Featured Articles

November 1, 2012

A fuel crisis is heading to Jordan and could see blackouts and road restrictions
08:43 GMT
The Jordanian government is weighing options ranging from restricting the number of vehicles on the Kingdom’s roads to timed blackouts in order to confront what officials are calling an emerging “fuel crisis”.
Morsi has received a delegation from the EBRD
04:00 GMT
President Mohamed Morsi received on Tuesday 30/10/2012 President of the European Bank for Reconstruction and Development (EBRD) Suma Chakrabarti.

October 31, 2012

Lebanon's banking sector has been able to withstand shocks from both the U.S. and European financial crises
11:02 GMT
The Eurozone crisis that has beset European countries that use the Euro, caused by dangerous lending and cheap credit, has had a dramatic impact on the continent, but so far it the contagion has been contained to affected nations, but it could soon be lapping at the shores of Lebanon.
The Washington-based IMF has predicted Oman's fiscal surplus will be 7.1 per cent of GDP this year, down from 8.1 per cent in 2011
11:00 GMT
The Omani economy is set to grow by five per cent in 2012, according to latest figures by the International Monetary Fund, although growth is expected to slow in 2013 as GCC countries face a slowing global economy beset by the potential 'fiscal cliff' in the US, the Eurozone and a slowing Chinese economy.
EU-wide ban on imports of settlement goods
09:59 GMT
People have long called for a boycott of goods made in Israeli settlements in Palestine, and now 22 Non-governmental Organisations (NGOs) have demanded that the European Union bans all imports from the settlements.
As conflict continues in Syria.
08:19 GMT
While the devastating civil war is raging in Syria resulting in a human toll of 40,000, Dubai Chamber of Commerce and Industry is looking to the future and is set to hold a conference looking at the economic planning in a 'post-Assad era'.
After the Arab spring, economists have said that they feel that market economies will prosper in the new democracies
04:00 GMT
Market economies are likely to prevail in countries affected by the Arab Spring despite calls for widespread change, according to economists and academics gathered at a Tunisian conference.
Are international sanction on Iran hitting Hezbollah?
03:00 GMT
International sanctions are forcing Iran to cut back aid to its anti-Israel Hezbollah allies in Lebanon, but the Lebanese group remains a potent force, a top Israeli military official said Monday.

October 30, 2012

The regulations in India have hurt Dubai’s gold trade hard
11:17 GMT
The gold industry in Dubai has taken a substantial hit over recent months, as Indian authorities have ramped up duties on imports, losing 30 per cent over three-months, but the festival of Diwali could provide a glimmer of hope for the markets.
Employees in the UAE could benefit from being emancipated from their emails
10:54 GMT
We live in a world where communication is valued more and more, our phones act as mini-computers and where ever we are in the world, we can get that e-mail from the boss asking us to work. But is it time for workers to assert their rights and switch off after hours?
More than half of employees (54 percent) are still using only smartphones for basic work functions
10:54 GMT
The smartphone and the tablet are slowly making their presence felt in the work place, as workers move to intuitive and user-friendly systems. But are we witnessing a revolution or is it just a phase?
The IMF thinks the GCC needs to reduce government expenditure
08:57 GMT
Most Arab oil exporting countries in the Gulf should plan to reduce growth in government spending to make their budgets more sustainable, as their combined surplus could turn into a deficit around 2017, the International Monetary Fund said yesterday.
Many Lebanese are struggling with personal finances, as inflation rises and the economy struggles
08:53 GMT
Over half of Lebanese cannot afford to save money while two thirds face difficulties securing food and other necessities, a Finance Ministry survey showed Monday as inflation figures soared in first nine months of 2012.
Is oil a curse for the MENA region?
03:00 GMT
Oil, often referred to as black gold, it can make a country and wealthier than they ever imagined, but there is a dark-side to the black stuff. It has lead to the deaths of many where good geology has led to bad politics.

October 29, 2012

what is the future for the GCC?
11:47 GMT
The Gulf Cooperation Committee is doing relatively well in the face of the globale economy that is beset by the Eurozone, the US's so-called 'fiscal cliff', and a slowdown in China, but what is the future for the organisation?