May 10, 2012
A chronic talent shortage in the Middle East’s vitally important oil and gas sector could lead to considerable revenue losses and the scenario of wells remaining untapped.
Strong demand from emerging markets will particularly benefit the GCC economies.
May 9, 2012
The world in general and the UAE in particular should concentrate on investments in human skills as a means to improving their economies.
It is less clear why gold has fallen so sharply it could as well be attributed to Euro weakness on a deteriorating Greek situation (are the Greeks losing their marbles ? English joke) or possible selling of oil by Iran to China in exchange for gold.
On Apr. 22, Egypt unilaterally cancelled a 2005 export agreement for the sale of natural gas to Israel, which for the past five years had ensured a steady supply of Egyptian gas from the northern Sinai Peninsula to Israel.
European air traffic fell in the first quarter of 2012 compared to the same period last year, two aviation bodies said on Tuesday, with the decline blamed on Europe’s debt crisis and the lingering effects of the Arab Spring unrest.
To increase the percentage of the Saudi workforce; the Saudi Economy Conference called for providing incentives to national companies.
Earlier, parents would discourage children to go into such fields as law, politics and media because they were viewed as non-practical or as tools of the authoritarian regime.
May 7, 2012
The petrol price in the UAE is the third highest in the Arab world after Syria and Tunisia.
Consolidated Contractors Company is the largest construction company in the Middle East.
Qatar’s strong economic performance driven by high energy prices and the government’s investments as well as preparation for Fifa 2022 are driving real estate demand in the country, a report said.
Middle East airlines' demand jumped by more than a fifth in March compared with the same month last year, the largest rate of growth for any region.
May 6, 2012
By 2016, another 17 million people around the world will join the ranks of the millionaire set - including 14,000 new millionaires in the UAE... will you be in the club?
The global communications sector has made notable progress in greening their practices.
The value of awarded contracts in Saudi Arabia during the first quarter of 2012 continued unperturbed, signaling a strong start in awarded contracts for the year.