July 3, 2012
An insurance profitability deterioration trend is being witnessed over the last four years across top 30 conventional insurers dropping from 28 percent in 2007 to nine percent in 2011 in the Gulf Cooperation Council (GCC).
Gold and silver prices have their lows for the year behind them and are set up for a powerful advance.
July 2, 2012
An increasing number of analysts see oil prices averaging below $100 a barrel over the next two years as doubts about medium-term economic growth outweigh concerns about oil supplies, a Reuteaudirs poll found.
The Public Prosecution Department rejected an appeal submitted by 13 suspects who have been accused in the multi-million dinar cash deposits case to lift a freeze imposed on their bank accounts.
Businesses need to urgently look at ways of increasing efficiency and productivity to save their staff from carrying work over into their personal time if they want to ensure that staff remains happy, healthy and productive.
July 1, 2012
Bahrain and Qatar supported the proposal, while Manama stressed its urgency.
Global reinsurer Swiss Re ranked Lebanon the first in the MENA region and 46th out of 147 countries globally in terms of total insurance premiums to gross domestic product in 2011.
Libya needs everything. There is huge demand for goods, services and know-how from all sectors of the economy and Libya welcomes all to support its rebuilding efforts.
June 28, 2012
Dubai and Abu Dhabi are the most transparent real estate markets in the Middle East - but have a long way to go before they can match global leaders.
The Cabinet Wednesday failed to take action on a new set of salary scales for public sector workers, as top leaders said a spate of wage and benefits demands by state employees raised “question marks” about their timing.
Jordan’s economy grew at a faster pace in the first quarter of 2012, prompting economists to forecast stronger performance for the entire year.
June 27, 2012
Dubai's non-oil foreign trade has seen a significant growth of 6.6 percent in the first quarter of 2012, reflecting the resilience and diversity of the UAE economy.
Nearly 90 percent of markets have registered advances in real estate transparency during the past two years, driven by improving market fundamentals data and performance measurement, combined with better governance of listed vehicles.
Lebanon remains ripe for industrial development despite economic slowdown in 2012, the chairman of FAP, a leading furniture and mattress manufacturer, told The Daily Star in an interview Tuesday.
June 26, 2012
At a time of record fuel demand, bountiful oil and natural gas, and expanding economies, no stocks are doing worse in the world than energy producers from BP to Hess Corporation.