Saturday 12 July 2014
 
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Real estate trading up 44 pc in Bahrain

Bahrain has made a major leap in real estate trading in the first half of this year.   The total real estate trading amounted to BD722.6 million ($1.9 billion), an increase o

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DIP transfer, sub-leasing transactions surge 50pc

Dubai Investments Park, the largest integrated commercial, industrial and residential community in the Middle East, said the number of transactions for transfer and sub-leasing within the development have surged by more than 50 per cent in the

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Bahrain real estate trade surges 80pc

Real estate trading in Bahrain increased by 80 per cent in the first quarter of the year compared to the same period last year.   Survey and Land Registration Bureau president Shaikh Salman bin Abdulla Al Khalifa

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Plastics consumption set to surge

Regional plastics consumption is projected to see a massive surge as preparations pick up pace for two premier international events in the GCC. The World Expo 2020 in Dubai and the Fifa World Cup 2022 in Qatar are set to provide c

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Facebook stock almost hits IPO price

Facebook's stock on Tuesday came within a hair of reclaiming its $38 debut price for the first time since going public in 2012, a milestone in the social networking company's effort to wipe away Wall Street's skepticism of its busine

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Iran inflation surges 45pc in June

Iran's inflation rate surged to 45 per cent in June, official data showed, adding pressure on squeezed Iranian households and an indication of the huge task President-elect Hassan Rouhani faces to repair the economy. Spirallin

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ME sees surge in fruit, vegetables import

The import of fresh fruits, vegetables, plants and flowers into the Middle East region continues to witness a steady growth with Dubai alone importing Dh5.3 billion worth of products, said a government official. Abdulla Mohammed Rafia, as

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UAE Aug oil output surges to 2.6m bpd

The United Arab Emirates produced 2.6 million barrels per day (bpd) of oil in August, up from around 2.5 million bpd in July, a Gulf oil source told Reuters on Sunday. Saudi Arabia and its Gulf allies, including the UAE, have raised their

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Global stocks surge, but set for sharp monthly fall

World stocks rose for the fourth session in a row on Wednesday on hopes the US Federal Reserve will ride to the economy's rescue with another stimulus package, though global shares were still set to post their biggest monthly drop in 15 months.

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Gold surge lures prospectors, thieves worldwide

As the price of gold rests near record highs, people from Spokane to Bangkok are selling jewelry or buying bullion, some are giving up steady jobs to take to panning while theft of gold chains and watches is on the rise worldwide. "Pannin

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