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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?
The high percentage increases are indicative of the depths to which occupancy and RevPAR had plunged.
11:46 GMT
The number of tourists arriving in Egypt increased by 15.8% in July compared with the same month a year ago.
“There are a huge number of macro trends which have driven London, from the Arab Spring, through to exchange rates, through to Argentina defaulting and Ukrainian money coming in.”
04:55 GMT
“A lot of the Middle Eastern buyers are next generation. They went to university in the US and the UK....They don’t want to stay in dad’s house in Knightsbridge."
Becoming a parent is a joyous experience but being financially prepared is an absolute must.
04:55 GMT
Pregnancy and motherhood bring many changes — including some major ones to your bank account.

October 17, 2014

The value of investments of Jordanians in Turkey is around 500 million euros (JD450 million), in Egypt over JD350 million and over JD50 million in London’s real estate market
01:00 GMT
The UAE is the biggest market for Jordanian property investors, he said, indicating that the drive behind Jordanian investments in other markets is the incentives they are offered abroad.
The shale revolution has been driven by hundreds of disparate U.S. companies drilling thousands of new wells.
00:29 GMT
Saudi Arabia effectively started a global oil price war this month aimed at quickly denting U.S. oil output.