January 27, 2015
Egypt can expect economic growth "easily north of 4 percent" in fiscal year 2014-15, which ends in June, boosted by rising confidence and a windfall from lower oil prices.
The ratio of engineers to the population in Jordan is among the highest globally, Jordan Engineers Association (JEA) President Abdullah Obeidat said in a statement released Sunday.
January 26, 2015
Dubai's flagship airline, Emirates, is studying whether to cut the fuel surcharge it passes on to customers to reflect recent drops in oil prices, its president has been quoted a saying.
Kuwait-based Al-Nasriyah Company has signed an agreement with Iraqi National Investment Commission (NIC) for the development of a new cargo airport in Diwaniya governorate of Iraq at a cost of $1.35 billion.
Business has been booming recently, albeit with the recent oil price crash the best times are probably now over.
Gold climbed towards a five-month high on Monday as an electoral win by Greece's anti-austerity party sparked fears of renewed instability in Europe.
Iran’s Government Spokesman Mohammad Baqer Nobakht says the administration can run the country with oil revenues below $40 billion in the next Iranian calendar year.
Egypt’s government has sent invitations to more than 6,000 businessmen and 120 countries to participate in the summit.
January 25, 2015
Iran ranked first in the Middle East and 14th in the world in terms of steel production in 2014, the World Steel Association (WSA) said in a recent report.
Germany has decided to stop exporting arms to Saudi Arabia, the German newspaper Bild am Sonntag said on Sunday, citing government sources as saying the kingdom was “too unstable”
The Yokne'am-based company, Amazon's first Israeli acquisition, is building an innovative semiconductor platform.
Dubai real estate giant Nakheel, hit badly during the global debt crisis, said Wednesday its profits surged 43 percent on year in 2014 to $1.0 billion.
He said such recreational drones pose a serious risk to the safety of air navigation as well as passengers, he said.
The crackdown will be the largest operation ever, conducted by the authorities in Kuwait, an official said.
January 24, 2015
Oil prices rose on Friday after the death of Saudi Arabia's King Abdullah added more uncertainty to an oil market that has more than halved over the last six months.