June 5, 2012
Automobile traders expect demand for large-engine cars to drop sharply due to the recent hike in fuel price.
Jordanian auto traders are frustrated by hurdles from Egyptian authorities which have restricted car exports to Libya.
A Kuwaiti man was sentenced to 10 years in prison yesterday after he was convicted of endangering state security by insulting Prophet Mohammad.
June 4, 2012
Smart grid is an opportunity for MENA countries to incorporate their vast solar and renewable resources, manage growing demand, reduce carbon emissions and cut down on electricity system losses.
The analysts predict that by 2015, total tablet sales will have reached 301 million units, and of those, 176 million will be iPads.
Draft rules and principles were approved by a Ministerial Committee of Board Chairpersons of GCC Market Regulators at a meeting held in Riyadh.
Nearly two-thirds of UAE employees are confident of a pay rise this year – despite nearly half of those questioned in a new poll admitting they didn’t see any kind of raise last year.
May 31, 2012
The Saudi government can help the private sector to grow faster and create jobs through targeted investments, says a senior IMF official.
The price of gasoline fell by LL700 over the past week to a near-record low Wednesday, according to the Energy Ministry, while that of diesel oil fell by LL600.
May 30, 2012
Around 2500 contract workers, some of whom have spent a lifetime of service at Lebanon’s electricity company, are being threatened with mass layoffs.
Bahrain’s HRH Prime Minister Prince Khalifa bin Salman Al Khalifa is set to play a major role in spurring trade relations with Asia at the 21st World Economic Forum on East Asia.
Facebook shares slid below $29 to a new low on Tuesday as nervous investors fled the company's shares, concerned about the social network's long-term business prospects.
Demand for 95-octane gasoline has dropped by 64 per cent since the government raised the price of the product three days ago.
May 29, 2012
Abu Dhabi’s hotels and hotel apartments attracted 196,753 guests in April this year, a 7 per cent increase during the same month last year, official data revealed.
Bahrain plans to set up two factories specialised in producing urea and ammonia at an outlay of $1.5 billion, said Energy Minister Dr Abdulhussain Mirza.