April 21, 2014
Bahrain has recently passed a new law to regulate labor recruitment in the Gulf country. The new regulations aim to "safeguard the rights of skilled and semi-skilled expatriates," say authorities.
Iraq must reconsider its expenditure and production of various energy sources if it wants to stabilize the country's energy situation overall and save much needed resources.
Egypt is attempting to restructure its energy subsidies "without affecting poor and low income segments," but can the new strategy work if the government is still undecided on whether or not they will raise petrol and fuel prices?
From most isolated economy to 93% surge in tourism: you won't believe which country Gulf investors are flocking towards
Tourism receipts were also skyrocketing and reached $926mn in 2013 against some $400mn in 2012, according to official government figures.
April 20, 2014
Saudi Arabia's construction industry witnessed a record year for contracting in 2013, and 2014 promises even brighter prospects for this developing sector.
Standard & Poor's has raised its outlook for several Lebanese banks in what may be the latest sign of a recovering economy in this MENA country.
Fuelled by rising energy demand and depleting oil and gas resources, nuclear energy has gained strong momentum in the GCC, particularly in countries like the UAE.
It's contagious after all? Mecca's surroundings experiencing 'unprecedented' real estate boom in Saudi
The Kingdom’s Western Region is experiencing an unprecedented real estate boom, with billions of riyals earmarked for mega projects.
April 18, 2014
About 34 per cent of national household heads reported that they continuously changed their mobile phones.
April 17, 2014
Small and medium enterprises (SMEs) are set to contribute 37 percent to Saudi Arabia's GDP but should the Kingdom look elsewhere for investment?
Qatar's main index rose 1.1 percent, making it the highest close since June 2008.
Ever feel like you're banging your head against a "productivity" wall? Saudi employees know how you feel
Six out of ten Saudi workers felt they didn't have the necessary tools or recourses to be productive according to a Global Workforce Survey.
Inflation climbed to its highest since 2010, according to data released by National Bureau of Statistics. Housing, utilities and food all contributed to the rise.
2014 is promising to be a record-breaking year for the GCC's construction industry.
Arab bankers on Wednesday blamed "Arab Spring" for the deterioration in the region's economies.