March 12, 2013
The International Monetary Fund (IMF) on Monday announced it has reached a staff-level agreement with Jordan to conclude the first review under the Stand-By Arrangement (SBA), which could make a total of $385 million available to the Kingdom in April.
March 11, 2013
Dubai scores high as a world's richest investors' paradise again, but China is leaps and bounds ahead of the game.
New Emirati graduates overwhelmingly prefer to work in the public sector where salaries are substantially higher than at private firms.
Bahrain says the project could employ 10,000 although details are yet to be published.
US Ambassador signals faith in Egyptian economic prospects.
The offshore gas field was found after four years of intensive exploration
After providing $5 billion in fiscal support to Egypt, Qatari Finance Minister says his country does not plan to give further aid to the struggling North African Nation.
“Futuristic” Gulf cities, such as the UAE’s Dubai, are major targets for the civil unmanned aerial vehicle (UAV) – or drone, an industry expert revealed on Sunday.
Jordan's water workers are continuing industrial action over pay conditions after halting pumping from water stations in the central region of the country.
The UAE maintained its position as the second largest Arab economy in 2012 after its gross domestic product (GDP) swelled by $23 billion in current prices, according to a US report.
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.