Featured Articles

March 5, 2013

The UAE is France’s third biggest ‘trade surplus’ partner, generating more than $2.7 billion in trade surplus
08:17 GMT
The French government expects its $6.7 billion (Dh24.6 billion) bilateral trade with the UAE to grow at between 10-15 per cent this year, a senior official said.
A new retail website promising to give shoppers the experience of an ‘online mall’ is the future of shopping in the UAE
08:03 GMT
Malls are the place to go shopping in the the Middle East, but will an online version woo customers in the UAE?

March 4, 2013

The salary hike would be referred to Parliament during the first Cabinet session after March 21
11:51 GMT
Lebanon's President pledged over the weekend to push forward salary increases for civil servants and teachers within a three-week deadline.
Financial curbs on Bahrain airlines monitored
11:35 GMT
Financial institutions in Bahrain are being monitored as they impose precautionary restrictions on the staff of Gulf Air and Bahrain Air, according to the country's banking watchdog.
The rate of growth was broadly unchanged from January and remained above the series average
11:22 GMT
The Saudi non-oil private sector registered solid improvement in its business activity during February with firms reporting a surge in production and new factory orders compared to last month.
Lebanon, more than 40 international oil and gas companies have purchased the seismic data from the Energy and Water Ministry
07:38 GMT
Following the discovery of potentially lucrative oil and gas deposits of the coast of Lebanon, one expert has urged a clear and transparent bidding process for contracts.
It is obligatory for manufacturers and suppliers of plastics to register 15 non-biodegradable products
07:11 GMT
The UAE is making moves to ban non-biodegradable plastics from the the start of next year.
Through the UAE, foreign investors could have a wider field to link to over 2.2 billion consumers in the Middle East
06:58 GMT
Trade between the United Arab Emirates and South Korea is booming, registering $22 billion, with further growth expected.

March 3, 2013

Mobile video traffic will grow 27-fold from 2012 to 2017, a compound annual growth rate of 93 per cent
12:01 GMT
A big surge in smartphone suers in the Middle East should force operators to introduce 4G technology sooner rather than later, experts said on Saturday.
The union would be taking escalatory steps by next week
10:33 GMT
Trade Unions in Lebanon vowed on Friday to start a week of “exceptional” protests Monday in another bid to pressure the cabinet into passing a new salary scale to the Parliament.
 Libyans were introduced to the new 1 dinar bill; a smaller, more colourful bill that is a better representation of the country's values
10:33 GMT
Libyans are getting ready to have a fist full of one dinar notes after the country unveils a new design that it hopes better reflects the post-revolution values.
The budget allocated to equalisation should reach nearly 5,500 million dinars in 2013
07:10 GMT
The recovery of the Tunisian economy hinges on consensus among different political parties, which alone is able to restore security and economic and social stability, outgoing Prime Minister Hamadi Jebali said on Friday.
Profits of Lebanese banks operating in Syria fell by 45.8 percent to $13.8 million in 2012
06:46 GMT
Profits of Lebanese banks operating in Syria fell by 45.8 percent to $13.8 million in 2012, a clear indication that the turmoil in the country is having a negative impact on most sectors of the Lebanese economy.
The total number of schools is expected to grow by 1.2 per cent during 2010 to 2020
06:35 GMT
A report by Kuwait Finance House (KFH) highlights the education sector as one of the focus areas for GCC governments with a growing share of spending being channelled to build new schools, colleges, and universities.

February 28, 2013

Libya is located on the cancer orbit line and is exposed to the sun’s rays throughout the year with long hours during the day
11:06 GMT
Libya could generate approximately five times the amount of energy from solar power than it currently produces in crude oil, research by the UK's Nottingham Trent University shows.