Featured Articles

May 5, 2015

Learning to budget is a basic financial literacy skill. (Shutterstock)
10:52 GMT
The majority of unskilled female expats in the UAE don't know how to match expense with income.
A French Rafale fighter jet. (Wikimedia Commons)
05:30 GMT
French President Francois Hollande oversaw the sale of 24 Rafale fighter jets to Qatar.

May 4, 2015

The decline of the farmers' share is the main reason behind the growing poverty rates in the countryside.(Wikimedia Commons)
14:40 GMT
Roughly 10 million Egyptians own less than 15 percent of the country's agricultural land --a million feddan-- according a report issued on Sunday by the Ministry of Agriculture.
Oil prices are now at their lowest level in a decade, roughly 50 per cent below last year’s peak of $115 (File photo)
07:28 GMT
Low crude production costs and fiscal breakeven prices will support the GCC in a period of low oil prices increasing the pressure to diversify away from the hydrocarbon sector.
Only 36 percent of UAE residents save for retirement, according to a National Bonds study. (Shutterstock/File)
06:26 GMT
Only three in ten residents save up for retirement in the UAE, according to new research by National Bonds. Why is it so important to look out for the future?

May 3, 2015

Scene of destruction in Yarmouk, Syria. (AFP/FIle)
14:30 GMT
The economic and humanitarian impact of ongoing conflicts in the region come at a cost - it's time to use our resources for the greater good.

April 26, 2015

The BDS movement acts against this system by imposing economic, cultural, and academic sanctions on Israel.
10:43 GMT
The anti-BDS law cannot stifle international boycotts, which continue to gather momentum

April 20, 2015

He added that seven to eight Chinese vehicle brands are available in the UAE (image: on file).
05:55 GMT
Despite the fact that Japanese models have been ruling the UAE automotive market for years, Chinese vehicles are also gaining popularity in the country and all stakeholders.

April 19, 2015

The International Monetary Fund, the world’s lender of last resort, has recently released a report on the effect of financial panics on Islamic banks.
14:05 GMT
Preliminary results by the report indicate that Islamic banking branches are less likely to experience a run on deposits compared to their conventional counterparts.

April 16, 2015

The governments need to urgently scale up their efforts, notably to prioritise the education needs of vulnerable and disadvantaged families, urged the report.
19:45 GMT
Despite impressive progress in raising school enrolment over the past decade, more than 21 million - one in every four children and young adolescents region are either out of school or at risk of dropping out,

April 15, 2015

The Gulf states saw $2.8 billion of inbound real estate investments in 2014, far less than the outbound investments from the region to destinations such as Europe.
05:55 GMT
“If we are spending $14 billion out, we should at least be able to get $14 billion in. That is what the opportunity is.”

April 14, 2015

The Middle East represents between 58-60 per cent volume of our global business.
06:06 GMT
Fragrances accounted for 19.6 percent of the Middle East and Africa's beauty and wellness market in 2014,

April 13, 2015

Illustrating diminished performance, the report indicated that that the hotel's net operational income regressed to JD5.5 million last year from JD6 million in 2014.
04:55 GMT
The number of guests who stayed at Sheraton Amman Al Nabil Hotel dropped last year to 73,462 persons, representing a 61.89 per cent average occupancy rate.
. The latest data break the strong performance of the US labor market in recent months, but also bring it in line with other indicators of economic activity.
04:55 GMT
The US economy added a mere 126k jobs in March 2015, compared with a monthly average of 281k over the previous six months.

April 12, 2015

The combination of rising incomes and changing diets mean that by 2050, the world needs to produce 70 per cent more food globally, it highlighted.
16:21 GMT
A total of 805 million people are chronically undernourished worldwide and hunger and under-nutrition reduce the global GDP by up to 3 per cent.