Main headlines
May 1, 2013
Internet user in the UAE are being promised “reliable and robust” services as a new undersea cable is to be introduced to bring faster speeds.
Wednesday 1 May, May Day, has officially been designated as a holiday for bank and Egyptian Exchange (EGX) employees, with work set to resume on Thursday.
Egyptian President Mohamed Morsi said on Tuesday in light of Labour Day celebrations that the government will halt its privatisation policy and will not sell any more public companies.
The head of the Lebanon's National Audiovisual Media Council is urging Central Bank Governor Riad Salameh to help radio and TV stations in Lebanon obtain soft loans from commercial banks to enable these media outlets survive.
Egypt will raise toll fees by 5% for oil tankers and petrochemical products and 2% for container ships and car carriers, said the Suez Canal Authority (SCA).
Oman's government expects $10 billion foreign direct investment in Duqm economic zone in the next five years.
Egypt's Shura Council (upper house of parliament) on Tuesday approved the Islamic bonds (Sukuk) draft law, reported a television channel.
Lebanon's President Michel demanded answers on Monday to find out why the power-ship loaned from Turkey has stopped working.
Jordan's government on Tuesday decided to lower fuel prices as of Wednesday by around 5 per cent.
April 30, 2013
Saudi Arabians have been ranked the world’s biggest spenders abroad, with travelers budgeting an average of $6,666 per trip, according to a survey by Visa.
Syrian hackers are launching cyber attacks on a series western media in an apparent effort to cause disruption and spread support for President Bashar al-Assad's regime.
The price of OPEC basket of twelve crudes stood at US$100.91 dollars a barrel on Monday, up slightly from Friday's trading.
Marking Labor Day, which coincides on May 1, the Palestinian Central Bureau of Statistics (PCBS) said Tuesday that unemployment rate in Palestine in 2012 was 23%, or 256,000 people were unemployed.
Visitors from Saudi Arabia represent a small but high value and fast-growing proportion of the small Emirate of Ras Al-Khaimah's tourism sector, according to officials.
A link-up between Egypt's and Turkey's stock exchange is projected to be finalised by the end of September 2013, Mohamed Omran, the head of the Egyptian bourse said Monday.
