April 27, 2017
Iraqis take half of the year off, Saudi king sacks officials and the 'business of war': Week's top 10 business stories on Al Bawaba
Did you miss this week's top business stories in the Middle East? Don't worry, we got you covered.
Bahrain plans to establish 15 new hotels and beachfront resorts over the next five years.
Tunisia said tax revenues in the first quarter of 2017 increased by 15 percent year-on-year.
Iran has inaugurated a major solar plant near the central city of Isfahan.
250 Saudi women will be able to work in manufacturing jobs under a new Saudi-Japanese joint venture.
Apple’s second store in Dubai is set to open to the public at the Dubai Mall today.
Uber announced their plans for a fully-operational flying taxi service in Dubai.
Credit card misuse can cost you a lot of money under UAE laws.
A massive renewable energy program in Saudi Arabia is expected to generate thousands of jobs.
The investigation follows an anti-dumping law proposal from the UAE’s government advisory council in January.
The merger is expected to create the third biggest bank in Saudi Arabia.
Emirates is considering some radical solutions in what it called a “challenging” time for the aviation industry.
April 26, 2017
Sad day for Saudi women.
Saudi Arabia claims that its decision to restore public allowances is likely to boost the economy.
We have never seen him this angry.
The national committee in support of the striking Palestinian prisoners called for a boycott of Israeli products.
Legal experts share their views on the implications of VAT for GCC businesses.
Increased dust and humidity from poorly maintained air conditioning systems can lead to the development of many diseases.
British energy company Petrofac has secured a multimillion-dollar oil contract in Iraq.
GCC is launching a new VAT in 2018 and now is the time to ask for a pay raise.
The new Saudia app is available on App Store and Google Play.
The company will be operating four airports in Saudi Arabia.
The Egyptian minister of planning said the country will increase education spending by 10 percent in the fiscal year 2017/2018.
Saudi Arabia: Iraq border closures, Egyptian pound devaluation take a toll on Almarai's sales figures
For the first quarter of 2017, Almarai net revenue grew by 4.7% in Saudi Arabia but much less in other countries.
The ban covers certain produce from Egypt, Oman, Jordan, Lebanon and Yemen.
April 25, 2017
Growing Russian engagement in the Middle East have led many to speculate over the Russian agenda.
Algerian utility Sonelgaz has signed a $3 billion gas deal with GE Power, a unit of General Electric.
The cancellation of visas and transportation cost are prime reasons behind the delay in repatriation of the dead bodies.
Many people try to avoid using buzzwords in the workplace, and so should you.
UAE professionals have an average of 211 connections making them the most connected globally, according to LinkedIn.
Some UAE banks have slashed rates to stimulate borrowing.
A new research suggests that artificially sweetened drinks, like diet soda, may be increasing the risk of dementia and stroke.
Egypt announced it will soon launch 30 projects in the Suez Canal Economic Zone worth $20 billion.
It looks like the Maldives have a stock exchange and Ooredoo plans to get listed there.
Turkey will increase the length of visa-free stay for Russians to 90 days.
Global technology giants are in the race for a $1.6-billion power project being jointly developed by Saudi Arabia and Egypt.
April 24, 2017
The company announced it is for sale.
The recruitment agency lost its licence after it ran a competition to 'Win a maid’ in Bahrain.
Saudi Arabia posted a significantly smaller budget deficit in the first quarter than projected, according to reports.
A good strategy is to look for technologies that clearly affect the user experience.
Here are five reasons why inpatient costs in GCC are out of control, and four ways to fix it.
Here are our top tips to get your employment checks right.
A packet of McDonald’s Szechuan dipping sauce from 1998 sold in an online auction after a $14,700 bid.
News reports have indicated that the UAE took a decision to indefinitely ban the import of Jordanian vegetables.
Oman has raised its short stay tourist visa from $13 to almost $52.
Saudi Arabia announced the launch of a plan to open bank accounts for domestic workers to guarantee they get their wages.
UAE-based Mubadala has announced a $2.5 billion investment deal with a French private equity firm.
April 23, 2017
Foreign direct investment in Tunisia grew by 16.6 percent in the first quarter of 2017.
Dubai consistently ranks in top priciest cities worldwide for expats.
Pass the tissues, please.
What are the drawbacks of getting too comfortable with coworkers? There are a few.
Instagram has been busy bringing updates for the past week.
Fashion retailer Bebe said it plans to close all its stores by the end of May.
Sudan signed a $200 million loan agreement to build a new power station in the suburbs of Khartoum.
Lebanon has signed a new agreement with Russia to facilitate the entry of more Lebanese-made goods.
Jordan announced that its tourism revenues rose by 14 percent in the first quarter of 2017.
Saudi Arabia is launching its biggest gold mine ever.
Hollande has failed on so many fronts, but his inability to revive the economy must have been his biggest failure ever.
King Salman initiated wide-ranging shake-ups via royal decrees late Saturday.
Experts expect to see more GCC IPOs going forward as the global economy stabilizes.
Turkish companies want larger involvement in Qatar's mega projects ahead of the 2022 FIFA World Cup.
Foreign trade in Ras Al Khaimah grew by 11.8 per cent in 2016 compared to 2015, according to a new report.
Oil prices have stabilized after Saudi Arabia and Kuwait signaled that a deal to extend oil production curbs was in the pipeline.
April 22, 2017
In Yemen, people are not able to pay their rent, utilities and hospital bills or for groceries.
Inflation in Sudan jumped to almost 35 percent in March, its highest level since South Sudan's secession in 2011.
Bitcoin and other cryptocurrencies could be used to send funds in and out of Iran.
The average Iraqi civil servant worked only six months in 2016 with the rest of the year off.
April 20, 2017
Saudi Arabia's labor minister issued an order on Thursday to restrict employment in shopping malls to Saudi nationals.
The IMF has raised its global growth forecast for this year but also warned protectionist policies could undermine a recovery.
A Turkish-made torpedo will be unveiled at next month’s International Defense Industry Fair in Istanbul.
The UAE is among the top nations in per capita waste generation in the world.
There are quite a few ways to revamp your office space, thus making the ambiance interesting and people high-spirited.
Rents in Bahrain are in free fall this year as a result of weaker economic conditions and real estate oversupply.
A new Tunisian-Libyan Bank agency with a capital of 100 million dinars ($43.4 million) was inaugurated in Monastir in Tunisia.
April 19, 2017
The Arab Monetary Fund has released the April edition of the Arab Economic Outlook report.
Mike Tyson has announced that he has chosen Dubai for the official announcement of his new business venture.
When applying for jobs in an ever-competitive professional world, setting yourself apart from other job seekers can be a hard thing to achieve.
Prices are expected to decline even further in 2017.
There are ways you can make your regular TV just as great as the latest smart TVs out there.
The experts have some pointers to get businesses in the GCC ready for VAT.
The Khalifa bin Zayed Al Nahyan Foundation said it has completed the largest concrete dam construction project in Somalia.
Saudi Arabia has announced it will launch over 30 solar and wind projects as part of a plan to cut its dependence on oil.
April 18, 2017
Iran has vowed to match Qatar in terms of overall energy production.
Saudi Oger has sold a 2.8 percent stake in Saudi Investment Bank to an unidentified buyer.
Egypt will soon start to import one million barrels of Iraqi oil a month.
Algeria's electoral politics have been rocked by corruption and scandalous revelations.
A Saudi campaign targeting residency and labor violators has facilitated the departure of more that 5.5 million illegal expats since 2013.
Abu Dhabi-based newspaper The National has cut several jobs as part of a restructuring.
Tunisia has announced agreements for the creation of 93 projects in the field of green economy and sustainable development.
The MENA region will need to invest $302 billion in the next five years to feed the rapidly rising demand for electricity.
Sunday's referendum win will usher in the introduction of a presidential system. But what will that mean for the economy?
Egypt car sales dropped 40 percent in the first half of 2017 as a result of the recession.
Gaza said it would increase tariffs on certain goods imported from Israel in an effort to support local production.
UAE residents can now obtain their credit scores by visiting the Credit Bureau’s centers in Abu Dhabi and Dubai.
Qatar has announced it has made some changes on work visa rules for expats.
Women represent over 80 percent of job seekers in Saudi Arabia, according to a report, but they still can't find jobs.
Even if gold, silver, and platinum investments remain tax exempt, the introduction of VAT will still impact the commodities markets.
The UAE has increased the number of Tesla charging locations to 25.
Abu Dhabi-based developer Aldar Properties has announced the launch of an affordable residential project on Reem Island.
April 17, 2017
Egypt said the number of tourists during the first quarter of 2017 was 10-15 percent higher than the targeted rate.