August 13, 2012
Saudi Arabia's index advances to a fresh 11-week high, boosted by food stocks, but volumes slump as investors wind down ahead of the upcoming Eid holiday.
August 12, 2012
Electricite du Liban announced Friday that electricity production will start improving as of Monday in most Lebanese areas after the technical teams nearly completed maintenance work on some of the power plants.
The Qatar government has loaned Egypt $2 billion in an effort to assist Cairo in bolstering its struggling economy, the official state-run MENA news agency reported on Saturday.
Gold and silver prices are showing signs of renewed life after a long trek sideways since the highs of last year.
August 9, 2012
“Real gross domestic product growth in the GCC is seen dipping from 5.1 percent in 2012 to 3.5 percent in 2013, though the decline is largely due to a policy-driven cut in oil output from Gulf OPEC members”.
Sudan's ruling National Congress Party reiterated that oil deal with South Sudan cannot be implemented without a comprehensive agreement over the remaining unresolved issues, particularly the security matters.
How can the region's operators capitalise on this positive outlook for the oil industry, compete positively against their rivals and ensure that they get a significant slice of market share?
August 8, 2012
The global economic recovery has slowed down again in early 2012, according to a worldwide survey of finance professionals.
When over 8,000 students graduated from private universities in Dubai, universities are continuing to create a young workforce looking for employment in local markets.
Bahrainis are keen to bridge the gap between their educational preparation and actual job requirements.
August 7, 2012
The "Expat Financial Screening" service is designed to help financial institutions understand the background/financial history of their customers.
When used in a rigorous and targeted manner, Public-Private Partnerships (PPPs) can ensure efficiency, speed, transparency, and economic impact in the delivery of services or vital infrastructure.
Attacks aimed at small businesses doubled in the first half of 2012 suggesting that hackers are dedicating more resources to what they see as the most vulnerable marks, according to Symantec.
August 6, 2012
The decentralized model of alternative power generation can be a bonus, cutting grid transmission losses and construction times, but it can also be a burden for investors, particularly during a downturn that favors defensive stocks.
The Middle East economies will be hit by a decrease in tourism, trade and direct investment from Greece and other Euro zone countries.