Main headlines
December 17, 2012
Managers in the Middle East are worrying over the potential lack of funding for projects next year as new regulations make it harder to get hold of the much needed cash.
December 16, 2012
A gas pipeline was blown-up last night, according to a statement by operators Yemen LNG.
Egypt's stock market registered significant gains on Sunday morning, with the main EGX30 index gaining a vigorous 1.3 per cent to stand at 5,231 points as the first phase of the voting for the constitutional referendum ended.
Non-oil exports from Saudi Arabia to the GCC almost halved in October this year, according to the Kingdom's Central Department of Statistics and Information (CDSI).
The Central Bank of oman has announced that new Islamic banking regulations will be introduced by the first quarter of 2013, executive president H E Hamood Sangour al Zadjali has said.
Stock prices for tech giant Apple dropped significantly over the weekend after poor sale performance in China.
Saudi Arabia's real estate market estimated at more than SAR 1 trillion is growing at the rate of six per cent annually.
Average consumer prices in the emirate of Abu Dhabi increased 0.8 per cent in November compared with the same month a year earlier, Statistics Centre Abu Dhabi (SCAD) said on Saturday.
The US, the vanguard of global capitalism, exporting the free-market ideal to many an Arab country, is up to its old tricks again, with a new secret weapon: sweet, sticky cinnamon rolls.
Jordan's construction industry is on the verge of collapse owing to non-payment by the government.
Qatar-based Egyptian Islamic preacher, Youssef Qaradawi, has urged his native countrymen and women to vote 'yes' in the ongoing referendum, saying Egypt could lose $20 billion in investment from his adoptive homeland should they vote 'no'.
December 13, 2012
Saudi Arabia’s Prince Alwaleed bin Talal has revealed he is paid a salary of just SAR1 (US$0.25) per year and charges his company Kingdom Holding the same amount in annual rent.
Inflation in Iran has hit 26.1 per cent, although experts believe the real figure to be over 50 per cent, as the rial nose-dived earlier this year.
Jordan and Iran could forge closer ties in the transport and energy sectors after a meeting between the Hashemite Kingdom's Minister of Energy and Minister of Transport Alaa Batayneh on Wednesday met with his Iranian counterpart Ali Nikzad
After the debacle of Apple's own map app, leaving users lost and places wiped off the face of the earth, Google is looking set to launch a rival app for the iPhone.
