April 15, 2012
By 2035, global demand for energy will increase by almost 40 percent, and currently more than 1.5 billion people worldwide are without access to electricity, said experts at a debate hosted by DuPont in Sao Paulo.
Why is so much money being pumped into the aviation sector, at what benefit to those countries? Does it make economic or commercial sense or is it simply just competition to outshine one's neighbours?
April 12, 2012
Ahmed Saleh Al Marhoon, director-general of MSM, addressing participation of the heads of Arab stock exchanges in presence of a number of officials and experts from international stock markets.
The cost of eating in restaurants and staying in hotels rose more than 13 percent in Abu Dhabi in March compared to a year earlier, government data revealed.
The Arab banking sector should play a bigger role to attract capital and boost investments in productive sectors across the region in a bid to create more job opportunities and fuel growth, chairman of the Lebanese Banks Association Joseph Torbey said.
April 11, 2012
The Saudi stocks took another dip at Tadawul on Tuesday.
The Jordan Construction Contractors Association launched a plan last year to export construction services abroad, in an attempt to curb the decline in members’ businesses inside the Kingdom.
April 10, 2012
Middle Eastern firms report that a wider distribution of customers (47 percent) and more flexible workspace (39 percent) would make the greatest contribution to enhancing future business stability as a platform for growth.
Usually petrol stations move immediately when there is an increase, but when there is a reduction, they delay until they get rid of (higher priced) stock.
Analysis of the GCC banking sector performed by QNB Group concludes that its prospects are stable, banks are expected to be remain profitable and that the sector itself has room for growth.
April 9, 2012
Private Hospitals Association (PHA) Executive Director Abdullah Hindawi said the PHA is working on a plan, in cooperation with the Jordan Hotels Association (JHA), to offer new sightseeing and medical tourism packages.
Now, saying that Saudi investors are shifting focus from real estate to the stock market is not that accurate. Instead, it can be seen as a diversification across different asset classes.
The construction sector in the GCC is poised for a rebound, with $286 billion (Dh1 trillion) in projects set to be awarded between 2012 and 2016, according to a new research report.
April 8, 2012
The biggest increases in prepaid channels was recorded in Lebanon, Jordan and Egypt, followed by the UAE, Kuwait and Oman (each increasing threefold), Qatar, Saudi Arabia and Bahrain.
A given time, people can and do respond by lowering their consumption of oil.