February 24, 2015
With sector sales volumes dipping, new demands are placing an extra burden on them
Desperate for a blessing? Russia to open first Islamic bank, looks to Shariah funds to offset sanctions
Russia plans to open its first Islamic bank this year, seeking to attract Shariah-complaint funds as international sanctions push the economy toward a recession.
While the current oil prices are below most GCC countries’ fiscal break-even point, governments generally have the resources to help mitigate the immediate impact and maintain a supportive operating environment for economies.
February 23, 2015
Cyprus and Greece which are struggling following economic bailouts are looking to attract investors from the UAE.
The Labor Ministry has forced the minimum wage on the private sector to make sure that Saudis will not be exploited, the same should be done for expats.
The United States and Iran are shaping the contours of a deal that would initially freeze Tehran's nuclear program but would allow it to slowly ramp up activities.
From Michael Kors to Victoria’s Secret and Tory Burch, City Stars' entire floor is a line-up of the most luxurious brands in the world.
February 22, 2015
A government whistleblower who tweets under the pseudonym Fuat Avni argued on Tuesday that most lenders in Turkey are vulnerable to being seized by the government.
Air traffic control is a seemingly invisible concept, and as such it’s often forgotten about.
February 19, 2015
The oil sector is restructuring after the collapse of oil prices and opportunities may emerge for larger players wishing to snap up distressed companies.
The participants at the second Global Restaurant Investment Forum today believe there may be room for more. Has the market not become rather saturated?
The rise of the Islamic State (IS) in Iraq and Syria presents a major challenge for the investment necessary to prevent an oil shortage in the next decade.
Paris hopes the 5.2 billion euro ($5.9 billion) deal for 24 Rafale fighters to be delivered later this year -- which comes as Cairo launched air strikes against jihadists in Libya.
February 18, 2015
Egypt and Jordan yesterday announced that they planned to sign memoranda of understanding to import gas from other countries.
From a small two-room office in Al-Rimal neighborhood in Gaza, Lozon and his partner Ahmed Abu Shaban co-founded Unit One as a self-funded software development startup in 2005.