Featured Articles

February 8, 2012

Crude oil prices are currently healthy and fair to producers, Al Rumhy said
17:25 GMT
Oil producers will meet demand if supply from Iran is reduced, Mohammed Al Rumhy, Oman's oil and gas minister, said at an energy conference in Bangkok yesterday.
Gold could face a short-term pullback if Greece strikes a deal, as it may hurt the appeal of safe-haven assets
17:20 GMT
Gold prices held steady around $1,745 an ounce on Wednesday, as investors waited with caution for Greece to grind towards a deal on a rescue package that it urgently needs after missing a string of deadlines.
Android and iPhone smartphones accounted for slightly more than 90 percent of US smartphone sales in the fourth quarter of 2011
16:14 GMT
Smartphone demand is increasing as prices for devices become more affordable, encouraging users to upgrade to handsets on which they can browse the Web and send e-mail.
Seatrade Middle East officials earlier said every vessel that berthed in Bahrain could be worth around $300,000 (BD113,400) to the economy
10:09 GMT
Bahrain's tourism sector is set to miss out on tens of thousands of dinars after one of the world's largest luxury cruise liners cancelled stops here today and next Wednesday.
There are many issues beyond government control and the Jordanian people must understand this
09:37 GMT
Spurring economic growth is the private sector’s responsibility, and not the government’s, a World Bank official stressed on Tuesday.
FedEx Express was followed by Microsoft, Marriott, PepsiCo and The One
08:15 GMT
Climbing from second place in last year’s Top Companies list to number one in 2012 was FedEx Express.

February 7, 2012

The construction of the road will be executed through two tenders
16:45 GMT
The Department of Transport (DoT) has invited bids for the construction of a new 62km-long Abu Dhabi-Dubai dual carriageway.
Oil also was a loser today, however it’s currently paring some of the losses
16:24 GMT
Gold extended its recent losses after starting the day at 1728.00 the shiny metal continued yesterday's decline.
Special economic zones and free zones offer 100 percent ownership
16:02 GMT
The UAE has a vibrant free economy, a significant proportion of its revenues arising from exports of oil and gas.
Losing chief operating officer Sheryl Sandberg was listed as a risk factor in the IPO paperwork
10:49 GMT
Facebook is casting a hungry eye overseas, and more and more of its revenue is coming from non-domestic sources.
The country's move to launch and develop more social housing projects is a major driver
10:00 GMT
Bahrain, in particular, has been forecasted to experience key growth this year through the strong support and backing of the Bahraini government.
Iraq’s current government is cognizant of the center-region disparities and of the need to decentralize economic management
08:25 GMT
Almost a decade after the fall of Saddam Hussein’s regime, Iraq’s economy is still in flux.

February 6, 2012

The high-profile event can have a huge effect on visitor numbers to the region
16:52 GMT
The 2022 World Cup in Qatar will boost the value of the Gulf’s tourism and hospitality market by 10 percent.
Mostly, exit interviews are poorly conducted by ill-trained individuals who are not really aware about why or how should they use the information they collect
16:16 GMT
Most firms have depended on exit interviews to learn why their employees decide to leave as they seek acquiring honest information about the company that can be used to tackle the reasons why some leave.
Saudi Arabia is best placed to make up for any shortfall in oil supply
16:04 GMT
Growing tension between Iran and the West over the Islamic Republic’s nuclear programme has led to fears of a disruption in oil supplies from the Middle East Gulf.