Featured Articles

March 15, 2012

The metro will be developed over five phases
14:35 GMT
The metro service is designed to improve Kuwait's public transport infrastructure and will involve the development, financing, construction, operation and maintenance of a three line network.
Renewable energy is cheaper than nuclear energy for Arab countries
10:17 GMT
The question is: Will Arab countries provide all transparent data and analysis promptly in case of an accident in a nuclear power station?
Lebanese GDP growth fell to less than 2 percent  in 2011 due to the negative ramifications of the Syrian crisis
07:51 GMT
Tourism and banks are the two main sectors which have been hit by the turmoil in Syria.

March 14, 2012

Dewa has enough reserves of electricity and water until 2020
21:49 GMT
"Dubai has a 30 percent energy surplus and the completion of the M station for power generation and water desalination plant in Jebel Ali, will increase the power generation capacity in the emirates." Saeed Al Tayer, CEO and Managing Director of Dewa said.
Consumers interviewed by The Jordan Times on Tuesday said that since large shopping centres would remain open for business, the planned strike would not affect them
21:26 GMT
If traders go through with a nationwide strike next Sunday to protest the Landlords and Tenants Law and rising electricity tariffs, consumers said they did not expect the work stoppage to greatly affect their daily lives.
Banks have been mostly accused of playing too cautious and the fact that they need sufficient and reliable guarantees before any loans are considered
11:05 GMT
Efforts are underway in the Gulf region focusing on the financial and banking sectors to resolve the crisis of financing small and medium-sized projects which have almost stopped as a result of the credit crisis which hit the world economies in mid-2008.
Bayt was always a search medium, to search for talent, which is what LinkedIn is increasingly becoming
09:57 GMT
Bayt.com, one of the largest online recruiters in the region, is going head-to-head with the global social media giant LinkedIn.
Consumers account for 56pc of the amount of electricity consumed, followed by commercial use at 28pc and industry at 15pc, with the remaining used by the agriculture sector
09:10 GMT
Bahrain has been urged to launch a national initiative to encourage all sectors of society to make better use of energy.

March 13, 2012

Gaining access to this booming market, is still not that easy
15:45 GMT
In this private environment, Dubai and the wider UAE became a retail destination for the world, rivalling London, Paris and New York for the sheer number of stores and brands available to shoppers.
Numbers of passenger ships fell from four to one last month
15:35 GMT
The latest signs show the numbers of trading vessels passing through the canal steadily trickling away.
The Middle East and North Africa will never be the same
15:06 GMT
2011 was a tough economic year for revolutionary and evolutionary countries.
Banks that take a retail approach to customer-centricity focus on creating a comfortable and enjoyable banking experience
12:20 GMT
Customer-centricity may be defined as ‘a way of banking based on trust and fairness that uses knowledge of customers to meet their needs and achieve sustainable, valuable, long-term relationships’.
Rents will continue to face downward pressure until this oversupply is absorbed
11:51 GMT
Following a peak in rents in 2008 and the subsequent plunge in the market, experts said, the capital could this year see a spate of initiatives that will consolidate and strengthen players.
On the supply side, the study suggests that the labor markets in Lebanon, Syria and Jordan face similar structural imbalances resulting from an ongoing demographic bulge in the youth segment
11:00 GMT
High youth unemployment, estimated at 19 percent, remains a major obstacle to the development of Lebanese economy, according to study published Monday.

March 12, 2012

Trade liberalisation offers SMEs an opportunity to not only survive but grow their business beyond the borders of their country
16:56 GMT
The importance of the SME sector cannot be understated in any country, least of all in the UAE where they account for 98.5% of all firms. SMEs by their virtue have the potential of being the engine of economic growth.