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March 23, 2015

 In some stock markets such as Qatar, Islamic investors with few options to choose from can reward sharia-compliant firms by piling into their shares.
20:40 GMT
Across the Gulf, companies that have traditionally used conventional finance are considering whether to "go Islamic",
Dubai wants to keep adding more hotel rooms until 2020.
14:52 GMT
The popular attractions in Dubai are still attracting hundreds of visitors each month, but there aren’t as much tourists checking into hotel rooms.
As competition intensifies, healthcare providers are battling to retain and even attract medical professionals needed to keep pace with their growth. (Shutterstock)
14:37 GMT
With a number of hospitals and clinics starting up in the GCC, the war for medical talent has begun.

March 22, 2015

The Bank of Israel also recently implemented measures to prevent “black money” from lying in Israeli bank accounts and causing legal and reputational risks for the Israeli banks
17:37 GMT
In Britain, the mix of politics, the upcoming elections, the budget deficit and public pressure has provoked a whirlwind of controversy around the issue of tax avoidance and tax evasion
Sohar Port is located on the fringes of a regional market flooded with container ports.
16:57 GMT
If all goes to plan, Oman will transform into a major industrial and logistics centre with much of the country’s imports and exports passing through Sohar.
He added the Ministry of Labor would not take any international decisions without the recommendations of the Cabinet of Ministers.
11:38 GMT
The private sector of Saudi Arabia and the Gulf countries signed an alliance to tackle the problems faced in the recruitment of housemaids.
 But to make this success a turning point, it must be followed by a broader, more transparent, and more detailed discussion of the coming phase.
04:55 GMT
This success places a heavy responsibility on the government, and all of Egypt, to turn the programs, agreements, and pledges made during the conference into facts on the ground.

March 19, 2015

Dubai’s index dropped 3.6 percent to a 10-week low of 3,408 points. All major stocks fell sharply and only a handful of small-caps closed higher.
12:11 GMT
Gulf stock markets fell in panic sell-offs Wednesday after U.S.crude futures dropped to a fresh six-year low and Brent oil also retreated.
The IMF has long urged GCC countries to introduce VAT. The
10:21 GMT
Given the recent negative oil price shock, GCC governments need to chalk out a plan to enhance their revenue base.

March 18, 2015

U.S. crude oil futures fell about 60 percent from a high over $107 a barrel in June to a six-year low under $43 Tuesday.
21:53 GMT
U.S. natural gas production could decline in 2016 for the first time in 10 years, driven by low oil prices after a decade of gangbusters growth from shale plays.
 Saudi Arabia’s Alwaleed Bin Talal Alsaud is the Middle East’s richest real estate tycoon, according to the 2015 Forbes Billionaires List.
14:32 GMT
Following the announcement of Forbes Billionaires List for 2015, Global property platform Lamudi takes a look at some of the top real estate tycoons in the Middle East region.
The trip can be followed on the Solar Impulse website with live video and updates.
10:01 GMT
On March 9, 2015, a plane took off from Abu Dhabi early in the morning and landed in Muscat, Oman, early in the evening.

March 17, 2015

As many as 569,128 unskilled labourers work for 3,039 companies in Dubai, according to statistics issued by the PCLA.
16:15 GMT
Smart devices will be used during inspection of workers’ accommodation which will give precise information about the number of workers housed in a particular facility.
How to win private investment confidence is rather a more ticklish problem.
11:10 GMT
In order to make such infrastructure investment really take-off then the state needs to act as a seed financer only and secure the support of private investors to multiply that investment many times.

March 16, 2015

One of the biggest buffers that the Gulf nations have from food insecurity is their oil revenue, according to some experts.
19:09 GMT
Food security has long been a burning issue in the GCC given the region’s over-dependence on food imports.