Saturday 12 July 2014
 
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Prices of more drugs to be slashed in Bahrain

Drugs used to treat skin conditions and sexually transmitted diseases will be included in a nationwide scheme to reduce prices of medicines in Bahrain.   The third phase of the initiative, which is part of a GCC

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Call for unified herbal medicines GCC registry

A body that regulates drugs coming into the GCC wants to create a unified database of herbal medicines permitted by all Gulf countries in hopes of controlling prices.   The GCC Central Committee for Drugs (GCC-DR

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Bahrain's stores vow to keep prices down in Ramadan

At least 50 of Bahrain's top supermarkets and food distributors have signed a pledge to keep prices down during Ramadan.   The memorandum of understanding (MoU) is a commitment not to raise prices and actuall

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High oil prices big boost for Bahrain's economy

High oil prices fuelled by the escalating crisis in Iraq could help drive down Bahrain's national debt.   Crude oil prices have been on the increase in recent weeks, with concerns over disruption in supply dr

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CBQ sets final guidance for 5-year bond

Commercial Bank of Qatar (CBQ) has set the final price guidance for its benchmark-sized, five-year, US dollar bond offering in the range of 117 to 120 basis points over mid-swaps, a document from lead arrangers showed on Tuesday.

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Oman plans measures to reduce drug prices

Oman’s Ministry of Health is set to introduce measures to reduce the prices of drugs for consumers in the Sultanate, which has recorded the highest pharmaceutical drug prices in the GCC region, said a report.  

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No discount in Iran's gas price proposal: Turkey

Iran's proposal for the sale of natural gas to Turkey did not include a discount, Turkish Energy Minister Taner Yildiz said on Tuesday, adding that Turkey will await a decision from the international court of arbitration on pricing.

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56 Saudi firms fined for price manipulation

Fifty-six Saudi companies were fined SR222 million ($59.18 million) for price manipulation by the  Ministry of Commerce and Industry's competition commission, a report said. Companies have the right to become dominant pla

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51pc Dubai car buyers 'dissatisfied' with price

About 51 per cent of car buyers in Dubai deem that the price they pay for their vehicles is ‘unreasonable,’ said a report. A car consumer poll by the Department of Economic Development in 2013 included feedback from 89

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Saudi cbank expects further drop of inflation

Saudi Arabia's central bank expects the annual inflation rate to fall further below three per cent in the first quarter of this year, it said in a report on Monday. "The general inflation rate is expected to continue decl

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