March 21, 2013
Over two years after the self-immolation of Mohamed Bouazizi, starting the Arab uprisings, street vendors in the North African country are still reeling from two years of economic mismanagement.
March 20, 2013
According to estimates by Ernst & Young’s Global Islamic Banking Center, Islamic banking assets with commercial banks in the GCC reached $445 billion at the end of 2012.
Middle Eastern airlines are expected to post a profit of $1.4 billion during this year, while globally the airline industry will see a modest improvement in its financial performance, says an Iata forecast.
Jordan needs to market its image to investors as an open economy with a skilled labour force, according to President of the European Bank for Reconstruction and Development (EBRD) Suma Chakrabarti.
Members of the UAE's Federal National Council (FNC) have blamed the Emirati Ministry of Health for lack of internationally recognized healthcare standards, shortage of doctors and hospital beds and failing in its efforts to prevent chronic diseases.
Lebanese banks in Cyprus are remaining wary about restarting operations in the island nation after the the Cypriot government rejected bailout plans on Tuesday.
Sales of seismic data relating to Lebanon's offshore gas reserves have netted the government $34 million.
March 19, 2013
Samsung and Apple are currently in the midst of a heated advertising war after the after the former announced last week that it would be releasing its new Galaxy S4 model smartphone, according to US global business magazine Fortune.
Lebanon’s government still lags behind many of its regional peers in promoting corporate social responsibility, despite successful initiatives by the private sector and civil society groups, said CSR experts who gathered Monday in Beirut.
The In Amenas terror attack will not slow down Algeria's energy sector, officials and investors agree.
The political stalemate in Kuwait is hurting the country economically. As long as reforms are put on hold because of corruption charges and changes in government, Kuwait will fail to adapt to the global economy and will struggle to diversify its economy.
A new study suggests there is overwhelming public support for the UAE’s nuclear energy programme.
Following the discovery off the coast of Lebanon, the Cedar nation faces a series of tough choices over the deposits that could dramatically change the economic map of the region.
March 18, 2013
There is strong potential for growth in electronic payment methods in the region as only 10 per cent of transactions in the UAE are paid for electronically compared to 15 per cent globally, senior MasterCard officials told Gulf News.
The total assets of funds domiciled in the Middle East and North Africa (MENA) region increased by three per cent in the first half of 2012, according to a new study.