November 22, 2012
Lebanon is to introduce biometric passports, in line with the International Civil Aviation Organization's mandatory requirement for the adoption of biometric technologies by all member countries by 2015.
Egypt is compensating disrupted natural gas quantities to Jordan after several months of export troubles due to attacks on the Sinai-Egyptian pipeline that supplies natural gas to Jordan and Israel, a Jordanian official has said.
As Jordan seeks to liberalise it's fuel markets, the country signed an agreement with French firms to supply oil products to forecourts across the country.
The of board of Gulf Air, the national carrier of Bahrain, yesterday passed a resolution to set up three committees for the implementation of its restructuring plan
Among the Arab Spring countries, Syria has the greatest potential in terms of investment and the UAE National companies are still interested to have businesses in Syria, according to the Minister for the Economy.
Egypt stocks soared during Wednesday trading as the success of the government in reaching agreement with the International Monetary Fund on a $4.8 loan Tuesday positively affected investors' behaviour.
The offices of Al-Jazeera Mubasher Misr, located above Cairo's Tahrir Square, was torched by unknown assailants at 10:30am on Wednesday after a series of street battles between protestors and security forces.
November 21, 2012
With the turmoil in the Middle East worsening, latest round of development being an explosion in a bus in Tel Aviv that injured at least 10 people, crude prices have climbed in a big way.
Egypt came sixth in the list of developing countries that receive remittances according to a World Bank and Development brief released on Wednesday, with an estimated $18 billion in migrant transfers.
Gulf states are looking at ways to help Jordan’s ailing economy after a decision to cut fuel subsidies sent energy prices soaring and led to street protests.
Gasoline and fuel prices in Lebanon continued to decline Wednesday, falling by LL500, according to the country’s Energy and Water Resources Ministry.
Oman has requested the sale of $96 million worth of guided missiles from the United States, the Defense Security Cooperation Agency (DSCA) said.
Egypt stocks slipped slightly on Monday, although news of an initial agreement between Egypt and the International Monetary Fund over a proposed $4.8 billion loan agreement cushioned what might have been a much more severe drop.
The Prime Minister of cash-strapped Italy yesterday used a visit to the UAE to call for firms from both countries to step up their efforts to find investment opportunities.
Following the Jordanian governments decision to lift subsidies on fuel products, demand for petroleum products has dropped sharply over the last few days, according to the Gas Station Owners Association.