

Egypt to receive third $500m portion of AfDB loan

  • 2017-09-20
  • News Agencies
  • Reading : 44

Egypt will receive a payment of $500 million as the third and final tranche of the African Development Bank (AfDB)s there-year $1.5 billion loan, AfDBs Resident Representative for Egypt, Leila Mokaddem, announced yesterday.