October 31, 2012
The Eurozone crisis that has beset European countries that use the Euro, caused by dangerous lending and cheap credit, has had a dramatic impact on the continent, but so far it the contagion has been contained to affected nations, but it could soon be lapping at the shores of Lebanon.
The Omani economy is set to grow by five per cent in 2012, according to latest figures by the International Monetary Fund, although growth is expected to slow in 2013 as GCC countries face a slowing global economy beset by the potential 'fiscal cliff' in the US, the Eurozone and a slowing Chinese economy.
People have long called for a boycott of goods made in Israeli settlements in Palestine, and now 22 Non-governmental Organisations (NGOs) have demanded that the European Union bans all imports from the settlements.
While the devastating civil war is raging in Syria resulting in a human toll of 40,000, Dubai Chamber of Commerce and Industry is looking to the future and is set to hold a conference looking at the economic planning in a 'post-Assad era'.
Market economies are likely to prevail in countries affected by the Arab Spring despite calls for widespread change, according to economists and academics gathered at a Tunisian conference.
International sanctions are forcing Iran to cut back aid to its anti-Israel Hezbollah allies in Lebanon, but the Lebanese group remains a potent force, a top Israeli military official said Monday.
October 30, 2012
The gold industry in Dubai has taken a substantial hit over recent months, as Indian authorities have ramped up duties on imports, losing 30 per cent over three-months, but the festival of Diwali could provide a glimmer of hope for the markets.
We live in a world where communication is valued more and more, our phones act as mini-computers and where ever we are in the world, we can get that e-mail from the boss asking us to work. But is it time for workers to assert their rights and switch off after hours?
The smartphone and the tablet are slowly making their presence felt in the work place, as workers move to intuitive and user-friendly systems. But are we witnessing a revolution or is it just a phase?
Most Arab oil exporting countries in the Gulf should plan to reduce growth in government spending to make their budgets more sustainable, as their combined surplus could turn into a deficit around 2017, the International Monetary Fund said yesterday.
Over half of Lebanese cannot afford to save money while two thirds face difficulties securing food and other necessities, a Finance Ministry survey showed Monday as inflation figures soared in first nine months of 2012.
Oil, often referred to as black gold, it can make a country and wealthier than they ever imagined, but there is a dark-side to the black stuff. It has lead to the deaths of many where good geology has led to bad politics.
October 29, 2012
The Gulf Cooperation Committee is doing relatively well in the face of the globale economy that is beset by the Eurozone, the US's so-called 'fiscal cliff', and a slowdown in China, but what is the future for the organisation?
It's an age old question in every household, one bound up in tradition and custom, but who are the better money managers for your house? A new survey has set out to found out, with potentially interesting answers.
Trade union leaders in Egypt are joined in opposing the Muslim Brotherhood’s approach to rights and freedoms for union action.