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Resort Hotel at Raouche in Beirut, Lebanon (Shutterstock/JPRichard)
February 19, 2017 - 12:42 GMT
Lebanon's tourism minister is hopeful that the country will see the fruits of President Aoun's recent visit to the Gulf states, Egypt and Jordan, in terms of higher visitor numbers.
In 2016, Brazilian exports to the countries of the GCC – Saudi Arabia, United Arab Emirates, Kuwait, Qatar, Bahrain and Oman – totalled $6.04 billion, and the imports were $2.66 billion. (Shutterstock)
February 19, 2017 - 11:00 GMT
The meat and poultry sector is one of eight dedicated segments now housed within Gulfood, the world’s largest food and hospitality trade platform in Dubai.
Many of the reserves and energy facilities are located in the country’s south which has been hit by a wave of sandstorms in recent years. (File photo)
February 19, 2017 - 10:00 GMT
National Iranian Oil Company has revealed that a dozen new fields discovered over the last four years contain 4.7 billion barrels of recoverable oil.
Lebanon consumes $1.3 billion in medicines and drugs annually, but only 7-10 percent of these pharmaceuticals are produced locally. (Shutterstock)
February 19, 2017 - 09:00 GMT
In Lebanon and the MENA region, foreign-made drugs are given more priority and attention over locally produced medicines.
After introducing the new levy, exchange houses were passing on the burden to customers. (Shutterstock)
February 19, 2017 - 08:00 GMT
Oman's new customs duty on imported bank notes, which raised the value of foreign currencies against the Omani rial, has been withdrawn after four days of implementation.
Visitors go through security at Sharm El Sheikh airport. (AFP/File)
February 19, 2017 - 07:00 GMT
Cairo has improved most security aspects providing for safe Egypt-Russia flights, but Moscow believes that a few details remain problematic, according to a Russian parliamentarian.
Morgan Stanley is also expected to be a global co-ordinator and bookrunner on the Aramco listing. (File photo)
February 19, 2017 - 06:00 GMT
JPMorgan, Saudi Aramco’s longstanding commercial banker, is in pole position to be a global co-ordinator and bookrunner for the planned sale of a 5 per cent stake in the Saudi oil giant in 2018.
Both Trump sons lauded the close, friendly relationship that Sajwani has had over the last several years with the Trump family and the Trump Organization. (Khaleej Times)
February 19, 2017 - 05:00 GMT
The Trump International Golf Club Dubai is the American president's first golf course in the Middle East and the first property to be opened since his inauguration.
Bill Gates at the World Economic Forum in Davos 2017.  (AFP/Fabrice Coffrini)
February 16, 2017 - 13:30 GMT
In a video message, Bill Gates cites positive developments in the Middle East for his optimism about the future.
Among the GCC countries,The UAE was ranked first on the list; Qatar 29th; Bahrain 44th; Kuwait 61st; Saudi Arabia 64th and Oman 82nd.  (Shutterstock)
February 16, 2017 - 12:30 GMT
The Heritage Foundation's Index of Economic Freedom ranks 186 countries on economic measures such as rule of law, government size, regulatory efficiency, and the openness of markets.
Small fishing boats in Mirbat, Dhofar, Oman. (Shutterstock/JurateBuiviene)
February 16, 2017 - 11:30 GMT
Although 99 per cent of Oman’s fisheries sector is still artisanal, its fisheries are just a few steps away from becoming a world-class competitive industry, according to a World Bank environmental specialist.
The commercial launch of iflix’s internet TV service across the MENA region is planned for Q2 of 2017.  (Trade Arabia)
February 16, 2017 - 10:30 GMT
In cooperation with Zain, iflix will bring a range of TV shows and movies with Arabic and English subtitles to MENA customers.
The project is designed to cater to the needs of different income groups and family sizes and is being implemented in partnership with the private sector. (File photo)
February 16, 2017 - 09:30 GMT
The Sakani programme is part of efforts to allocate homes and financial assistance to 280,000 families by the Saudi Arabia’s Ministry of Housing.
There is a consensus among the GCC countries for taking action together in case of a dumping attempt by a foreign company. (Shutterstock)
February 16, 2017 - 08:30 GMT
Ahead of a GCC-wide initiative to introduce protectionist tariffs, the Omani government has formed a special committee to study the practice of dumping.
Once a net gas exporter, Egypt has turned into a major importer in recent years as growing domestic demand outstripped production. (File photo)
February 16, 2017 - 07:30 GMT
EGAS chief Mohamed Al-Masry has announced that the country expects private sect imports to replace government gas imports for the domestic market by 2018.
The IMF has urged the Lebanese government to look for new alternatives to reduce the mounting public debt.  (File photo)
February 16, 2017 - 06:52 GMT
There is a consensus among Lebanon's main political parties to endorse the budget before the parliamentary elections, but the issue of taxes is still point of contention.