Wednesday, November 11, 2015

“The future is driverless cars”

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Finance and Economy
"The future is driverless cars"
Dubai government is reportedly in talks with some parties for a major development for driverless vehicles...
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GCC states to enforce VAT in 2018, says official

Enforcement of the tax will start next year; unified implementation across region in another 3 years...
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Egypt: $2.1 billion trade deficit in favour of Kuwait
Increase in deficit attributed to large quantities of Kuwaiti oil imported by North African nation...
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Energy
Iraq's oil exports decline in October
Bad weather hampered loading operations from southern ports and halted exports through northern ports...
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Value of MENA's electric power contracts amounts to $65 billion
These contracts were concluded between September 2014 and September 2015...
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New comprehensive strategy for minerals' exploitation
Objective of strategy is to make mining in Saudi Arabia one of the main pillars of its economy...
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Real Estate
Saudi real estate firms earn SAR1.41 billion
The second-quarter profit amounted to SAR291 million, compared with SAR 1.59bn in the same period last year, down by 82 per cent...
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Dubai's residential rents in fall 2 per cent in Q3
Highest decline was across prime developments, which had seen significant sales increase since the Q22013...
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     News
Dubai International Motor Show opens
Event will see 18 world premieres and 139 regional debuts of major automobile brands...
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Dubai Airshow opens amid drop in new jetliner orders
More than 400 orders were made at the 2013 edition...
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VIDEO: Is Apple building driverless cars?
"Autonomous driving becomes much more important"...
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Gulf businesswomen's investments at $300 billion
Women in Saudi Arabia own  $800 million investments
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