January 28, 2013
Egypt's Shura Council (upper house of parliament) approved the nomination of Hisham Ramez as governor of the Central Bank of Egypt (CBE) on Sunday.
A former Iranian official has said there was an explosion at an nuclear facility in the country, a claim that the Islamic Republic strongly denies.
Turkey will help the semi-autonomous region of Iraq, Kurdistan, to establish a housing institution similar to the Housing Development Administration of Turkey (TOKİ), local media reported Friday.
Hundreds of angry Egyptian protesters threw stones towards Canal Company for Electricity Distribution branch in the Suez Canal area in Port Said coastal city. One of the buildings of the company caught fire, ONTV reporter said on Saturday.
January 27, 2013
Egypt stocks tumbled Sunday morning as a wave of political unrest hit the country, with violent clashes erupting between the police and security forces in Cairo, Suez, Port Said, Mahala and Alexandria.
Saudi Arabia is considering funding projects in Lebanon, via the Islamic Development Bank.
More than 50 per cent of Iranians plan to invest heavily in the properties in Turkey and the UAE over the next two years, mainly for 'residential purposes,' said a new survey.
Devaluation of currency by certain countries to make them more competitive in the global market has raised fears of a “currency war” — a move that Saudi Arabia says would have a negative impact on the world economy.
Palestinian refugees, who make up approximately ten per cent of the population in Lebanon, will be allowed access to the National Security Fund, according to a statement from the Interior Ministry.
The oil and gas company Exxon, which has operations across the MENA region, has overtaken Apple as the worlds biggest company, after the iPhone-maker's share price dropped.
Morocco suffers a shortage in housing units reaching up to 800,000, an official told Al Arabiya on Saturday.
The Finance Ministry and the Canadian Commercial Corporation signed a memorandum of understanding Friday to boost cooperation in infrastructure and investments.
A delegation of the International Monetary Fund (IMF) is currently on a visit to Tunisia in the context of a technical assistance program related to the tax collection management domain.
January 24, 2013
Computing giant Apple has reported flat profits and record revenues that still fell short of market expectations.
Turkey increased its arms exports by almost 36 per cent in 2012, according to the Turkish Defence Industry Exporters Association.