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New coasting system to save fuel on Mideast roads

A breakthrough in green automotive engineering allowing motorists to cruise for a third of every journey without using fuel, will soon become as common in cars on Middle East roads, said an industry expert.   The

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Saudi cuts Bahrain pilgrims' Haj quota

Saudi Arabia’s Haj Ministry has reduced the quota of pilgrims for Bahrain this year to 3,700, due to ongoing expansion projects in the Holy Mosque.    Bahrain Haj mission head Shaikh Adnan Al Qattan st

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Sisi pledges to cut own pay, calls to make sacrifices

Egypt's new president Abdel Fattah Al-Sisi pledged on Tuesday to give up half his salary and property and called on the Egyptian people to make similar sacrifices in a bid to prepare the public for a period of painful economic austerity.

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Gulf Air vows no more job cuts

No more job cuts will be made at Bahrain's national carrier after more than a quarter of its staff faced the axe last year, pledged officials.   An aggressive restructuring strategy launched in December 2012 has

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Mobily cuts profit after rival scraps tie-up

Saudi Arabia mobile operator Mobily will cut its second-quarter profit by SR338.7 million ($90.3 million) after fixed-line rival Etihad Atheeb scrapped a deal between the two companies, it said on Monday.   Share

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Saudi businessmen oppose work hour cut

Saudi Arabia’s business community has opposed the move to reduce weekly working hours in the private sector from 48 to 40 hours, said a report. The businessmen said the move would have a negative impact on the economy, incre

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70pc cuts on way in Bahrain medicine prices

Hospital treatment could become cheaper as a result of a nationwide project to reduce the cost of more than 500 commonly used medicines in Bahrain, according to a report. The price of the medication for chronic diseases will be sl

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US troops in Bahrain rap cut in danger pay

US troops stationed in Juffair have hit out against the Pentagon's decision to cut their pay after Bahrain was removed from a list of places in "imminent danger". The US Department of Defence (DoD) announced on Frida

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Boeing to cut 747 production rate

Boeing has announced that it was notching down the production rate of its biggest plane, the iconic bubble-top 747, due to slack demand.   The slowdown won't affect financial forecasts for Boeing, analysts sa

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Rolls-Royce to focus more on costs after profit jump

Rolls-Royce is to focus on cutting "unacceptable" levels of costs after the firm's first-half profits rose by more than a third, helped by booming demand for aircraft engines. Rolls, the world's second-largest ma

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