February 21, 2012
A global drop in food costs and a weak property market are helping to offset increased government spending to keep inflation in check across the Gulf, the latest data suggests.
Beirut apartments are still among the most expensive in the MENA region, and Lebanon’s real estate trend is unlikely to remain sustainable, said a recently issued report.
Ironically, Lebanon, which has one of the world’s worst carbon footprints per capita, has some of the best potential for renewable energy, most of which has yet to be tapped.
According to the report, 'International tourist arrivals grew by over 4 percent in 2011 to 980 million, up from 939 million in the previous year.
The region’s banks may be feeling energised by the innovative potential technology is creating when it comes to new products and services, but it is not without its challenges.
Iraq could lose more than half of its oil-exporting capability if neighbouring Iran shuts the vital Strait of Hormuz shipping lane, Iraq's planning minister said on Monday.
February 20, 2012
Policies that support aviation’s competitiveness deliver wide-ranging benefits across economies by connecting business to markets,” said Tony Tyler, IATA’s Director General and CEO.
Countries are more than ever striving to boost their food exports to the highly import-dependent UAE as well as to the rest of the Middle East.
Money or additional liquidity is being injected into the global economy. When will it stop? Can it be stopped?
The ministry said it stopped exports in order to put an end to the cement crisis.
Bahrain's financial system remains resilient, liquid and strong despite the recent unrest.
The Brotherhood’s economic policy may represent little change from the past two decades, as Egypt’s economic policy maintained massive subsidization while conducting, or at least promising, pro-business reforms.
February 19, 2012
Bahrain Chamber of Commerce and Industry (BCCI) tourism committee chairman Nabeel Kanoo said more needed to be done to counter negative reports about Bahrain in the West.
People generally show interest in an initial public offering (IPO) when a household name such as the country's post office or telecommunications company decides to go from state ownership into private ownership and offers incentives to do so.
Dubai's officials are asking the government for guidance about trading with Iran as exports to one of Dubai’s biggest markets has now shrunk.