Featured Articles

October 24, 2012

Pro-government Dunia TV has been dropped by Europe’s Hotbird satellite broadcasting system as sanctions take affect
08:43 GMT
Europe’s Hotbird satellite broadcasting system has suspended the broadcast of Syrian television channels, the Syrian government announced, as sanctions against the media by the EU and Arab League affect.
The targeting of the chief of Iraq's central bank shows the power games in the country, diplomats and experts claim
05:00 GMT
The targeting of Iraq’s well-respected central bank chief appears to be a move by Prime Minister Nuri Al-Maliki to consolidate power and sends a bad message to international investors, experts and diplomats say.

October 23, 2012

Mosques: The blueprint for a green future?
14:00 GMT
With the Wold Energy Forum happening in the UAE, Mosques in the region have become an surprising flag bearer for renewable energy, after an initiative was launched to educate people in the emirate to conserve water and electricity and follow green standards by using mosques as models.
Is Morsi making the moves on Ahmadinejad?
14:00 GMT
Iranian diplomat calls for relaxation of visa restrictions to boost economic ties between Egypt and Islamic Republic, says Iran could help tackle Egypt’s energy crisis.
Potential butchers strike in Bahrain over sheep-supply issues
13:19 GMT
Angry butchers in Muharraq are planning an indefinite strike from today over claims they have been sidelined in the distribution of up to 5,000 live sheep in the build-up to Eid Al Adha.
Small and Medium sized Enterprises in the MENA region are booming
11:48 GMT
The number of start-ups in the MENA region increased eight times in 2011 as compared to 2005. Jordan, Lebanon, Egypt and the UAE attracted most early stage investments in the same period, in some positive news for the economies of the region.
Rail markets in the MENA region are booming
09:17 GMT
The Middle East and North Africa (Mena) region is currently one of the world's fastest growing markets for rail with over $156 billion worth projects planned or under way in the region.
More bad news for the President as the economy is dealt a fresh blow
08:18 GMT
Lebanon’s economy will end 2012 on a negative note as political and security instability drags on with medium- and long-term economic indicators showing continuing signs of mediocrity.
Could solar power be the future in the UAE?
05:00 GMT
The UAE has opened the first World Energy Forum outside the United Nations headquarters in Dubai on Monday, the forum’s official website reported.

October 22, 2012

Saudi Arabia booming in increasing oil prices
12:30 GMT
Saudi Arabia's economy is forecast to surge by around 3.8 percent on current prices, to hit an all time high in 2012 amid swelling oil prices underpinned by robust public and private sectors, as oil prices creep up globally.
Khairat El-Shater has helped secure a Qatari loan that will save the Egyptian pound
12:19 GMT
Brotherhood number two and Mubarak-era minister arrange for final installments of Qatari loan to be paid by end of year in order to stave off decline of Egyptian pound.
The UAE Central Bank and Abu Dhabi  came to Dubai's rescue as it struggled in the face of the global financial crisis
11:31 GMT
The U.A.E. central bank and the Abu Dhabi government bailed out Dubai with $20 billion of loans after the city-state that became synonymous with skyscrapers and man-made islands roiled the global financial markets in late 2009.
Arab Bank has recorded a big increase in net profits
09:56 GMT
With a global economy that is claiming victims almost daily, Arab Bank looks impressive ass the group announced that its net profit increased by 13 per cent during the nine months period ended September 30, 2012 compared to the same period in 2011.
Hajj is highly spiritual, but can it be done as a VIP?
08:49 GMT
Performing the Hajj pilgrimage can be a costly business, but one a hugely spiritual one journey that is often once in a lifetime. Now, to make it even more special, a pilgrim can have the 'Hajj VIP' Package.
Bank loans are crippling Omanis in a worrying sign for the economy
06:00 GMT
Omani citizens are saddled with more banks loans then they can afford and the increasing number of borrowers is threatening to tip the scale of economy, say financial experts.