Saudi Arabia ranked 43rd, the UAE and Qatar came 47th and 50th respectively among the 141 economies surveyed as they diversify their economies and introduce innovation in new sectors.
The emirate's exports to Russia increased by 52 per cent between 2012 and 2014, says Mohammed Ali Al Kamali, deputy chief executive officer of the Dubai Export Development Corporation (DEDC).
The Central Bank of Oman's foreign assets by the end of July reached nearly OMR7.38bn, with a 10.1 per cent increase from 2014, Oman-based Al Shabiba reports.
Egypt's self-sufficiency for gas will only be achieved by increasing exploration, reserves and production rates, said Mohammed Shoaib, engineer, oil expert and managing director of Citadel Group's energy department.
Ali Al Omair, Kuwaiti Oil Minister, says, "Forecasts regarding oil prices are built according to world economy growth indicators, daily oil production volume, supply and demand."
Jumeirah Lakes Towers, Business Bay and Bur Dubai posted stable prices or marginal increases in rental values in the month while Dubai Marina saw a slight drop of four per cent.
A shortage of affordable homes and a reduction in overseas allowances since the financial crisis are pushing foreign staff on middle incomes out to less glamorous areas or to neighbouring Sharjah.
The project financing deal for Al Maryah Central is the largest of its kind in the region for Gulf Related and its owners, UAE-based private equity firm Gulf Capital and New York-headquartered Related Companies.
Property prices and rents in Dubai have stabilised during the past year, to rise again by 2017 inpreperation for Expo 2020, but prices are still 50 per cent higher than they were two years ago.
Microsoft Corp. began the worldwide release of Office 2016. The apps are the latest addition to Office 365, Microsoft's cloud-based subscription service that helps people do their best work, together.
No comments:
Post a Comment