January 17, 2013
Syria signed a $1 billion credit facility agreement with Iran Wednesday, during Prime Minister Wael Halqi's visit to Tehran.
The Dubai stock market hit a ten month high as more foreign investors increase their activity in the Emirate.
The UAE has announced new plan to develop its National Strategy for Green Growth over the next nine months, in an effort to promote cleaner development and economics.
Oil of the coast of Lebanon could be highly lucrative and help the country reduce the coast of its energy imports.
January 16, 2013
The civil war in Syria is hurting the economy, forcing the relaxation of trade tariffs on basic commodities to make it easier for fuel and food to reach the embattled country.
As the conflict in Syria comes up for its second anniversary and political instability blights Egypt, remittances from Saudi Arabia to these countries has nosedived by up to thirty per cent.
Two years after the revolutions, the MENA economies continue to hurt after with wider MENA growth dropping in 2012.
Despite an economy that is heavily relient on hydrocarbons, the UAE has urged a greener future at the launch of Abu Dhabi Sustainability week and the World Future Energy Summit.
Plans to regenerate the maria in Tripoli, northern Lebanon, has caused consternation amongst locals, but after 20 years of neglect, can residents for the divided city work out a viable future together?
Queen Rania of Jordan used a keynote speech at the World Future Energy Summit in Dubai to say that the global economic slowdown warrants investment in green energy technology.
January 15, 2013
Iran is desperate to maintain its role with OPEC and is thought to have spent $25 billion investing in oil and gas industries, but experts believe that the Islamic Republic must spend more to ensure western sanctions don't affect its role on the organisation.
Kuwait is easing visa-bans on people from six nations, which it introduced in 2011 blaming "security concerns". The relaxation will allow individuals to bring some family members and the rules vary depend on whether they work in the public or private sector.
Jordan is set to launch a new scheme involving 120 government bodies in an effort to provide 18,000 jobs as the official unemployment rate in the Kingdom hits 12.5 per cent.
As protests continue in Bahrain, and concerns remains over human rights abuses in the the small island nation, a new report claims that Bahrain is the most economically free in the MENA region.
As other industries in Lebanon face a difficult future as the 23-month civil war in Syria grinds on, industrial exports are benefitting from the conflict.