March 15, 2012
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.
The question is: Will Arab countries provide all transparent data and analysis promptly in case of an accident in a nuclear power station?
Tourism and banks are the two main sectors which have been hit by the turmoil in Syria.
March 14, 2012
"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.
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.
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.com, one of the largest online recruiters in the region, is going head-to-head with the global social media giant LinkedIn.
Bahrain has been urged to launch a national initiative to encourage all sectors of society to make better use of energy.
March 13, 2012
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.
The latest signs show the numbers of trading vessels passing through the canal steadily trickling away.
2011 was a tough economic year for revolutionary and evolutionary countries.
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’.
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.
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
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.