March 11, 2013
Egypt has fallen to the lowest rank out of 140 countries evaluated in terms of safety and security just behind Pakistan, Chad and Yemen, in the World Economic Forum (WEF)'s Travel and Tourism (T&T) Competitiveness index.
March 10, 2013
Inflation in Egypt has jumped to 8.7 per cent, year on year, according the the state statistics body.
Qatar’s sovereign wealth fund is attracting former French president Nicolas Sarkozy into the private equity game, the Financial Times reported this week.
Subsidies on wheat and barely cost Jordan $410 million a year, according to the country's industry and trade minister.
Civil servants and public school teachers in Lebanon are gearing up for more demonstrations on Tuesday over the long-debated public sector pay scale.
Bahrain’s national carrier Gulf Air in a major move has started recruitment of all Bahraini pilots who have been affected by the closure of Bahrain Air in line with nationalisation strategy.
Saudi Arabia’s HSBC Purchasing Managers Index (PMI) for February tops the charts, a senior economist said.
UDC grants contract for Qatar twin tower project at the Pearl-Qatar
Iran is set to lose one of its biggest buyers as India announced Friday that its insurers will no longer cover refineries importing crude oil from the country.
Tobacco, soft drinks, alcohol, steel rebars, cement and mobile phone calls will be subjected to a tax hike
The World Travel & Tourism Council estimated that the travel and tourism industry’s direct contribution to the Lebanese economy would reach $4.1 billion in 2013, up by 1.8 percent from 2012.
March 7, 2013
Paramount, the maker of movies such as ‘The Godfather’ and ‘Titanic,’ is teaming up with property developer Damac to build a $1 billion hotel project in Dubai.
Apples grown in the Israeli-occupied Golan Heights have entered Syria, after being transported by the International Committee of the Red Cross, Syrian officials announced on Wednesday.
Stock markets across the region had a healthy day on Wednesday, despite a downward trend in the UAE, with Egypt's bourse being lifted out of an 11-week low.
Emirates airline, the UAE's flag carrying airline, is to have its second sukuk sale this year, according to lead arrangers Citibank and Standard Chartered Bank.