Featured Articles

September 14, 2014

Despite being on the brink of ruin, Misrata has become an entrepreneurial phoenix rising out of the ashes and is an example of the vast potential Libya holds as it slowly begins to open up economically to the world.
14:26 GMT
espite being on the brink of ruin, Misrata has become an entrepreneurial phoenix rising out of the ashes and is an example of the vast potential Libya holds as it slowly begins to open up economically to the world.
For now, however, the US-led surge in supply and weak demand have seen traders start to store additional barrels as they wait for prices to recover.
04:55 GMT
The drop in oil prices to their lowest in two years has caught many observers off guard, coming against a backdrop of the worst violence in Iraq this decade, heightened tensions between the West and Russia, and sanctions against Iran.

September 12, 2014

Although many leaving comments on the page have emphasised the company’s usefulness in cutting down wasted time, others are Although many leaving comments on the page have emphasised the company’s usefulness in cutting down wasted time, others are worried about its legality.

 about its legality.
20:48 GMT
The service aims to help Egyptians to extract or renew governmental documents including ID cards, passports, marriage documents and death certificates.

September 11, 2014

The extra refined products from Yanbu may have two undesirable impacts, from a Saudi perspective.
21:36 GMT
If you could pick the worst set of circumstances in which to start up a giant, export-oriented oil refinery, you might well have them right now.
Sometimes they came pretending to buy things. Sometimes they texted, sometimes they called, but the message was always the same: "Give us money."
15:16 GMT
Even with the rapid expansion of Islamic State and its need to pay a larger number of recruits, the group could still make an estimated $100-$200 million surplus this year, given the amount of money it is making.
Opposition figures underline that the government is turning a blind eye to misconduct by businesspeople loyal to President Recep Tayyip Erdoğan.
04:55 GMT
The Turkish government has created an elite class of businesses that enjoy unfair advantages over their rivals despite being allegedly being involved in corruption, as well as negligence causing fatal accidents, observers argue.

September 10, 2014

Fighting across the region, mainly in Syria and Iraq, has left thousands dead in the years since the mass demonstrations of the Arab Spring led to violent uprisings.
16:42 GMT
A post-World War II US initiative, the Marshall plan helped revive Europe's shattered economy and bring long-term stability to the continent.
Preventative measured also include special equipment at airports to detect anyone who may be infected.
15:59 GMT
Hajj season is almost upon us, and in October an estimated three million Muslims from around the world will congregate in Mecca, Saudi Arabia, to perform the Islamic pilgrimage.
“More than 110,000 people have arrived in Italy so far this year, sometimes 4,000 or even 5,000 people in a matter of days,” said Flavio Di Giacomo, spokesman for the International Organisation for Migration (IOM) in Italy.
04:55 GMT
On a late-summer morning in northern Jordan, as the sun rose over the city of Irbid, perched high on a desert ridge, a young father prepared to die at sea.

September 9, 2014

The new iPhones are expected to come in two screen sizes- one measuring 4.7 inches diagonally and the other 5.5-inches- and have faster processors.
20:43 GMT
The launch of the new iPhone is expected to be one of the largest events this year.
The study, by the research centre at the ministry of sport and young people, was published a day after President Hassan Rouhani dubbed existing Internet controls counter-productive.
18:12 GMT
More than two thirds of young Iranian Internet users are using illegal software to reach websites that are officially banned, according to government research cited by media on Monday.
Jordan currently imports 97 percent of its energy needs, including crude oil from Saudi Arabia and other petroleum derivative.
17:38 GMT
Jordan has recently sought to establish alternative energy sources and diversify its imports. It is also building two liquefied natural gas terminals, to be finished by 2017, which will be used to import gas for electricity generation.
The brokers also demand a large fee, on average $908 for Bangladeshi workers and $581 for Nepalese workers.
17:03 GMT
The report states that 88 percent of the migrant domestic workers surveyed said they would not have come to Lebanon “had they fully known the reality.”
In June 2014, the balance sheets of Bank Audi showed that 45 percent of the assets were abroad while the rest were in Lebanon and 43 percent of the total deposits were from abroad while the rest were in Lebanon.
04:55 GMT
“Provided there is a political transition in Syria followed by a reconstruction drive, Bank Audi will be among the first to grab this opportunity,” he added.

September 8, 2014

Meanwhile, in the UAE and Kuwait growth in capital expenditure has been slower than the rise in current expenditure in the recent years.
19:51 GMT
Qatar and Saudi Arabia have been on the forefront of capital expenditures compared to their GCC peers in the past few years.