March 26, 2017
Analysts expect that global markets will continue in their fluctuating performance with a tendency to decline, after the British parliament attack.
A study said the demand for real estate in Lebanon showed some improvement in 2016 compared to 2015.
New restrictions on the import of Brazilian meat will have major impact on the UAE food industry.
This new patent feature by Apple for the Apple Watch is guaranteed to reduce distracted driving!
Why is so much money being spent on car number plates by businessmen in the UAE?
Here’s what you can do to deal with the distractions of a busy office.
Oman will soon have a multimillion-dollar integrated tourism complex along the eastern coast of Quriyat.
Amman ranked most expensive Arab city to live in, according to the Worldwide Cost of Living Report 2017.
The introduction of a 5 percent value-added tax (VAT) in GCC countries will have a marginal effect on inflation, according to a new report.
Dubai's Emaar Malls made a bid for online retailer Souq.com seeking to challenge an existing offer from Amazon.
Nearly 70 percent of expats in the GCC do not have any form of pension or guaranteed savings.
Qatar Foundation, the state-owned non-profit, will soon lay off around 800 staff, according to reports.
Non-Saudi drivers working for app-based ride-sharing services will be penalized as part of moves to saudize the Kingdom’s transportation sector.
The shareholders of Waha Capital approved a 20 percent cash dividend for eligible shares at its annual general meeting, held on Wednesday.
On the occasion of “Earth Hour”, Qatar released data related to its domestic and industrial consumption of electricity.
Any destination you reach is bound to teach you a thing or two about life.
March 23, 2017
Qatar over the years has not only become a tourist destination but also a shopping haven.
Oman has several advantages in attracting investment in Sharia-compliant industries, including halal food.
Saudi Arabia has halted chicken and beef imports from four Brazilian companies for safety measures.
Instagram is reportedly looking to do more for advertisers.
Your house rent in Dubai doesn't have to be the straw that breaks the camel's back.
The UAE government this week introduced new amendments to federal traffic laws, in a bid to make the country's roads safer.
University of Dammam has appointed its first female dean since its opening in 1975.
Saudi Aramco is seeking to issue $2 billion worth debut Islamic bond sale, the first step of a plan to tap markets for an estimated $10 billion.
While airlines are still trying to assess the extent of financial hit from the gadget ban on US and UK flights, experts are already estimating big losses.
Chinese 3D printed housing company WinSun said it has reached an agreement with Saudi Arabia to lease 100 3D printers.
Jordan said it will not halt imports following allegations that Brazilian meat exporters have been selling rotten meat with falsified certificates.
Dubai has reported a 12 percent year-on-year increase in visitors in January and February with over 3 million tourists recorded.
Kuwait and Turkey on Tuesday signed a vast array of agreements to boost bilateral cooperation.
The UAE announced that it would make a financial contribution of $15 million for the protection of heritage sites in conflict areas.
Emirati job seekers will be able to tap into new employment initiatives at the 17th edition of Careers UAE next month.
March 22, 2017
Beirut has been ranked among the world’s best cities to eat in.
Egypt to raise its visa entry fees starting from July.
Whether it’s keeping track of your expenses or getting reminders about your bills, there are apps for that.
How you handle a career crisis and its aftermath could set you back on track - or further complicate matters.
The Haramain train will start operation in 2018, local daily Al-Madina reported on Tuesday.
Of the total funding requirement for aid to refugees this year, 3 percent was received until mid March, according to UNHCR.
Apple has announced a brand new iPhone 7 and iPhone 7 Plus model and the company is calling it the iPhone 7 Special Edition (PRODUCT)RED.
Amazon will resume takeover talks for Souq.com, after discussions stalled in January due to a disagreement over the price.
The second phase of BP’s Block 61 gas project in Oman is expected to deliver 0.5bn cubic feet of gas per day by 2020.
The Gaza Strip faces a serious water shortage, warns a top Gaza official.
The Saudi Ministry of Labor said the Nitaqat program aims to provide job opportunities for Saudi nationals and reduce the unemployment rate to 9 percent.
AP reported that Canada and France could soon follow suit with US ban on laptops and other large electronic devices.
Passengers on flights to the UK from the Middle East and North Africa face a ban on laptops and iPads, amid fears over new terrorist tactics.
March 21, 2017
The recent trip to Dubai by US President Donald Trump’s sons have cost taxpayers quite a sum of money, according to reports.
The inflation rate in Egypt, one of the country's main problems since last year’s flotation of the pound, hit its highest level in 30 years in February.
Despite a 33% increase in tourist entries in 2017, the number of French tourists visiting Tunisia is not yet satisfactory, says the Tunisian National Tourist Board.
Microsoft co-founder Bill Gates is at the top of Forbes magazine's annual list of the world’s billionaires that was released Monday.
Despite low oil prices and modest growth levels in 2016, S&P believes that the GCC health sector will still offer insurers opportunities.
The world’s rarest of all diamonds that went on display in Dubai last week will be auctioned in Hong Kong next month.
Oman’s annual inflation rose to 2.38 percent year-on-year, with prices of tobacco products jumping by 23.23 percent in February.
In her article titled "What are the attributes of a racehorse?", Princess Haya says that racehorses represent an excellent return on investment.
Standard Chartered Bank has appointed Abdulla Bukhowa as its new CEO in Qatar, the first Arab and GCC national to assume this position.
Do you live in the UAE? What specifically should you expect during the year ahead? Here's an analysis of the economy and job conditions in the UAE.
Sheikh Mohammed bin Rashid inaugurated the phase 2 of the Mohammed bin Rashid Al Maktoum Solar Part at Seih Al Dahal in Dubai.
Israel claims that three of Lebanon's blocks being offered for exploration are within Israel's marine border, and has called on the US and the UN for intervention.
Saudi Arabia is reportedly studying procedures to impose two types of tax for foreigners with self employed status.
The GCC's high net-worth individuals (HNWI) have a positive outlook for the global economy over the next 3-5 years, but oil prices and instability remain a concern.
Two shipments of gasoline from Aramco will arrive on March 25 or 26, after two other shipments of diesel oil arrived over the past two days at the seaports of Suez and Ain Al-Sokhna.
Passengers from 13 countries will need to check in devices such as Kindles, iPads, laptops and cameras larger than mobile phones under a new TSA requirement leaked by RJ and Saudia.
Pro surfer Kai Lenny took to the waves to test the water-resistance claims of the iPhone and iPhone 7 Plus.
The World Bank has granted Egypt with the second billion of a $3B loan to support its economic reform program.
March 20, 2017
Egypt tops the list of the fastest-growing mortgage markets in the world in 2017.
It’s only a matter of time before traditional paintings hung on walls are replaced by digital screens, and Samsung is already there.
If you’re one of the many people looking for an accounting job in the UAE, fear not, we have the right steps for you.
Interest rates in Lebanon will not rise for the time being unless rates in the U.S. soars to 2.5 percent, a Central Bank source said.
The W Dubai Hotel in Al Habtoor City has launched 72 suites with prices for the largest starting from Dhs35,000 ($9,529) per night.
Kuwait scored big with international investors this week with an estimated four-time over-subscription of its first international bond issue.
Consumer aviation website Skytrax has just released its World Airport Awards 2017 and Qatar's Hamad International Airport is on the list.
Saudi Arabia's new remote employment program is the latest effort to increase women's participation in the workforce.
The challenge of managing water utilities in “fragile environments” in the Arab region is the focus of the fourth Arab Water Week, taking place at the Dead Sea in Jordan.
Bank Audi, one of the oldest banking institutions in Egypt and Lebanon, eyes expansion in Lebanon, Egypt, and Turkey with Bank Audi Egypt looking to double its share in the Bank Audi Group.
Ways to save on fuel, because every bit counts.
Thousands of Lebanese citizens have been marching the streets of Beirut in protest against plans for tax increases that they say would impact on the least well-off.
Oracle will invest in the IT sector in support of Saudi's plans to diversify the economy and create new job opportunities for youths.
March 19, 2017
Al Tayer believes that despite dwindling popularity in the US, the trend for large department stores is all the rage in the Gulf.
Saudi Arabia and China have agreed to increase their cooperation in the oil sector, including in Saudi oil exports to China.
A UAE prosecutor has urged the public, and especially women, to be extra vigilant while using social media networks.
Algeria's national hydrocarbon group Sonatrach laid the foundation stone of a new solar plant project in Bir Rebaa, Ouargla (800 km southeast of Algiers).
Jordan's first water desalination plant opened in Aqaba on Saturday.
A Saudi woman sets a milestone by becoming the country's first female tourist guide.
If the US Federal Reserve increases rates two more times this year, as is widely expected, consumer's borrowing cost will go up by one per cent.
Many merchants in Lebanon rushed to increase the prices of certain commodities even before the implementation of proposed taxes by the government.
increased fees for health services and the denial of access to certain procedures like magnetic resonance image scanning and endoscopies, would be more immediate.
The CMA MoU will strengthen cooperation in the implementation of laws relating to the issuance of securities and other investment instruments, supervision of stock markets, and setting professional standards.
After trailing for five years, Islamic banks have become more profitable than their conventional counterparts in 2016 according to a report by Moody’s Investors Service.
Get more out of your workday with the help of your smartphone.
Kuwait is set to award a total of 13 maintenance contracts worth $164m.
March 16, 2017
The Lebanese Parliament has resumed salary scale discussions, with lawmakers expected to endorse the new salary hike for civil servants and public and private teachers.
Alongside a VAT of 5 percent from 2018, the UAE will be introducing taxes on items deemed to be harmful to health such as tobacco, energy drinks and soft drinks.
Saudi Arabia’s King Salman oversaw the signing of deals worth potentially $65bn as he began a visit to Beijing on Thursday.
Greenfield activities continue to dominate power and utility transactions in the region, attracting $8.7 billion of investment last year.
An Indian man accused of defaming a jewelry group in Dubai on social media has been slapped a fine of $68,000 (Dh250,000) and deportation.
Saudi's Ministry of Education had issued new rules requiring private schools to move to buildings more suitable for education within two academic years, threatening the closure of many schools.
Saudi Arabia's Ministry of Labor said it plans to professionalize the main occupations in the non-profit sector and add 60,000 job opportunities.
IATA's chief Alexandre de Juniac, said the Association was “heavily concerned” about protectionist rhetoric gaining momentum across the world as it would hurt the aviation sector.
Arab banks are expected to drop in liquidity due to the expected decline in deposit growth and a regression in asset quality, according to the president of the World Union of Arab Bankers.
Deputy Crown Prince Muhammad Bin Salman has met with the US President and announced the development of a new Saudi-US investment program.
According to a new report, Saudi banks are more profitable than most of their GCC peers.
Both people in a relationship should understand how their financial habits impact — positively or negatively—the life they are building together.