May 13, 2013
The French insurance major Axa can lay claim to what the majority of its global counterparts with Middle East exposures cannot
At the moment, Iran has a roughly 25-percent-share of the petrochemicals in the Middle East, and is planning to increase it to 38 percent by the end of the five-year National Development Plan, said Ramezan Oladi, Director for Planning and Development at the National Iranian Petrochemical Company (NIPC).
One in four people surveyed in the United Arab Emirates has experienced the frustration of a credit or debit card payment being declined, because the bank incorrectly thought it was fraud
If persistent rumors of Apple's introducing a low-cost version of its all-conquering iPhone turn out to be correct, it will mark a turning point for the company.
May 12, 2013
The trade of the 18 countries in the Greater Arab Free Trade Area (GAFTA) grew 11 per cent in 2012 to $2.1 trillion
Some $30 billion will be invested in Iran's South Pars gas field in the current Iranian calendar year, the National Iranian Oil Company managing director (NIOC) stated.
Islamic bonds have shown defensive quality while offering yield improvement
The Kingdom can reduce its dependence on oil revenues by creating a strong sovereign wealth fund (SWF), according to some experts.
Kurdistan thumbs its nose once more to Federal Iraq in a long-running feud that threatens to boil over
While they continue to reduce dependence on energy resources, GCC countries are increasingly spending locally and redirecting a greater portion of foreign investments back into the region.
May 9, 2013
The Saudi Presidency of Meteorology and the Environment department seeks to develop and activate all possible means, as well as deploy the latest technology, to protect people and properties from the elements and environmental pollution.
Despite the strong trust online customers in the Middle East have for brands, many of them fail to optimise their sites on mobile devices and tablets.
Gulf countries should prioritise investing in green energy to sustain their economic and infrastructure growth
The resort will be operated by Anantara Hotels & Resorts, which is opening a resort on Palm Jumeirah in Dubai in September.
May 8, 2013
Lebanon’s cement market is an oligopoly controlled by Holcim, Sibline and Cimenterie Nationale, three producers benefiting from government regulation of imports which has effectively been a ban since import licenses were last granted in 2001.