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April 19, 2012

One obvious worry is the ability of Asian economies to maintain export growth while Europe struggles
14:10 GMT
The new World Economic Outlook released by the International Monetary Fund on Monday has a tone of cautious optimism.
One of the downsides of being part of a family business is that it is often perceived as having no separation between family and business interests
11:34 GMT
Family businesses will increasingly be the backbone and a major driver of growth, with a huge capacity to create employment across the Middle East and Europe, a report said.
GCC oil producers are called upon to produce more oil to fill the shortfall in supply created by the regional political turmoil
10:59 GMT
Gulf countries are experiencing a big surge in their balance of payment surpluses due to high oil prices and increased oil production and exports, senior officials from the Institute of International Finance (IIF) said yesterday.

April 18, 2012

To secure the global recovery, the IMF urged central banks in the United States, euro zone and Japan to stand ready to deliver further monetary easing
12:14 GMT
Global growth is slowly improving as the United States recovery gains traction and dangers from Europe recede, but risks remain elevated and the situation is very fragile, the International Monetary Fund (IMF) said yesterday.
The price of a standard pack of bread is currently capped at LL1,500
10:52 GMT
The Union of Bakeries has decided to hold an open-ended strike starting Thursday.
Moving toward a green economy will make the Kingdom a producer of knowledge
09:04 GMT
The Kingdom should move toward that to be action wise, mental wise and investment wise," says Nahed Taher in an exclusive interview with Arab News.

April 17, 2012

The union said the sharp increase in the prices of raw materials used by bakeries was the major reason behind the strike
13:58 GMT
Lebanon’s Union of Bakeries announced Monday it would hold an open-ended strike from Thursday until the government compensates them for the increased cost of raw materials used in bread production.
The logic is: don’t put all your eggs in one basket
10:18 GMT
Diversification is a risk management strategy since prices of different assets often move in opposite directions and having more than one asset in your portfolio helps limit the risk or impact of sharp price changes in one asset class.
Al Mansouri touched on the investments going into the expansion of infrastructure
08:39 GMT
The aviation industry has directly contributed Dh61.3 billion to the UAE's economy, which is around 6.3 percent, said Sultan Bin Saeed Al Mansouri, UAE Minister of Economy, in Abu Dhabi yesterday.

April 16, 2012

Regulatory pressures remain a key concern in the sector
15:00 GMT
The Top 10 Risks in Telecommunications 2012 report, the latest in a series of annual reports based on the insights of Ernst & Young’s sector practitioners, shows that, for the first time, failure to control costs is no longer in the top 10 risks.
Sudan’s oil minister Awad Ahmad al-Jaz admitted that the country is facing an increased financial crisis due to the loss of Heglig’s oil
14:12 GMT
The Sudanese government has finally acknowledged the economic ramifications of losing oil-producing area of Heglig to South Sudan’s army, revealing measures to remedy the situation.
This is just the first step – there is plenty more to come
08:43 GMT
YouTube will next week launch the first advertising aspect on YouTube in the region to allow advertisers to engage with the local audience, it revealed yesterday.

April 15, 2012

The regional markets will continue to perform well
15:10 GMT
The region's stock markets will likely outperform the global markets in the near-term supported by high crude prices and on the back of robust health of the oil exporting countries, say experts.
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?