March 21, 2013
Dubai Electricity and Water Authority (DEWA) is not expecting to issue more Islamic bonds before 2015 if electricity demand growth in the emirate remains steady, its chief executive said on Wednesday.
A number of MPs have threatened to rebel against the proposal the last time it was floated.
Egypt's Cabinet on Wednesday unveiled the main features of its social and economic development plan for the fiscal year 2013/14.
March 20, 2013
Christine Lagarde has been the subject of investigation over her role in a multi-million dollar payout when she served as France's Finance minister.
The government has promised to black-list companies that persistently breach labour regulations.
The Libyan post-war economy remains too highly dependent on earnings from oil, an analysis from the International Monetary Fund said.
National Bank of Abu Dhabi ranked 50 out of the top 500 banks by size.
Lebanon's Labor Minister, Salim Jreissati, announced a new plan on Tuesday to crackdown on child labour in the country.
The green light came after heated discussions in Tripoli.
Arab countries can expect an average growth of 3.5 per cent this year, according to a banking chief.
Bank Mellat is appealing to the Supreme Court against sanctions imposed over nuclear links.
Lebanon's long-awaited new salary scale draft law will be tied to an increase in working hours of civil servants and a tax hike on luxury goods, according to the country's State Minister.
Hundreds of bakers blocked the entrance to the Egyptian supply ministry on Tuesday to protest a government scheme to reduce flour subsidies as the it also announces new rationing plans.
March 19, 2013
Sabah Khalil will remain on the bank's board.
Urban hubs Jeddah and Riyadh have seen rental rates balloon.