January 29, 2013
International tourist arrivals surpassed one billion for the first time last year, with the Asia-Pacific region posting the biggest increase in foreign visitors, and numbers will rise further in 2013, a UN body said Tuesday.
Qatar plans to issue local currency sovereign bonds with three and five-year maturities in 2013, reported Reuters, citing an IMF official.
Foreigners in Dubai are allowed to create partnerships between themselves without the need to have Emirati sponsors but on condition that they must finance their projects through minimum of $2.7 million capital inflows,
Libya and Tunisia are to create a shipping lane between the two north African countries, the Libyan Transport Ministry announced last week in Tunis.
Enforcing copyright protection laws is critically needed to attract investments, Lebanon's economy minister said Monday.
The Sultan of Oman, Qaboos Bin Saeed, has urged Omani citizens to put an end to 'proxy trade’ that he warned harms the country’s economy.
A business delegation from Iraqi Kurdistan is considering boosting economic ties with Lebanon’s second-biggest city Tripoli.
Migrant workers in Saudi Arabia are involved in industrial action causing their respective embassies to intervene and negotiate with their employers.
Jordan’s Egyptian gas supplies have dropped to one-third of their normal levels, officials say, prompting fresh concern over the security of the country’s primary energy source.
Egyptian shares slipped further on Monday as clashes in different governorates continued for the third consecutive day.
January 28, 2013
Iran is cutting off oil and natural gas exports to European countries until further notice, a spokesman for the Iranian Oil Ministry said.
Lebanon's third-largest banking institution, Byblos Bank, posted a 5.9 percent year-on-year drop in profits in 2012.
Libya's National Oil Corporation (NOC) has chosen its gas suppliers for 2013 as the country doesn't have enough refining capacity to meet national demand.
Kuwait and Iraq have signed a deal for oil exploration, development and production in Basra's so-called "Block 9" area.
Egypt is not planning to raise its top income tax bracket rate above 25 per cent, Osama Tawakol, the deputy finance minister, said on Sunday.