The unemployment rate in the GCC reached 8.8 per cent in 2009 and is expected to increase to 10.5 per cent this year, said the report titled 'GCC Unemployment: Sustainable Economies'.
Saudi Arabia, the world's leading oil producer, is planning to invest $80 billion to increase its oil output to 12.5 million barrels per day (bpd) and expand its refining capacity by 43 per cent to six million bpd within the next few years.
India is vigorously pursuing for a free trade agreement with Gulf countries, Finance Minister P Chidambaram said on Monday.
The four million expatriate Indians in the six Gulf Cooperation Council states remit an incredible $5 billion annually, a study shows.
Its promise has fallen short before the onslaught of the votaries of the old order and ruthless extremist forces, notes Talmiz Ahmad.
Squeezing growth prospects in IT services firms and higher compensation in technology centres run by global companies are the two factors driving this trend.
The ICC is expected to contest the claim, which could lead to long-running legal action.
The government allowed qualified foreign investors (QFIs) from six member-countries of the Gulf Cooperation Council (GCC) and 27 countries of the European Commission (EC) to invest in the Indian capital market to enhance foreign capital inflows.
According to Nouveau-Nikolajsen, economic uncertainty and currency fluctuations have led to growth in the global forex market, where the daily turnover is estimated at $4 trillion, three times as much as the rest of the financial markets combined.
Trump, who has launched a slew of lawsuits in key states, but has not provided any evidence to back his claims of fraud, announced on Twitter on Tuesday that he has fired Christopher Krebs, director of the Cybersecurity and Infrastructure Security Agency (CISA) at the Department of Homeland Security.
'NRI interest has gone up in the past three-four years.'
A seven-city European roadshow by the Abu Dhabi Tourism Authority (ADTA) looks certain to reap dividends by the end of the year, even as Emirate plans a similar event in India.
A survey by the Arabian Business weekly magazine shows that Landmark boss, Mr Micky Jagtiani, now has close to $1.5 billion more than his nearest rival in the wealth stakes, New Medical Centre Group boss, B R Shetty, who was second with a $1.72 billion fortune.
Out of the 6,000 retailers showcasing their products, 60 per cent are jewellery retailers.
Hyderabad-based pharma company Aurobindo Pharma, which has plans to emerge as a billion dollar company by 2009-10, is enhancing its presence in Europe by investing $100 million in phases. The company is likely to buy two pharma companies worth Euro 10 million each, open offices in 10 countries and establish a packaging, warehouse and manufacturing hub in Malta.
Foreign nationals from 162 countries ended up buying real estate in Dubai in 2013
The Gulf Cooperation Council will consider a proposal to define a time-frame ceiling for residency of the workers in member states. The proposal says after the expiry of the six year-contract, the worker will go back home to his original country.
There are worrying signs that the resolve to continue adhering to the dos and don'ts of the times -- physical distancing, wearing masks and maintaining hygiene protocol - is flagging. This recklessness, more evident ahead of Diwali, may lead to a resurgence in novel coronavirus infections and stall the progress in curbing the disease, the experts said.
Gulf expatriates are facing the woes of rising costs of living and many are considering job shifts and even migration to manage finances.
The west Asian region remained the top destination for India's consumer electronics goods last year with exports doubling to $175 million in 2005-06, from $90 million of 2004-05.
Commerce and Industry Minister Kamal Nath will inaugurate the Second India-GCC Industrial Conference in Muscat on Friday and will hold discussions with leaders of the five Gulf Cooperation Council countries.
With a view to boost the vibrant pharma industry in the state, Andhra Pradesh government plans to set up mini-pharma cities
The Centre is considering a comprehensive health insurance scheme to cover about 25 per cent of India's poor, who are below the poverty line.
India needs an investment equivalent to 35.1 per cent of its GDP to maintain a growth rate of 9 per cent over the next five years starting this fiscal, commerce and industry minister Kamal Nath said on Tuesday.
While FDI equity flows were $5.5 billion in 2005-06, it increased almost three times to $15.7 billion in 2006-07. We have set a target of $30 billion in 2007-08, Union Minister for Commerce and Industry Kamal Nath said on Tuesday.
BCCI has demanded the $6.5 million World Cup appearance money withheld due to a player contracts dispute.
'Modi has visited all these three countries (the UAE more than once, inexplicably) but has left out Kuwait and Oman, the two Gulf countries that are closest to India in their political, cultural and civilisational ethos,' notes Ambassador M K Bhadrakumar.
Christmas is a perfect time for most NRIs to travel back to India and include property buying in their schedule. Ahmedabad, Kochi, Ludhiana and Chandigarh are some cities that witness generous investments from NRI investors.
The European Commission will propose scrapping tariffs on jet fuel imports starting January 1, an official said on Friday.
General Naravane's UAE and Saudi Arabia visits communicate India's long awaited arrival in the domain of integrated foreign policy where the diplomatic and the military domains both complement each other much more substantially, observes Lieutenant General Syed Ata Hasnain (retd).
The number of recoveries also surged with 2,48,189 patients cured so far, while there were 1,78,014 active cases, according to the updated official figures at 8 am.
The new ICC chief said India had agreed to the contract with the GCC.
Last year, there was almost 16 per cent increase in hiring by the Global Capability Centres in India.
Tata Motors is India's largest automobile company, with consolidated revenues of Rs 1,65,654 crore (Rs 1.65 trillion)
The Bill says that the central government, in consultation with the Data Protection Authority, can direct any data fiduciary or data processor to provide non-personal data to enable better targeting of delivery of services. The government can also ask data processors to provide data for formulation of evidence-based policies for its own use.
Shubhankar Sharma's magnificent year continued as the Indian grabbed a spot in next week's US Open Golf Championships with a solid display of 69-68 in the qualifiers, in Columbus.
Enabling labour to become more globally mobile can produce higher remittances with powerful 'brain gain' dividends.
Indian embassy in Saudi Arabia has issued as many as 92,000 emergency exit certificates by end of the first phase of grace period for those affected by labour law 'Nitaqat', Ambassador to the Kingdom Hamid Ali Rao said on Thursday even as India was in discussion with the country to streamline the visa regime to check fraudulent contractors.
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