January 9, 2012
Although some countries objected to the measures, most of them-surprisingly including Lebanon-have said that they will apply them to doing business with Syria.
"The instability the region has witnessed and protests in Jordan were one of the factors that affected the sector in 2011," Minister of Tourism and Antiquities Nayef Al Fayez remarked.
In the meantime oil prices stay high when a recession in the EU ought to be lowering them. This is good news for the Gulf Oil States, although they are always weary of being too offensive to Iran just in case the Western powers one day leave them on their own.
Average tenant budgets have fallen over recent years while, conversely, the expectations of tenants have risen as they seek greater quality and value for money.
Total shares traded reached 214,382 this week, as average daily trading dropped by half to 71,461 shares compared to 143,480 shares in the final week of 2011.
January 8, 2012
Saudi Arabia's retail sector is expected to grow fast, driven by a rising population, improving education and changing lifestyles.
Accelerating growth SMEs are not provided funds for many reasons, and therefore they lose great opportunities to boost their market share. This study covered 139 banks in 16 countries in the MENA region.
It is important that all groups move on rather than jeopardise the country's future, says Bahrain Chamber of Commerce and Industry vice-chairman Abdulhameed Al Kooheji.
The six GCC countries stand up well compared with the economic transition of the four key Asian markets 20 years ago, according to the research company Arabia Monitor.
The markets will continue to see low volumes,” Mohammad Ali Yasin, Chief Investment Officer at CAPM Investment, told Gulf News.
Cyber crimes that might affect Jordan include identity theft, phishing, e-fraud, and infecting devices with malware to steal data, according to the IT experts.
January 5, 2012
President Shaikh Fawaz bin Mohammed Al Khalifa stressed that the Information Affairs Authority (IAA) was continuing efforts to attain the best global expertise for Bahraini media cadres
In remarks to The Jordan Times Wednesday, they agreed that there is a huge price difference between villas and apartments in western Amman, which is the modern and affluent part of the city, and those old and less privileged houses in eastern Amman.
The situation is unlikely to improve dramatically in the first quarter of 2012 because of the gloomy global economic scenario.
Fitch Ratings expects the construction sector in the Middle East and North Africa (Mena) region will continue to be supported by government spending in Saudi Arabia, Qatar and Abu Dhabi in 2012.