Recent

low-income buyers have turned to purchasing singles, to save money for other necessities.
April 26, 2015 - 13:29 GMT
The Cairo and Giza Tobacco Traders Association expects a decrease in tax proceeds of EGP 2bn ($262 million) in the current fiscal year’s national budget.
Dubai trails a long way behind at a mere $43 per square foot, just above the last two cities in the table, Kuala Lumpur and Seoul (image: on file).
April 26, 2015 - 13:15 GMT
Dubai skyscrapers have emerged as among the cheapest per square foot in the world for prime office rents.
This included goods and services for Qatar such as aerospace orders, a football club acquisition, sponsorship deals and land and general exposure (image: on file).
April 26, 2015 - 10:21 GMT
The total included legitimate trade deals in the course of lobbying in the run up to the 2010 vote for the tournament.
The Iranian president noted that his administration also managed to increase the budget for the country’s development over the past two years (image: on file).
April 26, 2015 - 05:55 GMT
Iranian President Hassan Rouhani says the country’s dependence on oil revenues will drop to its lowest level ever in the current Iranian year (which began on March 21).
Officials have played down the impact of the phosphate spill in the Nile (image: on file).
April 23, 2015 - 22:24 GMT
Companies in Egypt are racing to meet the rising demand for mineral water in Upper Egypt in the wake of a barge, carrying 500 tonnes of phosphate.
The agreement, which is to involve 60% of local production, is to kick off in Sharm El-Sheikh (image: on file).
April 23, 2015 - 14:14 GMT
A Continental Free Trade agreement between 26 African countries is to be launched from Egypt in June.
The Apple Watch Edition, priced from $10,000, will be available in select retail stores only.
April 23, 2015 - 14:02 GMT
Apple’s first smartwatch will be available in the UAE on Saturday, but from the grey market, for a hefty premium.
Dubai property market needs to have more than 25,000 additional flats/villas to bring rents down (image: on file).
April 23, 2015 - 13:56 GMT
What is more likely to happen instead is that rents will generally remain stable.
On Monday, the council decided to allow the Kingdom’s universities to introduce blended learning programmes (image: on file).
April 23, 2015 - 05:55 GMT
Jordanian universities can now offer online bachelor’s programmes under a decision announced by the Higher Education Council on Tuesday.
Another Opec producer, the UAE, has also trimmed supplies to Asia as it diverts more oil for use at a new refinery (image: on file).
April 23, 2015 - 05:55 GMT
Saudi Arabia has reduced contractual crude supplies to some customers in Japan and South Korea since March by trimming the volumes of oil loaded.
Emirates Islamic’s coverage ratio improved to 97 per cent, compared to 90 per cent at December 31, 2014 (image: courtesy of trade arabia).
April 22, 2015 - 18:42 GMT
Emirates Islamic, a leading Islamic financial institutions in the UAE, has announced a net profit of Dh194 million ($52.8 million) for the first quarter of the year.