Saudi Arabia will unveil the general budget for 2016 on Monday, Al-Arabiya News channel reported on Monday quoting sources.
The government usually announces budget at the session of the Council of Ministers in the last 10 days of December.
Last year, the budget was unveiled during an...
Brent crude prices fell to their lowest in more than 11 years on Monday, hounded by a relentless rise in global supply that looks set to outpace demand again next year.
Oil production is running close to record highs and, with fresh barrels poised to enter the market from the likes of Iran, the...
Souq.com has announced the exclusive launch of Micromax Canvas Silver 5 from Micromax Informatics Limited; one of the leading consumer electronic companies in India and among the top 10 largest mobile phone players in the world. Micromax Canvas Silver 5 is the lightest and slimmest 4G smartphone in ...
Among the activities of Formula 1 Race embraced by Abu Dhabi City in the 29th of last November, Casio Computer Co., Ltd., in partnership with Infiniti Red Bull Racing, the official sponsor of the race, have launched the latest collection of Edifice youth watches that are depicted with...
Etihad Airways, the national airline of the United Arab Emirates, today opened the doors to a new world-class medical facility in Abu Dhabi for its employees. The complex includes an aviation clinic, employee visa medical centre, as well as an Emirates ID centre.
Located at...
Tetra Pak®, the leading food processing and packaging Solutions Company, has launched the “Milk in Tetra Pak packaging is Preservative free” campaign. Organized in cooperation with the Saudi Pediatrics Association, the campaign is designed to raise public awareness of the benefits...
The first and largest utility scale wind power plant in Jordan and the Middle East, The Tafila Wind Farm, was inaugurated on Thursday under the patronage of His Majesty King Abdullah II. The 117-megawatt wind farm is directly connected to the national grid and will produce...
As honor marks its second anniversary this week, the world’s number one smartphone e-brand from Huawei, is celebrating its status as one of the fastest growing brands in e-commerce globally, tipped to reach its $6 billion target by the end of this year. Honor is seeing 100% global...
EMC Corporation (NYSE: EMC) today announced the next generation of its EMC® Isilon® Scale-out NAS Data Lake, which includes new products, features and capabilities that allow enterprises to scale easily to edge locations as well as to public clouds. The new products, — IsilonSD Edge,...
Abercrombie & Fitch Co. (NYSE: ANF) today announced that its Abercrombie & Fitch brand will open its first store in the UAE at Dubai’s luxury shopping center, the Mall of Emirates, on December 26, 2015. The store is being opened pursuant to a joint venture between Abercrombie and...