August 17, 2014
A clash of civilizations: are foreigners newly entering the Saudi stock market about to face a culture shock?
Saudi Arabia is one of the last major markets in the world to open up, so the reform is attracting massive interest among international fund managers
Forget North America’s shale revolution, the world needs Middle East oil for long-term sustainability and to quench growing global demand for fossil fuels.
August 14, 2014
Taking the driver's seat when it comes to your finances: should you buy a car in cash or installments?
Now, how to pay for your new ride… Do you have enough money to pay for your vehicle in full? Does that wipe out your savings? Would it be better, instead, to hold on to your money and take out a loan paid over several years?
"The corporate sector is screaming for stimulus... There's more cautious international investor sentiment towards Israel."
The self-declared Caliphate led by Abu Bakr Al Baghdadi now covers a land area greater than Britain and a population of over six million in Syria and Iraq.
Economy Minister Nihat Zeybekçi responded harshly to a statement from global ratings agency Fitch via tweets that he posted on Tuesday morning, adding a new statement to a number of previous criticisms from the government regarding international rating agencies.
August 13, 2014
A rising gap between what is available on the market and what most Saudis can afford has left many frustrated home-seekers on the edge
S&P said its ratings on Arab Mediterranean banks have been dragged down since the end of 2010 by the deteriorating creditworthiness of their respective sovereigns/
Technologies are disrupting the traditional work patterns in the Middle East to such a degree that soon the term ‘office’ will become obsolete, according to an expert.
The EIU pointed out that Lebanon was lagging behind other neighboring countries in the Levant Basin in this process, and Israel was already reaching the phase of monetizing its gas reserves.
August 12, 2014
Malaysia, UAE, UK attract most conferences, intensified battles to be world’s Islamic finance hub.
The expansion of international schools in the Gulf region continues, registering the second fastest growth rate in the world and now has 982 international schools in the region.
Mahir Al Tabaa, head of the Gaza chamber of commerce and industry, agreed the conflict had caused "huge and long term indirect losses" for the economy.
August 11, 2014
Nassef Sawiris, Egypt’s richest man, is the CEO of Orascom Construction Industries (OCI) and owns stakes in cement company Lafarge as well as Texas Industries.
In addition to receiving remittances from abroad, the Egyptian economy benefits tremendously from the vibrant and successful professional community of Egyptians that is active outside her borders