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Employees at Qatar's Ras Laffan Industrial City
July 26th, 2026 - 09:31 GMT
P. Choiaqo

P. Choiaqo

Qatar resumes maritime traffic after suspension

ALBAWABA - After a temporary suspension due to the recent increase in tensions between the U.S. and Iran, Qatar has returned maritime traffic to normal levels. The traffic will resume as normal after Sunday, according to CNN citing Qatar’s Ministry of Transport. The suspension started at the end of June, affecting the movements of all vessels in its coastal waters. The Ministry of Transport urged all shipowners and crews to ...
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The new cities are planned in Cairo, Giza, Dakahlia, Beheira, Port Said, Matrouh, North Sinai, Beni Suef, Minya, Assiut, Qena, Luxor and Aswan. (Shutterstock)
September 11th, 2018 - 08:15 GMT

Egypt 20 New Cities to Accommodate 30 Million

Egypt and the United States signed a $65 million grant to support infrastructure in the country. (Shutterstock)
September 11th, 2018 - 08:10 GMT

US Grants $65 Million to Egypt for Infrastructure Support

The exchange rate of the US dollar was relatively stable during transactions on Sunday. (Shutterstock)
September 11th, 2018 - 08:02 GMT

Egyptian Major Banks Report Stable Dollar Prices

Lebanon’s gross public debt rose by 4.3 percent to $82.95 billion in the first six months of 2018. (File/ Photo)
September 11th, 2018 - 07:56 GMT

Lebanon’s Chronic Public Debt Hits $83 Billion

Iran’s liquidity stood at 16.02 quadrillion rials. (Shutterstock)
September 11th, 2018 - 07:50 GMT

Iran's Liquidity Above $381 Billion, up by 20.1 Percent

Despite the moderate slowdown in consumption and investment, the economic growth in the second quarter continued with domestic demand. (Shutterstock)
September 11th, 2018 - 07:44 GMT

Despite Inflation Struggle, Turkey's Economy up by 5.2 Percent

The proposed merger, pending approvals by the banks' boards of directors, shareholders and regulators, would be credit positive for UAE banks. (Shutterstock)
September 11th, 2018 - 07:32 GMT

UAE Banks' Three-Way Merger a Boon for Banking System

Indian economy is expected to attract large-scale investment from the GCC to India. (Shutterstock)
September 11th, 2018 - 07:21 GMT

India’s Booming Economy Fuels GCC Investment Appetite

The Omanization drive is part of a government’s push to recruit more of its citizens. (Shutterstock)
September 11th, 2018 - 06:50 GMT

More Than 27,000 Illegal Expats Detained in Oman in 2017

The UAE maritime industry has been seeking exemption from VAT in line with the global practice as many countries relieved the industry from the taxation. (Shutterstock)
September 11th, 2018 - 06:46 GMT

After Gold, UAE Mulls This Sector for VAT Exemption

The scheme has been launched in one emirate, and will be rolled out across the country soon. (Shutterstock)
September 11th, 2018 - 06:36 GMT

UAE Rolls out New Private Sector Jobs System

Gold will remain a safe haven in the light of the rise of the US dollar’s rate and the recovery of stock and assets markets. (Shutterstock)
September 10th, 2018 - 09:18 GMT

Gold Prices Drop Below $1,200 per Ounce

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