Latest in Tag: middle east Highlight
Latest in Tag: middle east
89% of employees in MENA region are expected to watch the World Cup 2014: Survey
Employers express concern on possible productivity drop during the World Cup Tournament
Iran president visits Turkey hoping to fix troubled ties
Rouhani will meet his Turkish counterpart Abdullah Gul and Prime Minister Recep Tayyip Erdogan in Ankara, where the powerful neighbours are expected to discuss security concerns as well as trade opportunities.
Egypt to manage UN nuclear arms debate
Egyptâs UN representative in Geneva to push for Nuclear Weapons Free Zone in the Middle East
Travel to Middle East expected to grow 11.9% over next decade: Amadeus Study
Arab Spring had a negative impact on tourism in Egypt and Tunisia, says President of the Federation of Tourism, while Morocco and Turkey benefitted from the crisis
A timeline of the deadly MERS virus
The virus is mainly focused on Saudi Arabia
Mideast consortium agrees $500m National Petroleum Services buy
Reuters – A consortium of Gulf-based investors including Fajr Capital and Arab Petroleum Investment Corp (APICORP) have agreed on a deal to acquire Dubai-based oilfield services firm National Petroleum Services, Fajr said on Tuesday. The transaction, which is expected to close in the second quarter of 2014, is valued âin excess of $500mâ, it said …
Gulf support should not substitute for long-term economic reform: IMF official
Egypt must address âimbalances in the budgetâ, generate jobs, and improve living standards, says Massod Ahmed, IMFâs Middle East director
Egypt ranks second in the Worldâs Richest Arabs list: Forbes Middle East
According to Forbes Middle Eastâs counts, the total worth of the Egyptian Sawiris family is $13.2bn
Egypt court sentences four gays to prison
AFP – A court in Egypt sentenced four men to up to eight years in prison on Monday for practicing homosexuality, a judicial official said. Prosecutors had accused the men of holding âdeviant partiesâ and dressing in womenâs clothes. Three were sentenced to eight years and the fourth to three years in prison. Prosecutors have …
Kerry scrambles to save his torpedoed peace effort
The top US diplomat, who has made the quest for a long-elusive peace treaty his personal holy grail, was blindsided late Tuesday as minutes before a press conference at the NATO headquarters, both sides went rogue.
IMFâs Egypt strategy ill-suited to realities on the ground: ECESR
Regional economic experts say fundâs demands for near-term subsidy cuts not viable
Middle East grain buyers avoid Ukraine, import bills could rise
Reuters – Turmoil in Ukraine is driving Middle Eastern grain buyers to shy away from striking new deals there and to consider rival suppliers, a shift that is likely to push up import bills. The Black Sea region, mostly Ukraine and Russia, has become the major source of wheat and barley for Middle East importers …
South Africaâs youth employment bill
In May of 2012, a violent clash erupted between protesters and the opposition. Although this sounds like a fairly common news report from Egypt these days, the incident in fact took place in South Africa. The Democratic Alliance (DA), the main opposition to the ruling African National Congress (ANC), took to the streets to march …
Total looking at building big petrochemical unit in Iraq
Total wants to boost its refinery and chemicals activities in the Middle East and Asia, where it sees better long-term prospects than in Europe, where competition is pressuring margins.
70% of future leaders will work independently: Deloitte survey
Findings suggest that most millennials believe organisations must foster innovative thinking and nurture emerging leaders
Obama vows to put more pressure on Assad regime
At the meeting Obama pledged $1bn in loan guarantees to Jordan, as well as a renewal of a five-year memorandum of understanding.
Terror attacks spike in Arab Spring countries during 2013
IHS Janesâ Terrorism and Insurgency Centre notes increases in violence across Middle East, Sub-Saharan Africa. IHS Janeâs Terrorism and Insurgency Centre (JTIC) released a report Thursday that cites a spike in violence in Arab Spring countries, especially Tunisia and Egypt. The report also noted a global increase in attacks. The annual report, entitled â2013 …
European Commission launches Horizon 2020
The commission organised a regional conference to launch the largest collaborative research programme in the world
Obama to face blunt talk in Saudi Arabia
The White House waited until Monday to confirm that Obama would indeed add an unexpected stop in Saudi Arabia onto a previously announced tour of the Netherlands, Brussels and Vatican City in March.
Government accountability a must: CPJ MENA head
DNE interviews Middle East and North Africa Program Coordinator at Committee to Protect Journalists
Middle East activity lifts Halliburton, Baker Hughes profits
Halliburton and Baker Hughes, No. 2 and No. 3 in the industry, received nearly half of their revenue from outside North America in the fourth quarter.
Real estate boosts Dubai; earnings misses weigh on Saudi sentiment
Egyptâs index added 0.5%, partially rebounding from a 2.0% tumble on Sunday
Middle East investment banking fees up 20% in 2013
Reuters â Investment banking fees in the Middle East grew 20% last year, data compiled by Thomson Reuters showed, as capital markets activity continued to recover gradually from the global financial crisis. Total fees rose to $722m in 2013, the highest since 2010, from $603m in 2012 – though they were still only about half …
More than 20 Arab publishing houses in content industry contribute to âLearnBookâ
Egypt participates in providing books for a new e-library for the Middle East
Europe’s chances in the Arab world
By Fadi Elhusseini When revolts sneaked into the Arab world, a number of regimes were toppled while other thrones were shaken. Among others, Europe was quick in its response and adopted a new approach to relations with its southern neighbours. Nonetheless, despite the great efforts and numerous investments and projects in the region, the perception …
2014 outlook broadly stable for GCC banks; regional unrest a threat elsewhere in Middle East: Fitch
Fitch believes that impairment charges should fall, leading to a gradual improvement in profitability, although further recovery in asset quality will depend on continued economic growth.
NASA Earth Observatory image shows a rare winter storm that dropped snow across much of the Middle East
The snow is confined to higher elevations in Syria, Egypt, Lebanon, Israel and the West Bank, and Jordan.
Role of outside powers in region must change: Fahmy
Foreign Minister calls for all countries in the region to reassess their approach to security
The day of the vaccine
Children all over Egypt and the Middle East get vaccinated against polio
Pope says ‘no Middle East without Christians’
Amid reports Christians are being ‘punished’ for the actions of Western powers, some faith experts have warned that Christianity is in danger of becoming extinct in its own cradle.