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April 16, 2013

Dubai’s power consumption of 33,498 had almost reached its capacity in 2011
08:27 GMT
The UAE's energy landscape, traditionally based on oil and gas, is receive a green-boost when a solar energy plant comes on stream.
Financial analysts in the UAE warned that Northern Cyprus is not a completely safe bet for investors at the moment
08:16 GMT
The region’s high-net-worth individuals who are looking for alternative property investments outside Greek Cyprus are warned against moving their capital to neighboring Mediterranean real estate markets.

April 15, 2013

 Sign in About Us    Last Update 11:33 Monday, 15 April 2013  
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Exclusive: Egyptian justice minister 'misunderstood' UK over Mubarak regime assets
Britain says there are no plans to expedite return of frozen Mubarak regime assets without satisfying standard legal procedures
12:00 GMT
Britain says there are no plans to expedite return of frozen Mubarak regime assets without satisfying standard legal procedures
Tunisians are turning to neighbouring Libya
11:55 GMT
A new study from the International Organisation of Migration reveals that many Tunisians are heading to their southeastern neighbor, Libya, in search of work, which remains elusive more than two years after the revolution.
People in Bahrain should request holidays in five-day blocks
11:21 GMT
Private sector employees in Bahrain could actually lose holiday days, despite changes to the law that increased people's annual leave to 30 days, a report said.
No further plans for Egypt pipeline
08:54 GMT
There are no further plans regarding an oil pipeline to Egypt from Iraq, despite agreements between the two to increase the pipeline, according to the Iraqi embassy in Egypt.
A free trade agreement would further push Germany-GCC business ties and encourage bilateral investments
08:46 GMT
Trade between the six GCC states and Germany more than doubled in the last decade, according to a leading banking chief.
Water production in the sultanate is set to rise steadily in the three years to 2016
08:38 GMT
Energy efficient methods for water desalination are increasingly being adopted in Oman, which authorities hope is reducing energy bills for the Sultanate.

April 14, 2013

Egypt is currently in negotiations with the IMF to receive a much delayed $4.8 billion facility targeting fiscal support
11:56 GMT
Following a meeting with an IMF delegation, Egypt's left-wing have denounced the proposed $4.8 billion loan, saying it shouldn't harm the poor and not interfere in domestic politics.
Qatar’s travel sector to top $7bn next year
11:55 GMT
Qatar’s travel market is expected to grow steadily from $5.4 billion in 2012 to $7.7 billion in 2014, signifying a healthy economy backed by government spending on tourism development.
The World Bank’s flagship report on jobs in the MENA region documents high and persistent unemployment rates, especially among youth and women
11:42 GMT
Unemployment, especially amongst the youth of the MENA region, is a problem facing almost every government, but what lays behind it and what can be done to fix it?
Nearly a hundred workers currently are engaged in the trailer and tanker development project
08:13 GMT
A Dubai-based company has started manufacturing large trailers and oil tankers that will help reduce the UAE’s dependence on imported trailers and tankers.
Schools violating regulations face power, water cut
08:07 GMT
Schools in Saudi Arabia that break regulations are being threatened with power and water being cut off.
Government capital spending is likely to remain at a similar level until around 2017
07:59 GMT
Qatar's government spending for the coming financial year is expected to be $ 66 billion, leaving the oil-rich state a budget surplus of $8 billion.

April 11, 2013

Iranian tourism flights to Egypt were recently suspended after protests
12:47 GMT
Iranian tourism flights to Egypt were recently suspended after protests by Egyptian religious conservatives concerned about spread of Shiism, by the north African country's PM is looking positively on the situation.