Featured Articles

May 15, 2013

The concept of supporting their employees in enhancing personal savings is still new for companies in the UAE
01:12 GMT
Some companies are slowly warming up to the idea of establishing an employee savings plan as an alternative to a pension scheme.

May 14, 2013

Jazan Economic City
11:31 GMT
In its first stage, the factory will produce 500,000 tons of titanium dioxide and 250,000 tons of pure raw steel for local consumption.

May 13, 2013

The GCC states spend around $800 million annually on tobacco products
05:40 GMT
The six member countries of the Gulf Cooperation Council (GCC) are home to four million smokers
The French insurance major Axa emblem
04:40 GMT
The French insurance major Axa can lay claim to what the majority of its global counterparts with Middle East exposures cannot
Iran has managed to make progress on different fronts, including the energy sector
04:31 GMT
At the moment, Iran has a roughly 25-percent-share of the petrochemicals in the Middle East, and is planning to increase it to 38 percent by the end of the five-year National Development Plan, said Ramezan Oladi, Director for Planning and Development at the National Iranian Petrochemical Company (NIPC).
Three per cent said they never even think about being a victim of fraud
04:31 GMT
One in four people surveyed in the United Arab Emirates has experienced the frustration of a credit or debit card payment being declined, because the bank incorrectly thought it was fraud
Can a cheap iPhone help Apple regain its smartphone supremacy?
04:31 GMT
If persistent rumors of Apple's introducing a low-cost version of its all-conquering iPhone turn out to be correct, it will mark a turning point for the company.

May 12, 2013

International Monetary Fund
12:33 GMT
The trade of the 18 countries in the Greater Arab Free Trade Area (GAFTA) grew 11 per cent in 2012 to $2.1 trillion
The South Pars/North Dome field is the world’s largest gas field and is shared by Iran and Qatar.
11:35 GMT
Some $30 billion will be invested in Iran's South Pars gas field in the current Iranian calendar year, the National Iranian Oil Company managing director (NIOC) stated.
Islamic bonds have shown defensive quality while offering yield improvement
11:27 GMT
Islamic bonds have shown defensive quality while offering yield improvement
Minister of Petroleum and Mineral Resources Ali Ibrahim al-Naimi addresses the audience during a lecture in The Center for Strategic and International Studies (CSIS) in Washington DC in this April 30, 2013 file photo. (AFP)
11:12 GMT
The Kingdom can reduce its dependence on oil revenues by creating a strong sovereign wealth fund (SWF), according to some experts.
Kurdistan thumbs its nose once more to Federal Iraq in a long-running feud that threatens to boil over
07:40 GMT
Kurdistan thumbs its nose once more to Federal Iraq in a long-running feud that threatens to boil over
The shift is due to the debt problems afflicting the European Union and the Arab Spring
06:06 GMT
While they continue to reduce dependence on energy resources, GCC countries are increasingly spending locally and redirecting a greater portion of foreign investments back into the region.

May 9, 2013

Feral cats crowd a boat in the hopes of receiving scraps from fishermen at a local dock (Photo by Greg Kahn/Getty Images)
12:09 GMT
The Saudi Presidency of Meteorology and the Environment department seeks to develop and activate all possible means, as well as deploy the latest technology, to protect people and properties from the elements and environmental pollution.
Over 90 per cent of online travel queries in the UAE and Saudi Arabia are brand-related
11:25 GMT
Despite the strong trust online customers in the Middle East have for brands, many of them fail to optimise their sites on mobile devices and tablets.