Main headlines

December 3, 2014

The Prime Minister said he would not tolerate opposition within the government and will call elections.
04:55 GMT

Prime Minister Benjamin Netanyahu has fired Minister of Finance Yair Lapid and Minister of Justice Tzipi Livni.

December 2, 2014

“The cabinet stressed that the Kingdom’s oil policy is emanating from economic fundamentals,
16:36 GMT

Saudi Arabia said on Monday that its oil policy was based on economic principles, as speculation continued to swirl after last week’s OPEC meeting of political motives aimed at other producers.

Jordan, which is the largest producer of digital games in the region, contributes about 60 per cent of the games developed in the Middle East.
16:22 GMT

Sony Mobile is interested in cooperating with Jordanian game and app developers and boosting their skills.

The regional projects tracker said for Qatar’s project market, the outlook from now to 2020 is extremely strong.
16:06 GMT

Driven by FIFA 2022 and Qatar National Vision 2030, the country’s “active projects market” has been estimated at $285bn.

Time is the most important but under-appreciated variable in analysis and forecasts of commodity markets.
05:55 GMT

Sluggish demand growth in response to the quadrupling of prices between 2002 and 2012 is at least as a big a challenge for the group.

December 1, 2014

Saudi Arabia has introduced new rules that aim to further liberalise the country’s healthcare sector.
23:45 GMT

Saudi Arabia’s healthcare market, although growing steadily, has been largely restricted by local ownership rules

96,599 Kuwaiti tourists have visited so far this year compared to 66,714 tourists during the same period in 2013
23:33 GMT

8,197,917 tourists visited Egypt during the first 10 months of 2014.

The feature, called "app graph," will allow the company to see what other applications users may have installed on phones or other devices.
16:52 GMT

Twitter will begin tracking what third-party apps are installed on users' mobile devices.

The carrier says onboard Wi-Fi is available on all 53 A380s and on 28 Boeing 777s, which serve six continents.
16:16 GMT

More than half a million passengers have connected to the internet on an Emirates aircraft.

Saudi Arabia’s bourse, where petrochemicals account for almost a third of total earnings, took the biggest hit among major markets,
15:59 GMT

Gulf stock markets plunged to milestone lows in a panic sell-off on Sunday after OPEC’s decision to keep crude output unchanged sent oil prices tumbling.

Nobody could really argue with any of this presentation, except to note that timing is everything for small business and expanding into a recession is suicidal
15:20 GMT

‘I’ve been through five recessions in my 49 years in Dubai and we are preparing for another,’ he said.

The suspension could have major implications for Saudi companies and the auditing market in the kingdom.
11:52 GMT

Saudi Arabia’s market regulator has suspended the local unit of accountancy firm Deloitte & Touche from doing auditing work.

Both U.S. crude and Brent have fallen for five straight months, oil’s longest losing streak since the 2008 financial crisis.
11:43 GMT

Just when the market was thinking that a four-year low for crude oil was bad enough, we have hit a five-year low.

“The market will dictate the right sustainable and stable price. ... We need to allow enough time for market stability,” he added.
05:55 GMT

“But because of the unity and solidarity of OPEC, we decided not to protest against this decision.”