Featured Articles

August 14, 2012

Despite missing important capabilities, cloud services are attracting businesses willing to trade risk for the convenience and lower cost of not having to maintain or manage the applications
13:56 GMT
Compromises in security are necessary to make cloud services easy to use for non-technical consumers, experts have said.
Looking ahead, Lebanon should not be over-critical at the country’s slow pace and should remain realistic in its expectations
13:54 GMT
Criticism of the slow progress on inviting companies to explore for hydrocarbons in the waters off the Lebanese coast is becoming louder.
Omanis are also keen to bridge the gap between their educational preparation and job requirements, the survey noted
13:51 GMT
Omanis are reporting a growing disconnect between their job requirements and the preparation they have received for those requirements through their education, compared to foreign workers, according to the preliminary findings of Qudurat research.

August 13, 2012

Properties are starting to show owners net investment returns above the prevailing bank interest rates
15:06 GMT
The property market in Oman has seen strong peaks and troughs in recent years, but the future has never looked brighter, says one of the country's experts in property investment.
Suddenly, four of the world’s top 10 international oil companies by market value have set up shop in Arbil
15:00 GMT
Iraqi Kurdistan’s crude oil is plentiful and easy to get at. But the companies working there under contracts with the semi-autonomous Kurdistan Regional Government (KRG) are not getting much out.
The bourse rises 0.1 percent to 6,995 points, its highest close since May 29
14:55 GMT
Saudi Arabia's index advances to a fresh 11-week high, boosted by food stocks, but volumes slump as investors wind down ahead of the upcoming Eid holiday.

August 12, 2012

Electricity theft represents close to 30 percent of EDL’s losses
13:54 GMT
Electricite du Liban announced Friday that electricity production will start improving as of Monday in most Lebanese areas after the technical teams nearly completed maintenance work on some of the power plants.
MENA reported that the loan was agreed to on Saturday
13:17 GMT
The Qatar government has loaned Egypt $2 billion in an effort to assist Cairo in bolstering its struggling economy, the official state-run MENA news agency reported on Saturday.
It is indeed hard to get the daily or monthly trends right in markets
12:33 GMT
Gold and silver prices are showing signs of renewed life after a long trek sideways since the highs of last year.

August 9, 2012

Inflation in GCC countries has generally remained low
11:17 GMT
“Real gross domestic product growth in the GCC is seen dipping from 5.1 percent in 2012 to 3.5 percent in 2013, though the decline is largely due to a policy-driven cut in oil output from Gulf OPEC members”.
The different feasibility studies about the funding of a new pipeline have shown that it would not be profitable for investors. But such decision can be politically motivated, analysts say
10:52 GMT
Sudan's ruling National Congress Party reiterated that oil deal with South Sudan cannot be implemented without a comprehensive agreement over the remaining unresolved issues, particularly the security matters.
The outlook for the region's oil industry is optimistic
10:21 GMT
How can the region's operators capitalise on this positive outlook for the oil industry, compete positively against their rivals and ensure that they get a significant slice of market share?

August 8, 2012

Among the markets that were well-represented in the ACCA/IMA sample, the UAE remained the most confident
14:56 GMT
The global economic recovery has slowed down again in early 2012, according to a worldwide survey of finance professionals.
Are these young graduates capable enough to support the needs of a constantly changing workplace?
14:54 GMT
When over 8,000 students graduated from private universities in Dubai, universities are continuing to create a young workforce looking for employment in local markets.
Bahrainis continue to show lower levels of work engagement than expatriates
10:29 GMT
Bahrainis are keen to bridge the gap between their educational preparation and actual job requirements.