February 26, 2013
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.
Saudi Arabia is moving itself to become the centre for tourism in the MENA region, including massive new infrastructure projects and a new airport in Jeddah.
More than half of people working in the Middle East and North Africa (MENA) want to quit their jobs, according to a new study.
Iranian oil will continue to slip up as western sanctions on the Islamic Republic's alleged nuclear programme continue to hurt exports.
February 24, 2013
It's a scrumptious affair for food lovers and traders, as the Gulf's largest food industry event - Gulfood 2013 - prepares to showcase over 50,000 food and beverage brands and welcome hoards of industry VIPs to Dubai this week.
The GCC region remains steady in its inflation of 3.3%. The Gulf economies witnessed a moderate 3.0 percent inflation in consumer prices during 2012, down from 3.7 percent in 2011, according to the expert tracking. This is relatively low when compared to the global average inflation of 4.0 percent and the MENA region's 10.4 percent.
A survey has found that in the next three months, 30% of Middle East and North Africa (MENA) employers are “definitely hiring”, with an additional 27% stating that they are “probably hiring”.
February 21, 2013
Strike action in Lebanon rumbles on as the long-running debate over public sector pay increases shows no sign of abating.
The global phone giant HTC launched its new HTC One handset yesterday, which it hopes will take the fight to Apple for supremacy in the fight to be the leader in the market.
Defense contractors in the UAE are expecting to close deals with various government entities during Idex as they call on customers to buy locally.
Port Said, once a bustling trade and touristic hub, has been ravaged by recent violence, which hurts the once flourishing economy.