April 2, 2013
Financial institutions, especially banks, have to prove that they are both economically and socially useful to continue to have a place in the market, a leading banker has said.
The UAE has pumped in excess of $ 55 billion into foreign markets over the past three decades to emerge as the largest Arab capital exporter.
Dubai's technology market, long associated with so-called 'grey' activity, is slowly becoming more legitimate.
April 1, 2013
February's hike in electricity prices in Egypt,plus last year's increases in the price of gas, means consumers' bills are higher than ever ahead of planned subsidy changes.
Since the revolution that toppled Hosni Mubarak, governments have tried to woo foreign government in an attempt to gain much-needed financial aid, so far totaling $8.5 billion.
The United Kingdom's demand for Qatar's gas is pushing exports from the GCC region to news highs.
Saudi Arabia is expected to maintain its position as the largest pharmaceutical market in the Gulf, according to a report.
Lebanon’s real estate market continues to suffer from regional instability despite more noticeable demand from wealthy Syrian nationals.
March 31, 2013
As the Syrian civil war enters its third bloody year, Lebanese exporters are reeling from continued border closures halting export opportunities.
Exxon Mobil, Chevron, and the National Iranian Drilling Corporation are among the 52 international energy companies submitting applications to participate in Lebanon’s first offshore gas licensing round.
Following comments at Arab Summit in Doha, President Morsi is reportedly shifting focus away from Saudi Arabia and the Gulf States to Iraq and Libya in attempt to underwrite Egypt's financial obligations.
High public spending due to strong oil prices will enhance the UAE's position as a safe haven for investments to boost the country s economy by 3.3 per cent in 2013, despite lower crude output,
The social-networking site Facebook is increasingly popular in Lebanon, with businesses beginning to realize the power of new media.
New data from Kuwait shows that the non-oil economy of the country grew at a subdued 0.9 per cent in 2011, with predictions that it non-hydrocarbon sector of the economy will grow by 5 per cent in the coming twelve months.
March 28, 2013
Arab economists and financial analysts are optimistic that investors in the Middle East will be able to avoid most of the fallout from the Cypriot bail-out.