November 24, 2013
Bahrain's Gulf Air's restructuring plan has reportedly paid off as third-quarter profits keep airline on track to achieve its annual targets.
In December, Kuwait Airways dropped legal cases against Iraqi Airways in return for compensation of $500 million.
Saudi Arabia announced Sunday that it will spend $187 billion over the next 20 years in infrastructure projects.
Qatar National Bank has given the government of Tunisia $500 million to support its foreign currency reserves as the north African country faces growing pressure from the World Bank and the IMF to cut its budget deficit.
The United Arab Emirates is now ranked 33rd globally for its Information and Communications Technology (ICT) development, representing a 12-place increase for the Gulf country.
Traveling to the Middle East on the cheap just got easier! Recent reports show that economic airlines in the Middle East have are experiencing 25 percent annual growth.
Abu Dhabi has decided to scrap a five per cent cap on annual rent increases, the emirate’s top decision making body said, opening up a property sector where many are paying below current market rents.
If Dubai wins Expo 2020, 76 per cent of respondents expect a positive or significant impact on the real estate sector while only 11 per cent would expect a limited impact on market pricing
November 21, 2013
Hydrogen cars are appealing because unlike electric vehicles, they have the range of a typical gasoline car and can be refueled quickly.
Iran exported $5.6 billion worth of goods to Iraq in the first half of the current Iranian calendar year, which began on March 21, the chairman of Iran-Iraq joint chamber of commerce said on Wednesday.
The UAE has the most attractive tax framework in the world and the least demanding, according to a report by the World Bank Group and PwC.
Jordan's government is planning to hire more medical cadres and teachers next year in response to rising demand-and pressure-on health and educational services due to the growing influx of Syrian refugees.
At the closing plenary of the World Economic Forum, UAE's Minister of Economy said that political instability in the Middle East North Africa (MENA) region will challenge economies worldwide.
Saudi-Chinese trading escalated to $73 billion in 2012, reaffirming KSA's position as the biggest trade partner of the east Asian country for the past ten years.
Etihad is set to acquire a 24% stake in India's Jet Airways