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November 17, 2014

The definition includes indentured servitude, forced marriage and the abduction of children to serve in wars.
22:14 GMT
Qatar rose up the rank from 96th place on previous list to the fourth position in the latest index.
The objective of the report was to quantify the economic impact of the aviation sector and its subsequent Dubai-based supply chain
21:47 GMT
Emirates airline, Dubai Airports and the aviation sector as a whole contributed $26.7 billion to the economy of Dubai in 2013.
The non-oil activity will be driving Oman’s growth in the coming years, according to the report by National bank of Kuwait (NBK).
16:46 GMT
The Omani government has opted to manage its crude oil reserves by limiting production, shifting its focus to diversifying its economy
Extracting and consuming more today means less is left for future generations who are not represented when choices are made.
04:55 GMT
The forces at work are more likely to be permanent rather than temporary and cyclical, suggesting low and/or a downward trend for oil and gas prices.

November 16, 2014

Non-sovereign debt capital markets could be an alternate way to fund the public sector. (AFP/File)
10:39 GMT
MENA non-sovereign debt capital markets make up a small part of financial markets but then again, have potential to replace private sector funding as an alternative source.
Saudi Arabia has the potential to become a tech-saavy country with its growing manufacturing sector. (AFP/File)
05:25 GMT
Manufacturing is becoming one of the fastest growing industries in the Kingdom, with an average growth rate of 7.5 percent, according to a recent report.

November 14, 2014

Iraqi or Jordanian tourists are no substitute for Gulf tourists
00:49 GMT
bservers say the hotel sector has never experienced conditions as tough as the ones they are going through today.

November 12, 2014

The summit will focus on $50 billion worth of aviation projects across Iraq. (AFP/File)
10:08 GMT
Top global construction firms will attend a major summit in Iraq to boost the country's ongoing $50 billion aviation infrastructure projects.
In order to achieve sustainable growth in the GCC, there has to be more jobs in other fields. (AFP/File)
09:39 GMT
Oil prices have dropped to around $80 per barrel in the past few months, which will be a big test for GCC nations. Is it time to stop relying on oil to boost the economy?
Experts have given mixed opinions on the after effects of Dubai's newly launched tram service. (AFP/File)
08:19 GMT
With the launch of the Dubai Tram last night, will real estate firms be able to cash into the act between major commercial and residential areas or will it go off the rails?

November 11, 2014

Of course if you are rich enough to fall in love with a luxury product you will pay any price, but not if you are an investor
18:48 GMT
This seemed the right moment to ask whether precious stones and jewellery can really be considered a serious investment class or just an expensive indulgence for the rich
“It’s Dubai’s ambition that seemingly means they stand out as a premium sports location,” he added.
17:58 GMT
“There are several places like Dubai, but perhaps Dubai has a better location than others, plus the fact that the weather during at least 8 or 9 months of the year is perfect for sports.
Lower oil prices would lead to the reduction of the deficit incurred by Lebanon’s state-owned electricity company, improvement.
01:56 GMT
A decline in oil prices would benefit Lebanon in the short term, but the positive impact of a reduced energy bill would gradually fade.
On average, hydrocarbon revenues constitute 46 per cent of nominal GDP and three-quarters of total exports for the six GCC countries.
01:02 GMT
Therefore, the recent drop in hydrocarbon prices, if sustained, could have a significant impact on the region's economic and financial indicators.

November 10, 2014

Threats around banking will continue to become more severe as more unique cybercrime attacks against financial institutions also emerge.
17:37 GMT
Targeted cyber attacks will become rampant in the Middle East, as hackers from the usual suspects have found success targeting victims around the world