March 13, 2012
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.
A quick scan of tweets sent by companies such as the telecommunications operators du and Etisalat will reveal plenty of back-and-forth digital discussion between them and disgruntled customers.
Gold’s overall performance is still remarkable, though it is but a small part of a bigger picture.
Digital is the future of advertising in the UAE but currently the rates offered to publishers are so low that most of them are going to end up bankrupt.
The tourism industry’s direct contribution is expected to grow by 3 percent per year in real terms during the 2012-2022 period compared to a 4.1 percent real growth rate for both the Middle East and the world.
The subsidy problem has become more difficult politically since the uprising which overthrew president Hosni Mubarak last year, because the turmoil slashed economic growth, pushing up unemployment and poverty.
March 11, 2012
Mobile operators in Jordan lose millions each year as a result of "SIM box" fraud, according to Revector, a UK-based anti-fraud company.
Hospitality consultants have said that the projects have pushed the hotel market to a point of saturation.
The Organization of the Petroleum Exporting Countries (OPEC) oil output has risen in February to the highest since October 2008.
The Syrian currency has fallen by up to 50 percent this week from 67 liras per JD1 before the unrest hit the northern neighbouring country nearly a year ago, according to currency exchange agencies.
March 8, 2012
The global economy will probably triple in size in the next quarter-century, largely owing to growth in developing countries as they catch up to developed-country incomes and adopt similar consumption patterns.
Over the past 40 years, Egyptian governments have failed to institute a sound wage policy that ensures a healthy economy.
Apple has triggered a debate on its impact by releasing a study that declares the company, which is responsible for hundreds of thousands of jobs overseas.
March 7, 2012
The rapid growth of cruise-related facilities and terminals has the potential to showcase multiple destinations to inbound visitors eager to get a snapshot of the Middle East from the comfort and convenience of a shipboard base.