December 12, 2012
Egypt's embattled president, Mohammed Morsi is facing more criticism over the handing of the $4.8 million IMF deal, which has been put on hold as political turmoil grips the country, but can the economy survive?
The huge gap between the supply of qualified youth and the market requirements is one of the key reasons behind rising unemployment in the Middle East and North Africa region, experts have said.
Officials in the Egyptian tourism industry criticised the government latest measures, which have been temporarily frozen, to raise taxes on selected goods.
Egypt's President Morsi is set to issue a modification to two articles in the laws governing the Central Bank of Egypt within days, which grants himself more authority.
December 11, 2012
A look at the risks of investing in silver.
It's not new news, but the notion that the United States is no longer depending on the Middle East for oil as it retires out of the region it once had the hots for is all the buzz on the global street. Is the US really turning its back on the Arab and Muslim world in favor of the far East?
December 10, 2012
According to a recent survey, telecom workers are among the most satisfied professionals in the MENA region.
MENA is set to pump even more money into renewable energy projects over the next 12 months, according to an industry expert.
Saudi banks are doing a good job in the field of Shariah-compliant financing and are creating more excitement in the world about the industry, says SEDCO Capital CEO Hasan S. AlJabri.
December 9, 2012
Spending on mobile display advertisements is expected to boom in Jordan and the rest of the Middle East countries in the coming years due to growth in the number of mobile phone holders, according to experts.
With its vast deserts and long stretches of sunny days, the Middle East would seem to be an ideal place to harness solar energy.
Differing grades and disturbances among traditional benchmarks and spreads means there is no such thing as the price of oil.
December 6, 2012
Egypt's Prime Minister Hesham Qandil described the times we are passing through as “challenging”, but reaffirmed the governments plan to create 750,000 jobs by helping small businesses.
The UAE plans to invest in Carbon Capture and Storage (CCS) to use carbon dioxide for oil extraction, to both protect the environment and prepare for a time when oil levels get lower in the country, experts have said at the COP18 climate talks in Doha.
The success of sukuk issuances by financial institutions underline the tremendous potential of Islamic finance industry, experts have said, as the industry goes from the strength to strength.