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Slow down on the road for a safer holy month

  Dubai / Emirates Business The award-winning UAE road safety campaign, A Safe Ramadan, is returning with an ambitious target to help drivers reduce accidents throughout the Holy Month. Al Nabooda Automobiles, the exclusive distributor of Porsche, Audi and Volkswagen in Dubai and the Northern Emirates, has underlined its commitment to the community by becoming a main sponsor of this ...

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Saudi non-oil private sector shows an upward trend

  Riyadh / Emirates Business Saudi Arabia’s non-oil private sector looked to be in good shape midway through the second quarter, as business conditions improved to the greatest extent since last November. Both output and new orders rose sharply in May, with the rate of expansion in the latter picking up to a five-month high. Companies raised their input buying ...

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Morocco aims for flexible currency system in 2017

  Reuters Morocco is aiming to introduce a flexible exchange rate system in the early part of 2017, its central bank governor said on Sunday. “We are considering the move currently from fixed exchange rate to a flexible exchange rate,” Abdellatif Jouahri told reporters on the sidelines of an Arab finance ministers event. Jouahri said the country would work with ...

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