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Get ready to pay more for food!

Food prices surging around the world Drought conditions in Russia and North America caused worldwide food prices to increase by 6 percent in July, according...

We Are All Big Debtors! $27,640 per Person

Global debt levels have reached new heights. A report by McKinsey Global Institute has estimated that the world’s debt now amounts to a total...

Middle East carriers show strongest growth at 15.8 per cent

Global air traffic shows downward trend: IATA  Global air traffic showed a general downward trend in May in tow with the deteriorating global economic condition,...

Gadhafi agrees to stop fighting

Col. Moammar Gadhafi has agreed in principle to stop all hostilities in Libya and let in outside forces to help keep the peace, according...

Demand for Middle East carriers rose 9.7% above last year’s level

According to a comment on the July air traffic statistics released by the International Air Transport Association (IATA) on 4th September 2011, demand for...

Armani Hotel Milano opens

The new Armani Hotel Milano is the second hotel to be launched within the Armani Hotels & Resorts project

Asian companies set to benefit from Eurozone crisis

Asian companies are more intent on finding investment opportunities in Europe than those in the Middle East or North America

Top 100 World’s Most Influential Arabs

Charles El-Achi, Abdalla Alnajjar and Farouk El-Baz the most prominent scientists.. Waleed Bin Ibrahim and Ahmed Bin Jassim more importantly in the Arab media "Gulf Business"...

Main sea freight index up on increased demand for large vessels

Rosier times ahead of shipping stocks The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry commodities, rose for a third straight...

IMF revises MENA’s growth rate

The International Monetary Fund stated in a report released in January that an anticipated drop in the average growth rate of the regional economy...

Global Economy Outlook “Cautiously Optimistic”, Financial Leaders Say

Despite the recovery, risks are present and 2014 may be a year of volatility The agenda for 2014 is to complete financial reform The outlook for...

5th Annual Statistical Report on Gulf Common Market Released

UAE maintains its leading position in the GCC The UAE has continued to achieve outstanding results in implementing Gulf Common Market (GCM) decisions, according to...

Business confidence falls in Middle East, but not as quickly as...

Business confidence in the Middle East continued to fall in the second quarter of 2015, but not as quickly as it had in the...

Canada Calling! Best and Fastest Immigration Programs

Good news for all those looking to live, work and settle in Canada. The Canadian government is leaving no stones unturned to make reaching...
Aberdeen Standard Investments

GCC Economic Recovery Uneven across Different Industries

“The IMF report predicts real GDP growth in MENA to pick up to 4% this year, which is significant improvement on the 3.2% it...

Global Economy Set to Grow 3.2 Percent in 2018

The global economy will expand 3.2 percent in 2018, matching the rate of growth achieved in 2017 and marking the first time since 2011...

7th International Green Awards calls for entries

The International Green Awards, a leading platform for sustainability intelligence, leadership and innovation, has now launched for the 7th year. This year, the awards are...

With $400 billion ‘in play’, hedge funds face challenges

The hedge funds industry faces challenges in 2012, but also a year of significant opportunity, according to a Barclays Capital report, The Money Trail,...