Featured Articles

January 2, 2013

2021 saw the Egyptian stock market reacted  to the turbulent political scene in the country
09:23 GMT
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 Jordan's economy and residents of the Kingdom fear what 2013 will hold
03:00 GMT
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

Is Jordan about to have a renewable energy revolution?
08:00 GMT
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 proved to be a good year for the UAE
06:00 GMT
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.

December 31, 2012

Today, the best New Year’s Eve party in Lebanon costs $500, while last year they exceeded $1,000
11:33 GMT
As the the UAE's travel ban on its citizens heading to Lebanon for a holiday takes hold, hurting the once-thriving tourism industry, is there more than meets the eye in the advice not to visit?
Islamists believe that media can change reality and that is why they want to fight the media
11:02 GMT
Media plays an ever increasing role in society, educating, informing and entertaining, but is Egyptian media up to the job in presenting a fair and balanced view or is it merely recreating the polarised division on the streets?
Coal could overtake oil as the worlds main fossil fuel by 2017
08:29 GMT
Coal will nearly overtake oil as the dominant energy source by 2017, and only a drop in world gas prices could curb the use of the dirtier fossil fuel in the absence of high carbon prices, the International Energy Agency (IEA) said.
The UAE economy is still set to grow in 2013, despite global economic difficulties
08:22 GMT
The UAE economy is expected to grow at a rate between 3.25 to 5 per cent in 2013 in a world still grappling with economic and financial challenges.
Egypt's Prime Minister has said that he wants talks with the IMF to resume
08:21 GMT
Prime Minister Hisham Qandil said on Sunday that Egypt wants to resume talks with the International Monetary Fund in January on a $4.8-billion loan frozen this month because of political tensions and unrest.
New gas fields have been found in Egypt's Nile Delta Basin
03:00 GMT
Dana Gas, the Middle East's first and largest regional private sector natural gas company, has made two new onshore gas discoveries in the Nile Delta Basin of Egypt.

December 30, 2012

The elections season used to be a major stimulant to the business
12:21 GMT
Jordan is gearing up for parliamentary elections on January 23 in the usual fashion of having posters for candidates hanging from every conceivable place and campaign tents dotted across the city dishing out sweet kunafa to the electorate, but suppliers are warning of a lower spending in this round of elections.
Up to 4,000 jobs within the BDD could be created over the next three to four years, and is adamant that some of these will go to members of the local community
11:10 GMT
Beirut is throwing off the shackles of history and forging a new 'Beta' version of itself for the 21st Century, but is all the digital development good for the Cedar city or is it just gentrification by any other name?
All experts and officials insist that the Lebanese company will not put a penny in the construction of oil platforms because the oil companies will do all the necessary investments
10:42 GMT
Over 40 international oil companies are expected to take part in the first gas tender in Lebanon in February 2013 amid indications that the country’s untapped reserves could be larger than early indications.
The construction industry in Yemen highlights the economic woes of the country
09:04 GMT
Yemen's construction industry is one of the most important sectors of the economy, comprising of two-thirds of national output, but the problems that it faces eloquently highlight the issues that Yemen needs to overcome.
Oil marketing revenues in Oman are set to boom in 2013, a new report shows
08:27 GMT
Oman's oil sector is well known for being highly lucrative, but new research shows the marketing of so-called "black-gold" in the Sultanate is expected to witness strong growth in 2013 due to growing consumer demand.