Main headlines

March 20, 2013

Libyan PM Ali Zidan
07:20 GMT

The green light came after heated discussions in Tripoli.

Arab countries can expect an average growth of 3.5 per cent this year, according to a  banking chief.
07:13 GMT

Arab countries can expect an average growth of 3.5 per cent this year, according to a banking chief.

Nuclear power plant in Iran
07:07 GMT

Bank Mellat is appealing to the Supreme Court against sanctions imposed over nuclear links.

New pay increases for public sector workers in Lebanon will be funded by tax hikes an increase in VAT
06:33 GMT

Lebanon's long-awaited new salary scale draft law will be tied to an increase in working hours of civil servants and a tax hike on luxury goods, according to the country's State Minister.

Bakers are protesting in Egypt over planned subsidy changes (File photo)
03:46 GMT

Hundreds of bakers blocked the entrance to the Egyptian supply ministry on Tuesday to protest a government scheme to reduce flour subsidies as the it also announces new rationing plans.

March 19, 2013

Bahrain
13:49 GMT

Sabah Khalil will remain on the bank's board.

Riyadh at night
13:23 GMT

Urban hubs Jeddah and Riyadh have seen rental rates balloon.

Egypt's President, Mohamed Morsi, is hoping that Egypt will join the BRICS group of fast-growing economies
11:27 GMT

Egypt may one day join the BRICS grouping of growing economies, President Mohamed Morsi told the Hindu, an Indian English language daily, in an interview published on Monday.

Egyptian President Mohamed Morsi is visiting India in an effort to boost trade and tourism between the two nations
09:01 GMT

Egyptian President Mohamed Morsi is visiting India in an effort to boost trade between the two nations.

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.