Qatar’s Supreme Committee for Delivery & Legacy (SC) is using the Fan Zone in the Katara Cultural District in Doha to test open-air cooling technologies being developed for the FIFA 2022 World Cup finals, the Qatar daily The Peninsula reported…
Month: July 2014
Dubai races to complete tram system for November opening
In November 2014, Arabia’s first tram system will start operating in the city of Dubai to start a new era for Middle East mass passenger transport. Dubai’s Road & Transport Authority (RTA) is racing to ensure trams will be running…
IMF says UAE economy strong, inflation rising, Dubai debts now $142bn
The Article IV consultation staff report on the UAE published on 3 July 2014 says the UAE economy is robust, its surpluses will continue but inflation could hit 5 per cent by the end of the decade. Dubai’s government debts are…
Saudi economy remains robust, surpluses continue: Jadwa
The Saudi economy is continuing to grow robustly and surpluses in the both the budget and the current account will continue in 2014, according to the July economic report published today by Saudi Arabia’s Jadwa Investment. “The economy was robust…
Kuwait inflation nears 3 per cent in May
Kuwait’s annualised consumer price inflation rose to almost 3 per cent in May, according to a report published today by National Bank of Kuwait. “Inflation in the consumer price index rose from 2.7 per cent year-on-year in April, to 2.9…