Friday 19 September 2014
 
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Saudi Arabia to cut Oct crude prices to Asia

Top oil exporter Saudi Arabia is expected to cut October prices for all grades sold to Asia, reflecting weak demand and a stronger Oman price marker, trade sources said.   Flagship Arab Light may also see the big

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Dubai construction material prices steady

The prices of individual construction materials in Dubai, UAE, remained more or less steady during the second quarter of 2014 compared to the same period last year, said a report. In the cement category, the prices of ordinary Por

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Prices of antibiotics to be slashed soon in Bahrain

Prices of some of Bahrain's most popular antibiotics are set to be slashed later this year, as part of a nationwide drive to reduce the cost of medication. Commonly prescribed medicines such as azithromycin or 'Zithormax&#

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Brent weakens below $103 on rising supply

Brent crude oil futures drifted lower on Friday, further below $103 a barrel, as a strong dollar and plentiful supplies continued to pressure prices. October Brent crude was down 13 cents to $102.50 a barrel by 1122 GMT. US crude

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Asking prices for UK homes slump in August

Asking prices for houses in Britain have fallen at the sharpest pace on record for the month of August, led by a drop in London, as the market gets ready for higher interest rates, a survey showed on Monday. Prices of property com

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Gaza farms devastated by fighting: UN food body

The conflict in Gaza has caused serious damage to crops, herds and fishing as well as greenhouses and irrigation systems, bringing food production to a halt and sending prices sharply higher, the United Nations food body said on Thursday.

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One-bed apartment costs $462,000 in Dubai

A one bedroom apartment in Dubai costs Dh1.7 million ($462,837) on an average, according to a new report by leading property search website propertyfinder.ae. The report said Dubai studio prices stand at AED 959,000 and a two-bedr

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Oil prices 'may go up on tighter supplies'

Opec and non-Opec oil supply growth will reduce over the next 18 months, a report said, with the average Brent prices for 2014 and 2015 ranging from $106 to $109 and from $103 to $108/bbl, respectively. In a new forecast, the BofA

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Dubai consumer prices surge 2.7pc

The consumer prices in Dubai surged at a record 2.7 per cent in the first half of the year, as compared to the same  period last year, spurred by price escalation in goods and services, said a report.   The

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Bahrain regulator pledges health security

Bahrain's National Health Regulatory Authority (NHRA) will not allow anyone to threaten national health security or tamper with the new medicine prices. NHRA chief executive Dr Baha Eldin Fateha said the authority has necessar

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