Featured Articles

October 15, 2012

Egyptian port of Ain Sokhna is forcing a local transit company to ship Turkish goods through Israel instead
11:14 GMT
A strike at the Egyptian port of Ain Sokhna, has ceased operations forcing ships to delivery their cargo via Israeli dockyards, adding pressure to the Egyptian economy.
Recent statistics from the Board of the Saudi Chambers of Commerce confirm that the Kingdom has become one of the largest automotive markets rolling out around 700,000 vehicles in 2011
10:58 GMT
The automotive industry in Saudi Arabia is in the fast lane as sales look set to hit $6.9 billion and the Kingdom is becoming one of the biggest car markets in the world.
What does the currency crisis mean for ordinary Iranians?
07:00 GMT
The Iranian rial crisis has caused red faces around Tehran, after the currency faced rapid devaluation. But what does this mean for the citizens of Iran, and what are the politics of the situation?
The UN is meeting in Rome to look at ways to deal with the global rise in food costs
06:00 GMT
The United Nations is to meet in Rome to consider ways of alleviating the global food price crisis that is engulfing the world, and causing millions of people to go to bed hungry.
Many are heralding the recovery of the Dubai real estate market, but what is the true picture?
06:00 GMT
The real estate market in Dubai is rocketing, all may not be what is seem, as the reality suggest a more subdued recovery.

October 14, 2012

The Arab fashion industry is booming, growing 400 per cent in ten years
12:42 GMT
Arab fashion industry has registered a solid growth of more than 400 per cent over the last decade with the UAE emerging as the regional fashion hub, attracting major international brands, said an expert.
Saudi Arabia is investing to improve Hajj for pilgirms
12:33 GMT
The Saudi Kingdom is investine SR 1.1 billion at holy sites as part of the governments efforts to enhance facilities for the annual Hajj pilgrimage.
The IMF says that subsidies in the MENA region must be reduced
12:09 GMT
At the IMF general meeting, the Middle East and Central Asia Department boss has said that the Middle East and North Africa region is spending $200 million on general subsidies that need to be reformed.
Does Lebanon need an economic rescue package?
08:26 GMT
the Lebanese Businessmen Association has repeated its cals for an economic rescue plan whilst also lamenting any rise in public sector salaries.
The Middle East is the worlds largest importer of wheat
07:00 GMT
Despite changes in diet all over the world, and particularly in the Arab world, wheat is still the most important ingredient in the daily meals consumed by all sectors of society, but it is increasingly harder to source and the Arab world is the biggest importer.
Even when Israel is looking like it is being kind, Palestine still suffers
06:00 GMT
Hundreds of thousands of entry permits are expected to be granted to Palestinians during Eid al-Adha, but the move is likely to hurt Palestine economically as well as undermine the standing of the Palestinian Authority as the effective power.

October 11, 2012

Saudi youths worry about their future
13:11 GMT
Young people in Saudi Arabia have started to complain that they are not being offered adequate training for the work place as employers complain that they find it hard to find potential staff with the right training.
As the Syrian conflict continues, the government warn of economic catastrophe
12:15 GMT
Syria's deputy prime minister and minister of trade declared this week that the country's economy would suffer "heart failure" if the crisis that has been sweeping the country over the last 18 months continues for another three months.
The firing of an airline employee accused of racism shows public opinion means a lot in Lebanon
12:05 GMT
The firing of a Middle Eastern Airline employee after she publicly insulted foreign passengers is proof that, in a society which still has far to go in combating racism, public opinion is powerful and moving in a positive direction.
The future of Arab Spring economies could be bright
08:56 GMT
The Arab Spring could have wide-ranging effects on the economies of the MENA region and could lead to an increase in entrepreneurship, according industry.