Main headlines

March 19, 2013

Emirates Capital (Trade Arabia)
08:50 GMT

Emirates capital is moving in to the recently independent state

The grant is worth $3.15 million
07:57 GMT

The Japanese will provide $3.15 million to the Kingdom in environmental grant.

The World Bank's International Finance Corp is planning to swap local Egyptian currency for dollars
07:46 GMT

The World Bank’s International Finance Corp is reportedly planning to conduct currency swaps in Egypt to help local firms meet their foreign exchange needs.

Lebanese trucks used to travel freely between to and from Syria (Daily Star)
07:14 GMT

Border crossings with Lebanon remain shut as exporters told to find another route.

Arab banks have threatened a pull out from Cyprus (YIANNIS KOURTOGLOU / AFP)
06:34 GMT

Following the decision to place a levy on savers as part of a bailout deal in Cyprus, almost causing a run on the banks, Arab institutions may abandon the smallest region in the Eurozone if the savings tax isn't reversed, the head of the World Union of Arab Bankers warned.

YouTube is extending its "Partner Program" to Egypt and Saudi Arabia
03:36 GMT

Leading online video community YouTube said it would allow users in Egypt, Saudi Arabia and UAE to generate revenue from online content.

March 18, 2013

Following the Libyan revolution, power supply companies are winning big
13:23 GMT

Temporary energy companies are winning big as Libya rebuilds following the revolution and electricity supplies are less than required.

An economic slowdown in jordan is reducing consumers spending on food
13:10 GMT

The economic slowdown in Jordan is leading to a decline in consumer spending on food

Tourism in Egypt continues to suffer over security concerns
12:59 GMT

The numbers of tourists visiting Egypt dipped again in February as security concerns continue to hurt the industry.

Bank workers in Lebanon are taking industrial action over labor agreements
12:46 GMT

Bank workers in Lebanon have taken are following in the footsteps of public sector workers and taking industrial action over labor agreements.

Sugar is Brazil's biggest export to the Middle East
12:45 GMT

Trade between Brazil and Arab countries grew over 3% in 2012.

An IMF team  has left Cairo after 'positive' talks (File photo)
10:33 GMT

An International Monetary Fund delegation left Cairo on Monday morning after day-long talks with the Egyptian government over a $4.8 billion loan which both parties portrayed as positive.

Jordan's Prime Minister met with the President of the EBRD to discuss increasing cooperation
10:20 GMT

Jordan's Prime Minister-designate Abdullah Ensour and President of the European Bank for Reconstruction and Development (EBRD) Suma Chakrabarti on Sunday discussed ways to boost ongoing cooperation between the Kingdom and the bank.

Economic sanctions against Iran aren't working, officials have said.
10:12 GMT

Tough economic sanctions against Iran has taken a serious toll against its economy, but has not yet produced the kind of public unrest that could force Iranian leaders to change their nuclear policies, officials have acknowledged.

Thousands of refugees entered Jordan from Syria last weekend (Photo UNHCR/B. Sokol)
08:43 GMT

Around 160,000 Syrian refugees are working without proper documentation in Jordan having fled the violence in their home country.