Recent

Egypt's PM hopes that the debt will “at least [be reduced] to a very reasonable” level by the end of year. (Shutterstock)
February 11, 2016 - 07:30 GMT
Delayed payments to gas and oil companies stem from 2011, but half of the $6.3B has already been repaid in the last two years.
Bahrain's Health Ministry hopes that the higher pirces will provide a financial incentive to quite smoking and alcohol. (File photo)
February 11, 2016 - 06:45 GMT
Import taxes on tobacco in Bahrain has jumped from 100 to 200 percent, while imported alcohol duty is now 225 percent from 125 percent.
In December 2015, 72 contracts were awarded for projects for the Expo 2020 in Dubai. (Twitter)
February 11, 2016 - 05:28 GMT
With the decline of oil prices is forcing GCC countries to look for alternative options to meet the costs of ongoing infrastructure projects, enter PPPs.
The SCTNH is attracted to Morocco's long-term experience in working with rural populations while boosting tourism. (Trip Advisor)
February 10, 2016 - 14:00 GMT
As Saudi Arabia looks for ways to boost tourism, it is turning to Morocco for their expertise.
A fall in Russian visitors to the UAE has dented the airline's profits. (File photo)
February 10, 2016 - 13:30 GMT
Despite increased passenger numbers, profits from Dubai's second largest airline dropped from Dh240M to Dh100.7M due to 'challenging business conditions'.
The exclusive multi-year output deal with Gulf Film will bring films such as Dirty Grandpa, starring Zak Efron and Robert DeNiro, to OSN screens. (Scoopnest)
February 10, 2016 - 13:00 GMT
Movie-lovers can now have the best of both worlds as OSN and Gulf Film have signed a six-year exclusive partnership through 2021 for premium film content.
The IPOs are expected to relate to the retail and food sectors. (File photo)
February 10, 2016 - 12:00 GMT
Beltone's acquisition by Naguib Sawiris and two former ministers has prompted a new change in investment strategy.
PM Netanyahu and EU foreign policy chief Mogherini during their meeting in Jerusalem, May 20, 2015. (AFP/Dan Balilty)
February 10, 2016 - 11:00 GMT
Quiet diplomatic efforts are underway to restore relations after the fallout stemming from the EU decision to label goods made in West Bank settlements.
In 2015 the airline issued a record shareholder payout, settled all loans, grew the operating profit, increased the net profit, and attracted more passengers. (Airways News)
February 10, 2016 - 10:00 GMT
Kuwait's airline has moved out of a $9M loss, thanks in part to divestment of its fully-owned leasing business.
Some developers also tend to hold back completions to avoid flooding the market. (Gulf Insider)
February 10, 2016 - 09:15 GMT
Approximately 70 percent of 26,000 units in Dubai will not be completed as planned, due to financial issues or contractual disputes.
Day One of IFIF examined the transformative impact of social media on banking. (Mapcarta)
February 10, 2016 - 08:26 GMT
Over 200 delegates from across MENA are meeting in Sudan to discuss trends in Islamic finance and how it can be used to spur economic growth across the region.
The new agreement adds Germany, Italy, Spain, Turkey and Britain to Mobily's list. (Yanbutoday)
February 10, 2016 - 07:02 GMT
Saudi Arabia's Etihad Etisalat Mobily has signed an agreement with Vodafone that will permit roaming in 21 countries.
The twinning project will make a significant contribution to the business environment. (File photo)
February 10, 2016 - 06:19 GMT
The 18-month project will be carried out in cooperation with the Netherlands and Sweden to create a buildings database using modern technologies.
Egypt relies on the Nile as its main source of water but Ethiopia believes wants to use the water to generate electricity for development. (Twitter)
February 10, 2016 - 05:08 GMT
After nearly a dozen tripartite talks between Egypt, Sudan and Ethiopia, progress is finally being made in selecting the consultancy firms.
Lebanon is host to about 1.1 million Syrians registered with UNHCR who have arrived since the onset of the country’s civil war in 2011. (Wikimedia Commons)
February 09, 2016 - 14:00 GMT
The United States has pledged an additional $133M for humanitarian assistance in Lebanon, while $290M will be used for education in Lebanon and Jordan.
Whilst there is a significant Muslim community in Malta, it was not the main contributing factor in deciding to launch the Index. (Malta Today)
February 09, 2016 - 12:39 GMT
The Malta Stock Exchange hopes to attract halal companies that have not previously listed with the exchange.