Tuesday 29 July 2014
 
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Egypt to pay-off all foreign oil firm arrears by 2017

The Egyptian government has planned to pay-off all of its arrears to foreign oil firms by 2017, said a report.   Its previous plan was to pay EGP21 billion ($3 billion) out o

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Egypt to pay-off all foreign oil firm arrears by 2017

The Egyptian government has planned to pay-off all of its arrears to foreign oil firms by 2017, said a report.   Its previous plan was to pay EGP21 billion ($3 billion) out o

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Drug firm to supply medications at lower rates

An international drug manufacturer has reportedly agreed to continue supplying medications to Bahrain, after agreeing to lower pharmaceutical rates imposed by the government.  

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Saudi firms ‘must provide medical cover for expats’

Saudi Arabia’s Co-operative Health Insurance Council has urged all private businesses to provide compulsory medical insurance for expatriate employees and their families, said a report.   The employment con

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Transport firms 'causing causeway delays'

Transport companies have been blamed for compounding truck delays at King Fahad Causeway.   Customs President Shaikh Mohammed bin Khalifa Al Khalifa said they often reserved space in advance for their trucks to e

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Saudi firms demand male consent for female workers

Companies and schools in Saudi Arabia’s private sector are stipulating that female employees obtain the consent of their male guardians when seeking work, said a report.   According to the Labour Ministry,

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Saudi company among ‘world's most ethical’ firms

Saudi Arabia-based International Hospitals Construction Company (IHCC) is the only firm in the region among the 144 global companies which have been rated on the ethical front, said a report.    The ranking

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Bahrain signs key deals with Indian firms

Bahrain has signed key agreements with Indian business organisations, aimed at encouraging greater economic collaboration between the two friendly countries. A business delegation co-ordinated by Bahrain's Industry and Commerc

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100 Bahraini firms join recycling drive

More than 100 factories in Bahrain's Southern Municipality have signed up for a national recycling scheme. Launched by the Al Majid Recycling Plastic and Metal Factory in Salmabad, it aims to reduce the amount of plastic dumpe

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Menacorp named top UAE brokerage firm

UAE-based investment bank Menacorp has been ranked the number one brokerage house in the UAE by trade value for 2013, according to a recent report. The bank bested 49 competitors at the DFM and ADX exchanges through the year, deli

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