October 14, 2014
Not Iraq, not Iran: when it comes to oil rivalry Saudi Arabia's biggest contender is right next door
Last week, Saudi Arabia sharply cut its official oil prices for Asian customers in November, in the clearest sign yet that it is competing harder for crude market share.
After the success of Dubai Metro, now the Dubai Tram project could further change the dynamics of the real estate sector,
October 13, 2014
The global ratings agency said banking credit stock in the GCC is also expected to climb by around 10 in 2014 and 2015.
A long-anticipated fundamental shift in the market may now be under way, ending a four-year stretch when $100-plus prices were the norm
October 12, 2014
Beyond the walls of a palace outside Casablanca owned by Saudi Arabia’s King Abdullah, Moroccans are buying housing plots that one of the Middle East’s biggest construction firms will fold into a new mini-city
Turkey and her Internet Law are still far away from what could make Turkey achieve its ambitions in the 100th anniversary of the Republic in 2023.
The Sunni Muslim extremist group that has taken over the northern city of Mosul has a new source of income: real estate.
October 9, 2014
Growth in the Middle East and North Africa is forecasted to average 4.2 percent in 2015, the World Bank reported in its latest Middle East and North Africa Economic Monitor.
The feeding frenzy driving a flurry of new stock listings in the United Arab Emirates could scupper the market's nascent revival if companies float too soon and expose the fragility of overstretched investors.
The Oct. 15-16 conference, the largest gathering of Iranian commercial officials in London for years, aims to attract capital which the country badly needs due to its isolation under international sanctions.
"To break these things you have to put the country into misery for a long time," Beenstock said, and Netanyahu and Lapid are "not going to do it".
October 8, 2014
The 2014 index results revealed that seven countries ranked higher than their 2013 index ranks; these are: Iraq, Bahrain, Tunisia, Algeria, Kuwait, Qatar and Lebanon.
The annual recruitment of nearly 1.2 million foreign workers has hampered the Kingdom’s nationalization initiatives, said Saudi economists and experts, while urging the government to review its recruitment policy.
And to abandon the biblical land of milk and honey for cheaper dairy products in the birthplace of the Nazi Holocaust has touched a particularly raw nerve.
October 7, 2014
Building schools and universities will remain top priority for GCC governments, with more than $90 billion expected to be spent on education-related construction projects by the end of 2014