Main headlines

November 5, 2012

Apple introduced the iPhone to the Mexican market in 2007
15:50 GMT

Tech giant Apple has reportedly lost a legal battle over the iPhone's name in Mexico.

About 32,000 cruise tourists were expected to visit the country
09:34 GMT

Bahrain's cruise season is officially launched on Friday when a German liner carrying 2,300 tourists docks at the Khalifa Bin Salman Port.

Former director of the General Intelligence Department Mohammad Dahabi.
09:13 GMT

The jury might still be out on former General Intelligence Department (GID) chief Mohammad Dahabi but a verdict has been promised for next week.

Chairman of the Boards of Governors Riad Salameh
08:15 GMT

To avoid inflation, the Lebanese are looking at upping taxes or paying salary increases in installments.

The decision was taken to address the rising budget deficit which has reached unprecedented levels
04:00 GMT

The government will not surprise the public with any decision to lift fuel subsidies which are burdening the state budget and raising indebtedness to unprecedented levels, Prime Minister Abdullah Ensour said.

November 4, 2012

King Abdullah II of Jordan addresses Amman's ICT community
15:07 GMT

HM King Abdullah II of Jordan Sunday, 4 November, held an open forum with the Kingdom's ICT figures to discuss ways to take the country's once-thriving hub back to the future. With royal backing, the sector was offered a new lease on a cyber climate hunkered down for crackdowns and censorship.

Egypt's finance minister Momtaz El-Said (Photo: Al-Ahram)
13:12 GMT

As the IMF loan deal moves into the 'technical phase', fears start that the financial juggernaut will squeeze Egypt's economy.

iPad Mini.
11:45 GMT

While the iPad 'light' comes at just over two thirds the size of the original, the shaved-off versions carries no reduction in price. Many online retailers have started selling the Apple’s newly launched 7.9-inch iPad Mini on the grey market but for a hefty premium in the UAE markets.

Both countries have also opened their economies for mutual investment and signed agreements for the liberalisation of visa regimes, especially for businessmen
10:53 GMT

Companies involved in Halal products in Bahrain could be set to cash in on the historic agreement by India and Pakistan to open trade links for the first time in 16 years. Bahraini businesses could rake in profits from the re-galvanized trade-link between former enemy states.

BLOM is one of the banks which maintained reasonable profits. (The Daily Star/Mahmoud Kheir)
08:46 GMT

Lebanon's banks are set to weather the storm of the economic slump, borrowing on the typical national spirit used to bouncing back from crises, says a bankers' forecast.

November 1, 2012

Bahrain's ruler has demanded that flag carrying airline Gulf Air  be recapitalised
09:25 GMT

Bahrain’s ruler King Hamad bin Isa al Khalifa has issued a decree allocating BD185 million ($490.9 million) funding to support the ailing national airline Gulf Air, after a serious of troubling setbacks.

The UAE is prepared for any closure of the Straight of Hormuz, the country's Oil Minister has confirmed.
09:10 GMT

The UAEs Oil minister has said that the country is preparing for any potential blocking of the crucial Straight of Hormuz with a new pipeline expected to open by the end of 2012.

Bread prices could fluctuate in Egypt's Port Said area
08:57 GMT

Egypt’s coastal governorate Port Said will be a pilot case for separating wheat production and distribution, whereby the price of wheat will be determined according to international prices, a potentially risky move in a country that is no stranger to bread riots.

Mixed news for Iraqi oil industry
04:00 GMT

A U.S. inspector general report takes note of progress made in Iraq in terms of internal oil disputes, but said rivalries among various factions remain tense.

Lebanon drops in global prosperity index
03:00 GMT

Lebanon dropped three ranks in the Legatum Institute's global prosperity index. The country was ranked 85th down from 82nd last year.