Friday 29 March 2024
 
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Eaton introduces 9SX UPS lower power range

Ireland-based Eaton, a leading power management company, has announced the introduction of lower power-rated models to its 9SX Uninterruptible Power Supplies (UPS) in Europe, the Middle East and Africa (EMEA). The Eaton 9SX UPS of

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Emirates to allow lower-tier frequent fliers access to Dubai lounges

Emirates airline has unveiled plans to open up its lounges in Dubai to lower-tier frequent flyer members, said a report. The moves comes as part of efforts to boost revenues after the airline reported a 75 percent drop in half-yea

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Gold price edges lower, set for weekly gain

The price of gold slipped as the dollar ticked up and European share markets extended their rally but was heading for a weekly gain as buying surged via exchange traded funds.   Spot gold was down 0.2 per cent at

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Lower oil prices squeeze US manufacturing sector

New orders for long-lasting US manufactured goods in December recorded their biggest drop in 16 months as lower oil prices and a strong dollar pressured factories, the latest indication that economic growth braked sharply at the end of 2015.

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GCC roaming prices to be lowered next year

Lower roaming prices in the GCC for phone calls, text messages and mobile data will come into effect from next year. The new rates will be applied in two phases, with lower wholesale prices applied to operators on January 1 and retail customer

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IMF lowers global growth forecasts, cites US weakness

The International Monetary Fund trimmed its forecast for global economic growth for this year to take into account the impact of recent weakness in the United States. But the global financial institution said growth prospects for

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Divorce rates fall 47pc in Bahrain: study

A lower divorce rate among newly-wed Bahrainis over the past four years has been attributed to an awareness campaign on rights and responsibilities in marriage.
 A recent study conducted by the Justice, Islamic Affairs and Endowments Mi

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Egypt's GB Auto calls for lower tariffs on car imports

Egypt's largest listed automotive assembler and distributor GB Auto has called for lower tariffs on car imports from the United States and Asia, fearing that free trade agreements signed with Europe, Turkey and Morocco will distort competiti

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‘Qatar’s plans will be unaffected by lower oil prices’

Qatar’s plans will not be affected by lower oil price, but there may be more opportunities for private finance to play a role in the country’s infrastructure, according to experts. Mamoon Alameen, a specialist on proje

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Capital investments in Arab energy to top $684bn

Energy capital investments in the Arab world will total $685 billion over the next five years, according to a new report. The report, by the Arab Petroleum Investments Corporation (Apicorp), was presented to officials and delegate

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