March 7, 2013
International oil companies are competing over exploiting Lebanon's large energy reserves detected off its coast, as analysts say it could redraw the energy landscape of the region.
Ahead of Friday's International Women's Day, the UN has said that women will not be able to fully participate in their countries’ economic and political activities until gender equality is achieved.
A sluggish economy and stiff competition from international ad serving platforms will make it difficult for local websites to boost their advertising revenues this year, and there is very little they can do about it, industry experts have said.
March 6, 2013
Continued instability in Libya, including the recent clashes near a gas installation, forcing the halt of exports to Italy, is hurting the slow process of economic recovery.
The economic conditions of Egyptian families deteriorated after the revolution, according to a survey of households by an Egyptian state body.
As half of the UAE’s fishermen were forced to quit their trade for lack of governmental support and dwindling fish stocks, industry experts push for greater support.
As the figures of Syrian refugees who have fled the country is set to reach one million, the European Union announced it is to provide financial aid for refugees.
Cyber attacks, such as the Stuxnet virus which the US used to attack Iran's nuclear facilities and the recent attacks on Facebook, can never truly be stopped, experts have said.
March 5, 2013
The rich-list compiled by Forbes has angered Saudi Arabia's Kingdom Holding chairman Prince Alwaleed bin Talal, who says that the rankings underestimate his wealth.
Egyptian Islamist preacher Safwat Hijazi has voiced objection to a tourism agreement with Iran, expressing fear that Ayatollah’s regime in Tehran might be sending Shiite missionaries disguised as tourists.
Lebanon waived its banking secrecy laws 24 times in cases that involved money laundering and terrorist funding in 2012, a new report said.
Kuwait's budget surplus keeps on growing, new figures show, climbing to $57 billion.
Middle Eastern airlines posted the fastest-growing air freight demand in January globally, reporting an increase of 16.3 per cent over the same month in 2012, new figures show.
The French government expects its $6.7 billion (Dh24.6 billion) bilateral trade with the UAE to grow at between 10-15 per cent this year, a senior official said.
Malls are the place to go shopping in the the Middle East, but will an online version woo customers in the UAE?