March 31, 2013
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.
As the Syrian civil war grinds on into its third year, the country's economy continues to suffer as the government looks to so-called 'BRICS' nations to garner some support for trade and goods.
Apple is on a recruitment drive to boost staff at its “secret” corporate office in Abu Dhabi, the existence of which the US technology giant had not formally acknowledged until Wednesday.
Egypt’s government will reach a reconciliation agreement with a number of real-estate developers soon, despite concerns over corruption.
Gulf banks, despite being profitable across the region, still could do plenty to improve their operations, according to leading industry experts.
Owners of food establishments across Dubai have said that the Dubai Municipality’s Food Code will undoubtedly raise their annual expenditure as they scramble to readjust their menus as per the new regulations.
March 27, 2013
New media, greatly lauded during the so-called 'Arab Spring', is facing challenges in Syria as the traditional media battles it out with new forms of communication.
Emirates and Qantas airlines have been cleared by Australia's authorities for a crucial link-up that proves the Dubai-based carrier's role in the industry.
Two years after Egypt's January 25 Revolution, the stock market remains weak and 'undesirable' for future investors due to political and economic uncertainty.
Kuwait should develop its tourism sector and hospitality industry to attract more international visitors or lose them forever, a leading expert has said.