About 34 per cent of national household heads reported that they continuously changed their mobile phones.
April 17, 2014
Small and medium enterprises (SMEs) are set to contribute 37 percent to Saudi Arabia's GDP but should the Kingdom look elsewhere for investment?
Qatar's main index rose 1.1 percent, making it the highest close since June 2008.
Ever feel like you're banging your head against a "productivity" wall? Saudi employees know how you feel
Six out of ten Saudi workers felt they didn't have the necessary tools or recourses to be productive according to a Global Workforce Survey.
Inflation climbed to its highest since 2010, according to data released by National Bureau of Statistics. Housing, utilities and food all contributed to the rise.
2014 is promising to be a record-breaking year for the GCC's construction industry.
Arab bankers on Wednesday blamed "Arab Spring" for the deterioration in the region's economies.
April 16, 2014
"Ultimately Egypt and Turkey need energy, and the fact that we have it is creating a regional convergence of interests," an Israeli diplomatic source told Reuters.
Egypt's generals the economy to develop along lines of their choosing and have taken the opportunity not just to entrench their business activities even further, but upscale and expand them.
Is flat hunting in Dubai as expensive as it seems? Around 17,000 new homes are due to be built this year, with more affordable price tags attached.
Healthcare spending reached just under $17 billion in 2013 and is expected to grow, says a new report by the U.S.-UAE Business Council.
Relations with the IMF soured when Egypt suspended negotiations over a loan worth billions in 2013, but this may improve with upcoming discussions.
Iran’s economy could grow between 6% and 8% in an optimistic scenario, according to a global information company report.
April 15, 2014
Political unrest has seen gas exports fall in Egypt while electricity consumption went up by almost a third. Will it be an expensive summer?
Not part of the strategy: Tourism chief says hotels being built in Dubai are not specifically for the World Expo in 2020.