May 12, 2014
El-Araby stressed that the private sector “has always been and will continue to be the main player in the Egyptian economy.”
Kuwait Stock Exchange (KSE) ended last week in the red zone
May 11, 2014
Dubai’s bourse has outpaced other Gulf markets by a wide margin in terms of companies’ first-quarter profit growth,
Russia has agreed to build the Rasht-Astara railway which stretches 167 kilometers in northwestern part of Iran.
Iran's deputy oil minister for petrochemicals, said "nothing has changed compared with last year" in terms of petrochemical sales to the EU.
Political jockeying and sectarian tensions have slowed or stalled action needed to tackle Lebanon’s financial problems.
Launched in Egypt in 2009, the payment service has since taken off fast in a country where under 10 percent of the adult population have an account at a formal financial institution, according to the World Bank.
As part of its $1 billion investment commitment to the Kingdom, GE has joined hands with Saudi Aramco and Tata Consultancy Services (TCS) to launch the first all-female business process services center in Riyadh, Kingdom of Saudi Arabia.
The programme will have electronic maps linked to satellites to determine accident sites and will allow the reconstruction of the accident scene.
Dubai-based Emirates Airline will lose Dhs1 billion (272 million USD) in revenues due to runway upgrade work at the Dubai International Airport in 2014, but the amount will be recovered within the year, the carrier’s chairman has said.
Workers have been hoping for a relief from rising rents, which rose on average by 22 per cent last year, and increasing cost of commodities and services.
May 8, 2014
The World Health Organization said on Wednesday that there is no travel ban for Saudi Arabia as a result of increasing MERS cases in the country.
Dubai builder Arabtec said its first-quarter net profit more doubled on the back of a strong delivery of projects and growth in its Gulf businesses.
Former IRS senior district attorney Barbara Kaplan says US citizens who conceal funds in Israel could also face criminal charges.
President Michel Sleiman refused Wednesday to sign a controversial new rent bill into law, arguing that it was unfair, prompting a brief protest by a group of landlords.