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October 14, 2014

Defending and winning share in Asia's still growing markets has become the primary focus.
05:55 GMT
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.
The new Dubai Tram that is slated to be launched in November could add significant value to the properties around this new mode of transport
04:55 GMT
After the success of Dubai Metro, now the Dubai Tram project could further change the dynamics of the real estate sector,

October 13, 2014

Despite mixed results across sectors in 201, the GCC Islamic Finance industry is expected to maintain its rapid growth over the coming years.
22:58 GMT
The global ratings agency said banking credit stock in the GCC is also expected to climb by around 10 in 2014 and 2015.
The signs are everywhere: US oil imports are shrinking much faster than expected while oil production climbs to a thirty-year high.
13:22 GMT
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

The rise in Gulf nation cash is “definitely good news for the kingdom."
00:25 GMT
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
Media, academics and the general public generally focus on the issues which have already become popular magazine topics, such as YouTube and Twitter bans.
00:06 GMT
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.
Most of the property belongs to locals who have fled and had their property confiscated by the IS group as a result or those who have been forced out.
04:55 GMT
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

The intensification of the civil war in Syria and the continued influx of refugees have adversely affected Lebanon’s economy.
00:59 GMT
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 level of interest mirrors widespread investor confidence in the markets of the UAE, with Dubai's index more than tripling in value since the start of 2013.
00:49 GMT
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 Europe-Iran Forum is being held at a politically sensitive moment as world powers try to reach a deal with Iran on its nuclear program before a Nov. 24 deadline.
00:34 GMT
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.
Israel plans to fully or partly privatise a number of state-owned companies in a move aimed at boosting efficiency, reducing the national debt and fighting corruption.
14:31 GMT
"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

Saudi Arabia, Jordan, Palestine, Yemen and Syria maintained their 2013 ranks. The index takes into account the number of operators, packages, and services available in each of the 19 countries covered by the group.
15:04 GMT
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.
Essam Khalifa, another economist, called for a qualitative improvement of the Saudi labor market to increase the demand for Saudi workers compared with expats.
14:56 GMT
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.
High rents and food costs, particularly that of cottage cheese, an Israeli staple, were among the triggers of a popular protest movement that peaked in 2011.
04:55 GMT
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

Some 465 new schools will be built, while another 1,500 will be refurbished along with work on another 1,544 existing school construction projects expected to continue.
17:32 GMT
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