Friday 28 August 2015
 
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Business confidence in Middle East drops

Business confidence in the Middle East continued to fall in the second quarter, but not as quickly as it had in the first three months of the year, according to the Global Economic Conditions Survey (GECS) organised by the Association of Chart

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Saudi June non-oil exports sink, imports fall

Saudi Arabia’s imports dropped 9.9 per cent in June compared with a year earlier, while non-oil exports slid 21.1 per cent, data from the Central Department of Statistics and Information showed on Thursday. The kingdom's

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Saudi June non-oil exports sink, imports fall

Saudi Arabia’s imports dropped 9.9 per cent in June compared with a year earlier, while non-oil exports slid 21.1 per cent, data from the Central Department of Statistics and Information showed on Thursday. The kingdom's

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Etisalat, Du report biggest drop in mobile phone users

Leading UAE telecommunications operators Etisalat and Du reported a decline of nearly 649,000 subscribers in June, the largest monthly decline, according to a report.   The total number of mobile phone users decl

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Lenovo cuts 3,200 jobs as sales slide

China's Lenovo Group will lay off 10 per cent of white-collar staff after sales of Motorola handsets fell by a third, raising doubts over the personal computer giant's bet that a money-losing brand it bought for nearly $3 billion will he

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Lenovo cuts 3,200 jobs as sales slide

China's Lenovo Group will lay off 10 per cent of white-collar staff after sales of Motorola handsets fell by a third, raising doubts over the personal computer giant's bet that a money-losing brand it bought for nearly $3 billion will he

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Iraq local wheat production at 3.25m tonnes in 2015

Iraq's local wheat harvest fell to 3.25 million tonnes in 2015 from 3.4 million last year as the country strives for self-sufficiency, the Iraqi Grain Board said in a statement on Wednesday. “Local wheat production cover

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Muscat Port revenues drop 98pc drop in H1

Port Services Corporation (PSC), the joint stock company that operates and manages Muscat’s Port Sultan Qaboos, has reported a 98.1 per cent drop in net profit for the first six months of this year in comparison to figures from the same pe

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Oil stages 4th weekly drop as China factories slow

Oil prices neared four-month lows on Friday, set for their fourth straight week of declines, after data showed a contraction in China's factory sector and the dollar rose against a basket of currencies. Data showing activity i

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Traffic accidents drop in Abu Dhabi during Ramadan

Abu Dhabi Police recorded a total of 130 accidents in the emirate during the month of Ramadan, a drop from the 165 incidents during the same period last year. The statistics, issued by the Traffic and Patrols Directorate at the Di

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