Updated January 4, 2010 Dubai Before November 2008 Dubai in 2009 Dubai companies given “junk” status Al Jazeera, Jan 4, 2010 Standard & Poor, an international ratings agency, said it has cut the credit ratings of six Dubai government-linked companies to junk status. S&P said on Thursday it has taken the move as the likelihood of […]
March 24, 2008
Arab News JEDDAH, 23 March 2008 — Prices of essential commodities and house rents have increased by 30 to 50 percent, prompting Saudis and expatriates to call for government intervention to curb the unprecedented phenomenon and for increasing their salaries to cope with the situation. “The government should stop the monopoly of big companies that […]
"Let there be no compulsion in religion. Truth stands out clear from error; whoever rejects evil and believes in God has grasped the most trustworthy hand-hold that never breaks. And God hears and knows all things." - (The Qur’an, Al-Baqarah, 2: 256)
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March 18, 2009
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