Featured Articles

August 4, 2014

Saudi economy is set to slow over the next few years as government spending rises at a weaker pace and growth in the oil sector eases.
10:54 GMT
A gradual return to political stability in Egypt and Tunisia should support activity there, while exports are likely to pick up on the back of the modest recovery in the global economy.

August 3, 2014

It is expected that the sector’s export goal of $1.3bn by the end of 2014 will not be reached in light of tension across the Arab world, and a 20% decline is probable for this year.
20:09 GMT
The Libyan market was one of the most important export markets for Egypt in recent years due to the ease of transporting goods by land and low ground shipping costs.
“Most of these (Muslim) holiday goers are not looking for a religious experience in their (travel) destinations.
19:54 GMT
The $100 billion-plus Muslim travel market is not confined to Hajj/Umrah, there is a large and expanding leisure market, due to demographics,
Israeli economy minister Naftaniel Bennett meanwhile called on world soccer body FIFA to deprive Qatar, which is home to Hamas leader Khaled Mishal, of its right to host the 2022 World Cup.
18:33 GMT
Qatar is emerging for the second time in a decade as the only Arab state without a peace treaty and diplomatic relations to have invested in Israel
President Rouhani’s government focuses on an efficient channeling of financial resources and export-led growth as the main stimulus of economic growth for the country to emerge out of stagflation.
17:40 GMT
Since taking the office, President Rouhani’s administration was tasked with the mission of battling to contain the rising inflation
It  has been found that the operators of some small manpower firms have sent their families home due to the absence of adequate cash flow to their companies.
16:53 GMT
Many small and medium contracting firms are apparently fighting for survival due to the stiff competition in Qatar’s construction sector.
The Kingdom, holding the world's fifth largest proven reserves of gas, expects domestic demand for natural gas - used mainly for power generation
04:55 GMT
Saudi Arabia's decade long 'Gas Initiative' is unraveling - taking new turns and twists!

July 31, 2014

The proliferation of smartphones and tablets has had a huge impact on app consumption in the UAE.
20:22 GMT
In the UAE, the trend is more towards social rather than content. The social segment is controlled by giants like Facebook, Tweeter and Instagram.
The financial services sector all over the world is going through a time of unprecedented change.
16:11 GMT
As a source of insight, its return on investment is unparalleled — and only just beginning to be realised.
There have been no electricity blackouts over the first two days of the Eid holiday
03:55 GMT
As a result of Egyptians heading to the coast to celebrate the holiday, hotels in resort cities have seen occupancies exceed 90 percent.

July 30, 2014

The UAE capital is luring producers with juicy bait – the Abu Dhabi Film Commission offers first international projects a 30 per cent cash-back rebate on productions.
04:55 GMT
Abu Dhabi has been focusing on growing its media industry in the past few years – as part of its diversification away from an oil economy.
Despite finding success in the South American country, Lebanese-Brazilian industrialists interviewed by The Daily Star say doing business in Brazil has its own challenges.
00:35 GMT
It is a story repeated across Brazil, reportedly home to nearly 7 million people of Lebanese descent.

July 28, 2014

Flexible payment methods have facilitated this increase, upholds Zamzam, drawing attention to online payments and door-to-door donor collection facilities.
04:01 GMT
Egyptian charities, it seems, have not escaped the ramifications of the economic crisis triggered by the January 25 Revolution in 2011

July 27, 2014

Many Muslims are concerned that Ramadan's aim to draw worshipers away from indulging in the material world is being eroded.
20:32 GMT
Ramadan, Islam's holiest month, is a boon for retailers in the Middle East, South Asia and beyond. And while some Muslims welcome it as a positive sign, others see it as commercialization of a sacred time of year.
“There is one major resource base in the world which could meet the growth in the global oil demand, which is the Middle East,” he said.
18:24 GMT
While euphoria over the ongoing shale revolution and the energy independence of the Americas continue, yet, there are people - cautioning and asserting - the phenomenon is short-lived and the world would continue to be dependent on the Middle East.