Featured Articles

May 2, 2013

The GCC imports 90 per cent of its drug requirements has been one factor in health care inflation costs
09:03 GMT
The “Made in the UAE” label is starting to stick in the global pharmaceutical industry.
A 14.2 per cent rise in the capacity of region’s carriers boosted load factor one percentage point to 79.7 per cent
08:58 GMT
Middle East carriers experienced the strongest traffic growth for any region in March at 15.6 per cent year-on-year, according to the latest statistics released by IATA.
46 per cent of parents in Abu Dhabi pay 21 per cent or more of their household income on their children’s school fees
08:47 GMT
Education is a major expense in the UAE with one in five families spending more than 30 per cent of their monthly household budget on school fees, a new school survey has revealed.

May 1, 2013

The number of work-related injuries in Egypt dropped by 7 percent in 2011 on the previous year
12:13 GMT
New figures released by Egypt's statistics agency reveal sharp decline in work-related accidents in 2011; experts, however, question data's veracity.
Many have to keep working through Labor Day holiday
12:10 GMT
Lebanon will take a holiday Wednesday to mark Labor Day, but many of the workers who are being celebrated will turn up to their jobs as usual to keep money in their pockets and food on the table.
About 70 per cent think firms will hire more sales and marketing employees and 40 per cent highlight operational staff
11:58 GMT
As many as 89 per cent of Middle Eastern businesses are planning to increase or maintain headcount this year, a report said, highlighting a strong emphasis on recruitment in sales and marketing departments.
Middle East investors line-up to buy property in Northern Cyprus
09:49 GMT
Despite negative perceptions about property ownership in North Cyprus, there has been an increase in the number of Middle East investors acquiring property in the area,
Many such laborers spend the better part of the day cleaning and repairing suspended from platforms several feet above ground
09:45 GMT
While more than 80 countries celebrate International Labor Day Wednesday, for workers in factories, farms and building sites throughout Lebanon, it will be just another day of coping with the unregulated daily dangers associated with their trade.
Oil and gas supermajors are among the 46 international energy firms that prequalified earlier this month to bid for offshore hydrocarbon exploration contracts in Lebanon
09:25 GMT
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

Post-revolution labour strikes, social struggles on rise in Egypt
12:43 GMT
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 sector is also seen as an alternative to investing in the Kuwait Stock Exchange
12:22 GMT
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.
The Lebanese look down on Syrian refugees
11:52 GMT
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.
The UAE student population has expanded by seven per cent in the last five years
09:38 GMT
As more UK educational institutions open up in the UAE, these links are strengthening the historical relationship between to the two countries.
UAE nuclear plants designed to withstand earthquakes
09:15 GMT
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 is in dire need of a conclusion to this financing deal
09:12 GMT
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?