Main headlines

March 13, 2013

 Denmark's Maersk – the world's largest container shipping company has chosen the Suez Canal over its Panamanian counterpart
11:57 GMT

Starting in April, Copenhagen-based Maersk shipping company will begin using Egypt's Suez Canal – rather than pricier Panamanian counterpart – for all voyages between Asia and US east coast.

Iran has reportedly blocked so-called 'VPN' access to Google and a host of other popular websites
11:26 GMT

Iran has reportedly blocked many foreign-based virtual private networks, or VPNs, severely restricting access to many websites.

Trade between Jordan and Syria has come to a standstill against the backdrop of escalating violence in southern Syria (Image Jordan Times)
11:25 GMT

The ongoing violence in Syria has cripples the country's economy, with agricultural imports from Jordan being frozen after the border was closed on Tuesday.

Women make up over half the population but are under-represented in the workforce (Jordan Times Photo)
10:42 GMT

The Jordanian government has criticised companies for failing to provide childcare facilities to their female staff.

Egyptian stocks took a tumble on Tuesday over more concern regarding a  $4.8 billion loan from the IMF
09:20 GMT

After several days of gains, Egypt's stock market lost ground on Tuesday, with main EGX30 index losing 1.05 percent with fears growing over a $4.8 billion loan from the IMF.

Libyan oil and gas supplies are secure, according to the head of the Italian company, Eni.
09:07 GMT

Libyan oil and gas supplies are secure, according to the head of the Italian company, Eni.

Student protestors in Beirut call for a delayed wage hike to be pushed through parliament ( Photo Daily Star/Mohammed Azakir)
07:31 GMT

Union protests that have engulfed the capital could soon disrupt air and sea travel in Beirut.

The World Bank is to extend financing to SMEs in Jordan
07:24 GMT

The World Bank will extend a low interest, long-term $70 million loan to Jordan in order to facilitate the financing of microprojects and small and medium enterprises (SMEs).

Egypt has refused emergency credit from the IMF
03:33 GMT

Egypt will not accept an emergency loan from the International Monetary Fund (IMF), Minister of Finance El-Morsi El-Sayed Hegazy announced during a press conference on Tuesday.

March 12, 2013

Dubai continues its rebound from the financial crisis with deluxe property boom
13:22 GMT

Dubai is keeping it deluxe as villas shot up in value by 20 percent last year, signaling that the local market is rebounding since the financial crisis pinched the property sector.

The US support Lebanon's plans for offshore oil explorations
12:44 GMT

The United States supports Lebanon’s efforts to move forward on oil exploration, Lebanese Energy Minister said on Tuesday.

A World Bank report says that Israel is continuing to harm the Palestinian economy
11:35 GMT

Israel's system of checkpoints and restrictions in the occupied West Bank inflicts long-term damage on Palestinians' ability to compete in the global market, the World Bank said in a report on Tuesday

Iran and Pakistan have launched a bilateral gas pipeline, despite US concerns
11:25 GMT

Iranian media announced Monday that Pakistani President Asif Ali Zardari arrived on the border to launch the construction of a bilateral gas pipeline, despite strong US opposition.

Egypt's tourist industry is reeling after years of political unrest (Photo Getty)
10:51 GMT

The CST has reacted with alarm to the prosecutor-general's call for Egyptians to make citizens' arrests, citing tourist fears.

Domestic workers in Jordan are to have their working hours reduced
09:47 GMT

Domestic workers in Jordan have had their working hours reduced, from 10 to eight hours, the Labour Ministry announced yesterday.