Featured Articles

December 17, 2014

Travel is one area of opportunity; Muslim consumers spent an estimated $140 billion on travel and tourism in 2013.
13:57 GMT
From travel guides to shopping portals, new Internet ventures aim to capitalise on the growing "Muslim lifestyle" market.
Oil prices have been falling – and plummeting, spiraling, nose-diving and just generally heading downwards – over the past few months.
04:55 GMT
Here is a look at three of the Middle East’s most affected economies – some of which are already on the brink of a serious crisis.
The EIU predicts China will be the largest export market for the GCC by 2020.
02:27 GMT
Developing countries in Asia - particularly China and India - are rapidly becoming the biggest trading partners with Gulf Cooperation Council (GCC) countries ahead of other regions
The GCC currencies are pegged or linked to the dollar, yet with local inflation rates that are five to eight times higher than the two per cent US CPI rate,
00:56 GMT
Matein Khalid warns on the effects of a strengthening US dollar to other currencies

December 16, 2014

However, the Syrian civil war exposed deep splits within the Opec, notably between Saudi Arabia and Iran.
15:45 GMT
The world assumed that, despite a surge in US shale oil, Saudi Arabia world cut output to keep prices above $100 Brent.
Companies in the region are struggling to identify future leaders and lacking strong and deep leadership pipelines,
04:55 GMT
Businesses and organisations in the Middle are failing to create professionals equipped with the necessary skills to head industry.

December 15, 2014

There are several factors ranging from global exposure to availability of the desired course that prompt students to choose foreign universities over local ones.
04:55 GMT
Every year, nearly 250,000 students from the Mena flock to universities overseas to pursue higher education.

December 14, 2014

The summit adopted other resolutions with economic implications, notably continuing the work of unified guiding principles for the Gulf’s financial markets
17:56 GMT
Following repeated delays, it was generally understood that full completion of the project would take place in 2015.

With $60 mark already there, some others too are now saying that $50 is in sight
05:55 GMT
Thw carnage continues! Markets are in free fall
The world’s top airlines are increasingly falling out of favour with their premium product and replacing it with extra business and economy class seats.
04:55 GMT
“There has not been a full return to pre-global financial crisis premium traffic share."

December 12, 2014

Wasl Asset Management plans to open four three-star hotels in the emirate next year.
19:56 GMT
A company owned by Dubai’s government plans to open four hotels in the emirate next year to expand the supply of mid-priced rooms in a market dominated by luxury accommodation.

December 11, 2014

On the topic of remedies for the income gap, the OECD says redistribution efforts should focus on families with children and youth,
17:10 GMT
The gap between rich and poor in Turkey is at the second highest level among Organization for Economic Cooperation and Development (OECD) member countries,
Firstly, do some research on the market rate for your prospective position.
16:19 GMT
“If you master salary negotiation, you can get a sneak peek into what your employer’s “reservation price” is and use it to your advantage.”
“A St. Kitts passport will also allow investors to travel to over 130 countries globally, including UK, Europe, Hong Kong and most Commonwealth countries.
04:55 GMT
Middle Eastern nationalities, along with the Chinese, are the top takers for St. Kitts and Nevis’ citizenship by investment program, an industry source told Gulf Business.

December 10, 2014

Qatar’s drive to promote itself as a tourism destination for Arab and Muslim families has led to the introduction of a ban on alcohol.
18:41 GMT
Kuwait and Saudi Arabia are the only Gulf countries where the sale and consumption of alcohol is totally banned.