Featured Articles

March 5, 2013

Some Egyptians fear Iranian pilgrims might come disguised as toursits
12:24 GMT
Egyptian Islamist preacher Safwat Hijazi has voiced objection to a tourism agreement with Iran, expressing fear that Ayatollah’s regime in Tehran might be sending Shiite missionaries disguised as tourists.
The SIC said that out of the 191 investigated cases 126 were local and the rest were foreign
12:17 GMT
Lebanon waived its banking secrecy laws 24 times in cases that involved money laundering and terrorist funding in 2012, a new report said.
The surplus, equivalent to 33 per cent of annual 2012 GDP, was lifted by a combination of soaring revenues and comparatively softer spending grow
11:03 GMT
Kuwait's budget surplus keeps on growing, new figures show, climbing to $57 billion.
Mideast air freight demand fastest growing
08:39 GMT
Middle Eastern airlines posted the fastest-growing air freight demand in January globally, reporting an increase of 16.3 per cent over the same month in 2012, new figures show.
The UAE is France’s third biggest ‘trade surplus’ partner, generating more than $2.7 billion in trade surplus
08:17 GMT
The French government expects its $6.7 billion (Dh24.6 billion) bilateral trade with the UAE to grow at between 10-15 per cent this year, a senior official said.
A new retail website promising to give shoppers the experience of an ‘online mall’ is the future of shopping in the UAE
08:03 GMT
Malls are the place to go shopping in the the Middle East, but will an online version woo customers in the UAE?

March 4, 2013

The salary hike would be referred to Parliament during the first Cabinet session after March 21
11:51 GMT
Lebanon's President pledged over the weekend to push forward salary increases for civil servants and teachers within a three-week deadline.
Financial curbs on Bahrain airlines monitored
11:35 GMT
Financial institutions in Bahrain are being monitored as they impose precautionary restrictions on the staff of Gulf Air and Bahrain Air, according to the country's banking watchdog.
The rate of growth was broadly unchanged from January and remained above the series average
11:22 GMT
The Saudi non-oil private sector registered solid improvement in its business activity during February with firms reporting a surge in production and new factory orders compared to last month.
Lebanon, more than 40 international oil and gas companies have purchased the seismic data from the Energy and Water Ministry
07:38 GMT
Following the discovery of potentially lucrative oil and gas deposits of the coast of Lebanon, one expert has urged a clear and transparent bidding process for contracts.
It is obligatory for manufacturers and suppliers of plastics to register 15 non-biodegradable products
07:11 GMT
The UAE is making moves to ban non-biodegradable plastics from the the start of next year.
Through the UAE, foreign investors could have a wider field to link to over 2.2 billion consumers in the Middle East
06:58 GMT
Trade between the United Arab Emirates and South Korea is booming, registering $22 billion, with further growth expected.

March 3, 2013

Mobile video traffic will grow 27-fold from 2012 to 2017, a compound annual growth rate of 93 per cent
12:01 GMT
A big surge in smartphone suers in the Middle East should force operators to introduce 4G technology sooner rather than later, experts said on Saturday.
The union would be taking escalatory steps by next week
10:33 GMT
Trade Unions in Lebanon vowed on Friday to start a week of “exceptional” protests Monday in another bid to pressure the cabinet into passing a new salary scale to the Parliament.
 Libyans were introduced to the new 1 dinar bill; a smaller, more colourful bill that is a better representation of the country's values
10:33 GMT
Libyans are getting ready to have a fist full of one dinar notes after the country unveils a new design that it hopes better reflects the post-revolution values.