Ramadan: No food price increase in UAE
Accepting no excuse at all, the UAE Ministry of Economy will not approve price increase for any of food commodities from Thursday until the end of Ramadan, Dr Hashim Al Nuaimi, Director of the Consumer Protection Department at the Ministry of Economy told Gulf News warning against price rise and manipulation.
Saudi SAMA considers regulating mortgage rates
Saudi Arabian Monetary Agency (SAMA) is considering new regulations to unify mortgage rates, which all banks and finance companies have to follow.
'Nitaqat cleanup' picks up speed in Saudi Arabia
More than 326,000 foreign workers have so far taken advantage of the grace period to legalize their status, said a senior official at the Passport Department.