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April 26, 2012

On the positive side, the UAE is ahead of many other air navigation service providers with regard to ATM capabilities
11:37 GMT
The fast growth of aviation in the region should not, however, obscure the fact that global aviation faces considerable challenges.
ArabianMoney is not convinced either that the Iranian oil embargo will go ahead or that spiking the gold price at this point is in China’s best interests as the world’s biggest holder of dollar reserves
10:39 GMT
Basically there will be a sudden demand for physical gold that cannot be met and short sellers will be forced to cover and buy gold at higher prices.
The household sector accounts for 21 percent of Jordan’s over JD4 billion energy bill
09:34 GMT
There are several simple ways for consumers to reduce their energy bills, according to an energy conservation expert.

April 25, 2012

The report rates Lebanon among the most vulnerable countries in the world to global food price shocks
12:31 GMT
Lebanon’s vulnerability to global food price shocks may compromise its ability to make progress across a number of Millennium Development Goals, the World Bank’s “Global Monitoring Report 2012” suggests.
Smartphones are now available for as little as US$80 (Dh293.85), and are forecast to further decline in price
10:44 GMT
According to the firm's Mobile Life study, 46 percent of mobile users in the UAE, Egypt, Saudi Arabia and Israel are currently using an iPhone, Android, BlackBerry or other smart devices.
EU foreign ministers have also agreed to ban on exporting any technology that could be used for repression
09:38 GMT
he European Union has targeted Syrian President Bashar al-Assad and his family member's luxury lifestyle by imposing a ban on the export of luxury goods to Damascus.

April 24, 2012

The project will be first implemented in Riyadh and it will be completed in four years
11:22 GMT
The decision comes in the wake of the Kingdom’s move to reduce the number of vehicles on the road.
Now we are starting to see the new money come into UAE property
10:36 GMT
It is worth considering what factors have lead to the very high commercial and residential property prices in cities such as Singapore, Central London or Mumbai.
Egypt supplies roughly 40 percent of Israel’s gas supplies
08:39 GMT
Egypt is ready to resume gas supply to Israel but at “a new price and with new conditions,” the country’s International Cooperation Minister Fayza Abul Naga said on Monday, according to the official MENA news agency.

April 23, 2012

The UAE will soon become a nation of enterprising innovators as home to one of the richest talent pool in the world
14:28 GMT
While it is easier to justify investments in innovation during boom times, businesses are confronted with the challenge to keep the tempo going when the going gets tough.
Banks have been freely able to tap long term CDs and bonds locally
13:22 GMT
The latest global regulatory standards on bank capital adequacy, stress test and market liquidity risk called 'Basel III' will be introduced for Omani banks by the Central Bank of Oman (CBO) next year.
Businesses, landlords and tenants are becoming increasingly aware of the various advantages of occupying green buildings
12:38 GMT
Any efforts to decrease energy expenses in buildings can increase net income for the landlord by up to 3 percent, a report said.

April 22, 2012

In fact silver almost always outperforms gold by a factor of two to the upside, and offers reverse disappointment when things go sour
13:24 GMT
Gold demand should pick up this week due to the Indian religious calendar and silver prices do tend to follow gold upwards.
Of the Middle East and Levant markets, Egypt, Oman, the UAE and Qatar have seen increasing scores recently
12:23 GMT
MasterCard’s latest Index of Women’s Advancement for the Middle East and Levant report, which measures the socioeconomic level of women in relation to men, has revealed an increasing recognition for women’s empowerment in the recent years.
The UAE has always been amongst the top recipients of FDI in the region
11:09 GMT
Foreign direct investments (FDIs) in the GCC will continue to generate business opportunities despite current sluggishness, said a report by Global Investment House.