May 1, 2013
Lebanon Tuesday officially launched the first oil and gas licensing round as officials warned that any delay in issuing the decrees by any new Cabinet could postpone the offshore drilling and exploration in the east Mediterranean.
April 30, 2013
Despite the promise of a new society following the January 25 revolution, industrial action has doubled compared to 2010, according to a new report.
The real estate sales in Kuwait registered a solid 19 per cent year-on-year (y/y) growth in March to hit KD293 million ($1.02 billion) after two months of weak sales, said a report.
As the Syrian conflict enters its third year, with no signs of abating, refugees in Lebanon are starting to lay down roots and begin a new range of businesses.
As more UK educational institutions open up in the UAE, these links are strengthening the historical relationship between to the two countries.
The UAE’s nuclear facilities are designed to withstand the frequency and gravity of Korea’s quakes — of a much graver and of a much larger magnitude than those occurring here in the Gulf region, nuclear energy experts have assured.
Egypt's negotiations with the IMF hit a yet another stumbling block recently when Cairo's chief negotiator resigned, and as the sage continues to rumble on, what is just rhetoric from Washington and Egypt, and what is the reality?
April 29, 2013
New laws in Yemen could boost both internal and external investment, as the country's economy continues to struggle.
Dubai International, the world’s second busiest international hub, registered a record 5.8 million passengers in March according to the monthly traffic report issued by Dubai Airports on Monday.
As negotiations between Egypt and the IMF continue, as Cairo slashes public spending in a new age of austerity, is parsimony really the right path for the newly democratic country?
SMEs in the UAE have said they need more support, especially in gaining access to much needed credit lines.
The UAE will step up efforts to fight fraud and trade in fake goods, with unscrupulous traders facing up to two years in jail, and a fine, according to a new draft law.
Oil-rich Libya is pushing for a bigger role in OPEC as it seeks to rejuvenate its hydrocarbon sector following the revolution that ousted Muammar Gaddafi.
April 28, 2013
QNB Group, Qatar's first commercial bank, has said that it thinks that the IMF's predictions for MENA economies is too optimistic and the trend of downward revisions to forecasts is likely to continue.
The UAE's Ministry of Economy is hoping to bring about a 30 per cent price slash on Ramadan-related commodities once the Holy month begins in July.