June 24, 2012
The immediate trigger of the demonstrations was the government's decision to abolish fuel subsidies.
Highlighted in the global study as a 'small gem', Oman represents an attractive destination for global retailers, particularly for specialty and luxury players.
June 21, 2012
Saudi Islamic Finance Assets, valued at $94 billion, represent 26 percent of total GCC Islamic finance assets and 8.2 percent out of total global Islamic finance assets.
The GCC Education sector is poised for robust growth in the future, a leading regional investment bank has said.
After evaluating the situation, there would be an appeal period before the property tax law was actually implemented.
The global oil consumption will rise by about 60% by 2020 said Institute for Analysis of Global Security.
The economic differences between Spain and Lebanon are, of course, stark. One country is snarled in a larger eurozone problem, while the other is a constant victim of political instability.
In many ways, the line between a computer and smart phone or tablet is vanished, making it susceptible to similar attacks as desktop or laptops.
June 20, 2012
Major currencies witnessed hesitant moves during today’s Asian session amid investors’ worries over markets.
The Middle East may have seen revolution, riots and rebellion last year - but they show little sign of deterring retail brands from coming to the region.
Civil servants in South Sudan are expected to be negatively affected by the country's recently introduced austerity measures as a result of the halting of oil production in January.
One-year Egyptian pound forwards weakened to a record after the military took steps to curtail powers of the president chosen in the country's first free election.
The Republic of Sudan is the third on the list of the world's failed states, after the Democratic Republic of Congo (DRC) and Somalia respectively, the latest edition of the Failed States Index (FSI) has revealed.
In the next few years, Jordan will be ahead of other countries in the region in terms of Internet traffic,” Jawad Abbassi, founder and general manager of Arab Advisers Group, told The Jordan Times.
June 19, 2012
Theoretically, taking away fuel subsidies would heighten prices on fuel and consumption would go down.