January 8, 2015
Parallel to the savings problem, Turkey has the highest figures in Europe in terms of the ratio of credit card debt to the gross domestic product (GDP), with 53 percent.
Stock markets in the energy-rich Gulf states nosedived on Tuesday as oil prices slumped and global markets were dragged down by a gloomy outlook for crude.
January 7, 2015
At least 4.5 million Saudi tourists spend over SR80 billion ($20 billion) every year when they go abroad and six times as much as their Western counterparts.
Obsessed with breaking up conglomerates: how Israel's relationship with its natural resources is putting off investors
New regulation of Israel's natural gas and mining industries aimed at increasing competition to bring down prices is scaring off investors, putting billions of dollars at risk.
January 6, 2015
Pakistan’s high growth and economic expansion will boost its business relations with the UAE and globally during fiscal-2015.
Real estate trading last year registered a record JD7.76 billion, 22 per cent higher than the amount in 2013 when it stood at JD6.34 billion.
The Egyptian government has decided to no longer subsidise farmers planting cotton effective the upcoming growing season.
OPEC’s biggest members are counting down the months until their upstart rivals lose the one thing shielding them from crashing oil prices – hedges.
January 5, 2015
GCC countries are in an excellent position to become a global meetings hub because of their growing trade activity.
Speaking at an economic conference in Tehran, he said the Islamic republic would not give up its principles but it would be better placed to conclusively emerge from recession if it opened up
January 4, 2015
It may be 2015, but oil prices are what they were during the Grand Recession: what will the new year hold for the ME's economies?
Oil markets plunged further — sinking below $53, a level last seen during the Great Recession —as sun was setting on 2014.
President Abdel Fattah Al-Sisi made several economic promises to Egyptians prior to his election.
January 1, 2015
The dollar was on track Thursday to end 2014 with a gain of 12 per cent against a basket of major currencies.
To pin the current price slide on any one party is detrimental to finding solutions
December 31, 2014
Inflation rates across the Gulf Cooperation Council (GCC) region ranged between 1.02 percent and 3.11 percent in October 2014.