Featured Articles

May 7, 2013

Social media seminar in Sudan
11:57 GMT
Restrictions on press freedoms shouldn't preclude the development of other media in Sudan, a forum in Khartoum on journalism's digital revolution heard on Saturday.
As investors wait for the Federal Reserve's policy-making committee to conclude its two-day meeting, the Dow Jones industrial average, S&P 500 and the Nasdaq all declined 0.4% in morning trading. (Photo by Spencer Platt/Getty Images)
11:51 GMT
David Zervos, head of global fixed income at Jefferies, told Bloomberg TV’s Erik Schatzker and Sara Eisen on ‘Market Makers’ that the Federal Reserve’s QE program is ‘the greatest monetary policy experiment of our lifetime and I do not think that anyone is smart enough, me, any central banker up there’ to figure out how to properly exit.
King Abdullah Bin Abdulaziz Al Saud, Custodian of the Two Holy Mosques, greets guests during the inauguration of King Abdullah University of Science and Technology (KAUST) on September 23, 2009 in Thuwal, Saudi Arabia.
10:55 GMT
The priority given to Saudi Arabia’s infrastructure development is yielding dividends, says Abdulaziz M. Al-Angari, board member and vice president of Al-Angari Holding Company.

May 6, 2013

The Kingdom’s trade surplus grew from SR 150.65 billion in 2002 to SR 874.17 billion in 2011, according to official data.
13:22 GMT
KSA's trade balance has improved drastically over the last decade, according to a new national report
Google's new year's doodle
11:47 GMT
From its humble beginnings the company has grown into one which has become almost unavoidable online and in some cases offline, as it also owns the loss-making Motorola Mobility mobile phone maker.
Saudi housing sector growth fastest in Middle East
11:37 GMT
According to the statistics that have been conducted in 2013 Saudi Arabia is a country of approximately 18 million citizens with a land area of about 1.96 million square kilometers.
Local leaders have urged Emiratis to prioritise knowledge and personality development over fancy job titles.
11:03 GMT
Local leaders have urged Emiratis to prioritise knowledge and personality development over fancy job titles.

May 5, 2013

 A wheat field with straw bales is pictured on September 2, 2012 in Bad Neustadt, Germany
12:04 GMT
A report published recently in this paper on the Kingdom’s decision to stop producing wheat locally and depend on imports mirrors the regional issue of food security and the need to tackle it on that level.
A picture of Dubai palm beach
11:03 GMT
Scams are a growing business. It is estimated that scammers make off with $2.92 billion from Americans and 3.5 billion pounds from Britons every year.

May 2, 2013

Egypt-IMF deal pending updated reform plan
14:02 GMT
IMF officials are awaiting updated figures from Egypt in order to re-assess the viability of the proposed $4.8 billion loan.
Syrian pound has lost about 60 percent of its value against the U.S. dollar in two years
13:46 GMT
Despite threat of violence, as Syria's civil war heads closer to Damascus investors are heading back to Lebanon to find cheap deals on the bourse.
Iran's economy declines as sanctions bite
13:28 GMT
Western sanctions on Iran, the most severe it's ever faced, are biting deeper than ever, U.S. statistics indicate, with Iranian oil exports tumbling to a 26-year low only weeks before a presidential election.
The GCC imports 90 per cent of its drug requirements has been one factor in health care inflation costs
09:03 GMT
The “Made in the UAE” label is starting to stick in the global pharmaceutical industry.
A 14.2 per cent rise in the capacity of region’s carriers boosted load factor one percentage point to 79.7 per cent
08:58 GMT
Middle East carriers experienced the strongest traffic growth for any region in March at 15.6 per cent year-on-year, according to the latest statistics released by IATA.
46 per cent of parents in Abu Dhabi pay 21 per cent or more of their household income on their children’s school fees
08:47 GMT
Education is a major expense in the UAE with one in five families spending more than 30 per cent of their monthly household budget on school fees, a new school survey has revealed.