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World oil market to reach full stability in 2018, says UAEThe world oil market has the potential to reach full stability in 2018 as the level of inventories are expected to be reduced to a comfortable level, said UAE Minister of Energy and Industry Suhail bin Mohammed Faraj Faris Al Mazrouei. More… |
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Government initiatives bring stability to Jordan’s real estateThe Jordanian government's tax breaks and competitive offers from the kingdom's developers have resulted in a stable sales market despite oversupply of housing units, according to leading real estate consultancy Asteco. Pr More… |
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Turkey events threaten regional stability, says RussiaThe Russian Foreign Ministry said on Saturday turmoil in Turkey threatened regional stability and called on the Turkish authorities to resolve the situation without violence and within the country's constitutional framework. I More… |
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Saudi, Nigeria say cooperation crucial for oil market stabilityConsultations and co-operation between OPEC and non-OPEC crude producers are the best ways to keep oil markets stable, Saudi Arabian and Nigerian government oil officials said, state news agency SPA reported on Tuesday. Saudi Depu More… |
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Tenants emerge winners in Sharjah as rents stabiliseThe stability in rents across the residential property market in Sharjah, UAE, has moved tenants firmly into the driving seat, with many now using the weaker demand as an opportunity to negotiate for little or no increase in rents at renewal, sa More… |
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Food prices fall after three stable monthsThe United Nations Food and Agricultural Organisation (UNFAO) Index declined in December, after three months of stability, declining for the third consecutive year, according to a report. The 1.7 per cent fall was credited to cont More… |
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Bahrain plans new project to support job-seekersBahrain has drawn up plans to ensure labour market stability in the medium and long-term. Labour Minister and Supreme Council for Vocational Training chairman Jameel Humaidan said part of the plans pertains to More… |
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UAE sees more stability in Egypt after Sisi winThe UAE foresees greater stability in Egypt after former army chief Abdel Fattah al-Sisi won a presidential election last week and will continue to back it financially, the UAE foreign minister said on Saturday. Since the army ous More… |
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Global economy sees greater stability: Moody’sAfter a sustained period of turbulence in economic and financial markets, the global economy now looks set for somewhat greater stability over the coming years, said a Moody's report. The Moody's Investors Service said in More… |
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Stability 'key to boost tourism industry'Stability is the key to boosting the region's tourism sector and further reflect economic confidence, according to Bahrain's travel industry veteran and leading businessman Jamil Wafa. He said that the kingdom faces challe More… |
