October 29, 2012
As protests continue in Bahrain, Eid provided a brief glimmer of hope for hoteliers as top hotels seeing high occupancy rates during the holiday.
From next month, citizens in Giza will use ration cards when they buy subsidised gas canisters; if successful scheme may be rolled out countrywide.
October 28, 2012
Dubai seeks to diversify its sources of energy and reduce energy consumption by 30 per cent by 2030, according to a senior official speaking at the World Energy Forum.
The Kuwait Fund for Arab Economic Development has reportedly issued a loan of EUR 25 million ($32.5 million) for the construction of a railway station in Belgrade, Serbia.
Qatar Airways plan to expand its route network by adding three new destinations in the United States to its list, the airline company’s CEO Akbar al-Baker has said.
In a significant move, the Human Rights Council’s special rapporteur, Richard Falk, urged the international community to boycott 13 companies benefiting from business with Israeli settlements, the United Nations has reported.
Egypt’s government has finalised draft legislation placing more punitive penalties on those caught smuggling subsidised Egyptian petroleum products such as diesel, octane and butane, state-run daily newspaper Al-Ahram reported on Saturday
October 25, 2012
As civil war rages in Syria, the government has announced its budget plans for 2013, and is set to increase state spending by four per cent, with plans to increase subsidies and public sector salaries in an attempt seen to try and control the uprising.
As protests in Bahrain continue, gold traders are trying to secure their incomes, by using trade fairs and Foreign Direct Investment, but will international companies take the bait and work in a country that is committing human rights abuses?
To protect itself from the kind of debt crisis that shook Dubai in 2008, Abu Dhabi has issued an official document clarifying ultimate responsibility for new debt issuance by its government-related entities.
Google is looking set to launch its rival to the hugely popular iPad, as the company desperately seeks to gain a foothold in the competitive tablet market.
Heavy rush for seats has pushed up airfares in some sectors with Doha International Airport seeing busy traffic, mostly outbound, with many residents flying out during the Eid al-Adha break
Shopkeepers and merchants in Beirut lamented what they said was an unprecedented decline in business during Eid al-Adha, as shoppers confined their purchases to bare necessities two days ahead of the Muslim holiday commencing Friday.
The UAE has improved its ranking in the World Bank’s Doing Business 2013 report to 26, up from 33 last year, in news that will please investors, despite the UAEs hubris over claims it is "immune" from global shocks.
Israeli police Wednesday used force to disperse some 100 Palestinians and international activists who were protesting at the entrance of the Israeli supermarket chain, Rami Levi, outside a settlement north of Ramallah.