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Cheap gasoline in Dubai offers less incentive for residents to switch to electric cars. (AFP/File)
May 25, 2015 - 16:00 GMT
So far, next to no one drives an electric car.
The Egyptian government plans to negotiate a $6 billion loan with the IMF to close the financing budget gap for the fiscal year. (AFP/File)
May 25, 2015 - 15:00 GMT
The Egyptian government plans to negotiate a $6 billion loan with the IMF to close the financing budget gap for the fiscal year.
Fenwick store in Mayfair. The Abu Dhabi Royal family are now the largest landowner in Mayfair after the Duke of Westminster. (Wikimedia Commons)
May 25, 2015 - 14:00 GMT
Emiratis' visa-free access to the EU expected to boost property investment.
Sectors such as clothing, footwear, and furniture marked 10-14 percent drop in sales in Lebanon in Q1. (Pixabay)
May 25, 2015 - 13:49 GMT
Political impasse in Lebanon and regional conflict are squeezing the retail sector.
Approximately 60% of the Saudi population uses the internet, yet local businesses are not yet taking full advantage of the potential. (Flickr)
May 25, 2015 - 12:58 GMT
Google Partners will pair local agencies with small and medium enterprises (SMEs) in Saudi Arabia to help grow their businesses online.
A cab company will start operating hybrid vehicles in the next three months under an agreement with the Amman municipality, the company's chairman said Sunday.
May 25, 2015 - 12:00 GMT
A cab company will start operating hybrid vehicles in the next three months under an agreement with the Amman municipality, the company's chairman said Sunday.
Co-chairman of the World Economic Forum said reducing the gender gap by one-third would increase regional GDP by $1 trillion. (AFP/Ramzi Haidar)
May 25, 2015 - 10:52 GMT
As youth unemployment runs rampant in the Middle East, more governments are attempting to address one of the underlying issues — women in the workforce.
Iran and Indonesia have reached a final agreement on building the small hydroelectric power plants in the archipelago. (Shutterstock)
May 25, 2015 - 09:54 GMT
Iran and Indonesia have reached a final agreement on building the small hydroelectric power plants in the archipelago.
Egyptian President Mohammed Morsi with his ministers following the swearing in ceremony of the new Egyptian cabinet at the presidential palace in Cairo. (AFP/File)
May 25, 2015 - 09:26 GMT
The cost of shoring up public finances will be pushed onto people less able to afford it, the IMF said Sunday.
Remittances to East Asia and the Pacific will increase by only 2.8 percent in 2015. (Shutterstock)
May 25, 2015 - 09:21 GMT
Moderate slowdown in remittances from overseas workers in the UAE to East Asia will hit the poor the hardest, according to the World Bank.
Market share is a highly sensitive issue due to a change in the global energy map. (Shutterstock)
May 25, 2015 - 08:19 GMT
OPEC likely to resist price cuts and output, as US increases production and summer domestic needs absorb supply.