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  • jail

    UAE finally decriminalizes bounced cheques

    The United Arab Emirates will stop imprisoning expatriates for writing cheques that bounce, Abu Dhabi daily The National reported on Tuesday, citing a senior official.

    January 2, 2013 3:09
  • oil

    Saudi to develop Midyan gas field in 2013

    Saudi Arabia will develop its Midyan natural gas field in the Red Sea in 2013, Oil Minister Ali Naimi said in comments reported on Tuesday in local media.

    January 2, 2013 3:06
  • Kuwait skyline buildings

    Kuwait Inflation To Keep Falling In 2013

    Kuwaiti inflation will slow to 4.3 percent this year and 4.1 percent next year from 4.8 percent in 2011, central bank governor Mohammed al-Hashel predicted on Saturday in comments carried by state news agency KUNA.

    December 30, 2012 7:29