February 27, 2013
Dubai is working hard to bring the World Expo 2020 to its shores, to show off the best the Emirate has to offer to the world as it plans to build a new city for the event.
If Lebanon's government pushes through the long-debated public sector pay rise, it could fuel higher inflation, higher budget deficits, economic stagnation, economists have warned.
Egypt is set to increases taxes and reduces government subsidies as part of plan to reduce a spiraling budget deficit and to woo the International Monetary Fund.
As the world awaits the outcome of nuclear talks in Iran, Iran has created a plan B for nuclear weapons capacity in a second plant, satellite images indicate.
As the economic crisis in Egypt deepens, the post-revolution country is continuing to struggle with unemployment.
The Institute of International Finance estimated that Lebanon’s GDP growth fell to 0.8 percent in 2012, down from 1.8 percent in 2011, saying the decline highlighted the need for a stable political environment and structural reform.
February 26, 2013
The passenger traffic at Dubai International Airport surged 14.6 per cent in January to hit a record 5.56 million compared to 4.85 million during the same period last year, as the wider regions sees a dip in tourist numbers.
Egypt has unveiled a raft of measures as part of an economic reform programme, designed to finally clinch the $4.8 billion loan from the International Monetary Fund.
Gulf Air, Bahrain's troubled flag carrying airline, is on course to complete a strategic restructuring, according to Bahraini media.
Innovation is key for businesses in the UAE, with 89 per cent of companies looking for new methods of working, according to a new survey.
Home builders in Jordan are facing a massive profit squeeze, but there are hopes for strong sales in the summer months, according to the head of the country's house building association.
Turkish investments in the United Arab Emirates reached $ 6 billion, with the main focus in the construction sector, while the UAE investments in Turkey reached $ 5 billion in 2011.
February 25, 2013
The health care spending will impose a hefty burden on GCC governments in years to come, according to research by Booz and Company.
Car sale in Egypt are in the fast lane, increasing by 43 per cent in January of this year, the latest report from the Automotive Marketing Information Council (AMIC) shows.
Private sector teachers in Lebanon join government colleagues as strike action over the long-debated salary increases enters its second week.