Recent

Fethullah Gulen, currently in the US. (AFP/File)
July 24, 2016 - 14:00 GMT
Turkey will shut down over 2,000 businesses that have links to US-based Fethullah Gulen.
Dubai is seeing exponential growth in foreigners owning property in the emirate. (AFP/File)
July 24, 2016 - 13:00 GMT
Saudis and Jordanians are the top Arab buyers in the Dubai property market.
All Dubai residents must have health insurance by the end of 2016. (Shutterstock)
July 24, 2016 - 10:00 GMT
A special annual health insurance package is available for Dubai residents, who must have some health insurance coverage by the end of the year.
The World Bank is offering a series of loans to Jordan. (AFP/File)
July 24, 2016 - 08:00 GMT
The World Bank is offering Jordan $1.4B to address health, education, and employment needs of Syrian refugees.
HSBC Switzerland is at the center of an international, multi-billion-dollar scandal. (AFP/File)
July 24, 2016 - 07:00 GMT
Yasser Mallawany, an Egyptian businessman with connections to the Mubarak family, may be the "ringleader" in a HSBC banking scandal with $3.5B USD at stake.
Government services are moving online to better understand big data. (Shutterstock)
July 24, 2016 - 06:00 GMT
Middle Eastern governments are increasingly providing online services in order to collect and learn from citizens' data.
Economic growth in the country had been subdued ever since oil prices fell from record highs two years ago. (File photo)
July 21, 2016 - 13:00 GMT
According to the government, the new law will allow foreign investors 100 percent ownership in various market sectors.
Egypt's rail authority is facing significant losses. (Shutterstock)
July 21, 2016 - 12:00 GMT
The vital railway suffers from years of negligence due to the reliance on a manual system for maintenance and the signals system.
While the value of the Turkish lira has dropped, banks remain stable. (AFP/File)
July 21, 2016 - 10:00 GMT
Turkish banks and the deputy prime minister and reassuring foreign investors that the country's economy is still stable, despite recent events.
Prime Minister Hani Mulki attends the signing of a deal between Jordan and the EU on simplifying the rules of origin. (Photo courtesy of EU mission)
July 21, 2016 - 08:02 GMT
The major provision that is expected to make a difference is that the Europeans have allowed made-in-Jordan products to include more than 70 per cent of production inputs from non-local materials.
Lebanon's Shia movement Hezbollah acts as a parallel government in parts of the country, providing a range of social services. (AFP/Rouba El Husseini)
July 21, 2016 - 07:13 GMT
Salameh said the U.S. law must be enforced to keep Lebanon's banks within the global financial system and stabilize the hugely indebted economy as neighboring Syria's civil war hits tourism and growth.
The Middle East, along with Afghanistan and Pakistan, is set to see economic growth of 3.4 per cent this year and 3.3 per cent for 2017. (AFP/File)
July 21, 2016 - 06:41 GMT
World forecast, however, revised down to 3.1% in 2016 and 3.4% in 2017.
Built 146 years ago, the Suez Canal is one of the world's most heavily used shipping lanes. (AFP/File)
July 21, 2016 - 05:00 GMT
Monthly revenues have tumbled at the start of this year in January and February before climbing up again in March by 11.8 per cent compared to the month before, reaching EGP 3.477 billion.
Salalah Air has planned to ramp up its fleet size to 22 aircraft over the next five years. (File photo)
July 20, 2016 - 13:00 GMT
Salalah Air will link the capital of Dhofar with the main destinations in Oman for locals and tourists alike.
Big family conglomerates in Saudi Arabia are also under pressure from authorities to invest more in the economy now that oil prices are low. (File photo)
July 20, 2016 - 12:00 GMT
SBG has long enjoyed a privileged position in Saudi Arabia, but the group's future will remain under pressure in the face of new economic realities.
Barclays is divesting its Africa unit as part of a plan to simplify its structure and seek higher shareholder returns. (AFP/Carl Court)
July 20, 2016 - 11:00 GMT
Banks have now been invited to submit bids to takeover Barclays banks in Egypt, with the bank's equity value estimated around $400 million.