Featured Articles

December 31, 2012

Islamists believe that media can change reality and that is why they want to fight the media
11:02 GMT
Media plays an ever increasing role in society, educating, informing and entertaining, but is Egyptian media up to the job in presenting a fair and balanced view or is it merely recreating the polarised division on the streets?
Coal could overtake oil as the worlds main fossil fuel by 2017
08:29 GMT
Coal will nearly overtake oil as the dominant energy source by 2017, and only a drop in world gas prices could curb the use of the dirtier fossil fuel in the absence of high carbon prices, the International Energy Agency (IEA) said.
The UAE economy is still set to grow in 2013, despite global economic difficulties
08:22 GMT
The UAE economy is expected to grow at a rate between 3.25 to 5 per cent in 2013 in a world still grappling with economic and financial challenges.
Egypt's Prime Minister has said that he wants talks with the IMF to resume
08:21 GMT
Prime Minister Hisham Qandil said on Sunday that Egypt wants to resume talks with the International Monetary Fund in January on a $4.8-billion loan frozen this month because of political tensions and unrest.
New gas fields have been found in Egypt's Nile Delta Basin
03:00 GMT
Dana Gas, the Middle East's first and largest regional private sector natural gas company, has made two new onshore gas discoveries in the Nile Delta Basin of Egypt.

December 30, 2012

The elections season used to be a major stimulant to the business
12:21 GMT
Jordan is gearing up for parliamentary elections on January 23 in the usual fashion of having posters for candidates hanging from every conceivable place and campaign tents dotted across the city dishing out sweet kunafa to the electorate, but suppliers are warning of a lower spending in this round of elections.
Up to 4,000 jobs within the BDD could be created over the next three to four years, and is adamant that some of these will go to members of the local community
11:10 GMT
Beirut is throwing off the shackles of history and forging a new 'Beta' version of itself for the 21st Century, but is all the digital development good for the Cedar city or is it just gentrification by any other name?
All experts and officials insist that the Lebanese company will not put a penny in the construction of oil platforms because the oil companies will do all the necessary investments
10:42 GMT
Over 40 international oil companies are expected to take part in the first gas tender in Lebanon in February 2013 amid indications that the country’s untapped reserves could be larger than early indications.
The construction industry in Yemen highlights the economic woes of the country
09:04 GMT
Yemen's construction industry is one of the most important sectors of the economy, comprising of two-thirds of national output, but the problems that it faces eloquently highlight the issues that Yemen needs to overcome.
Oil marketing revenues in Oman are set to boom in 2013, a new report shows
08:27 GMT
Oman's oil sector is well known for being highly lucrative, but new research shows the marketing of so-called "black-gold" in the Sultanate is expected to witness strong growth in 2013 due to growing consumer demand.
Iraq is now OPEC's second highest oil producer, with production rising 24 per cent n 2011
07:47 GMT
Iraq jumped two places to No. 2 in Opec's rankings this year, cementing its position among the world's leading oil producers. Neighbouring Iran dropped three spots to fifth as international sanctions took hold.

December 27, 2012

The GCC quest for relevance
11:34 GMT
The GCC held another meeting this week, but like other supranational institutions, it is struggling to find its role in the 21st Century, what is the future for the Riyadh-based grouping of Gulf states?
The total of agricultural exports increased 2 percent to reach $152 million in the first nine months of 2012
11:17 GMT
As the Syrian conflict continues to hurt the Lebanese economy, demand for agricultural goods from the the Cedar land is booming in the Gulf region.
75 per cent of women have secured jobs in the private sector, while the other 25 per cent started their own projects
11:05 GMT
Although a culture of shame still prevents many Jordanians from working as cleaners, waiters or in other “lowly” occupations, a civil society organisation in east Amman is helping some young people support their families by bucking these societal norms.
Lebanon's cabinet is to announce the tendering process for offshore gas
08:08 GMT
Lebanon is set to launch the tender process today for companies wishing to conduct offshore has drilling as the Cabinet discuss a raft of economic issues affecting the country.