March 10, 2013
Saudi Arabia is fast becoming a leading investor in alternative energy with the government announcing various solar energy projects that are aimed to ensure sustainable long-term supply of energy across the Kingdom, experts have said.
March 7, 2013
Economic devastation is tearing Syria apart, perhaps irreparably, if fighting rages for another two years, according to a former minister now working on a U.N.-backed reconstruction plan.
Over two years since the uprising that ousted former Tunisian president Ben Ali, continued political instability is hurting the economy of the north African country.
Ensuring sustainable supplies of oil and gas in the face of growing market demand is the biggest long-term challenge facing the region's energy sector, experts said on Wednesday.
International oil companies are competing over exploiting Lebanon's large energy reserves detected off its coast, as analysts say it could redraw the energy landscape of the region.
Ahead of Friday's International Women's Day, the UN has said that women will not be able to fully participate in their countries’ economic and political activities until gender equality is achieved.
A sluggish economy and stiff competition from international ad serving platforms will make it difficult for local websites to boost their advertising revenues this year, and there is very little they can do about it, industry experts have said.
March 6, 2013
Continued instability in Libya, including the recent clashes near a gas installation, forcing the halt of exports to Italy, is hurting the slow process of economic recovery.
The economic conditions of Egyptian families deteriorated after the revolution, according to a survey of households by an Egyptian state body.
As half of the UAE’s fishermen were forced to quit their trade for lack of governmental support and dwindling fish stocks, industry experts push for greater support.
As the figures of Syrian refugees who have fled the country is set to reach one million, the European Union announced it is to provide financial aid for refugees.
Cyber attacks, such as the Stuxnet virus which the US used to attack Iran's nuclear facilities and the recent attacks on Facebook, can never truly be stopped, experts have said.
March 5, 2013
The rich-list compiled by Forbes has angered Saudi Arabia's Kingdom Holding chairman Prince Alwaleed bin Talal, who says that the rankings underestimate his wealth.
Egyptian Islamist preacher Safwat Hijazi has voiced objection to a tourism agreement with Iran, expressing fear that Ayatollah’s regime in Tehran might be sending Shiite missionaries disguised as tourists.
Lebanon waived its banking secrecy laws 24 times in cases that involved money laundering and terrorist funding in 2012, a new report said.