Featured Articles

June 23, 2013

It occupied the 24th place globally in the field of competitiveness
06:00 GMT
The UAE has attained the economic boom and welfare for its citizens, and notably consolidated its position as main player in the world economic map despite the current global crisis and financial crunch.
Five Omani Riyals
06:00 GMT
Increasing the role of the private sector in the national economy and stimulating domestic and foreign private investments is the key to achieving economic diversification and increase in employment opportunities.
The number of registered contractors in the EFCBC has plunged to an unprecedented 9,400, compared to 41,000 that were previously registered
06:00 GMT
Since the 2011 uprisings, economic fluctuations have hit Egypt’s construction sector, crushed beneath a monopoly-driven hike in prices of building materials, drop in the Egyptian pound’s value and rise in energy prices.

June 20, 2013

Workers staging demonstrations in Saudi Arabia
11:00 GMT
Saudi Arabia's years of economic growth have been good to Abu Ahmad, an Egyptian ceramics worker in the city of Medina, who since 1997 has run his own business installing tiles and marble floors in new villas.
the first three quarters of the fiscal year saw tourism revenue rise to $8.08 billion
10:01 GMT
Egypt's current account deficit narrowed in July-March, supported by stronger tourism revenues and a shrinking trade deficit, data showed on Wednesday.
Qatar Development Bank
09:58 GMT
TASDEER supported 12 Qatari plastic export companies, who showcased their products and services to over 2,800 delegates and 150 exhibitors
The FDI was 28.5 percent lower than the figure of $ 66.2 billion in 2010.
06:00 GMT
Saudi Arabia topped the list as foreign direct investment (FDI) into Arab states rose by 9.8 percent last year.

June 19, 2013

The report notes that demographic structure of GCC countries is tilted toward young population, making education imperative.
11:59 GMT
Kuwait Financial Centre (Markaz) recently published the executive summary of its report on GCC education sector.
July is expected to have the lowest occupancy rate as it coincides with Ramadan
11:45 GMT
Hotels in Dubai have reduced room rates between 25 and 30 per cent to attract visitors during the slow summer season, according to industry experts.
The survey covered 13 dairy farms
11:37 GMT
Abu Dhabi’s rising livestock and dairy industry, which is part of the agriculture sector has shown substantial business activity in the last year showing the strides made and in the sector which has huge potential to achieve food security.
Barclays
11:24 GMT
A majority of high net worth individuals (HNWIs) in the Middle East believe wealth creation is faster today than in the past, more than any other region globally, according to the latest report by of Barclays Wealth Insights.
Citibank
11:20 GMT
CEO of Citi - Middle East division spoke to LSE graduates about Dubai's increasing "global attractiveness to investors, corporations and talent."
More than half (55 per cent) of respondents said they invested locally rather than internationally
06:19 GMT
While other markets are busy finding ways to stem capital flight, there is a growing trend of Middle Eastern investors keeping their money at home and taking control of their assets.
Emirates Airlines
06:00 GMT
Emirates Airlines was awarded the highly coveted ‘World’s Best Airline’ award, presented by Skytrax at the 2013 World Airline Awards yesterday.
The exchange is preparing for more enhancements and new packages to transform further DFM services online
06:00 GMT
Share trading activity on smartphones is steadily growing and gaining popularity among investors at Dubai Financial Market.