South Sudan's foreign minister Barnaba Marial Benjamin and his Egyptian counterpart, Nabil Fahmy met on Saturday and explored ways of expanding economic ties and trade relations between the two nations.
A new era of GCC power relations? UAE, Oman, Iraq now represent 60% of regions’ upstream oil transactions
The combined number of oil and gas transactions in the UAE, Oman, and Iraq represented almost 60 per cent of the total number of upstream transactions in the Middle East during 2013.
Egypt has awarded UAE's Arabtec Holding the bid to construct the one million housing units that are part of Cairo's $40 billion nationwide housing initiative.
Despite the drastic turn down in Lebanon's tourism industry, investors are still keen to continue developing their own projects within the industry and use creative strategies to "get the market back on track."
Dubai has announced that it is launching its first smart eco-friendly city project called "Silicon Park," estimated to be worth $300 million.
March 9, 2014
Lebanese President Michel Sleiman continues to emphasize privatization as a way to save the country's economy, but how sustainable would such policies be in the country's future?
The clash between Jordan's economic policies and the poverty realities on the ground is putting this MENA country "between a rock and a hard place."
Oman could emerge as a regional leader in solar technology after Middle East's first solar enhanced oil recovery (EOR) project at PDO’s Amal West field in southern Oman became a success.
Gulf economies are allegedly in their "golden era" of prosperity and profit, but how long will this success last and is it sustainable?
Dubai's rising property prices may be more of a risk than economists originally believed, say experts.
March 6, 2014
Bahrain is ready to "re-assert itself" as a "regional powerhouse" in the oil and gas sector.
Real estate data for Kuwait in January show sales rising by 24 per cent y/y to KWD 315 million. In its latest Economic Updated, NBK said sales fell in m/m terms, but only after a very strong December.
The strategy for transforming Dubai into a smart city was rolled out yesterday in the presence of Shaikh Mohammad and Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Crown Prince of Dubai, at the Dubai World Trade Centre.
“Around 34 percent of the youths are jobless while they constitute 66 percent of total unemployed in Lebanon,” he said.
For the first time official data reveals the Middle East's facebook and twitter trends, expect the unexpected!
Facebook has published data related to the Middle East and North Africa region for the first time