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7/24/2016 1:33:55 PM Oman to start trial work for spot market by 2019 MENAFN
(MENAFN) Oman aims to start trial work for a spot market for electricity by 2019 and commercial operation in the coming year.Furthermore, the market is a substitute route for power producers to sell ...
7/24/2016 1:31:53 PM Egypt's VAT aims to low its budget deficit MENAFN
(MENAFN) Diesel and octane prices will not increase under the new Value Added Tax (VAT), which is recently being discussed in parliament.Additionally, the price of fuel at the pump is included in the ...
7/24/2016 12:47:43 PM General Channels have the highest average advertising rates in 2016 MENAFN Press
(MENAFN Press) New research from the Arab Advisors Group reveals that FTA satellite TV average ad rates are highest during night time between 21:00 and 22:00 Saudi Arabia's time. Peak average ...
7/24/2016 12:22:55 PM Qatar to give USD30mn for Gaza public sector employees MENAFN
(MENAFN) Qatar will give USD30mn in order to help pay the salaries of thousands of Gaza Strip public sector employees.Accordingly, the payment of USD31.01mn was to alleviate suffering and financial ...
7/24/2016 11:51:29 AM Dubai real estate market posts USD15.5bn MENAFN
(MENAFN) Arab and foreign investors poured USD15.51bn into Dubai's real estate market in the first half of this year.Moreover, the majority of them were from GCC States, which invested in the Dubai ...
7/24/2016 11:50:37 AM Aluminum Bahrain net income declines in Q2 MENAFN
(MENAFN) Aluminum Bahrain (Alba) posted a 45.4 percent drop in second-quarter net profit, which reached USD43.2mn, compared with a USD78.45mn in an earlier period.However, the firm reported weak ...
7/24/2016 11:00:35 AM IMF grants USD3.5bn credit line to Morocco MENAFN
(MENAFN) The Intl' Monetary Fund (IMF) granted Morocco a two-year USD3.5bn credit line for structural reforms to boost economic growth.Moreover, the Precautionary Liquidity Line (PLL) is meant for ...
7/24/2016 10:59:56 AM NAT allocates rail work for Metro Line 3 in Egypt MENAFN
(MENAFN) The National Authority for Tunnels (NAT) assigned application of the rail work for Metro Line 3 to the ETF-ORC-TSO association.Additionally, the financial offer made by the ETF-ORC-TSO ...
7/24/2016 10:42:45 AM The number of High Definition channels is on the rise in the MENA region MENAFN Press
(MENAFN Press) By May 2016, the satellites covering the Arab World carried 212 HD channels up from 195 HD channels by March 2015. A new report from Arab Advisors Group overviews the High ...
7/24/2016 10:26:32 AM Dow and DuPont Stockholders Approve Merger MENAFN Press
(MENAFN Press) United Arab Emirates, July 21, 2016— DuPont (NYSE:DD) and The Dow Chemical Company (NYSE:DOW) announced that, at their respective special meetings of stockholders held on July ...
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