Featured Articles

July 9, 2014

However food waste is not unique to Saudi Arabia, low income and developed countries face problems in waste.
18:47 GMT
Saudi Arabia is the world’s top food importer, and also rated as one of the worst wasters.
The scars left by the Arabtec saga on both the company and the stock market may heal with time.
04:55 GMT
Married with four children, Ismaik has been spending some of his time since he quit watching World Cup soccer, rooting for Germany; he owns part of German soccer club TSV 1860 Munchen.
The global energy mix is shifting toward cleaner fuels such as natural gas
04:55 GMT
This year, energy markets have been marked by geopolitical motivations and pragmatism to an extent never seen before.
Dubai Marina and Shaikh Zayed, where a studio apartments costs about Dh80,000 a year on average are less-pricey options.
00:42 GMT
Affordable places to rent can be found in Deira, Discovery Gardens and Jumeirah Village,

July 8, 2014

Bullish comments about Arabtec and its shares by then-chief executive Hasan Ismaik, who resigned in June, helped to fuel investor interest in the stock.
15:34 GMT
in a statement after its chief executive met with heads of the central bank, the economy ministry and the Dubai and Abu Dhabi stock exchanges.
The consultancy expects some 7 million square feet of new malls with a size of over 1 million square feet to enter the market over the next two years.
14:32 GMT
Mall of the World, the latest addition to Dubai’s retail, hospitality and leisure offering, is expected to boost visitor numbers and further strengthen the emirate’s mall development pipeline.
Expanding the foreign trade of the transition countries is the most effective way of raising growth and creating employment, along with massive investment in infrastructure and development projects.
04:55 GMT
In particular, GCC governments wanting to provide aid should orient it towards Aid-for- Trade enabling and facilitating reforms and investments.
A majority of the 3,189 suicides committed last year in Turkey were by men, who accounted for 72.7 percent, while women accounted for the remaining 27.3 percent.
01:01 GMT
Financial problems were listed among the reasons for suicide in Turkey last year, according to figures from the Turkish Statistics Institute (TurkStat) released last month.

July 7, 2014

The UK prime minster, David Cameron, in his Ramadan message states: “Ramadan is about charity, contemplation and community.”
04:55 GMT
In the context of Islamic economy contemplation, here are three thoughts for consideration during the holy month of Ramadan.
Reduction in public expenditures has prompted the government to increase the prices of automotive petroleum products.
02:13 GMT
Since his inauguration a month ago, President Abdel Fattah Al-Sisi has adopted several economic measures that have shaped Egypt’s economic climate.

July 6, 2014

Not to be outdone, French firms are also preparing for their return to Iran
10:56 GMT
Competition for the Iran market is fierce. Businesses across the world, but most notably in the U.S., are keen to fill the space left by the likes of Renault and PSA Peugeot Citroën and gain access to Iran’s 78 million consumers
A report has shown that the country saw 946 workers die in work-related accidents in the first six months of the year.
07:51 GMT
Turkey already has a bleak record for workplace deaths, and health and safety standards are often neglected in the country.
"The people won't like that, this could turn the people angry and against the state," he added.
04:55 GMT
Egypt had overnight on Friday slashed its subsidies for car fuel and natural gas, increasing their prices by more than 70 per cent.

July 4, 2014

For those concerned about consumption and commercialization in Ramadan, the month of fasting threatens to be turned into the month of overeating and excessive prices.
15:15 GMT
With petrodollars in the Gulf, splashing cash at luxury hotels is not an issue for those who can afford it, but the true meaning of Ramadan is being lost in the process
Buoyed by a growing population of both locals and expats, the total number of schools in the region is expected to grow at a compound annual growth rate (CAGR) of 2.4 per cent from 2013 to 2020.
02:09 GMT
However, the sector also faces a number of challenges such as the shortage of skilled teachers and regulation of fees that obstruct the growth of the education industry in the long term.