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January 8, 2012

"It is a known fact now that there is division in our society. We cannot live in a half-divided country and need to take that difficult step to move forward," Al Kooheji said
17:25 GMT
It is important that all groups move on rather than jeopardise the country's future, says Bahrain Chamber of Commerce and Industry vice-chairman Abdulhameed Al Kooheji.
Last year, the Gulf nations were found to have lower inflation, and a higher current account balance and gross national savings — both relative to GDP
14:00 GMT
The six GCC countries stand up well compared with the economic transition of the four key Asian markets 20 years ago, according to the research company Arabia Monitor.
Jaap Meijer, Senior Analyst at HC Securities in Dubai, told Gulf News the equity markets in the Gulf Cooperation Council (GCC) are expected to do reasonably well in 2012, even if oil prices fall a bit
13:49 GMT
The markets will continue to see low volumes,” Mohammad Ali Yasin, Chief Investment Officer at CAPM Investment, told Gulf News.
“Cyberthreat Forecast for 2012” predicted that attackers will have to change their methods in response to growing competition among IT security companies
13:34 GMT
Cyber crimes that might affect Jordan include identity theft, phishing, e-fraud, and infecting devices with malware to steal data, according to the IT experts.

January 5, 2012

Such training programmes help improve and develop talent
17:26 GMT
President Shaikh Fawaz bin Mohammed Al Khalifa stressed that the Information Affairs Authority (IAA) was continuing efforts to attain the best global expertise for Bahraini media cadres
Real estate agent Muna Ameen indicated that house prices in eastern neighbourhoods range between JD50,000 and JD70,000 depending on the size of the unit, while in the western part the value of residential units range between JD100,000 and JD150,000
17:08 GMT
In remarks to The Jordan Times Wednesday, they agreed that there is a huge price difference between villas and apartments in western Amman, which is the modern and affluent part of the city, and those old and less privileged houses in eastern Amman.
UAE firms saw solid output growth in December but the rate of increase moderated to a three-month low, the data showed
09:18 GMT
The situation is unlikely to improve dramatically in the first quarter of 2012 because of the gloomy global economic scenario.
The key factors in assessing the construction outlook at the country level are government fiscal flexibility and the extent of historical infrastructure spending
09:01 GMT
Fitch Ratings expects the construction sector in the Middle East and North Africa (Mena) region will continue to be supported by government spending in Saudi Arabia, Qatar and Abu Dhabi in 2012.
What is occurring now off the Persian Gulf is a diplomatic and military game of chess with global implications
07:23 GMT
The proposed sanctions legislation allows Obama to waive sanctions if they cause the price of oil to rise or threaten national security.

January 4, 2012

Economists told The Daily Star that all employers who gave a raise to some of their employees two years ago must prove that this increase was for the high cost of living
17:50 GMT
On Dec. 21, the Cabinet approved a wage hike proposal by Nahhas which stipulated that the minimum wage would increase to LL868,000 – a sum that included a LL236,000 transportation allowance which the government added to the basic salary.
Qatar Financial Markets Authority (QFMA) said it has officially adopted the new listing and IPO rules in the secondary market after an in-depth consultation with the concerned parties
17:49 GMT
Despite the global financial crisis, Qatar has prospered in the last several years.
Achieving growth in spite of market conditions, deciding on an exit strategy, and developing a professional organisation are a few such challenges for established entrepreneurs
17:31 GMT
There are nascent plans by the local chapter of the Entrepreneurs’ Organisation (EO) to implement a programme that would actually go on to make a difference for business owners still finding their way.
The West has imposed the increasingly tight sanctions over Iran’s nuclear programme, which Tehran says is strictly peaceful but Western countries believe is geared towards building an atomic bomb
09:13 GMT
A new law, signed by president Barack Obama on New Year’s Day, imposing sanctions on financial institutions that deal with Iran’s central bank, the main clearinghouse through which OPEC’s second largest oil exporter deals with clients around the world.
For social networks, Facebook was the top dog in 2011 with more than 137 million unique visitors per month, according to Nielsen
08:44 GMT
The Nielsen study showed that Google was the most-visited website in 2011, with an average of more than 153 million unique visitors a month. Facebook was second with more than 137 million, and Yahoo was third with 130 million.
Gold was on the rally up until mid-September and the market was bullish, there was no looking back for trading activity
07:46 GMT
Gold was on a winning streak as it topped Dubai’s exports in the first nine months of last year amounting to Dh45 billion on the back of high demand from India and a bullish market, latest statistics and analysts say.