February 6, 2015
The oldest, Wassim Daher, founded the company in 1978 as a single multibrand clothing store in Beirut.
An 'energetic',yet unwise, boom: MENA to invest $755 billion in energy projects despite oil price plunge
Middle Eastern and North African states are expected to invest $755 billion in energy projects over the next five years despite the plunge in world oil prices, a key lender says.
February 5, 2015
Apple Inc's healthcare technology is spreading quickly among major US hospitals, showing early promise as a way for doctors to monitor patients remotely and lower costs.
It can be a daunting task for employers to hire qualified Saudi Nationals
February 4, 2015
Israeli companies are increasingly turning to Asia to capture a boom in demand for their technology, as the government urges them to diversify export markets in response to Europe's rising anti-semitism and potential trade sanctions.
Iran is sidestepping Western sanctions and managing to sell hundreds of thousands of tonnes of fuel oil every month through companies based in the United Arab Emirates.
In the long list of international billionaires and millionaires, Egypt has scored several times.
Life is difficult if there are no jobs, the cost of living is rising and loans are hard to come by.
February 3, 2015
Bahrain might've dodged the Arab Spring bullet, but it really needs to get its economic affairs together
The divided public in Bahrain will eventually demand collective reforms, either when they realize that royal handouts are untenable or when they no longer believe that their monarchy is legitimate.
While low oil prices are a challenge for oil exporting countries, it is also an opportunity for stable GCC countries to implement deep structural reforms and move towards becoming more mature and diversified economies, say experts.
Euro-commodity brokers earned a large share of meticulously watched endeavours to source Egypt with approximately $2bn worth of liquefied natural gas [LNG] as they exert great efforts to develop into a sector.
February 2, 2015
The global economy never fully recovered from the financial crisis.
According to its most recent report, entitled, “Plunging Oil Prices,” the World Bank expects lower oil prices to benefit Lebanon’s economy.
Billboards still read "Welcome to Arbil, 2014 Arab Tourism Capital," but most of the visitors Iraq's Kurdistan region welcomed last year were people made homeless by a jihadist offensive.
It's time to forget the stellar 40 per cent returns witnessed in 2014.