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Universal Studios scraps Dubailand theme park planDubai Holding, a leading developer in the emirates, and Universal Studios have scrapped the plans to build a massive 7 million sq ft theme park in Dubailand, said a report. The construction work on the project started in 2008, but got s More… |
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Universal Studios scraps Dubailand theme park planDubai Holding, a leading developer in the emirates, and Universal Studios have scrapped the plans to build a massive 7 million sq ft theme park in Dubailand, said a report. The construction work on the project started in 2008, but got s More… |
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Butchers fear losses as subsidies scrapped in BahrainThere was a glaring absence of red meat at the Manama and Muharraq central markets yesterday (October 1), after butchers refused to pay higher prices for non-subsidised beef and mutton. Government meat subsidies were lifted yesterday and butch More… |
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BASF scraps Gazprom asset swap dealGerman chemicals group BASF and Russia's Gazprom have abandoned a gas assets swap deal planned for this year as companies across Europe continue to suffer from growing tensions between Moscow and the West. Relations between Ru More… |
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Egypt may scrap local wheat premiumLeading global wheat buyer Egypt could remove the premium price the government pays to local farmers for their grain in a bid to claw back millions of dollars lost annually on fraudulent sales of cheap foreign wheat - passed off as local crop. More… |
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Bahrain parliament scraps 20 proposalsA raft of parliamentary proposals had to be scrapped in Bahrain as the final session of parliament's four-year legislative term descended into farce. It began with first vice-chairman Abdulla Al Dossary ask More… |
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Oman scraps price controls for most goodsOman has scrapped price controls for all but 23 basic products, prompting rare public criticism of government policy, after companies demanded freer markets. Economists said the move was unlikely to have a major impact on inflation. More… |
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Manama council row may hit mega projectA far-reaching investment plan designed to attract multimillion-dinar projects to the Capital Governorate has been abandoned in the wake of calls for the scrapping of Manama Municipal Council. Councillors had b More… |
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Mobily cuts profit after rival scraps tie-upSaudi Arabia mobile operator Mobily will cut its second-quarter profit by SR338.7 million ($90.3 million) after fixed-line rival Etihad Atheeb scrapped a deal between the two companies, it said on Monday. Share More… |
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New Bahrain airport plan faces oppositionOpponents of a proposed new airport in Bahrain want the project to be scrapped or relocated. They say if it goes ahead at the proposed location off the northern coast of Bahrain, it could destroy more than half More… |
