Austerity and Job cuts started to bite UAE
by Khalid Bhatti 23/05/2016 Thousands of jobs under the axe Abu Dhabi’ National Oil Co (ADNOC) which has around 55,000 workforce wants to reduce 5000 jobs till Dec 2016. ADNOC…
Tag: Gulf States
How long Saudi Arabian economy can survive the lower oil prices?
By Khalid Bhatti 06/05/2016 Will the diversification drive revive the ailing economy? Many experts and commentators are debating the all important question that how the Saudi arabian economy is going…
Gulf States Plan Aid Package for Bahrain, Oman
MANAMA, Bahrain—Gulf officials are planning an economic aid package for Bahrain and Oman, a Bahraini official said Thursday, in an effort to support the two countries in the oil-rich region…