Recent

Egypt recieved deposits worth a total of $6 billion from three Gulf nations, Saudi Arabia, the United Arab Emirates and Kuwait. (File photo)
April 27, 2015 - 20:09 GMT
Egypt's foreign reserves are expected to rise to over $20 billion after the recent Gulf deposits.
Gas accounts for almost eight per cent of India’s energy. (File photo).
April 27, 2015 - 17:00 GMT
India is in talks with Qatar to import at least 10 per cent less liquefied natural gas (LNG) under a long-term deal.
Despite subdued demand during World Cup and the national election, Brazil experienced an increase of 1.86 per cent in traveller numbers last year. (File photo)
April 27, 2015 - 13:34 GMT
Middle East airlines are playing a major role in providing connectivity to non-traditional destinations from Brazil as an increasing number of Brazilians now seeking newer travel options.
Hundreds of importers and exporters lost millions of dollars worth of goods when rebels pillaged the vast free trade zone. (File photo).
April 27, 2015 - 13:13 GMT
The closure severed its most important trade route to the outside
KSA has been a key market for growth in the Islamic banking industry.
April 27, 2015 - 12:58 GMT
The Islamic banking industry in the Kingdom of Saudi Arabia (KSA) is set to achieve $683 billion of Shariah-compliant assets by 2019.
Out of a total of 27 companies traded on the exchange, shares of 18 companies rose, while shares of five companies fell (File photo).
April 27, 2015 - 04:55 GMT
The Dubai index may consolidate in a range with a tough resistance at the keenly-watched 4,200 level.
Riyadh’s hotel market also saw year-to-February occupancy rates remain stable at 64 per cent (File photo).
April 26, 2015 - 21:10 GMT
Saudi Arabia’s hospitality market can expect to witness high levels of new supply over the next three years.
Lebanon continues to be beset by structural bottlenecks such as electricity, water, transportation and telecommunications (File photo).
April 26, 2015 - 16:44 GMT
Policymakers need to urgently address Lebanon’s longstanding and worsening structural bottlenecks
Concerns related to low oil prices, coupled with the more recent concerns over QFII access being delayed, have led to a significant outflow of funds from foreign investors (File photo).
April 26, 2015 - 16:30 GMT
The move holds significant potential for the market’s growth and importance over the coming years, Deloitte said in a study.
low-income buyers have turned to purchasing singles, to save money for other necessities.
April 26, 2015 - 13:29 GMT
The Cairo and Giza Tobacco Traders Association expects a decrease in tax proceeds of EGP 2bn ($262 million) in the current fiscal year’s national budget.
Dubai trails a long way behind at a mere $43 per square foot, just above the last two cities in the table, Kuala Lumpur and Seoul (image: on file).
April 26, 2015 - 13:15 GMT
Dubai skyscrapers have emerged as among the cheapest per square foot in the world for prime office rents.