Despite its geographical closeness to Egypt, the percentage of GCC tourists visiting Egypt compared to the total number of tourist has not exceeded 20% in any given month in 2014.
Political and economic turmoil over the last four years caused decline in the volume of Arab exports and imports specially between the Arab Spring countries such as Syria, Libya, Yemen, and vice versa.
An overhaul of Egypt’s visa system announced last week is unlikely to keep Gulf residents from jetting off to see the pyramids this summer.
March 29, 2015
As of now, 60 per cent of China’s imported oil comes from the Middle East, and 80 per cent of that is transported to China through the dangerous Strait of Malacca.
Israel's decision to withhold $130 million a month in revenue collected on behalf of the Palestinians is strangling the economy
March 24, 2015
According to the latest YouGov report, the top three luxury holiday destinations for MENA residents are UAE (14%), Italy (10%) and Turkey (5%).
Skilled staff recruitment is a significant challenge for the Middle Eastern family businesses with 73 per cent of those saying are interested to hire the right skills and talent in the coming five years, according to a PwC survey released yesterday
March 23, 2015
The battle for Libya's oil wealth has taken on new dimensions as rival governments lay claim to the National Oil Company (NOC), further deepening divisions in the volatile North African nation.
Across the Gulf, companies that have traditionally used conventional finance are considering whether to "go Islamic",
The popular attractions in Dubai are still attracting hundreds of visitors each month, but there aren’t as much tourists checking into hotel rooms.
With a number of hospitals and clinics starting up in the GCC, the war for medical talent has begun.
March 22, 2015
In Britain, the mix of politics, the upcoming elections, the budget deficit and public pressure has provoked a whirlwind of controversy around the issue of tax avoidance and tax evasion
If all goes to plan, Oman will transform into a major industrial and logistics centre with much of the country’s imports and exports passing through Sohar.
Maybe try some human rights? Saudi Arabia, Gulf countries announce initiative to address housemaid shortage
The private sector of Saudi Arabia and the Gulf countries signed an alliance to tackle the problems faced in the recruitment of housemaids.
This success places a heavy responsibility on the government, and all of Egypt, to turn the programs, agreements, and pledges made during the conference into facts on the ground.