Featured Articles

May 19, 2013

UAE’s international tourism receipts are somewhat close to $10 billion
12:39 GMT
The UAE is the world’s 31st popular tourism destination and the most popular in the Arab World, ahead of Egypt — ranked 32nd and Saudi Arabia ranked 35 — in terms of tourism receipts.
Saudi Arabia aspires to increase mutual trade with other countries
12:34 GMT
Saudi Arabia's nonoil exports to the Arab countries had increased five-fold compared to the past seven years.
UAE trade surplus to hit $ 90.7 billion
06:00 GMT
The UAE economy growth is expected to lower to 3.9 percent in 2012 after a solid 2011, when the GDP expanded 5.2 percent led by high oil prices and a 10.2 percent increase in oil production.
Digital advertising spend in the region is expected to grow
05:00 GMT
While regional advertisers are aware that the industry is going 'mobile’, spend on digital advertising is still low.

May 16, 2013

A sky view of Mecca, Saudi Arabia
14:36 GMT
Saudi Arabia will continue to make the most of the competitive advantage presented by its hydrocarbon reserves despite rising US shale oil production.
Gas Prices Continue To Rise As Uprisings In Mideast Drive Price Of Crude Oil Up (Getty Images)
12:45 GMT
The Middle East is facing a double dilemma over the global competitiveness for oil in the future.
At least 20 percent of students say that they resort to political connections and 73 percent think that political connections are important to find jobs. (photo: Haitham Moussawi)
12:41 GMT
When Lebanese graduates begin looking for jobs, what does it actually mean to employ personal connections to improve employment chances?
Zaya Dubai will be the developers
11:42 GMT
Dubai-based Skai Holdings plans to build a $1 billion (Dh3.67 billion) hotel with over 200 serviced apartments on Palm Jumeirah.
Staff are angry and frustrated with their company’s policy
10:23 GMT
The firm in question has been keeping employees’ mobile phones under lock and key during working hours.

May 15, 2013

The price has also recovered by $100
13:21 GMT
People usually rush to the sales in January to snap up the bargains and across Asia it has been the same story for gold since the price crash last month.
Something very odd is going on in global stock markets this summer
12:36 GMT
Stocks seem to be rising for no apparent reason.
Ashghal’s five-year projects include construction of more than 70 huge projects
11:55 GMT
The Public Works Authority (Ashghal) will invest $30 billion in building and infrastructure projects in the next five to seven years.
The region remain dependent on the price of oil for its prosperity
11:36 GMT
Nine percent is the equivalent of adding USD 10 billion to the Bahraini economy every year
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.