Featured Articles

April 15, 2012

The Gulf is showing its determination to become a leader in renewable energy
14:11 GMT
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.
In recent years neither Bahrain's aviation sector nor Gulf Air has received the same level of investment as their neighbours
08:11 GMT
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

A request was submitted to the World Federation of Exchanges (WFE) to obtain full membership
14:25 GMT
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 UAE capital's consumer price index (CPI) rose by 1.3 percent last month, Statistics Centre of Abu Dhabi (SCAD) said
14:03 GMT
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.
Restructuring the flow of Arab capital would pave the way for a rapid development in the region’s financial sector
09:33 GMT
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

Overall performance of sectoral indices remained negative as all closed in the red, except the Media and Publishing
14:07 GMT
The Saudi stocks took another dip at Tadawul on Tuesday.
Construction projects under the public sector domain need to be determined
12:42 GMT
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

Globally, the Business Confidence Index rating is lower for small businesses (107) than for large firms (124)
12:54 GMT
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.
Petrol station owners feel they bear the brunt of consumers’ frustration
11:33 GMT
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.
The GCC's banking sector is in a good position to support the ongoing development of the region
08:59 GMT
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

A tourist can come to Jordan, enjoy his time, and at the same time undergo a medical checkup
11:04 GMT
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.
Is it realistic for investors to shift their focus from real estate to the stock market?
10:34 GMT
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.
Oman is expected to award more than $30 billion, followed by Qatar with $26 billion, Kuwait with more than $25 billion projects up for tender, and Bahrain with $10 billion
09:36 GMT
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

Online sales in the Arab world are forecast to top $2 billion by 2016
14:18 GMT
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.
On the supply side, there is a similar difference between short-term and longer-run effects
13:26 GMT
A given time, people can and do respond by lowering their consumption of oil.