Main headlines

October 25, 2012

Google is expected to announce the updated version of its Nexus  7 tablet
11:47 GMT

Google is looking set to launch its rival to the hugely popular iPad, as the company desperately seeks to gain a foothold in the competitive tablet market.

Airlines are seeing a huge rush for the final seats before Eid as prices soar
11:33 GMT

Heavy rush for seats has pushed up airfares in some sectors with Doha International Airport seeing busy traffic, mostly outbound, with many residents flying out during the Eid al-Adha break

A bad Eid for Beiruti business owners after the Sassine square bomb
11:24 GMT

Shopkeepers and merchants in Beirut lamented what they said was an unprecedented decline in business during Eid al-Adha, as shoppers confined their purchases to bare necessities two days ahead of the Muslim holiday commencing Friday.

The UAE is sitting pretty in the eyes of the World Bank
09:24 GMT

The UAE has improved its ranking in the World Bank’s Doing Business 2013 report to 26, up from 33 last year, in news that will please investors, despite the UAEs hubris over claims it is "immune" from global shocks.

Israeli police have stopped a protest outside an Israeli supermarket near Ramallah
09:15 GMT

Israeli police Wednesday used force to disperse some 100 Palestinians and international activists who were protesting at the entrance of the Israeli supermarket chain, Rami Levi, outside a settlement north of Ramallah.

The Egyptian stock market see a pre-Eid boost on positive news on the IMF visit
09:00 GMT

Egyptian stocks leapt back into the green on Wednesday in the last trading session before the Eid Al-Adha holiday, encouraged by an impending visit from the International Monetary Fund.

Workers at the Ain Sokhna have agreed to end their two-week long strike
08:27 GMT

Workers at the Egyptian port of Ain Sokhna have agreed to end a two-week strike after management bowed to their demands to reinstate several colleagues.

Saudi Airlines have transported 300 Syrians to Jeddah in time for Hajj
05:00 GMT

A Saudi Airlines plane, the last to transport pilgrims for Hajj, carried 300 Syrian pilgrims to Jeddah after the kingdom facilitated their visa procedures in Beirut. The company added one more flight to their schedule to transport the pilgrims to Jeddah in time.

October 24, 2012

Contracts on oil fields in Iraq are being extended
14:14 GMT

WorleyParsons has been awarded a USD 90m contract extension by BP Iraq to continue providing Engineering, Procurement and Management services to boost production from the super-giant Rumaila oilfield in Southern Iraq.

Foreign Direct Investment in the rise in Egypt
14:08 GMT

Foreign direct investment in Egypt has made a partial recovery following last year's uprising, with inflows hitting $2.5 billion in the first half of 2012, a United Nations report said on Tuesday.

Jordan is planning to launch he government’s controversial proposal to lift fuel subsidies
13:08 GMT

Jordan is planning to launch he government’s controversial proposal to lift fuel subsidies, according to an official, as the new Prime Minister desperately seeks to allay the fears of the IMF.

Protests banned as oil prices slip up in Kuwait
12:42 GMT

As Kuwait witnessed its largest ever protest against the government, and the subsequent banning for groups of more than ten people congregating, crude oil price slips in a worrying sign for the government.

Small mercies for Lebanon'c Central Bank boss Riad Salameh, as there is no sign of a currency flight after the Achrafieh bombing
10:35 GMT

The financial markets in Lebanon remained calm Tuesday and the country’s currency remained relatively stable despite a series of security incidents following Friday’s assassination of Brig. Gen. Wissam al-Hasan.

Morsi is trying to stamp out smuggling in Egypt
10:26 GMT

Misr Petroleum faces a second smuggling scandal in a week following the arrest of seven employees allegedly involved in a petroleum smuggling operation in Sinai.

Phil Schiller, Apple Senior Vice President of Worldwide product marketing, with the new  iPad Mini
09:18 GMT

Apple has unveiled a mini version of its iPad in a move which sees the company trying to muscle in on the market for cheaper tablets, and a range of other products on typical fashion at an event in San Jose, California.