January 6, 2013
A huge increase in GCC population to just under 55 million by 2020 will force the region to develop new and more sustainable energy sources.
January 3, 2013
Global banks are scaling back operations in the Middle East, as companies begin to question if the region is value for money as they cut bank on staff and sell-off operations.
The United Nations Development Programme is set to launch new new initiatives in Yemen, which it hopes will ease the chronic youth unemployment rate, which is currently at sixty per cent.
The pharmaceutical market of Saudi Arabia, one of the largest in the Middle East region, is forecast to expand by 4.7 per cent a year to reach $4.7 billion by 2016, a report said.
Lebanon's tourism and hospitality sector received a brief respite over the festive period, but 2013 looks set to be a tough year for the industry.
The number of guest workers in Jordan with valid work permits stood at 235,258 at the end of 2012, the Ministry of Labour’s end-of-year statistics showed.
The government debt of Saudi Arabia shrunk to SAR 98.85 billion by the end of 2012, and the Kingdom is directing resources at stimulating economic growth, and not just debt payments.
January 2, 2013
Smartphones, not laptops, are the most desired device among 18-30 year olds in the Middle East as they are seen as the most versatile and compact, according to a recent survey by Cisco.
The value of Abu Dhabi's foreign trade increased by 37.6 per cent in 2011 to AED532.9 billion ($145.09bn), accounting for 66 per cent of its GDP for the year, the Department of Economic Development (DED) revealed, reports The National
As Jordan and other developing countries struggle with growing youth populations and limited job opportunities, experts and officials say that solving the problem of youth unemployment is among the Kingdom’s top policy challenges.
Around a third of medication sold in Bahrain could be fake, a senior official said, adding that legislation is now being put in place to get to grips with the problem.
The year 2012 was an eventful one for Egypt. It saw a parliament elected then dissolved, a military junta ousted and a civilian president assuming power, and as expected the stock markt reacted, here are the five moments
2012 was a tough year for the Jordanian economy, and many living the Hashemite Kingdom are worried what the next twelve months will hold.
January 1, 2013
Jordan is set to receive $300 million from the Gulf states to boost investment in renewable energy, officials say, as Amman looks to solar and wind power as potential solutions to the country’s chronic energy woes.
2012 was a tough year for economies across the region, as the global downturn saw continued turbulence, and continued political instability made markets volatile, but the UAE's economy went from strength to strength.