Main headlines

April 30, 2013

The unemployment rate in Palestine hit 23 per cent, according to the statistics bureau
11:10 GMT

Marking Labor Day, which coincides on May 1, the Palestinian Central Bureau of Statistics (PCBS) said Tuesday that unemployment rate in Palestine in 2012 was 23%, or 256,000 people were unemployed.

Saudi Arabian visitors to of Ras Al-Khaimah make up a significant  proportion of the Emirate's tourism industry
10:52 GMT

Visitors from Saudi Arabia represent a small but high value and fast-growing proportion of the small Emirate of Ras Al-Khaimah's tourism sector, according to officials.

The tie-up between Egypt and Turkey's stock exchanges is due to be completed by September
10:46 GMT

A link-up between Egypt's and Turkey's stock exchange is projected to be finalised by the end of September 2013, Mohamed Omran, the head of the Egyptian bourse said Monday.

Tourism between the UK and the UAE is on the increase
09:22 GMT

Despite Monday's sentencing to three British tourists in Dubai, tourism between the UK and UAE is flying.

Electricite du Liban deny that poor quality fuel is the reason for the powership moored off the coast of Lebanon to stop working
09:10 GMT

Fuel provided to a Turkish electricity barge was up to standard, despite rumors that substandard fuel had caused the powership moored off the coast of Lebanon to

Egypt is likely to accept proposed interest rates on Qatar's bond-buying
08:41 GMT

Egypt is likely to accept the five per cent interest rate that Qatar has request for the $3 billion worth of treasury bonds

Jordan's food importers have placed orders ready for "exceptional" demand
08:08 GMT

Food importersin Jordan on Monday said they have placed large orders to meet an anticipated "exceptional" increase in demand during the fasting month of Ramadan.

Kuwait is to part-fund the redevelopment of Egypt's railways
03:38 GMT

After several high-profile accidents on Egypt's railways, notorious for years of chronic under investment, Kuwait has said it will fund some redevelopment of the outdated signalling system.

April 29, 2013

Migrant workers in Lebanon rallied for improved working conditions on Sunday
12:44 GMT

Hundreds of migrant workers marched in Beirut Sunday to demand rights and the eradication of the country’s slavery-like sponsorship system.

March saw an increase in the number of visitors to Petra in Jordan, statistics reveal
11:06 GMT

The numbers of people visiting the ancient city of Petra in Jordan rose in March, compared to the same period in 2012.

The UK is to help set up a specialized recovery team for Arab Spring related assets
10:37 GMT

Britain is to set up a special task-force to return stolen assets that belong to so-called 'Arab Spring' countries, according the country's Middle East affairs minister, Alistair Burt.

Egypt's chief negotiator with the IMF has quit, in a fresh blow to the long-running talk
09:25 GMT

Egypt's chief negotiator with the IMF, and the country's deputy finance minister, has quit.

Negotiations over Qatar's loan to Egypt are rumbling on
08:41 GMT

Qatar's loan to Egypt, in the form of bond-buying, is yet to materialize as negotiations continue over proposed interest rates.

The Association of Banks in Lebanon will comply with any sanctions imposed after two firms were accused of money laundering and financing Hezbollah
08:18 GMT

The Association of Banks in Lebanon said over the weekend it would comply with any sanctions imposed by the U.S. Treasury after two Lebanese money exchange houses were designated as a primary money-laundering concern.

Gold prices hit a one-week high in early trading
08:17 GMT

Gold prices today rose by more than 1 percent during early trading in Singapore, hovering near their highest in more than a week amid strong demand for bars, coins and nuggets.