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July 16, 2014

Around 49,000 LinkedIn members moved to the UAE in 2013 indicating that the country is winning almost twice the number of professionals than it is losing, the social networking site for professionals said.
03:12 GMT
This will prove beneficial for the overall economy, creating more jobs, which in turn that will help future generations of fresh graduates to find employment.”

July 15, 2014

Having been heavily subsidised for decades, bread is a main staple of the Egyptian diet, forcing the government to import increasing amounts of wheat to meet local demands,
21:03 GMT
The government is trying to create incentives for people to consume less than their ration of bread to reduce spending on wheat.
“The state wishes to send a serious message about encouraging investment, reconciling with serious investors, and settling disputes raised with them."
15:56 GMT
Government seeking to settle some 22 investment disputes against Egypt pending before international arbitration “amicably” in order to avoid fines estimated at $20bn
Growing their business remains the primary and dominant goal for High Net Worth (HNW) business owners in the Middle East, according to a new study.
04:55 GMT
The research surveyed stakeholders in family businesses with a 2012 turnover and family net worth in excess of $100 million.

July 14, 2014

The American University of Beirut and the Lebanese American University are among the schools that offer intensive Arabic language programs throughout the summer.
16:47 GMT
Despite Lebanon’s increasingly unstable political situation, students from around the globe seek its universities, eager to immerse themselves in Arab culture and the Arabic language.
For the World Cup, the 29-year old Ronaldo is reportedly earning $490,870 a week, after tax, amounting to a staggering $2,243,997 (USD) to take part in the 32-day event.
16:39 GMT
For the amount that Ronaldo will earn for playing in the tournament, you could purchase a whole settlement of houses in Africa.
The majority of irregular migrants in Morocco are from sub-Saharan Africa.
16:04 GMT
The state’s overhaul of the migration and asylum system is an excellent case study of how reform is centrally controlled in the kingdom.
Dues owed to foreign partners for the petroleum sector have grown to $6.3bn through July 2014, as compared to $6bn at the end of April 2014
15:02 GMT
The government’s delay in reimbursing foreign partners threatens Egypt’s gas production as it will lead to a decline in production until 2018
There should be strict market monitoring to curb unreasonable price increases and measures to protect SMEs owned and run by middle class Saudis.
14:09 GMT
The segment also played an important role in maintaining a social balance between the upper and lower classes.
One source told The Daily Star that most international oil companies may not rush to bid for available gas blocks if Lebanese politicians failed to iron out all their differences on some articles in the decrees.
04:55 GMT
Lebanon will once again postpone the gas auction which was scheduled for Aug. 10 as some ministers expressed their dissatisfaction over the state’s share stated in the decrees

July 13, 2014

Last month the Paris-based International Energy Agency too conceded that the US was the biggest producer of oil and natural gas liquids.
 In view of the growing US supplies, the OPEC too is cutting forecast of demand for its own oil by 300,000 barrels a day next year.
23:29 GMT
World's top crude consumer, the United States, is now the world's top producer too, overtaking Russia and the OPEC kingdom Saudi Arabia.
. Cultural fit mattered more to interviewers than analytical ability or communication skills.
21:59 GMT
In an increasingly globalised economy, understanding how to deal with others is vital.
Another option that has been pushed forward enthusiastically in recent weeks is selling gas to the international companies that have land-based liquefaction facilities in Egypt.
16:07 GMT
The problem with the Turkish deal is twofold: the delicate political relationship between Israel and Turkey, and the handling of the negotiations on the parts of the corporate bodies in Turkey.
Chinese tourist numbers have recovered from their plunge following the 2012 eruption of the spat between Beijing and Tokyo over islands in the East China Sea.
04:55 GMT
Prayer rooms, hijabs made from local silk and even halal-certified whale meat are appearing in Japan as tourism bosses wake up to the demand from Muslim travellers.
In their efforts to satisfy their individualistic desires, Egyptians are happy to achieve the tiniest self-realisation at the cost of the country’s welfare.
04:55 GMT
In principle, every citizen deserves a better life; why should people suffer if their lives can be improved?