Featured Articles

April 24, 2014

The UAE's small and medium businesses are key to the country's economy (File/AFP)
17:21 GMT
Small and medium businesses (SMEs) play a vital role in the UAE's economy. Giving them easy access to finance may help boost the UAE's economy, according to a report.
Relaxed visa requirements, creative marketing and infrastructure investments from GCC nations have helped the cruise industry rise above the water again (File/AFP)
16:16 GMT
The decline of the GCC's cruise sector may have been down to the Arab Spring and economic downturn, but is now floating upwards, due to major redevelopment in the industry.
The issue of affordability is at the forefront of Dubai's property market (File/AFP)
15:39 GMT
As the media speculates about Dubai's real estate industry, affordable housing vs profits is the debate in the limelight.
The World Bank warned that Lebanon may not have the capacity to cope with the influx of Syrian refugees (File/AFP)
15:20 GMT
Political uncertainty, the neighboring Syrian conflict and security issues were a few reasons given by the World Bank on Wednesday in regards to Lebanon's economic challenges.
Cairo no longer wields the same leverage it once did when upriver sub-Saharan countries were too poor to build such huge projects themselves.
14:21 GMT
Egypt, which has claimed exclusive right to control the river’s waters for generations, is fuming. Cairo worries the dam will reduce the flow on which it has depended for drinking water and irrigation for thousands of years.

The company will soon unveil some of its new partnerships, particularly in Turkey where numerous investors are planning of buying and investing in the country’s real estate secto
03:55 GMT
Best Choice Real Estate Development, a leading Saudi Arabian real estate investment and development firm based in Riyadh, has said that many investors from the GCC region are now keen on purchasing high-value overseas properties based on the number of inquiries it has been receiving.

April 23, 2014

That being said, MENA workers prefer face-to-face communication over technology. Although 76% admit technology makes them more efficient, their preferred method of communication is “in person”.
23:25 GMT
For example, Google Street View-cars are coming to the Middle East, with Dubai being the first city in the region to have street views added to Google’s online mapping service. Some members of the public have already spotted them. Have you?
Midwest Tower Hotel is one of Dubai's biggest landmarks and will undergo a makeover (Image: Booking.com)
12:50 GMT
The Grand Midwest Tower will be getting a makeover in preparation for World Expo 2020, which is expected to welcome millions of tourists.
Abu Dhabi's rental prices rose by 17 percent in 2013 (File/AFP)
11:11 GMT
It can be a tough choice, but sometimes, one is easier than the other. Renting or buying have their pros and cons but how do they benefit each other?

April 22, 2014

However, solving these issues won’t have a significant impact until the basic product is modified to resolve the psychological barriers that have impeded its success.
23:14 GMT
This can again be linked to the fight-or-flight response: imagine the feeling of being watched, unable to know whether you’re being recorded, filmed, or investigated.
Food imports account for around 90 percent of GCC food consumption while the demand for food is set to grow (File/AFP)
14:35 GMT
While food imports are high in GCC states, agriculture is low, creating a dependancy on foreign countries.
The Saudi government is aiming to invest long-term in the country's health infrastructure (File/AFP)
13:48 GMT
Huge potential: The Kingdom's health insurance market could be the biggest in the region according to a medical insurance health insurance expert.
Bassam Hage, Mena markets leader said growth "remains robust" but diversity should remain in the economy (File)
12:07 GMT
It may be a promising year ahead for GCC states with the rise in economic growth in Saudi Arabia, Qatar and the UAE.

April 21, 2014

Saudi will produce 41 gigawatts of solar energy by 2032 (File Archive)
14:00 GMT
Saudi Arabia is planning to invest $109 billion in its solar energy sector by 2032, which will provide a third of the country's overall energy requirement by that time.
Since 2001, S&P has only seen 20 international sukuk from issuers outside of Malaysia or the GCC (File Archive/Shutterstock)
13:00 GMT
Islamic finance is increasingly labeled as the future of finance, but the sukuk market largely remains outside of mainstream markets globally.