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March 25, 2013

Over 80 per cent of the respondents said well-groomed professionals were likely to be more successful in their careers as there is a link between appearance and success
08:54 GMT
Polished looks can promote career success, according to a regional survey's findings. Middle East professionals admit the belief that looking good in the workplace is the key to climbing the corporate ladder as 'there is a correlation between being well-groomed and growing professionally'.

March 21, 2013

Zero hour for wage hike quandary
11:47 GMT
Lebanon's Cabinet meets Thursday under the shadow of a month-long public sector strike and is expected to meet protesters’ demands, but a dispute over the parliamentary elections law might derail the long-awaited session.
Social media was also found to have a notable positive effect within the workplace
11:13 GMT
Social media can have a dramatic impact on job hunting and entrepreneurship in the MENA region, according to a study by Dubai School of Government.
Kuwait recorded one of the highest fiscal surpluses in the world last year, approaching almost a third of its GDP
11:00 GMT
Kuwait’s central bank expects the country’s economic growth to slow dramatically this year as it predicts a contraction in the contribution of the oil sector, as the crude exporter trims output.
Kuwait budget surplus to top $50 bn in 2012-13
08:43 GMT
An oil price of between $101 and $118 per barrel in 2013-14 could generate a budget surplus for Kuwait of up to $56 billion next fiscal year.
The World Bank's development current investment portfolio in Egypt is almost $3.945 billion
07:50 GMT
Development policies for Egypt's struggling economy fail to address the 'true needs of Egypt's citizens', according to a recent study.
Many street vendors agreed that difficult living conditions and the lack of government assistance forced them to take up street vending and to work illegally
07:39 GMT
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

Islamic banking assets with commercial banks in the GCC reached $445 billion at the end of 2012, a 14 per cent increase on the previous year.
13:05 GMT
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 East airlines are expected to post a profit of $1.4 billion in 2013, and industry body said
12:38 GMT
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 , according to President of the European Bank for Reconstruction and Development (EBRD)
11:44 GMT
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.
UAE Health Ministry blamed for poor health services
11:23 GMT
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 reluctant to reopen in Cyprus
10:06 GMT
Lebanese banks in Cyprus are remaining wary about restarting operations in the island nation after the the Cypriot government rejected bailout plans on Tuesday.
Lebanon nets $34 mln in seismic data sales
09:50 GMT
Sales of seismic data relating to Lebanon's offshore gas reserves have netted the government $34 million.

March 19, 2013

Advertising war between Apple and Samsung
11:20 GMT
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 lags behind MENA in corporate social responsibility
11:09 GMT
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.