January 20, 2013
As the Lebanese economy continues to struggle in the face of the civil war across the border in Syria, the Central Bank has ordered commercial operations to inject much needed liquidity into the market.
The challenges of the economies of 'Arab Spring' nations continue to dominate the news and should feature highly on the discussion at an economic summit in Saudi Arabia starting tomorrow, according the the Saudi Foreign Minister.
January 17, 2013
Economies around the globe have often benefitted from devaluing their currency, but experts fear that Egypt's currency plan will leave the country still floundering.
Beirut's best beer has headed to the US to try and woo punters in an increasingly crowded microbrewery market.
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.