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October 26, 2014

With markets faltering, most Gulf Arab crude producers today however, can bank upon the cushion of significant reserves
13:57 GMT
The next OPEC meeting in Vienna on November 27 will be crucial in many ways. Eyes are focused on it.
The economy is on the brink of recession, and inflation is negative.
12:40 GMT
In the absence of any real fiscal policy, the Bank of Israel is being forced to bear the brunt alone,
After splashing out on medical infrastructure over the past years, Dubai already ranks globally and aims to move up the list of top international destinations for medical tourism.
04:55 GMT
Where cosmopolitan Beirut was once the region's best known city for going under the knife, Dubai aims to lead the region in nips and tucks.
“We are used to a gap in time between promises and the actual funding,” Gomaa said.
01:49 GMT
Ever since the conference hosted in Cairo on 12 October for the reconstruction of Gaza managed to garner $5.4bn of pledged aid, a looming question has imposed itself.

October 23, 2014

Conversions of conventional banks into Islamic ones are rare but not unprecedented.
17:41 GMT
The Council of Senior Scholars, said investing in NCB's share offer was not permissible because too much of its business was non-Islamic.
A lack of coordination on air traffic control among GCC states has been blamed for the region’s increasing congestion problems.
04:55 GMT
Failure to solve the GCC’s airspace congestion issues will negatively impact the Dubai economy.

October 22, 2014

People often – also because of the economic crisis – prefer to buy a single device which acts both as smartphone and a bit as a small tablet.
04:55 GMT
The tablet world has a newcomer in the form of Apple’s new iPad Air 2, which includes a fingerprint sensor to provide increased personal security
The housing challenges in the region are profound.
04:55 GMT
The young demographic structure of the GCC region is creating a surge in demand for housing.

October 21, 2014

Fuel prices in Jordan are “expensive” and do not match the average income of the majority of people, Majali said.
22:47 GMT
The drop in international oil prices is good news for Jordanians, if it is reflected “fairly” on domestic fuel prices.
The government has begun taking steps to convert Egypt into a global logistics centre for the handling and storage of grain and food commodities according
22:10 GMT
Mehleb says the project is as important as the Suez Canal expansion

Boeing forecasts that airlines in the Middle East will require 2,610 new airplanes over the next 20 years, worth an estimated $550 billion.
04:55 GMT
Boeing, a leading aircraft manufacturer, said today that commercial financial institutions in the Middle East are increasingly funding the region’s record number of airplane deliveries.

October 20, 2014

Employers do not recognise the importance of job security as a key retention driver for employees.
23:08 GMT
Organisations in the Middle East are facing greater challenges than employers elsewhere in the world with 70 per cent of the firms admitting difficulty in attracting and retaining critical skill.
The best way to end terrorist violence is to make sure that the twisted calls of terrorist leaders fall on deaf ears.
20:47 GMT
Military might alone won’t defeat Islamic State and its ilk. The US needs to promote economic empowerment
For the MENA region, economic dynamics are increasingly diverging between the GCC countries and the rest of the region.
04:55 GMT
The decline in oil prices will provide significant boost to the oil importing countries in the Middle East.

October 19, 2014

Saudi Arabia will make sure it will sell its oil first, regardless of the state of the oil markets.
12:31 GMT
If Saudi Arabia no longer has the same influence on the markets it once had, what can explain the slumping prices observed today, at a rate that exceeds the relative downturn in the oil markets felt usually in autumn?