February 23, 2014
Years ago, many people thought that halal is only applicable to food and beverages.
The Facebook deal for WhatsApp drew attention for its whopping price tag, but has also brought out fresh criticism over security for the billions of messages delivered on the platform.
Time for a deal, and for Turkey to stop meddling: Iraq and Kurdistan headed towards a deadlock over oil revenues
For both Erbil and Baghdad know, and rather well, that for their own compelling reasons, they need to sort the issue out - before it is too late.
February 21, 2014
Breaking the glass ceiling for women is not about one woman getting the job; it is about changing the way women are viewed as sexual beings no matter how high they go.
Fancy name, drastically different setting: Are foreign universities in the Gulf a worthwhile endeavour?
Is the mere opening of a Gulf branch of a prestigious university, with a fancy name and a lofty standing in the sciences, enough to produce a graduate at the same level as a student who has graduated from the parent university?
February 20, 2014
“With indigenous population growth at the current level, Oman needs to create some 50,000 jobs annually to stop unemployment, which is estimated at 15 per cent from rising any further.”
Gulf oil exporting countries will benefit from the economic recovery in the US and Europe while a potential decline in oil demand due to a slowdown in emerging markets will be largely offset by the positive developments in the Western economies and economic diversification in Gulf countries.
February 19, 2014
NBK plays a major role in Kuwait’s economy, and the larger-than-life character of Dabdoub, 74, has helped shape the business environment, speaking out against policy paralysis in the government.
“Iran is not open for business,” Cohen said in Turkey last month. “Businesses interested in engaging in Iran really should hold off. The day may come when Iran is open for business, but the day is not today.”
While wholesale gold traders from Sudan, Egypt, Libya, Morocco and other countries, who used to buy gold from Saudi Arabia, have opted to Dubai, China has overtaken India as the biggest consumer of gold in the world.
February 18, 2014
Profits at Emaar Properties grew by 21 per cent last year to almost $700 million as the Dubai developer cashed in on a real estate recovery and tourism boom
Reorganisation, higher royalties hit earnings but CEO sees bright side in revenue growth, data potential
Egypt will suspend its construction of the proposed dam with Ethiopia until a "mutually agreeable solution is found," according to Cairo's Minister of Irrigation.
Saudi Arabia's mobile data traffic is projected to grow 60 percent in the next four years.
Oman's government this week announced that it is going to replace 100,000 expat workers in its private sectors with Omanis, mirroring what seems to be a Saudization trend in another Gulf country.