Main headlines
May 5, 2013
Global aviation industry giants will be in Iraq this September to attend a major industry event and also tap the vast growth potential in the country's burgeoning aviation industry which is witnessing massive investments to the tune of $150 billion, said experts.
Sub-Saharan Africa has been experiencing strong growth in recent years, which is expected to continue. This boom creates an opportunity for GCC corporations and investors, according to QNB Group, as the region is well endowed with resources and people, but largely lacks the capital needed to fund its development.
The Deloitte Technology, Media and Telecommunications (TMT) Predictions 2013 report was launched at Dubai Media City, revealing the emerging issues that will impact the TMT industry in the coming year.
UAE bank customers are less likely to stick it out with one bank compared to their peers in other markets due to stiff competition in the banking industry.
May 2, 2013
Egypt's financial regulator quashes a much anticipated deal on EFG Hermes with Qatar's QInvest, citing the latter's inexperience
Fuel prices fell again in Lebanon, according to the Energy and Water Ministry.
Qatar Airways become only the second airline in the world to resume operations with Boeing's troubled 787 Dreamliner.
The value of the advertising business in the Arab world is forecast to top $5 billion this year, propelled by strong growth in the online market, according to Deloitte.
Speculation on the dollar in Egypt is leading to a boom in the black market trade of the dollar.
Shell has been awarded what is probably the largest contract ever for a UK company in the United Arab Emirates with the Anglo-Dutch oil giant set to invest huge sums to develop the Bab sour natural gas field for local energy requirements.
As the world marked Labour Day on Wednesday, Jordan's Labour Ministry said it continues its efforts to organise the labour sector with inspection campaigns to detect illegal guest workers.
The social media giant Facebook reported on Wednesday a massive boost in mobile advertising revenue, which could go a long way in easing fears from investors over the Menlo Park company’s future growth.
Wheat shipment arrived in Egypt's port city of Alexandria on Wednesday.
The sovereign Islamic bonds law passed by Egypt's Shura Council Tuesday is expected to boost economic growth and employment figures, according to Ahmed El-Naggar
May 1, 2013
Yemen confirmed on Tuesday a lucrative oil-pipeline in the east of the country was attacked.
