May 5, 2016
Attendance is up 60 percent over last year, with a strong presence of European participants at the 21st International Oil, Gas, Refining and Petrochemical Exhibition of Iran.
Egypt's foreign reserves increased by $449M but is still at less than half of the amount of pre-2011 levels.
UNRWA has requested $80M to help cover the education of 500,000 Palestinian children in the upcoming school year.
Web designer Alex Idicula of Emaar Technologies shares his thoughts on how to be successful in his field.
Twitter feeds from MENA have declined, but direct messaging apps are gaining in prominence, according to a new report on consumption patterns in the Middle East.
Dubai's Mohammed bin Rashid Stadium will will be built at a cost of Dh3 billion and house 60,000 spectators.
Saudi's oil minister is in Khartoum to discuss cooperation on the Atlantis II project, which hopes to exploit the zinc, copper, silver and gold in the Red Sea area.
The rights issue is part of Dubai Parks and Resorts' plan to raise $457M primarily to finance its sixth theme park, Six Flags Dubai.
With 90 percent of leases deemed to be illegal, the new Ejar system is expected regularize tenancy agreements in the Kingdom.
The telecoms company has announced 50 job cuts and the end of some perks, amounting to a 20 percent pay cut.
Regular payments by the KRG to Norwegian company DNO will allow further drilling and increased exports from Tawke oil field in Northern Iraq.
May 4, 2016
The IDF’s former Southern Command chief has proposed the establishment of a Palestinian-run docking point at Ashdod, for goods bound for the Gaza Strip.
Tourism to Lebanon saw a minor boost over Easter but tourism is unlikely to recover without more promotion and political stability, experts warn.
With debts of up to nearly SR30 million and the ongoing protests over unpaid dues an unwelcome spotlight, what are the options for the construction behemoth?
Impactt Ltd has been hired in response to allegations that Qatar has not done enough to protect the rights of workers involved in construction of FIFA 2022 infrastructure.
A new app featuring Dwayne (The Rock) Johnson is that extra motivational jolt that you need to get up in the morning.
Iran has halted some seven million dollars in orders of US-made cars into the country.
Part two of how to better understand what drives Generation Y in the Middle East.
The new venture between Saudi Aramco, Princess Nourah University and Indian IT major Wipro will be the first-of-its kind IT hub serving multi-sectors.
Inspections will be increased and fines imposed for offences such as hiring ghost Bahraini workers in order to boost their expat employee numbers.
The new benchmarks include regulations covering safety, insurance, marketing, transport, logistics and environmentally sustainable practices.
Demographics, explosive demand for the international curriculum and lack of interest from local teachers are the main reasons behind the region's teacher shortage.
After opening the Tadawul to foreign investment last year, Saudi's new reforms include amending its settlement cycle for share trading and new limits for foreign ownership.
May 3, 2016
Sheikh Maktoum inaugurated the centre at Dubai Industrial City, which will host more than 700 local and international companies working with 3D printing technology.
Make the most out of your meeting with a financial advisor by thinking about your needs and wants ahead of time.
If you want to get the most out of your youngest employees, it helps to understand their needs and wants.
In a rare move for the state-owned daily, Egypt's oldest newspaper lashed out at the interior ministry's storming of the Press Syndicate headquarters and arrest of two journalists.
The embattled construction giant owes SR4.8 billion to employees for 2017 and an additional SR595 million payable in 2018.
Oman's new 20 year tourism strategy will cost $35B and is focused on 'quality vs quantity' rather than overdevelopment for mass tourism.
Some 50 million people in MENA paid bribes last year, according to a report from the anti-corruption watchdog, Transparency International.
The hackers claiming responsibility for the Qatar National Bank data breach have Turkish connections and are known as Bozkurtlar, but have not yet claimed a motive or made demands.
Two new causeways linking Saudi Arabia to Bahrain and Qatar have been proposed at a sustainable development conference in Doha.
Suspension of lucrative contracts after last year's deadly crane collapse has reportedly lead to up to 77,000 layoffs and unpaid salaries for workers in Mecca and Jeddah.
The retail giant's investments in Oman include the Mall of Oman mega retail complex, City Centre Sohar, My City Centre Sur and other retail projects.
A tax on undeveloped properties has already lead to a 25 percent drop in prices, as owners rush to sell off investments.
May 2, 2016
Apple's new framework is aimed at making people more proactive and empowered to track their own medical conditions.
With the cost of schooling for some amounting to more than their annual rent, some forward thinking and saving is recommended.
The Dh20 billion development will target middle income groups and include a shopping mall, schools, theatres and a 70 acre park.
A new survey suggests that UAE employers need to work harder on engagement principles and practices in order to reverse the trend of high turnover among Emirati employees.
The 1.5GB data leak of QNB customers data was fundamentally an attack on the bank's reputation, rather than on its customers, according to a QNB statement.
A daily volume of 50 million cubic meters of Iranian gas will be piped to Basra’s power plant for electricity generation, following a visit to Tehran by Iraqi officials.
Instead of frittering precious hours away on social media, use your smartphone to be more productive.
Under Saudi Arabia's sweeping reform plan, the new housing package is part of the goal to increase the rate of home ownership among Saudis by five percent by 2020.
The new agreement between will allow companies to be listed in both the Egyptian Exchange and Bahrain Bourse.
Israel Opportunity Energy Resources will begin drilling at the 94 square kilometer site in the Dead Sea area from November 2017.
The game, which allows users to launch Iranian missiles against Haifa, is the latest update in the tit-for-tat virtual war games between Iran and Israel.
May 1, 2016
The EGP100 million fund would go towards supporting workers in ailing sectors such as tourism.
The deal for Umm Al Houl combined cycle power plant is the second major power generation services order from Qatar in past six months, it stated.
Despite tax increases on utilities, tobacco and alcohol, more efforts are needed to cut Bahrain's fiscal deficit, which is projected to reach 19.5 percent of GDP in 2016.
Under the first multinational, multi-year airline sponsorship supporting the fashion industry, Etihad Airways becomes the official airline of fashion week events in New York, London, Milan, Berlin, Sydney and Mumbai.
The World Food Programme has been using the e-Food cards in Turkey for three years, where over 2.7 million Syrian refugees are sheltered in 26 refugee camps.
Financing for the construction of a strategic oil reserve 70km from Duqm requires global financing, according to Oman's oil minister.
If career change is unlikely, find ways to change your mindset or an outlet for your job frustrations.
Daily sit-in protests have become the norm as Binladin workers given the option to take urgent exit visas or wait for payment of arrears, some of which date back six months.
April 28, 2016
Leaked documents allegedly include photos, bank details and contact details of customers including members of the Al-Thani family, Al Jazeera journalists and government officials.
If the next generation could learn from your financial mistakes, what would you tell them?
University of California researchers have found that the navigation and traffic monitoring app can be hacked to track users movements in real time and create fake traffic jams.
Kuwait continues to put the pressure on expats, who account for 70 percent of the population.
The Jordanian capital's place at the top of a report by the Economist Intelligent Unit is dividing opinion.
A combination of pressures including low oil prices will drive property prices down by ten percent and dampen expansion plans according to Standard and Poor's.
FTI, Germany's fourth-largest tour operator, accused the tourism minister of refusing to listen to the requests of trip organizers.
Sheikh Maktoum has announced Dubai's new strategy to promote 3D printing technology in construction, medical products and consumer products.
With online interviews becoming increasingly common, be aware of the extra preparation needed beforehand.
In addition to an IPO, the energy giant plans joint ventures, a focus on local recruitment, a sukuk issue and new management structure.
Qatar's $12.7B budget deficit may delay the sale of a major Lockheed Martin THAAD missile system deal.
April 27, 2016
In the wake of the Bangladesh Bank heist, the global financial transfer network revealed that it has been the victim of several cyberhacks.
In cooperation with Emaar, Harrods is showcasing the best of Dubai in its second-floor windows in London.
From a purely financial standpoint, a sick employee will cost you in more ways than one, so it's worth investing in their wellness.
Interactive Middle East Company has ranked 22 countries according to broadband speed.
Bahrain's Tourism and Exhibitions Authority has launched the 'Ours.Yours.' campaign to stimulate investment and attract tourists.
In an effort to trim budgets, Oman's Finance Ministry is tackling the large discrepancy in bonuses and benefits being paid to public sector workers.
An account held by BDS with the Credit Mutuel bank in France appears to violate French law, while branches in New York are awaiting the outcome of anti-BDS proposals.
A World Bank economist predicts a rise in oil prices, unless OPEC significantly increases production.
The new terms for the IMF's $700M-$800M Extended Fund Facility are expected to include more fiscal reforms and structural adjustments.
In December Qatar Airways refused to take delivery of Airbus’ new A320s due to technical problems which have not yet been resolved.
Bahrain's King Hamad bin Isa Al Khalifa is on a two-day official visit to boost bilateral relations and investments.
Dubai's Address Downtown hotel will not open this year due to renovations following the New Year's Eve fire.
April 26, 2016
Abrar Ahmed, founder of Hamariweb.com, Pakistan's largest web portal, shares tips on how he attracts top talent to his startups.
What you need to know about Saudi Arabia's plan for economic transformation.
Huawei's P9 and P9 Plus models take smartphone photography to the next level with help from Leica.
The new targeted completion date for the 2,117km railway, estimated at a cost of $15.4B, is 2018.
The IMF's MENA director praised Saudi Arabia for its Vision 2030 plan, but warns that other countries must do more to offset the impact of cheap oil.
Dubai's Crown Prince inaugurated Dubai's first driverless vehicle which is being developed to play a part in Dubai's smart city plans.
Talks to partner with Saudi Arabian carrier Al Maha have been hit by repeated delays, while Qatar Airways warns that investment in the beleaguered Italian airline will not come without job cuts.
Insufficient local expertise and less-than-suitable workplaces for women may lead to the loss of telecoms businesses as they struggle to meet Saudization regulations.
Israel's energy ministry is investigating a Dutch consultancy's claim that the Leviathan gas reservoir contains almost a quarter less than previously estimated.
The Canadian aviation company have only confirmed that 'exploratory discussions' in Iran are underway.
The government is also battling the effects of pound devaluation by selling commodities at designated locations at 50 percent lower than market value.
With production cut by up to 60 percent, the three-day strike over proposed austerity cuts lead to losses between $175M and $200M.
April 25, 2016
King Salman announced that the much-anticipated transformation plan to move the country away from oil dependency has been approved.
Emirates' plans for expansion in Latin America are being scuppered by its failure to procure strategic code-share agreements, but the airline remains hopeful.
The move is part of 'The Kingdom is Muslims’ Destination' tourism initiative and is also available to business visa holders and GCC citizens.
The new app uses facial recognition to alert the user when they are too close to the screen, helping to prevent eyestrain and myopia.
When it comes to protecting your data online, sweat the small stuff.
If you're looking to move up the corporate ladder, be prepared for tougher questions during the interview process.
The mixed-use, $2.2B Cairo Festival City project enters its second phase of development with plans for more homes and administrative buildings.
Some of the Middle East's best apps for training the brain!
The prospect of Gazprom joining the Leviathan partnership, rebuffed in 2013, was raised during Netanyahu's meeting with Vladimir Putin in Russia last week.
Credit rating agencies have put Bahrain under pressure to reduce spending or risk junk bond status.
A German consortium has plans for a solar power project with the capacity to generate one gigawatt, subject to approval by the Omani government.