May 2, 2013
Shell has been awarded what is probably the largest contract ever for a UK company in the United Arab Emirates with the Anglo-Dutch oil giant set to invest huge sums to develop the Bab sour natural gas field for local energy requirements.
As the world marked Labour Day on Wednesday, Jordan's Labour Ministry said it continues its efforts to organise the labour sector with inspection campaigns to detect illegal guest workers.
The social media giant Facebook reported on Wednesday a massive boost in mobile advertising revenue, which could go a long way in easing fears from investors over the Menlo Park company’s future growth.
Wheat shipment arrived in Egypt's port city of Alexandria on Wednesday.
The sovereign Islamic bonds law passed by Egypt's Shura Council Tuesday is expected to boost economic growth and employment figures, according to Ahmed El-Naggar
May 1, 2013
Yemen confirmed on Tuesday a lucrative oil-pipeline in the east of the country was attacked.
Internet user in the UAE are being promised “reliable and robust” services as a new undersea cable is to be introduced to bring faster speeds.
Wednesday 1 May, May Day, has officially been designated as a holiday for bank and Egyptian Exchange (EGX) employees, with work set to resume on Thursday.
Egyptian President Mohamed Morsi said on Tuesday in light of Labour Day celebrations that the government will halt its privatisation policy and will not sell any more public companies.
The head of the Lebanon's National Audiovisual Media Council is urging Central Bank Governor Riad Salameh to help radio and TV stations in Lebanon obtain soft loans from commercial banks to enable these media outlets survive.
Egypt will raise toll fees by 5% for oil tankers and petrochemical products and 2% for container ships and car carriers, said the Suez Canal Authority (SCA).
Oman's government expects $10 billion foreign direct investment in Duqm economic zone in the next five years.
Egypt's Shura Council (upper house of parliament) on Tuesday approved the Islamic bonds (Sukuk) draft law, reported a television channel.
Lebanon's President Michel demanded answers on Monday to find out why the power-ship loaned from Turkey has stopped working.
Jordan's government on Tuesday decided to lower fuel prices as of Wednesday by around 5 per cent.