Featured Articles

October 21, 2012

Dubai is planning to invest in road transport in residential areas
09:45 GMT
Preparations are under way to roll out the next phase of Dubai’s major transport infrastructure initiative focusing on building roads for key residential areas, a senior official has said.
As another ship attempts to break the blockade of Gaza, Qatar pledges support
09:34 GMT
As Israel stops another pro-Palestinian ship carrying humanitarian cargo for Gaza on Saturday, Qatari and Palestinian officials said that their Gulf state will start to channel goods and materials to rebuild Israeli-blockaded Gaza via neighboring Egypt.
After the bombing that killed Wissam al-Hassn, what is next for Lebanon's economy?
06:00 GMT
The deadly explosion in Beirut's Ashrafieh neighborhood will likely deal a crippling blow to the already struggling Lebanese economy, experts have said.

October 18, 2012

Tourism recovering in Egypt, but are the figures a true indicator?
12:52 GMT
Inbound tourism over last 4 months increases year-on-year despite ongoing political uncertainty and election of Egypt's first Islamist president.
Is the Jordanian economy about to hit a fuel and energy crisis?
12:30 GMT
Achieving self-sufficiency in Jordan requires the removal of distortions in the energy market and investing nearly $25 billion in the coming years, as the economy struggles against regional and international pressure, according to Jordan Economic Social Council President.
The  petrochemical industry is big business in the GCC
12:08 GMT
The Gulf petrochemicals industry continues to be the largest producer and exporter in the world accounting for 11 per cent of the $600 billion global petrochemical industry, which is set to grow in the region.
A wealthy Qatari man paid more than a quarter million dollars to buy six unique riyal banknotes (Photo courtesy of Bonhams.com)
09:03 GMT
A wealthy Qatari man paid more than a quarter million dollars to buy six unique banknotes of his country on a public auction in London.
Bread subsidies, a mainstay f the life in the Middle East, could be reformed in Egypt
06:08 GMT
The world's largest wheat importer aims to build new silos over next 3-4 years along with potentially controversial moves to reform bread subsidies, as the Egypt plans a crackdown smuggling and illegal trade.
Egypt's Ain Sokhna Port looks set to remain closed as workers take industrial action over the sacking of colleagues
05:00 GMT
Egypt's Ain Sokhna Port remained closed on Wednesday after company management failed to reach an agreement with workers over the latter's demands, but what has caused the industrial action?

October 17, 2012

The Turkish  economy is faltering as it looks set to record a huge deficit
14:06 GMT
The Turkish economy is starting to struggle, being beset by weak growth and high spending as the country, among the fastest growing in 2012, is looking set to record a budget deficit of $18.4 billion.
Could the economy be causing violence in the UAE?
13:08 GMT
Members of Parliament in the United Arab Emirates have said that low standards of living were driving people onto the streets to commit acts of violence. They said extremists were exploiting youths from poor families and have called on the government to take action.
Siemens sign lucrative deal with Dubai Electricity and Water Authority
12:30 GMT
Siemens Energy Service has signed long-term service contracts with Dubai Electricity and Water Authority’s (Dewa) for its newest power station in operation, the Jebel Ali M-Station, in a deal worth $450 million.
Will renewable energy be the future?
10:30 GMT
Initiatives in renewable energy in developing countries will inspire the world to adopt clean energy to address energy poverty and climate change caused by pollution, as countries in the MENA region slowly move to less oil-dependent energy sources.
Too few SMEs in Dubai have adequate internet presence, a new survey has found
10:09 GMT
Small and Medium sized Enterprises in the United Arab Emirates have a "substandard" presence on the internet, according to a new survey by 'Local Media' an online directories company based in Dubai, claims The National.
iPhone 5: Bigger handest, big in Gaza and even bigger price tag
09:22 GMT
Apple's new iPhone 5 is selling well in Gaza, despite prices well above $1,000, double the price in the US and is getting to the Palestinian enclave via smuggling tunnels even before neighboring Israel received official deliveries of the gadget.