August 27, 2014
Byblos Bank/AUB Consumer Confidence Index improved marginally in January and February, picked up pace in March and April, and regressed in May and June 2014.
Children’s new bedtimes for school are keeping families away from entertainment venues, leading to a sharp dip in revenues following an extravagant 100-percent occupancy rate during Ramadan and Eid.
Bahrain's Gulf Finance House Wednesday signed a $105 million deal with Kuwait Finance House in the wake of the global finance crisis, which hit the Middle East.
Dubai’s impressive average spending power of Dh53,000 ($14,400) per household per year has seen the retail sector riding a wave of growth to reach record figures, a report said.
August 26, 2014
Abu Dhabi's Adnoc Distribution has bought 34 Emarat service stations and a fuel depot in Sharjah.
A large portion of South Sudan's annual budget is spent on salaries and operational costs with very little on development projects, a local think tank said in a policy paper.
The Jeddah Chamber of Commerce and Industry is hosting a program for training Saudis with high school education or less in coordination with public and private sector agencies.
Figures for construction permits being issued in Beirut dropped slightly by 0.2 percent in 2014. Numbers varied for other cities and towns across Lebanon.
Abu Dhabi has seen a huge rise in Chinese visitors in H1 according to the Abu Dhabi Tourism & Culture Authority following a Chinese Visitor Summit in the Emirate.
Oman's crude oil exports to China have continued to soar amid the economic giant’s rising demand for energy and its increasing reliance on Middle Eastern oil supplies.
Saudi investments in the Sudan are expected to cross $13 billion (SR48.75 billion) in the next few months, particularly following a decision on canceling entry visas for Saudi investors.
The UK's top construction firms have won infrastructure contracts worth $1.65 billion to build roads, hotels, museum projects and drainage networks for World Cup 2022 in Qatar.
August 25, 2014
Dubai's Specialist Services won a contract from Petrofac to build local equipment and control rooms for its Island Surface Facilities Project.
They say it's a sign of good hospitality when you offer visitors a cup of coffee! Saudi Arabia is the largest coffee consuming country in the world with an industry worth $267 million.
World Bank figures showed a decrease in the cost of sending remittances for the U.S. to Lebanon at 10.19 percent in Q2.