June 26, 2012
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
Touching upon all areas of the gas supply chain, the 12 CoTEs streams will feature content based on the upstream, midstream and downstream sectors.
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.
The construction industry in Bahrain is shaping up after a period of unrest that also affected the real estate sector.
June 24, 2012
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.
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.
The private sector should invest more money in education and in developing knowledge and scientific research in Egypt.
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.
The immediate trigger of the demonstrations was the government's decision to abolish fuel subsidies.
Highlighted in the global study as a 'small gem', Oman represents an attractive destination for global retailers, particularly for specialty and luxury players.
June 21, 2012
Saudi Islamic Finance Assets, valued at $94 billion, represent 26 percent of total GCC Islamic finance assets and 8.2 percent out of total global Islamic finance assets.
The GCC Education sector is poised for robust growth in the future, a leading regional investment bank has said.
After evaluating the situation, there would be an appeal period before the property tax law was actually implemented.
The global oil consumption will rise by about 60% by 2020 said Institute for Analysis of Global Security.
The economic differences between Spain and Lebanon are, of course, stark. One country is snarled in a larger eurozone problem, while the other is a constant victim of political instability.