Featured Articles

June 28, 2012

For his part, Prime Minister Najib Mikati said the rise of various wage and benefits protest movements at the same time “raises question marks about what is taking place on the ground.”
14:15 GMT
The Cabinet Wednesday failed to take action on a new set of salary scales for public sector workers, as top leaders said a spate of wage and benefits demands by state employees raised “question marks” about their timing.
Jordan’s economy is relatively small, which can achieve faster recovery
13:38 GMT
Jordan’s economy grew at a faster pace in the first quarter of 2012, prompting economists to forecast stronger performance for the entire year.

June 27, 2012

High-quality Emirati-made products, the promotion of the national industry and the strategic facilities offered to exporters have all played a significant role in increasing export volumes and expanding into more foreign markets
14:59 GMT
Dubai's non-oil foreign trade has seen a significant growth of 6.6 percent in the first quarter of 2012, reflecting the resilience and diversity of the UAE economy.
While transparency has improved in 80 percent of the markets across MENA over the past two years, these gains have been relatively modest and real estate markets in MENA remain less transparent than other global regions
14:40 GMT
Nearly 90 percent of markets have registered advances in real estate transparency during the past two years, driven by improving market fundamentals data and performance measurement, combined with better governance of listed vehicles.
Lebanon’s politically driven sluggish economic performance this year had affected the business
12:41 GMT
Lebanon remains ripe for industrial development despite economic slowdown in 2012, the chairman of FAP, a leading furniture and mattress manufacturer, told The Daily Star in an interview Tuesday.

June 26, 2012

Since 2000, there had been two times when energy shares lagged behind the S&P 500 for four months or more, according to data
13:45 GMT
At a time of record fuel demand, bountiful oil and natural gas, and expanding economies, no stocks are doing worse in the world than energy producers from BP to Hess Corporation.
The rents are likely to fall as supply in the residential rental market is set to continue to exceed demand
12:55 GMT
A top official of the General Secretariat of Development and Planning has said that house rents may decline further in Qatar because of supply exceeding demand.
Businessmen and investors seem receptive to the idea of passing the LL11.5 trillion extra-budgetary spending bill because the move would inject more cash into the market
09:50 GMT
The Parliament’s Finance and Budget Committee failed Monday to endorse a draft law to legalize over LL11.5 trillion ($7.6 billion) of extra-budgetary public spending for 2012, risking a return to spending crisis.

June 25, 2012

The fundamental aim of the exhibition and Gastech as a whole is to deliver technological knowledge and innovation, a key factor in propelling the global gas industry into the future
13:54 GMT
Touching upon all areas of the gas supply chain, the 12 CoTEs streams will feature content based on the upstream, midstream and downstream sectors.
The only foreigners coming these days are those who own property in the area and they come to check up on their houses
13:35 GMT
Faced with what they describe as the slowest start in years, communities in Lebanon's tourism-dependent towns of Bhamdoun and Aley fear a pitiable summer season.
As the economy picks pace, the construction sector of Bahrain sees a positive change in progress and expansion
11:54 GMT
The construction industry in Bahrain is shaping up after a period of unrest that also affected the real estate sector.

June 24, 2012

Libyan production was restored to 1.45 million to 1.55 million barrels daily by the end of May
15:00 GMT
Libya is seeking to boost its oil production by a third to two million barrels a day by year-end, surpassing last year's pre-conflict level, Libyan ambassador to Washington Ali Aujali says.
A genuine union, would empower the alliance and avoid political irrelevance
15:00 GMT
Simply stated, GCC rulers could no longer afford to sit on the fence, and it seems that King Abdullah has mustered the courage to exercise his “will-to-power” to lead increasingly awakened societies in a new direction.
Capital owners are urged to create a special fund that provides grants to the nation's needy students, researchers, academics and experts
15:00 GMT
The private sector should invest more money in education and in developing knowledge and scientific research in Egypt.
Implementation cost for new green plans are currently being debated at the global level
10:31 GMT
Bahrain has taken recent measures to transform the country’s construction and economy to a green technology, shifting to other forms of energy and reducing resource consumption.