Featured Articles
June 4, 2013
12:00 GMT
The Sudanese minister of finance and national economy Ali Mahmoud Abdel-Rasool has acknowledged that the country's economy is facing significant headwinds despite an austerity program implemented in the wake of South Sudan's secession.
11:58 GMT
The ISM Index at 49 was actually at the lowest level since the depths of the global financial crisis in mid-2009.
11:55 GMT
The operating conditions in Saudi Arabia’s nonoil producing private sector strengthened during May.
11:42 GMT
Messy politics, economic slowdown and a balance of payments deficit: four days of violent anti-government protests across Turkey are reminding investors of another emerging market - South Africa.
11:01 GMT
International Labour Organisation (ILO) forecasts 8.8 percent unemployment in Middle East and North Africa (MENA) by 2015, putting region at risk of rising social unrest.
June 3, 2013
13:43 GMT
Qatar's business community remains cautiously optimistic despite global economic uncertainty and downward pressure on oil prices, according to the Dun and Bradstreet (D&B) Business Optimism Index (BOI) survey for Qatar for Q2 2013.
09:05 GMT
The UAE and Qatar are in line for an upgrade to emerging-market status as early as this month, HSBC says, in a move that could help the two Gulf nations attract more investment.
07:30 GMT
Rising costs of living are squeezing the monthly budgets of pre-retirees and forcing them to dip into their savings pots just to continue repaying their debts.
June 2, 2013
13:06 GMT
Peak growth and rising unemployment in the eurozone is prompting a change in policy direction away from budget austerity, QNB has said in a report.
09:52 GMT
Robert Mundell, an economist and a 1999 Nobel Prize winner, and current professor at Columbia University and advisor to the Chinese government, has called for a new global currency.
06:13 GMT
Qatar is increasing its tourist numbers by 20 percent annually, according to Saeed Al-Hajri, chairman of the tourism committee of the Qatar Chamber of Commerce and Industry and general manager of Ali Bin Ali Travel Bureau.
May 30, 2013
14:00 GMT
The UAE has jumped eight places to 8th rank in the latest world competitiveness ranking published by Switzerland-based IMD World Competitiveness Centre on Thursday, from 16th position last year.
13:00 GMT
The private sector has pumped additional investments in Saudi ports estimated at SR 28 billion, and helped the Kingdom generate an income estimated at SR 4 billion annually since the start of the privatization policy.
11:37 GMT
The Gulf Cooperation Council (GCC) will soon study a proposal to integrate the banking system in the region, to make it easier for GCC citizens and companies to open bank accounts in all of the group's six-member countries.
10:51 GMT
Visitors to Dubai are anticipated to spend some $10.4 billion (Dh38.25 billion) this year, the eighth highest expenditure in the world, MasterCard said on Wednesday.
