Featured Articles

May 28, 2012

Bahrain's economic development board estimates that foreign direct investment rose to about $300m last year, in spite of the unrest
07:33 GMT
In an effort to address the funding shortfall, the GCC last year pledged $10bn to Bahrain over a 10-year period, the first round of which is now being disbursed.

May 27, 2012

It would seem that establishing a single currency across a set of neighbouring and even relatively like-minded countries essentially requires political union, preferably in advance
11:01 GMT
It is a strange thing that any group of nations should wish at this time to emulate the most immediately newsworthy precedent of having established a regional monetary union.
God only knows the truth of the matter in light of this thick fog of chaos, and the ugly international negligence when it comes to upholding the rights of Syria
10:12 GMT
There is now a drought in the tourism market; a sector where security is considered an essential requirement rather than a complimentary condition.
Ninety-eight percent of Emira­tis have government jobs and the pay and working conditions are so good that few want to work for private companies
09:43 GMT
The research, by two lecturers at the UAE University, found that 10 percent of those quizzed expect a monthly salary of Dhs35,000 to Dhs50,000.

May 24, 2012

We all mean to make that trip to the recycling facility, or ease off on the air-conditioning in the evenings but it’s too easy to put it off for another week or year
16:03 GMT
If you want to make someone change their habits - don’t appeal to their better nature, hit them in the wallet.
Businesses should not exit Lebanon
15:52 GMT
Lebanese businesses should channel some of their investments to more promising regional economies to avert tougher economic conditions ahead.
Strengthening local debt capital markets would prepare the ground for a regional market that will be beneficial to all counties in the region
15:08 GMT
The Arab states must develop their bond markets by issuing laws to encourage transactions in bonds.
Dubai's airport passenger traffic more than doubled over seven years
12:30 GMT
Gulf countries are channelling billions of dollars into airport expansions, betting on a sharp rise in passenger traffic and competing to strengthen their positions as regional hubs for global travel.
The initiative aims to increase the number of domestic tourists in the country
11:57 GMT
The Department of Tourism and Commerce Marketing has announced the emirate’s first promotional summer campaign to attract more domestic tourists under the slogan ‘Do More in Dubai’.
The economic platforms of the front-running candidates - including Amr Moussa, and Abdel Moneim Aboul Fotouh
11:17 GMT
Egypt's leaning towards the private sector to stimulate the economy or reverting to a more nationalist agenda are two of the possible outcomes from the presidential election that is expected to end today.

May 23, 2012

The key driver behind this is the region’s demographics
16:57 GMT
Construction activities in healthcare and education will spur many projects in the GCC and Middle East, industry officials say.
 Consumers in Oman are extremely optimistic about the coming months
16:38 GMT
Oman tops Mideast in consumer confidence At a score of 93.6, the Sultanate has the Middle East's highest consumer confidence score - a position it shares with Qatar, which holds an identical score.
Bank Audi’s first-quarter report on Lebanon gave a comprehensive breakdown of the main economic indicators in the first three months of 2012
15:51 GMT
The volatile situation in Syria has impacted the Lebanese economy, but the picture may not be as bleak as one may think, according to newly released economic data.
A year on, visitors have been slow to return to this key archaeological site south of Cairo
14:26 GMT
The uprising that overthrew former president Hosni Mubarak in February 2011 dealt a serious blow to Egypt’s vital tourism sector.
Restaurants in Beirut that are nearly devoid of patrons have become a common sight these days, with security concerns keeping customers away
09:53 GMT
Restaurants that eagerly await Arab tourists and Lebanese expatriates every summer are once more paying a hefty price because of heightened security fears and advisories by some countries warning against travel to Lebanon.