February 12, 2013
King Abdullah bin Abdulaziz, of Saudi Arabia, appointed on Monday Majid Abdullah al-Moneef as the new Secretary General of the Saudi High Economic Council.
The Lebanese firm that imports European frozen food meals found to contain horsemeat said Monday that the mislabeled “beef” products have been pulled from local supermarket shelves.
The UAE has attracted about $8.2 billion in 2012 as direct foreign investment from Arab Spring countries, Sheikh Mohammad Bin Rashid Al-Maktoum, Prime Minister of the UAE, said on Monday.
The International Monetary Fund will resume talks with Egypt over a proposed $4.8 billion loan once Cairo ensures it that recent economic reform measures are in line with Egyptian "political imperatives".
February 11, 2013
Investment Corporation of Dubai (ICD) is reportedly in talks with banks over a $2 billion loan it is scheduled to repay in August, with refinancing the most likely option.
Egypt's southeast is currently facing the spectre of a major locust infestation following recent heavy rainfall and the start of a new breeding season.
Lebanon's Prime Minister, Najib Mikati, ruled out any increase in Value Added Tax, in remarks published ahead of talks aimed at increasing government revenue.
Jordan is preparing to host the World Economic Forum meeting on the Middle East and North Africa, according to a statement yesterday.
PricewaterhouseCoopers (PwC) is to deal with unpaid hospital bills by Libya, who sent rebels for treatment in Jordan during the revolution that ousted Gaddafi.
The Kuwait Stock Exchange started Monday trading on a positive note.
Egyptian stocks rose slightly on Sunday, with net buying on the part of Arab and foreign investors shoring up an otherwise skittish market.
BlackBerry’s latest smartphone, the Z10, was finally launched in the UAE on Sunday night after a day of “will-it-or-won’t-it” speculation.
Egypt will ask the World Bank for a series of financial aid packages aimed at improving the national railway system, Prime Minister Hisham Qandil announced on his official Facebook page on Saturday.
Operations at Egypt's Ain Sokhna seaport have been paralysed due to ongoing labour unrest, which has forced a number of incoming cargo ships to head to alternative ports both inside and outside of the country.
February 10, 2013
Health sector workers in Palestine are to take industrial action next week over the delay in the payment of salaries.