February 16, 2015
Concerns are growing over the health of the Turkish economy, long seen as a star performer among emerging markets, partly due to unorthodox statements by President Recep Tayyip Erdogan on economic policy.
After increasingly strained relations with the US, Egypt is now seeking to diversify its sources of weaponry, Egyptian military experts told Daily News Egypt on Sunday.
Russia is among the largest newsmakers in the world’s political and economic arena. Yet, in the world of Islamic finance, it still lags behind the rapidly developing industry.
More than four years later, Egyptian officials are negotiating a reversal of the gas deal through the very same pipeline that exported the gas to Israel.
February 15, 2015
The United States and five of its European allies on Saturday warned that Libya could face bankruptcy if its oil output and prices on international markets continue to fall.
The world's three big energy agencies are forecasting higher demand for Opec's crude oil this year, a sign the producing nations' strategy to let prices fall is starting to win them back market share from rivals who are cutting output.
February 12, 2015
Concerned about the current decline in prices of crude oil in the global market, South Sudan is turning to mining sector to reduce dependency on oil resources.
While the private sector employment rate for Emiratis may be increasing over the years, increasing the Emirati workforce in a number of private sectors, including the insurance industry, remains a challenge.
Despite a remarkable improvement in Internet connectivity, Lebanon is still in need of more broadband capacity to enable the country to become a hub for cloud computing.
The Dubai index fell on Wednesday, extending losses for another session from their highest level in nearly a month, weighed by weak crude oil. Saudi’s Tadawul index also fell.
February 11, 2015
Russian President Vladimir Putin met his Egyptian counterpart Tuesday and agreed a deal to build a nuclear plant, as he sought to boost ties on his first visit to Cairo in a decade.
Sharjah’s economy is healthy and safe and does not entirely depend on one particular sector, with no industry representing more than 20 per cent of GDP.
Energy Minister Dr Abdulhussain Mirza has called on companies across the country to view employees and the community as essential ingredients to achieve sustainability in the business world.
February 10, 2015
Rising global demand along with increasing domestic industrial output and a growing appetite for new export markets have created a favourable situation for the UAE foods sector.
The oil price will likely recover in the second half of the year as supply growth starts to slow and demand picks up, according to a leading investment analyst.