August 21, 2011
UN sanctions on Iran have not had a major impact on trade and financial links between the country and Dubai, Saeed Al Awadi, CEO of Dubai Exports, told Gulf News.
Emerging economies now contribute more than 50 percent of the growth in the world’s gross domestic product (GDP) and most fund managers believe this is set to continue for the foreseeable future.
Energy and Water Minister Jibran Bassil said Friday that his 700 MW electricity project would cut power rationing in Lebanon by at least seven hours a day.
Outlook for gold prices continues to be bullish and buying gold on price dips may still be a good investment opportunity for UAE residents
Despite recent profit-taking in gold, bets are being placed the precious yellow metal’s prices will scale new highs over the medium to long-term on signs the global economic growth is faltering, experts say.
August 18, 2011
Spending on advertising has increased in 2011 in the Middle East and North Africa (MENA) countries over the months preceding the fasting month, experts say.
The Dubai Government is planning to penetrate new markets in South America, Central Asia and East Africa to promote its trade by expanding export markets.
Lebanon’s gross public debt remained virtually unchanged during the first half of this year, a report by Bank Audi said this week, registering two declines in January and February 2011, and three increases in March, April and May.
August 16, 2011
Businesses welcomed Dubai's promise to fix the cost of power and water.
Between Ramadan 2009 and 2010, advertising spend increased by 71 percent in Bahrain to $16 million, outperforming any other country in the region, said a report.
People from Sharjah and even Ajman are moving to Dubai in a big way as rents in the emirate become increasingly attractive, analysts say.
August 15, 2011
Information Technology experts on Saturday attributed the low turnout in registering websites in Jordan's Arabic top-level domain الاردن.
Blominvest released a comprehensive overview of the electricity sector in Lebanon and the numerous challenges it faces.
Declines in markets are raising the likelihood of another global slowdown. If the world does lurch back into recession, economists say the Middle East is in a better position to weather the economic storm.
August 14, 2011
Gold is no longer glittering for Bahrain's jewellers as world record prices of the precious metal have kept customers away.
Top oil exporter Saudi Arabia is enticing Asian refiners to buy more of the kingdom's crude at the expense of other Middle Eastern producers that are offering more barrels on the spot market, as long-term buyers pare purchases of their grades.