Featured Articles

October 4, 2012

Shari'ah compliant stocks are continuing to grow
09:21 GMT
Shari'ah-compliant stocks are showing sings of continuing growth, with the Dow Jones Islamic Market Titans 100 growing 2.76 per cent in September, according to S&P Dow Jones Indices.
GCC profits show mixed results  for GCC regions
09:08 GMT
GCC-listed companies announced aggregate profits of $11.6 billion for the second quarter of this year, with Kuwaiti firms leading the losses.

October 3, 2012

Queen Alia International Airport is taking off
12:23 GMT
Queen Ali International Airport (QAIA) is gaining prominence as an aviation gateway for the region in terms of passenger traffic and expansion, according to airport developers.
Bahrain plans to boost farming
11:50 GMT
Bahrain is set to increase domestic food production from 20 per cent to 60 per cent in the next four years, said a senior government official, after concerns were rais over food security.
The tourism industry in Lebanon is facing a crisis
10:00 GMT
As the Gulf states advise against travel, and sporadic violence and kidnapping incidents beginning to plague Lebanon, the tourism industry is starting to struggle as staff are being laid-off and business is falling of a cliff.
Marxist intellectual Samir Amin discusses capitalism and left wing Islam
08:55 GMT
In a wide ranging interview, renowned Marxist intellectual and economist Samir Amin, discuses capitalism, and its latest manifestation in Neo-Liberalism, and the potential rise of a left-wing Islamist movement.
Iran's currency in crisis
08:00 GMT
Fears are rising over the continued viability of the Iranian economy and as the US claims success for the sanctions, seeing the Riyal lose 25% of its value in one week alone, leaving investors and citizens alike scrambling for safer currencies.
Saudi's banks profits surge
07:00 GMT
Saudi Arabia's banks are set to report higher third-quarter profit after they extended loans to real estate and petrochemical projects, and helped arrange record Islamic bond sales.

October 2, 2012

Lebanon’s Economic Committees handed Prime Minister Najib Mikati a copy  of a study that warns of negative ramifications if the pay rises get the go ahead
12:00 GMT
The long-running saga over the potential increase in public sector pay hit another hurdle on Monday as Lebanon’s Economic Committees handed Prime Minister Najib Mikati a copy Monday of a study that warns of negative ramifications.
As winter nears in Jordan, fears are raised over the Kingdoms fuel and energy needs
09:52 GMT
Winter is rapidly approaching Jordan, leading to concerns of the availability of fuel imports, which account for 96 per cent of the Kingdoms energy as fuel subsidies are likely to hit JD1 billion by the end of the year.
The Lebanese smoking ban is slowly gaining support as activists take to the streets to help enforce the ban
07:40 GMT
The controversial smoking ban in Lebanon is slowly gaining support, as activists take to the streets to help enforce the new law.
The tunnel between Egypt and Gaza could have been closed permanently if the free trade agreement went ahead
07:23 GMT
There is no plan to establish a free trade zone between Egypt and Gaza, as Hamas has previously hoped. The agreement would have closed the tunnels linking Gaza and Egypt, but the Egyptian government are wary over its tense relations with Israel.
DEspite high fuel prices and concerns of the global economy, airline profits are expected to rise
06:50 GMT
Profits in the airline industry unexpectedly rose, even as fears of the stability of global economy remain. The International Air Transport Association (Iata) upgraded this year's anticipated global airlines earnings to $4.1bn from its June forecast of $3bn

October 1, 2012

Women in the Kingdom are demand reforms to childcare after violent attack
15:14 GMT
Childcare has come sharply in to focus in Saudi Arabia after an attack on a 4 year-old girl by her maid. Now, Saudi's burgeoning group of career women demand that daycare provision needs to be reformed.
The latest iPhone will be highly desired item for many professionals
15:00 GMT
Smartphones have emerged as the number one consumer electronic gadget to be used by professionals during business and leisure situations, according to a new CNN survey into consumer electronics.