July 8, 2012
According to Interior Minister Marwan Charbel, half of the country’s taxis are providing transportation services with fake registration papers and fake red license plates, which is designated for the “public” transportation sector.
July 5, 2012
Gulf banks will continue their steady recovery from the 2008 crisis and remain isolated from euro zone turmoil for the rest of 2012 and 2013.
Saudi Build 2012, set to be held from November 11 to 14, will serve as a key networking platform that will provide contractors, real estate developers and building owners with a full range of construction and building solutions.
The fears over possible changes to governmental tourism policies under a new leadership that subscribes to a more fundamentalist interpretation of Islam have caused the tourism industry to expect all sorts of problems.
July 4, 2012
The United States and the European Union (EU) have, by continuing the approach of sanctions and pressure, practically jeopardized the global energy security and balance.
The future of Lebanon’s energy market looks bright provided that plans to use Liquefied Natural Gas as an alternative fuel source to gas oil materialize.
Startups have to create something of real value to have meaningful economic impact in the long term.
July 3, 2012
Middle Eastern carriers led the industry in traffic growth as regional airlines recorded the strongest year-on-year rate of growth for any region in May, data from the International Air Transport Association, or IATA, revealed on Monday.
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.