January 29, 2013
Despite ongoing clashes in Port Said and Suez, traffic through Egypt's strategic Suez Canal has not been impacted, canal officials report.
Contracts and projects worth $159 billion will be scrambling for finance in 2013, as lending institutions come to terms with new regulations such as Basel III.
The European Union along with the Lebanese agricultural ministry, signed agreements to finances $4.7 million worth of loans for agriculture and development.
January 28, 2013
As China continues on the path of economic growth unseen before in human history, and despite fears of a weakening US economy, the US dollar still remains the currency for trade.
The operator of Jordan's Queen Alia Airport announced six million passengers used the airport last year, the first time in history.
Unrivalled levels of spending on education in the MENA region will continue through 2013, meaning the Middle East will top education spending league tables.
Lebanon’s trade deficit widened 6 percent in 2012 to a five-year high of $16.8 billion as Lebanese fuel imports, which are partially being re-exported to Syria, soared.
The recent dip in Saudi Arabian oil production could hurt the the global oil industry, especially when coupled with any slowdown in Chinese economic growth.
Abu Dhabi's economic output has reach over one trillion dihrams ($272 billion), which demonstrates, "the robustness and stability of the emirate’s economy," according to the statistic department.
January 27, 2013
Owners of new homes in a high-end housing development in Bahrain are being denied title deeds after the company behind the project defaulted on a loan.
Experts at the World Economic Forum at Davos has warned that there is no room for complacency in the global economy, which still faces grave threats, ranging from a slowing in China to the Syrian civil war.
Street vendors in Morocco have long been marginalised, but a new framework will enable them to work legally, according to a statement from the trade minister.
Iran will keep pushing forward with its disputed nuclear programme, special advisor on international affairs, Ali Akbar Velayati, said in an interview with semiofficial state media.
A London-based monitoring group has said that restructuring of Lebanon's lucrative mobile phone market could harm any potential of privatisation in the future.
January 24, 2013
Laws introduced in 2005 in Lebanon designed to protect consumers from dangerous goods and unsafe food, appear not to be working, with the panel set-up to deal with the law having never met.