January 12, 2012
Libya boasts such strong economic fundamentals that they can lead it “within 3 to 5 years to become the ‘Dubai of the Maghreb.”
January 11, 2012
Mohamed ElBaradei, candidate for the Egyptian presidency, said the country needs to take urgent steps to prevent economic collapse amidst the current instability.
January 10, 2012
Palestinian PM Salam Fayyad told reporters yesterday (Sunday) evening that he hopes to reduce the Palestinian Authority’s budget deficit through increasing taxes and reducing spending.
January 9, 2012
The UAE has been forced to delay the construction of a pipeline allowing oil to bypass the Strait of Hormuz due to construction problems.
January 8, 2012
According to data released by the Jordanian Department of Statistic, unemployment for the kingdom averaged 13.1 percent for 2011.
January 5, 2012
Despite the growing international isolation, Tehran Stock Exchange (TSE) ended 2011 with a significant growth
January 4, 2012
The Iranian rial partially recovered on Tuesday following a two-day precipitous drop in value.
January 3, 2012
The new Libyan authorities clarified today that the announced decision to review the contracts signed between the Italian oil company Eni and the Gaddafi regime does not cover the oil and gas agreements
January 2, 2012
“The sanctions would harm everyone and make the global banking system more vulnerable.
January 1, 2012
The countries of the Gulf Cooperation Council (GCC) plan to invest $ 968 billion in major projects over the next ten years.
December 29, 2011
The fragile Egyptian economy is weakened because of the political uncertainties
December 28, 2011
Saudi Arabia has recently revealed that it will begin to allow foreign airlines conduct domestic flights.
December 27, 2011
The Central Bank of Morocco expects an economic growth of 4% to 5% next year.
December 26, 2011
The oil minister of Syria, Sufian Alao, said on Saturday that oil production in his country was reduced by 30 to 35% of its capacity as a result of the international sanctions.
December 25, 2011
Iranian state TV denied claims Saturday that the country had banned extending letters of credit to finance imports from the UAE.