July 31, 2014
As a source of insight, its return on investment is unparalleled — and only just beginning to be realised.
The Bank of Israel cut its benchmark interest rate to 0.5 percent Monday from 0.75 percent, partly to offset economic damage from the conflict.
As a result of Egyptians heading to the coast to celebrate the holiday, hotels in resort cities have seen occupancies exceed 90 percent.
July 30, 2014
Abu Dhabi has been focusing on growing its media industry in the past few years – as part of its diversification away from an oil economy.
It is a story repeated across Brazil, reportedly home to nearly 7 million people of Lebanese descent.
July 28, 2014
Egyptian charities, it seems, have not escaped the ramifications of the economic crisis triggered by the January 25 Revolution in 2011
July 27, 2014
Ramadan, Islam's holiest month, is a boon for retailers in the Middle East, South Asia and beyond. And while some Muslims welcome it as a positive sign, others see it as commercialization of a sacred time of year.
While euphoria over the ongoing shale revolution and the energy independence of the Americas continue, yet, there are people - cautioning and asserting - the phenomenon is short-lived and the world would continue to be dependent on the Middle East.
Switzerland and its prominent resort destinations continue to witness a steadily increasing influx of GCC travelers
Despite billions of dollars spent every year, the global economy is still not sufficiently protected against the threat.
Larger shipments of crude, some of them from Najma, are also sold via smugglers to Turkish traders at vastly discounted prices of around $25 per barrel, they indicated.
July 24, 2014
U.S. legislation to increase financial sanctions on any organization funding or channeling money to Hezbollah won't have any impact on Lebanon's banking sector, according to a report. A sigh of relief?
Saudi Arabia's decision to open its stock market to the outside world was a good choice and already garnered strong support across the MENA region.
OPEC member countries exported 4.5 mb/d of petroleum products in 2013, with the largest share devoted to Asian and Pacific countries (3.1 mb/d or 68.5 percent)
Saudi Arabia will emerge as the world's seventh largest capital market by by 2030 according to a recent report.