Thursday 25 December 2014
 
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Mobily scraps Q3 dividend after earnings error

Saudi Arabia's Etihad Etisalat (Mobily), which has seen its share price fall by the daily limit for three straight days since reporting an accounting error on Monday, said it would not distribute a dividend for the third quarter.

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Medical errors in focus at Bahrain forum

Health experts will gather in Bahrain tomorrow (September 16) to develop a scheme that will prevent medical errors and malpractice. The conference, called Second Arab Gulf Forum for Medical Administration - Medical Errors, will be

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Twitter back online after brief outage

Twitter was down for about a half-hour for an unknown number of users on Monday after a glitch during a "routine change." The microblogging service said in a short post that it had rolled back the changes, fixing the iss

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UAE to inspect jewellery weighing scales

Emirates Authority for Standardization and Metrology (Esma), the sole standardization body in the UAE, will begin inspection of all the jewellery weighing scales in the country starting from next year. The Esma move comes fo

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S&P to face probe over French rating error

An erroneous downgrade of French sovereign credit rating by Standard & Poor's rating agency on Thursday was a very serious incident and will have to be investigated, the European Commission said. 'This is a very serious inciden

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Global healthcare fraud costs at $260bn

Some 180 billion euros ($260 billion) is lost globally every year to fraud and error in healthcare -- enough to quadruple the World Health Organisation's and Unicef's budgets and control malaria in Africa, experts said. A study by the Euro

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Kuwait scraps Agility Sunday trading

The Kuwait Stock Exchange said it would cancel all trades made on Sunday in shares of Agility, the Gulf's biggest logistics firm by market value, after the stock rose nearly 5 per cent on a calculation error. Trading in Agility will resume

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