October 1, 2011
In fact, a three-way row between Turkey, Cyprus and Israel over oil exploration in the eastern Mediterranean appears to be brewing, carrying with it the risks of a military confrontation.
September 29, 2011
Iraq shut down crude exports to Turkey through the Kirkuk-Ceyhan pipeline on Wednesday due to a leak.
The retail sector plays a big part in Dubai’s economy and so it is important that as the representative of the business community, Dubai Chamber works to drive growth and support the development of business.
Green industry, is a normal environment-friendly successor to traditional industry which currently remains at the heart of modern economies.
The property advisory firm has estimated that an additional 1,900 rooms will be delivered towards the fourth quarter of 2011, bringing the city’s total hotel supply to around 54,700 rooms.
Lebanon will not be affected by a recession in Europe as the Lebanese economy essentially is dollarized.
For the last two years we have been hit by two predominant trends, the first is obviously a factor that came out of the recession and the second was the realisation that we can no longer keep up with change on the technological side of things.
September 28, 2011
Lebanon lacks a general strategy in terms of renewable energy and doesn’t follow international energy trends.
The lack of training in the private sector, left Emiratis reluctant to move away from the public sector, it is a social responsibility for every private company to train Emiratis. A link between education and the private sector is vital.
The government last Thursday took the surprise move of announcing the temporary suspension of imported goods which are subject to duties higher than five percent, the suspension did not include items not manufactured locally.
Dubai is one of the most beautiful cities and has seen a lot of development in the past, this has given a good quality of life but there have been side effects of this development like rise in per capita garbage production, high petrol consumption and high electricity.
September 27, 2011
Bankers confidentially say that most of the Syrian deposits in Lebanese banks belong to prominent businessmen and traders who are not associated with the Syrian regime, assuring that this money was deposited in Lebanon many years ago.
The geographical spread of Islamic securities products and activities is likely to grow in the Europe, especially the UK and France, Asia Pacific countries, North Africa and the energy-rich Central Asian states.
The tourism sectors contribution to the GDP reached 12.4 percent in 2010. According to the NTS 2011-15, the government estimates that the public sector will spend JD152 million and the private sector will spend JD38 million over the five-year period.
Jordan has prioritised nuclear power as key to weaning the country off energy imports, which are projected to cost 22 percent of its gross domestic product by the end of 2011.