Archive for the ‘Open’ Category

Egypt plans five tech parks worth USD2.8bn

Wednesday, September 10th, 2014
The Ministry of Communications and Information Technology said the new technology parks are expected to be completed by 2020.

Dubai SME unveils innovative hub to promote entrepreneurial ideas and start-ups

Wednesday, September 10th, 2014
Dubai SME, the agency of the Department of Economic Development (DED) in Dubai mandated to develop the small and medium enterprise (SME) sector, has announced the launch of 'Hamdan Innovation Incubator,' a complete support environment to stimulate and foster innovative entrepreneurial projects of the youth.

End-of-service gratuity on ‘basic pay’ as in contract: Dubai Court

Wednesday, September 10th, 2014
End-of-service gratuity of an employee is calculated based on the basic salary mentioned in the employment contract, according to a new principle issued by the Dubai Court of Cassation.

All systems in Saudi Arabia go for Haj

Wednesday, September 10th, 2014
Saudi Arabia has launched a major media campaign ahead of the annual pilgrimage to educate Saudis and expatriate workers on the importance of obtaining Haj permits in order to help ?organize the largest gathering of Muslims in a better way.

Dubai monitoring property brokers to prevent rampant speculation: Rera chief

Wednesday, September 10th, 2014
Dubai is working to prevent rampant speculation in the property market by closely monitoring brokerage activities, according to Real Estate Regulatory Agency (Rera) chief.

Qatar’s inflation up 3.8% in August

Wednesday, September 10th, 2014
Qatar's consumer price index jumped 3.8% in August compared to same month last year, mainly driven by high rentals and rising prices of furniture, textiles and home appliances.

IPO next month for Kuwait firm offering healthcare to expats

Wednesday, September 10th, 2014
The IPO will be for 50% of the shares of the sharia-compliant healthcare company which is 24% owned by Kuwait Investment Authority and 26% by Arabi Group which won the strategic investor's stake last year.

Oman to float OMR200m sukuk issue by early next year-c.bank

Wednesday, September 10th, 2014
The Oman government has assigned a specialised institution to structure the country's first sovereign Islamic bond, which may be floated by early next year, the country's central bank chief told Times of Oman.

Saudi Arabia pulls diplomats from Yemen

Wednesday, September 10th, 2014
Saudi Arabia evacuates diplomats and citizens from Yemen amid deteriorating security situation.

Two British human rights researchers released in Qatar

Wednesday, September 10th, 2014
Two British-Nepalese human rights researchers who were held by Qatari authorities for questioning on their work in the country were released on early on Tuesday, Gulf News has learned.