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August 15, 2011

According to Fayoumi, some 150 websites belonging to public and private entities have registered their domains in Arabic since its introduction in October 2010
Arabic top-level domain still unpopular in Jordan
09:37 GMT
Information Technology experts on Saturday attributed the low turnout in registering websites in Jordan's Arabic top-level domain الاردن.
Over the past decades Lebanon’s energy sector has been largely disregarded, creating a heavy burden on public resources in addition to the poor quality of services delivered that pose a major hurdle in the way of social and economic development
Lebanon power sector in urgent need of reform
09:05 GMT
Blominvest released a comprehensive overview of the electricity sector in Lebanon and the numerous challenges it faces.
Declines in global markets could breed more consumer panic when investors look at their brokerage statements and find themselves poorer
World view bleak but picture looks brighter in the Middle East
08:45 GMT
Declines in markets are raising the likelihood of another global slowdown. If the world does lurch back into recession, economists say the Middle East is in a better position to weather the economic storm.

August 14, 2011

"International orders have also been reduced to a trickle and will dry up soon if the price does not stabilise," said Bahrain Chamber of Commerce and Industry gold and pearl jewellery committee head Mohammed Sajid Shaikh
Gold loses glitter in Bahrain as prices hit high globally
16:30 GMT
Gold is no longer glittering for Bahrain's jewellers as world record prices of the precious metal have kept customers away.
Competitive pricing for Saudi crude next month is eroding demand for alternative spot cargoes of Qatari al-Shaheen and Oman crude in October
Saudis entice Asian refiners at expense of Qatar, Oman
13:23 GMT
Top oil exporter Saudi Arabia is enticing Asian refiners to buy more of the kingdom's crude at the expense of other Middle Eastern producers that are offering more barrels on the spot market, as long-term buyers pare purchases of their grades.
Business throughout the UAE inevitably slows down during Ramadan
Get busy during Ramadan in the UAE
07:31 GMT
Reduced daily work hours for Muslim workers who are fasting can impact on output for business environments vying in a competitive global market place.

August 11, 2011

The code with key principles and practices will be launched at a Conference for Corporate Governance for SMEs to be held September 26th 2011, in Dubai
Corporate governance code for SMEs on the way in Dubai
15:30 GMT
The agency of the Department of Economic Development (DED), Government of Dubai, has joined hands with Hawkamah, The Regional Institute for Corporate Governance, to develop a code for SMEs on Corporate Governance.
Both mobile and Internet banking expose these organisations to a new range of security risks; besides,social media platforms come with the added responsibility of monitoring and managing these platforms
Banking and finance sector in the Middle East can no longer ignore social media
15:30 GMT
With the growing adoption of smartphones and the simultaneous surge in Internet use across the globe, banking and finance institutions (BFSI) are looking to invest in social media platforms to engage existing as well as prospective customers.
Israel's supply of gas from Egypt has been regularly disrupted since an uprising overthrew former Egyptian president Hosni Mubarak in February
Israel electricity prices rise over Egypt gas disruptions
10:39 GMT
Israel's finance ministry announced that 9.3 percent rise in an electricity price, citing disruptions in the gas supply from Egypt, even as Israelis protest nationwide over the cost of living.
Emirati and Arabic television networks have something very special to sell this month of Ramadan
Ads in the UAE that tease but don't inform are a big irritant during Ramadan
09:51 GMT
Stating the wrong message, or teasing the audience instead of informing them, are two things that are really bother to the most when it comes to advertisements in the UAE.
Oman and Jordan have been consistently active in implementing sustainable strategies for tourism promotion in a region with “brilliant opportunities” to capitalise on
Oman sets Middle East’s responsible tourism trend
09:08 GMT
The Sultanate of Oman and Jordan lead the way in the Middle East for the development of responsible tourism and are model examples for others in the region to follow.

August 10, 2011

Other experts voiced a reminder that Lebanon escaped unscathed from several financial crises that gripped the U.S. and European markets in the past
Lebanon safe from debt crisis fallout
16:30 GMT
The steep U.S. economic and financial crisis which caused stocks around the world to tumble will have no dire effects on the Lebanese economy and capital market.
Unlike the previous quarter, most of the pressure on access to finance appears to be concentrated on Asia-Pacific and the Middle East
High inflation and low investment hampers recovery, ACCA survey shows
16:00 GMT
Of the 2,186 Association of Chartered Certified Accountants (ACCA) members surveyed between 16 May and 6 June 2011, only 26 percent reported increased confidence.
The unrest forced the cancellation in June of a Formula One Grand Prix, a major and popularsporting event in Bahrain
Bahrain economy loses up to $2 bln due to political unrest
16:00 GMT
Bahrain’s economy has lost up to $2 billion due to political unrest that hit the Gulf Arab island state in February, the head of the country’s chamber of commerce was quoted Monday as saying.
Many poor families have removed fruits from their diets, after that food group saw a price spike of more than 40 percent
Ramadan is back, where have the prices gone in Lebanon?
09:25 GMT
It’s almost dusk; families gather together to break their fast, it’s a time when brothers and sisters in Islam seek blessings, goodness, obedience and religious learning.