Wednesday 23 April 2014
 
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Libya oil revenues plummet; govt hit

Some Libyan government ministries are struggling to cover expenditures because of budget problems, a minister said on Sunday after protesters shut down another vital oilfield in the Opec producer. In the latest sign of turmoil gri

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Libya struggles to pay bills as protests slash revenues

Some Libyan government ministries are struggling to cover expenditures because of budget problems, a minister said on Sunday after protesters shut down another vital oilfield in the Opec producer. In the latest sign of turmoil gri

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Egypt sells 1-year dollar bills, yields fall

The Egyptian government sold $1.1 billion of one-year dollar treasury bills at an auction on Monday, with the average yield dropping to 2.474 per cent, the central bank said. Submitted bids amounted to $1.37 billion. The Ministry

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Customers blow fuse over power in Bahrain

Government employees have allegedly been threatened with weapons and attacked after being sent to cut the power supply of people with outstanding bills. A senior Electricity and Water Authority (EWA) official said that electricity

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Bahrain’s EWA collects $443m in bills in 2012

Bahrain’s Electricity and Water Authority (eWA) collected BD168 million ($443 million) in monthly payment of electricity and water bills last year, compared to BD123 million in 2011, its  chief executive said. The avera

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SSS Process develops new e-payment system

Jordan-based SSS Process has developed a new e-payment system, ‘e-Tasdeed,’ which seeks to link together banks, government institutions, and national companies through a secure interface, enabling citizens to pay liabilities and sett

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Saudi Mobily launches innovative service

Saudi telecom services provider Etihad Etisalat (Mobily) has launched a new service that enables its customers across the Kingdom to receive monthly statements via email and engage through a bi-lingual portal that provides a host of useful featu

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KFH-Bahrain introduces direct debit

Kuwait Finance House – Bahrain, a leading provider of Islamic investment, has announced its participation in the direct debit service of The Benefit Company, which operates the cash machine (ATM) network in the kingdom. This automated mech

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Etisalat enables mobile payments in Kabul

Etisalat has partnered with Da Afghanistan Breshna Sherkat (DABS), the power utility company in Afghanistan, to give DABS customers in Kabul the ability to pay their electricity bills through Etisalat’s mobile payments system. The agreemen

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Abu Dhabi seals Korean hospital deal

Abu Dhabi Health Authority said it has signed strategic agreements with four of leading South Korean hospitals for the full scale referral of patients from the emirate to these  hospitals. The hospital service agreement 

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