July 15, 2012
Emerging market central banks have been the biggest official buyers of gold over the past year or so with total net central bank purchases the largest since 1964 last year at 445 tonnes.
The effectiveness of the Sudanese government’s austerity measures to contain an economic crisis, which have sparked protests in the capital and several towns, is yet to be seen, some economists say.
Bahrain's real estate market is passing through a critical phase and the situation is more serious.
Official data showed the UAE, the second largest Arab economy, was ahead of all other members of the GCC in terms of fuel prices and third only to Syria and Tunisia in the entire Arab region.
July 12, 2012
The Labor Ministry’s new plan to intensify Saudization in the limousine sector will not work well, according to industry sources.
As the volume and sophistication of malware attacks continues to increase, internet uses in the Middle East need to take proactive measures to protect themselves.
The Kingdom’s tourism sector showed signs of recovery in the first six months of 2012 after a year of decline in both revenues and visitor numbers, Minister of Tourism Nayef Fayez said on Wednesday.
July 11, 2012
The yellow metal touched a low of $1563.89/oz and closed at $1564.5/oz in yesterday's trading session.
New GCC study highlights an insurance profitability deterioration trend over the last four years across top 30 conventional insurers dropping from 28 per cent in 2007 to nine per cent in 2011.
The immediate economic outlook for most of the Gulf's wealthy Arab oil exporters has improved in the last several months despite a sharp drop in global oil prices over the period, a Reuters poll of analysts showed.
July 10, 2012
A year after it attained independence, the new Republic of South Sudan is facing its worst humanitarian crisis since the end of the war in 2005, under the weight of severe economic meltdown and ongoing conflict, the international aid agency Oxfam have said in a report.
Libya offers huge business and investment opportunities stemming from the need to rebuild in the wake of the 2011 revolution.
For Saudi Arabia, the consequences of lower oil prices are likely to be slight, according to a report by Samba.
July 9, 2012
With Ramadan just around the corner it seems that the Islamic capital market is in a rush to get everything signed, sealed and delivered before the end of next week.
Lebanon’s real estate sector has registered more progress in terms of transparency than any other MENA country, an index released by Jones Lang LaSalle showed.