Featured Articles

June 5, 2014

Swiss authorities froze funds linked to former Tunisian president Ben Ali and Egypt's Mubarak within hours of the two longtime autocrats being chased from power in 2011.
13:40 GMT
"There is an arsenal to minimise the risk of money derived from corruption. I think that the system works pretty well. We take care of cases that fall between the cracks."

June 4, 2014

Growth has been so fast in recent years that any slowing of construction spending due to the loss of the World Cup might have little impact on the overall economy.
03:55 GMT
Qatar’s sizzling growth would slow if it lost the right to host the 2022 World Cup soccer tournament.

June 3, 2014

Among the highly touted projects include the ongoing Business Bay project, currently valued at $11.2bn, which is expected to be fully completed in two years’ time;
18:35 GMT
“Dubai is shaping up as an intelligently master planned megacity, which is quite a departure from its initial development stage expected of a fast booming economy".
New Bain & Company study shows how lost time costs millions each year; recommends zero-based time budget, other practices to fight time management’s “8 deadly sins”
13:43 GMT
Top executives lose thousands of hours each year responding to email and sitting in unproductive meetings, and the losses snowball through their organizations
Omani policymakers are taking steps in the same direction as the Dubai model to enhance growth and maintain fiscal sustainability.
13:31 GMT
Numbers summarise the economic dynamics in Oman in recent years, where the non-hydrocarbon sector has been driving economic growth.
Jeddah is likely to become one of the most sought-after destinations in the Middle East following the completion of new projects such as new the King Abdulaziz International Airport
11:14 GMT
Jeddah’s poor infrastructure is often cited as a reason for the cutback in tourism projects and investment in the city with real estate experts quoting the growth rate of real estate and tourism projects on Jeddah Corniche at less than 5 percent.

June 2, 2014

Although the proportions of young men and women in education are very close throughout the region collectively (46% men and 44% for women respectively), 23% of young women are not part of the labour force.
15:33 GMT
Gender still remains an area of great concern for harnessing the full productive potential of the North African and Middle Eastern Woman when it comes to the work plac
Today and in the future, leadership should be integrated into several roles within the organisation, far from the traditional model of leadership as a top-down process
14:54 GMT
But many MBA programmes have become too technical and remain focused on preparing managers to make the direct transition from undergraduate education to being members of the executive board.

June 1, 2014

Residential property prices in Dubai housing market performed still well in April registering an increase of 3.33 per cent in April
10:37 GMT
The property prices in Dubai and Abu Dhabi residential markets witnessed solid growth in April with a spurt in the apartment and villa rentals on a month-on-month (m-o-m) basis, said a report.
Tehran agreed to freeze some nuclear activities for six months in exchange for partial sanctions relief
10:17 GMT
The UAE and Germany yesterday expressed hope that Iran and the six world powers will reach a broad, permanent diplomatic resolution to their decade-old nuclear dispute.
Kuwait, for many foreign companies, is a sleeping giant. Its vast oil wealth and pressing infrastructure needs ostensibly make it an attractive prospect for multinationals.
03:55 GMT
Kuwait is one of the world’s richest nations with a GDP (ppp) per capita of $39,706 in 2013. But in a region of energy- dependent economies, the emirate is a leading offender

May 29, 2014

Trade union and human rights activists as well as the United Nations Human Rights Council have demanded that Qatar abolish the kafala system which severely restricts workers’ rights.
13:31 GMT
“We have many questions what is exactly meant by the changes. I don’t think these measures go far enough,” said James Lynch, an Amnesty International official.
WTO accession negotiations can be tortuous -- Yemen's began in 2000 -- as would-be members first strike deals with countries already in the trade body.
12:57 GMT
WTO membership is seen as a key step in the global economy because it gives countries easier access to other countries' markets under a set of agreed rules, as well as a forum to deal with trade disputes.

May 28, 2014

Planning a meeting at a specific time in Beirut is a virtual impossibility as you may arrive one hour early, late – or not at all.
20:24 GMT
There is approximately one car for every two persons in Lebanon. That's an extremely high figure for a developing country (Turkey has one car per seven people, South Africa has one in five).
In line with global standards and corporate governance best practices, there are certain structures that family businesses should look at implementing.
19:22 GMT
The establishment of a solid, working, corporate governance structure is key for any company looking to invest in a portfolio of different opportunities.