Main headlines

26 شباط/فبراير 2014

The  Bank of Israel fears that the slowdown will worsen in the coming months, and it prefers to act now.
03:55 بتوقيت جرينتش

The Bank of Israel cut the rate because of what may happen in the coming months.

25 شباط/فبراير 2014

Maldives is becoming an attractive investment spot for many Middle East based companies due to its friendly business policies (Courtesy of Trip Advisor)
17:47 بتوقيت جرينتش

A Saudi Arabia based firm is investing $100 million in Maldives' tourist industry, according to reports Tuesday.

Gaza's Islamic University carried out preliminary tests that suggest there is a natural gas field near the coast of the Gaza Strip (Shutterstock)
16:51 بتوقيت جرينتش

Gaza may be home to natural gas deposits, according to a Hamas MP this week.

More than 500 Subways are now open in the Middle East region (Courtesy of Geographically Yours)
16:00 بتوقيت جرينتش

Subway now has 500 locations in the Middle East and Africa region opened for business.

Bilateral trade between Iran and China amounted to $36 billion in 2012.
15:00 بتوقيت جرينتش

Establishing an industrial park in Iran and creating a joint shipping line are also part of the roadmap, ISNA quoted Behrouz Alishiri as saying.

Dubai is aiming to establish itself as one of the most sustainable cities in the world by 2020 (Shutterstock)
14:38 بتوقيت جرينتش

Dubai is stepping up its green campaign with new developments underway to build more eco-friendly communities in the UAE.

Pakistani companies should open retail shops in the country to capture more market share
10:17 بتوقيت جرينتش

Pakistan’s food exports to the UAE have huge potential to jump three-fold to $1.2 billion compared to $400 million in 2013.

Moroccan trade has been traditional dominated with countries in Europe, despite the economic crisis that has continued to unfold over the last six years
09:59 بتوقيت جرينتش

Morocco is diversifying its export market in a bid to develop trade with Gulf Arab countries and also reduce its reliance on Europe.

Turkey will also import at least 5 million tons (100,000 barrels per day) of Iranian crude in 2014, the same amount that it purchased last year,
03:55 بتوقيت جرينتش

Commenting on Turkey’s complaint to the International Court of Arbitration about the price of the gas Iran supplies to Turkey, Araqi said Iran will not accept any request from Turkey to lower the price

He added that sales in the region are growing by 15 per cent year on year.xx
03:55 بتوقيت جرينتش

“By 2020, we want to reach $6 billion (Dh22 billion),” said Yves Manghardt, chairman and chief executive officer of Nestle Middle East.

An Egyptian cabinet source told Reuters on Monday that a draft investment law contains provisions to prevent third parties from challenging contracts made between the government and an investor.
01:05 بتوقيت جرينتش

Egypt’s army-backed government is trying to attract foreign money back into the country and create jobs to ease social discontent as it manages the biggest Arab nation’s difficult transition to elections this year.

Five years ago we had no users, no product,” said Koum.
00:38 بتوقيت جرينتش

“Mark really understands that for WhatsApp to stay successful it really needs to stay independent,” he said.

24 شباط/فبراير 2014

“Our target is to attract seven million visitors to Qatar from all over the world by 2030,” said Al Ibrahim.
14:26 بتوقيت جرينتش

“The end result of the National Tourism Sector Strategy 2030 will be a thriving tourism sector that will be ready to handle the demands of the 2022 FIFA World Cup and far beyond."

The UAE currently enjoys good relationships with both the Philippines and Malaysia
10:40 بتوقيت جرينتش

An economic and commercial delegation headed by Sultan Bin Saeed Al Mansouri, UAE Minister of Economy, is set to visit the Philippines and Malaysia from Monday (February 25) to Friday (February 28) seeking to explore strategies for enhancing bilateral trade and investment relations.

ArabPlast 2015 will showcase latest technologies and track market trends of the Middle East petrochemicals industry
07:55 بتوقيت جرينتش

Kingdom of Saudi Arabia (KSA) has become the country partner of ArabPlast 2015, the largest plastics and petrochemicals show in the region.