Main headlines

March 13, 2014

2013 brought an improved financial outlook for the country's economy
07:04 GMT

An increased budget deficit plus a rising inflation rate are key challenges facing Bahrain

The 180 million soft loan deal will be signed in Brussels on Tuesday (File Archive/Shutterstock)
05:00 GMT

Jordanian officials met with EU counterparts Wednesday to discuss a 180 million euro deal.

March 12, 2014

The new book serves to also counteract mainstream media's classification of Arab women as either "affluent and indulging" or "battered, weak and oppressed" (Shutterstock)
15:00 GMT

"Arab Women Rising" is a new publication that captures the stories of 35 women entrepreneurs from the Middle East that are transforming the business sector and their communities simultaneously.

The high-ranking officials of the country (Germany) has called for Iran's partnership in the expo in coming years
13:55 GMT

Head of Berlin fairs has called for Iran's partnership in Berlin's International Tourism Bourse (ITB) fair in coming years

DHL acquired three new MAN long-haul units as part of its efforts to expand its Middle East operations (Shutterstock)
13:00 GMT

DHL Express is boosting its service capacity in the Middle East.

Gulf Hotels Group plans to build a five-star "Gulf Hotel Business Bay" that will open by mid-2017 (Shutterstock)
11:00 GMT

Bahrain's Gulf Hotels Group is investing $132 million to develop a five-star Gulf Hotel Business Bay on Dubai's shores

The new law will provide new incentives and specialised training programmes to encourage more Emiratis to work in the country's booming tourism sector (File Archive)
11:00 GMT

Members of UAE's Federal National Council are in process of drafting a law that will encourage, train and organise Emiratis to become tour guides with incentives and specialised training programmes.

The final designs of the three railway stations would be ready later this month
07:16 GMT

Three stations will be constructed at the Jeddah Islamic Seaport enabling the Saudi Landbridge train project to cover all of the companies operating in the port.

Transportation exports from the U.S., mainly in terms of Boeing-UAE airline deals, are behind the spike in bilateral trade between the U.S. and the UAE in 2013 (File Archive)
06:30 GMT

U.S. exports to the UAE reached $26.9 billion in 2013 as a result of increased trade in the transportation sector.

Energy development in Oman is one of the key areas that the EPC contracts over the next five years will target (Courtesy of Arabian Oil and Gas)
05:00 GMT

Over the next five years, Oman will award engineering, procurement and construction (EPC) contracts worth $65 billion.

March 11, 2014

Saudi Arabia banned the sale of energy drinks at government, educational and health facilities last week (Shutterstock)
14:00 GMT

Saudis spend nearly $1.6 billion a year on energy drinks. With the recent announcement of a ban on the industry, questions may be asked as to how limiting this billion-dollar consumption habit may affect KSA's economy.

Insurance companies in Egypt had to pay 45.5 percent more in claims in 2012-13 than the year prior due to the uprising in the country (File Archive/AFP)
12:27 GMT

One of the world's leading property and insurance companies AIG is set to expand in Egypt.

The UAE has pledged significant sums of money to help rebuild Egypt and support it on its path to truly representative government
10:55 GMT

The announcement of a $40 billion (AED150bn) deal to build low-cost housing in Egypt is good news for that country and for the UAE, commented a local daily.

The joint EZW-Dubai Customs smart retail hub matajircom was launched Monday in Dubai (Courtesy of Trade and Export Middle East)
10:00 GMT

Dubai has launched the world's first purpose-built smart retail hub "matajircom" Monday in conjunction with Economic Zones World and Dubai Customs.

Jordan wants to establish a nuclear reactor to cut down its dependency of foreign energy imports that currently account for 96 percent of the country's energy stock (File Archive/Shutterstock)
08:00 GMT

Jordan's Atomic Energy Commission is planning to sign two agreements with Russia's Rosatom to establish the country's first nuclear reactor.