Business activity in the UAE's non-oil private sector rose to a three-month high in May as growth in new orders improved, a purchasing managers' survey showed on Monday.
A group of Kuwaiti legislators have agreed to scrap a law enforcing gender segregation at schools and universities, although males and females would still have to be separated within the same classroom.
GCC states, particularly the UAE, Qatar and Saudi Arabia, plan to award contracts worth over $68 billion during the next five years to raise gas production, according to a report.
Saudi Arabia has awarded SR49.1 billion ($13.1 billion) worth of construction contracts during the first quarter with the lion's share going to the healthcare and petrochemical sectors, said a report.
The total issuance of debt securities witnessed a strong pick up during the first quarter which grew by 2 per cent over last year to hit $16.7 billion on the back of healthy
More than 67 per cent of UAE professionals feel their current salary is lower than that of other companies in their industry, with only 3 per cent stating a high level of satisfaction
Dubai International, the world’s second busiest airport for international passenger traffic, has registered nine straight months of double-digit growth, said a report.
Facebook usage in the Arab world has almost tripled in the last two years to reach over 45 million as of end June 2012 – about 50 per cent higher than the 37.4 million recorded six months earlier, a report said.
