Main headlines

March 21, 2013

Dubai's electricity and water authority are not planning any more Islamic bond sales
07:58 GMT

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.

MPs and Minister speak during the Lower House session (Jordan Times)
07:49 GMT

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.
03:18 GMT

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's Paris flat has been raided by police.
12:57 GMT

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.

Amman view
10:57 GMT

The government has promised to black-list companies that persistently breach labour regulations.

The Libyan economy is too depending on oil, according to the IMF
09:17 GMT

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 HQ (Gulf News)
07:43 GMT

National Bank of Abu Dhabi ranked 50 out of the top 500 banks by size.

Lebanon's Labor Minister announced a new plan on Tuesday to crackdown on child labour in the country.
07:37 GMT

Lebanon's Labor Minister, Salim Jreissati, announced a new plan on Tuesday to crackdown on child labour in the country.

Libyan PM Ali Zidan
07:20 GMT

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.
07:13 GMT

Arab countries can expect an average growth of 3.5 per cent this year, according to a banking chief.

Nuclear power plant in Iran
07:07 GMT

Bank Mellat is appealing to the Supreme Court against sanctions imposed over nuclear links.

New pay increases for public sector workers in Lebanon will be funded by tax hikes an increase in VAT
06:33 GMT

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.

Bakers are protesting in Egypt over planned subsidy changes (File photo)
03:46 GMT

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

Bahrain
13:49 GMT

Sabah Khalil will remain on the bank's board.

Riyadh at night
13:23 GMT

Urban hubs Jeddah and Riyadh have seen rental rates balloon.