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April 23, 2014

That being said, MENA workers prefer face-to-face communication over technology. Although 76% admit technology makes them more efficient, their preferred method of communication is “in person”.
23:25 GMT
For example, Google Street View-cars are coming to the Middle East, with Dubai being the first city in the region to have street views added to Google’s online mapping service. Some members of the public have already spotted them. Have you?
Midwest Tower Hotel is one of Dubai's biggest landmarks and will undergo a makeover (Image: Booking.com)
12:50 GMT
The Grand Midwest Tower will be getting a makeover in preparation for World Expo 2020, which is expected to welcome millions of tourists.
Abu Dhabi's rental prices rose by 17 percent in 2013 (File/AFP)
11:11 GMT
It can be a tough choice, but sometimes, one is easier than the other. Renting or buying have their pros and cons but how do they benefit each other?

April 22, 2014

However, solving these issues won’t have a significant impact until the basic product is modified to resolve the psychological barriers that have impeded its success.
23:14 GMT
This can again be linked to the fight-or-flight response: imagine the feeling of being watched, unable to know whether you’re being recorded, filmed, or investigated.
Food imports account for around 90 percent of GCC food consumption while the demand for food is set to grow (File/AFP)
14:35 GMT
While food imports are high in GCC states, agriculture is low, creating a dependancy on foreign countries.
The Saudi government is aiming to invest long-term in the country's health infrastructure (File/AFP)
13:48 GMT
Huge potential: The Kingdom's health insurance market could be the biggest in the region according to a medical insurance health insurance expert.
Bassam Hage, Mena markets leader said growth "remains robust" but diversity should remain in the economy (File)
12:07 GMT
It may be a promising year ahead for GCC states with the rise in economic growth in Saudi Arabia, Qatar and the UAE.

April 21, 2014

Saudi will produce 41 gigawatts of solar energy by 2032 (File Archive)
14:00 GMT
Saudi Arabia is planning to invest $109 billion in its solar energy sector by 2032, which will provide a third of the country's overall energy requirement by that time.
Since 2001, S&P has only seen 20 international sukuk from issuers outside of Malaysia or the GCC (File Archive/Shutterstock)
13:00 GMT
Islamic finance is increasingly labeled as the future of finance, but the sukuk market largely remains outside of mainstream markets globally.
The new law is supposed to ensure in part that workers are not victims of corrupt-or inactive-recruitment agencies (File Archive)
12:00 GMT
Bahrain has recently passed a new law to regulate labor recruitment in the Gulf country. The new regulations aim to "safeguard the rights of skilled and semi-skilled expatriates," say authorities.
Iraq announced plans for four new oil refineries, but the country has failed to attract investment from the private sector in such ventures since 2009 (Courtesy of NPR)
08:30 GMT
Iraq must reconsider its expenditure and production of various energy sources if it wants to stabilize the country's energy situation overall and save much needed resources.
Egypt's government will allegedly make a "bigger push" to distribute smart cards for fuel to subsidize the price of gasoline for citizens (File Archive)
08:02 GMT
Egypt is attempting to restructure its energy subsidies "without affecting poor and low income segments," but can the new strategy work if the government is still undecided on whether or not they will raise petrol and fuel prices?
In the tourism segment, basically everything is needed, most of all, hotels and related leisure facilities, together with appropriate infrastructure.
03:55 GMT
Tourism receipts were also skyrocketing and reached $926mn in 2013 against some $400mn in 2012, according to official government figures.

April 20, 2014

Saudi Arabia-based companies awarded $10.59 billion in contracts in Q1 of 2014 (File Archive)
12:00 GMT
Saudi Arabia's construction industry witnessed a record year for contracting in 2013, and 2014 promises even brighter prospects for this developing sector.
BLOM Bank, Bank Med and Bank Audi all were upgraded from "negative" to "stable" under Standard & Poor's ratings (File Archive)
09:17 GMT
Standard & Poor's has raised its outlook for several Lebanese banks in what may be the latest sign of a recovering economy in this MENA country.