Britain’s energy regulator Ofgem said on Wednesday it would work with the government on Prime Minister Theresa May’s plan to cap the most common form of gas and electricity tariffs, after it moved to protect the most vulnerable households.
May stunned the industry last week when she announced a plan to impose price caps on standard variable tariffs (SVT), theRead more
Phone companies in Saudi Arabia updated their carrier names on customer phones, ahead of the Kingdom’s national day on Saturday.
Saudi Telecom Company (STC) and Mobily, the two largest phone firms in Saudi Arabia, updated their carrier names on devices garnering praise on Social media.
STC customers now see 'LOVE U KSA’ when they check their phone’s status bar withRead more
Delta is letting employees offer customers nearly $10,000 in compensation to give up seats on overbooked flights, hoping to avoid an uproar like the one that erupted at United after a passenger was dragged off a jet.
United is taking steps too. It will require employees seeking a seat on a plane to book it at least an hour beforeRead more
When did you last cut a cake to mark a special occasion? Chances are you took what you did for granted, oblivious to the fact that the seemingly customary treat could just be out of reach for many others elsewhere.
But thanks to a family-owned patisserie in the capital, you can now not only spare a thought for such peopleRead more
El Jaish wrapped up the Qatar Men's Basketball League title with a 74-65 win over Al Gharafa Friday.
Al Gharafa needed a win to force a title-deciding playoff but El Jaish were determined not to extend their rivals that courtesy, eventually edging them out in a gritty match.
El Jaish claimed the title having won all their 18 matches inRead more
Sale proceeds of the new platinum investment certificates, which were issued by the National Bank of Egypt (NBE) last Thursday, reached more than 30 billion pounds, said Deputy Chairman at National Bank of Egypt Yehia Aboul Fotouh.
In exclusive statements to MENA on Thursday, Aboul Fotouh said that the import operations for customers reached yesterday 65 million dollars.
The networkRead more
Abdul Latif Jameel Machinery (ALJM), a major provider of commercial vehicles, heavy equipment and generator sets in Saudi Arabia, has opened a comprehensive new facility in Jeddah. The state-of-the-art facility will contribute to the growth of the local economy as it complements the country’s Vision 2030.
The inaugural ceremony was attended by Japanese Ambassador Norihiro Okuda, Mohammed Abdul Latif Jameel,Read more
BMW Group sales continued their long-standing upward trend in August with a total of 165,431 vehicles delivered to customers around the world, an increase of 5.7 percent on the same month last year.
This result brings the year-to-date sales total to 1,508,659 — up 5.5 percent compared with the same period last year and the first time ever the companyRead more
The Central Bank of Egypt (CBE) stabilized the US dollar price for banks at 8.78 pounds during an auction on Tuesday.
In statements to MENA, bankers said that the CBE fixed the US dollar at banks for customers at 8.88 pounds.
The CBE auctioned today 120 million dollars to secure clients' need of hard currency to import basic and strategicRead more
Oil prices extended gains in Asia Wednesday on weaker dollar ahead of Fed rate decision, while analysts said the worst of a sell-off that in the beleaguered commodity has likely passed.
A weak dollar has also provided support as it makes crude cheaper for customers using other currencies. At around 0640 GMT Wednesday WTI for delivery in June wasRead more