Main headlines

August 2, 2011

Saudi Arabia
07:40 GMT

The Saudi real estate sector is the next candidate to receive government spending and legislative changes.

August 1, 2011

Palestine
07:44 GMT

According to the Palestinian Authorities, a resolution for recognition of statehood will be submitted to the General Assembly of the UN in September 2011.

July 31, 2011

Investment
07:24 GMT

An annual report showed that the Group of Arab States attracted investments of about $64.3 billion dollars over the past year compared to 83.9 billion dollars in 2009.

July 28, 2011

Saudi Aramco
11:31 GMT

Saudi Aramco has launched the Karan offshore gas field.

July 27, 2011

Dubai stock market
06:53 GMT

Dubai stock market is down by AED2 billion (US$544 million).

July 26, 2011

The 5,600 km pipeline will convey gas produced in Iran to Iraq, Syria, Lebanon, and the Mediterranean Sea before reaching Europe
07:30 GMT

Oil ministers of Iran, Iraq and Syria have recently signed a Memorandum of Understanding (MoU) for the construction of a shared gas pipeline.

July 25, 2011

Experts believe the cancellation of privatization would negatively impact the investment climate and give a bad impression about business in Egypt
07:36 GMT

The Egyptian government has decided to cancel privatization of the business sector.

July 24, 2011

Syrian Vice President, Farouk al-Sharaa, released the government’s dirty laundry by accusing former Prime Minister, Mohammad Naji al-Otari, of manipulating the economic growth rates
07:49 GMT

The situation in Syria has worsened to the extent that senior figures in the government are exchanging accusations over economic growth figures.

July 21, 2011

The Saudi-Egyptian bridge would be the first time Arab states in North Africa would have a direct road link with Arab states in the Middle East since the establishment of Israel in 1948
07:39 GMT

News that Egypt and Saudi Arabia plan to build a bridge spanning the Red Sea made the rounds today.

July 20, 2011

According to the Ministry of Economy, 35,000 Emiratis are unemployed. Of those employed, only 7% work in the private sector
07:37 GMT

Sources within Abu Dhabi announced that large numbers of foreign employees have been laid off in order to reduce costs and to help employ the Emirati youth.

July 19, 2011

The Saudi investment will support plans to improve the quality of the Jordanian Central Electric Station
07:57 GMT

A member of the World Bank Group will invest about $10.5 million to support a leading Saudi energy company to acquire 51% of the Jordanian Central Electricity Generating Company.

July 18, 2011

Children between the ages of 15 and 17 make up 46% of the total child labor market in Egypt, where the percentage of girls reaches 21%
07:10 GMT

According to the head of the Egyptian Central Agency for Public Mobilization and Statistics, the volume of child labor in Egypt is as high as 1,594,000.

July 17, 2011

Saudi citizens are blaming the Ministry of Commerce for the sharp rise in prices ahead of Ramadan
11:47 GMT

Shoppers in Saudi Arabia have seen a rapid rise in inflation in the month before Ramadan.

July 14, 2011

Economic experts note the current crisis in Yemen has greatly impacted the Yemeni economy, especially the banking organizations
07:16 GMT

Most of Yemen's commercial banks have ceased all activities and many employees have been laid off, due to the deteriorating situation in the country.

July 13, 2011

The Saudi government has finally realized the critical role of women in the workplace
07:14 GMT

Saudi Arabia’s labor ministry issued new laws affecting women at the workplace.