The steep fall in energy prices will hit investment in oil and gas projects worldwide and the industry may cancel about $1 trillion of planned projects globally in the next couple of years, a senior Saudi Aramco executive has said.
The International Monetary Fund will discuss debt relief for Guinea, Liberia and Sierra Leone at the Group of 20 leaders meeting in Australia later this week as it considers further support for the countries most affected by the Ebola outbreak,
Bahrain has set up a national committee to help flood-hit families.
The lifeline follows Royal Charity Organisation (RCO) chairman Shaikh Nasser bin Hamad Al Khalifa's visit to rain-stricken areas in Muharraq and the Southern
More than 79 per cent of Gulf businesses have been hit by viruses in the last six months of 2009, according to survey conducted by Trend Micro, a global leader in Internet content security.
The survey conducted by Trend Micro at GITEX 2009
Most Gulf Arab bourses declined on Monday as investors worried about the impact of a global economic slowdown on the region, with property stocks in the United Arab Emirates among the hardest hit.
Dubai's Emaar Properties plunged 6.53
Cerner has successfully implemented the Cerner Millennium Healthcare Information Technology (HIT) solutions at Tawam Hospital in Al Ain, Abu Dhabi, UAE.
Tawam Hospital, in affiliation with Johns Hopkins is a 468-bed tertiary care hosp
Turmoil on Wall Street is pushing financial professionals to the therapist's couch, scaring them off power lunches and testing the mettle of small investors caught in the vortex.
With investment bank JPMorgan Chase & Company agreeing t
Spot gold jumped on Friday and held within sight of the $1,000-an-ounce barrier broken on the futures market after the dollar hit a record low against the euro, boosting the metal's appeal as an alternative investment.
Gold has gained near
World powers want to push Iran's government into halting sensitive nuclear work with a new round of UN sanctions, but Iranian shoppers and small traders said on Tuesday they were the ones who really feel the pinch.
"I don't understand the
Norwegian oil producer DNO reported weaker-than-expected operating profit for the fourth quarter and said output would remain roughly flat this year unless it gained a licence to export the oil it produces in Iraq.
Earnings before interest