Tuesday 29 July 2014
 
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Qatar spending up 13pc, slowest in 11 years

Qatar's state spending increased 12.7 per cent last fiscal year, the lowest rate in 11 years, as slow growth in current expenditure offset a sharp rise in funds spent on infrastructure projects, data showed o

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34 Bahrain hotels to slash room rates by 20pc

Thirty-four of Bahrain's top hotels have agreed to slash room rates by 20 per cent after Eid, a tourism official said.   The Culture Ministry has signed an agreement with

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Dubai centre records 60pc clinical pregnancy rate

Dubai Gynaecology and Fertility Centre (DGFC) has recorded a 60 per cent clinical pregnancy rate in the last three months, which is considered to be a high success rate globally and in the region.   The centre, w

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Egypt core inflation slows to 8.86pc in May

Egypt's annual core inflation rate, which strips out subsidised goods and volatile items including fruit and vegetables, slowed to 8.86 per cent in May from 9.11 per cent in April, the central bank said on Tuesday.  

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Bahrain banks 'must stop hidden charges'

A call has gone out to banks in Bahrain to maintain low interest rates and support the economy, following an announcement by His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa last week.   The

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Dubai, Abu Dhabi hotels top performance

Dubai and Abu Dhabi hotels recorded strong occupancy rates in January, said a report. The latest HotStats report, published by TRI Hospitality Consulting, showed that while occupancy fell marginally in Dubai’s hotels by one

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Bahrain police 'face more danger in line of duty'

Police in Bahrain are 116 times more likely to die in the line of duty than they are in the UK. That statistic is based on the per capita death rate of serving officers over the past three years, said a report in the Gulf Daily News (GDN), our s

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GCC retail sales to grow 8pc

The retail sales in the GCC are projected to grow at an average annual rate of eight per cent during 2011-16 period to RO270 billion ($699.2 billion), said a report. "Food constitutes 50 per cent of total retail spending, whi

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Saudi illiteracy rates drop 61pc

Saudi Arabia’s illiteracy rates have dropped by 61 per cent during the past nine years, said a report. The kingdom has achieved the goal stated in the Dakar Forum, which took place in Senegal in 2000, in which the participan

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Highest unemployment rate in Mena region

The Middle East and North Africa (Mena) region had the highest unemployment rate across the world in 2012 at 19 per cent, said a report. "Mena had the highest unemployment rate of all regions in 2012 at 19 per cent, followed

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