ALGERIA. The Algerian government plans to privatise Algérie Telecom in the first half of the year, Communications Minister Boudjema Haichour said this week.The Minister stressed, however, that the state would maintain a majority stake in the firm. The government is seeking to partner with a foreign company in order to bring more technological added value. Companies interested in the estimated US$3 billion deal include Etisalat, France Telecom, Telefonica, Portugal Telecom and Deutsche Telecom. Algérie Telecom operates 3.5 million fixed lines, 4.0 million mobile lines and provides Intern
Posted: May 11, 2015
UAE. 66% say their salary is lower than other companies in their industry, according to the latest Bayt.com and YouGov Salary Survey; A staggering 87% of UAE respondents have seen the cost of living rise in 2014, with 34% saying that it grew by more than 20%.
Posted: April 17, 2015
INTERNATIONAL. Despite progress in raising school enrolment over the past decade, one in four children and young adolescents are either out of school or at risk of dropping out.
Posted: April 16, 2015
UAE. The UAE is a typical example of how the growth of talents and skills is key to improving competitiveness; Algeria, Libya and Yemen rank in the bottom quartile globally, while most of the GCC countries rank among the top quartile globally.
Posted: April 10, 2015
JORDAN. According to data compiled by webteb.com, the intake of calories throughout the region has steadily risen in recent years, boosted by increased sugar, milk, and meat consumption.
Posted: March 17, 2015
UAE. Regardless of age and industry, the urge to learn is considerable in the Middle East and North Africa, according to a recent survey conducted by Bayt.com.
Posted: March 4, 2015
UAE. 43rd council to operate under the umbrella of Dubai Chamber; Positive step to boost economic cooperation and enhancement of trade and commerce between Dubai and Algeria.
Posted: January 20, 2015
UAE. 61% feel they deserve to work in a higher level position, and 50% state that a key reason for seeking employment is to be financially independent.
Posted: December 17, 2014
ALGERIA. Abraaj completes inaugural investment in Algeria and its first in the logistics sector in North Africa; brings significant experience from logistics investments in the Middle East, Latin America and South East Asia.
Posted: December 16, 2014
UAE. 49% believe women and men are treated equally in the workplace, according to "Status of Working Women in the Middle East" survey by Bayt.com and YouGov.
Posted: November 20, 2014
INTERNATIONAL. Both countries posted freedom scores of 8.1, according to the annual Economic Freedom of the Arab World report published by the Fraser Institute. Bahrain dropped from first place last year to third place and a score of 8.0 in this year's report, which is based on 2012 data, the most recent available.
Posted: November 14, 2014
INTERNATIONAL. The speech, purported to be in Abu Bakr al-Baghdadi's name, followed contradictory accounts out of Iraq after U.S. air strikes last Friday about whether he was wounded in a raid.
Posted: September 30, 2014
UAE. Bayt.com survey reveals that 78% consider meetings to be great for decision-making; Meetings in MENA workplaces often have agendas distributed in advance, according to 80% of respondents, and tend to start on scheduled time (according to 88%).
Posted: September 25, 2014
INTERNATIONAL. The 55-year-old was kidnapped by Jund al-Khilifa, or "Soldiers of the Caliphate," while hiking in a national park that was once a magnet for tourists.
Posted: September 23, 2014
UAE. "On the whole, the outlook for the region is a good one;" 35% of respondents claim job opportunities will increase; Concerns about rising cost of living.
Posted: August 26, 2014
UAE. Paperless offices are popular, with 50% of respondents saying that they are encouraged to use email or online resources instead of printing out documents.
date:Posted: May 28, 2015
UAE. The recent close below 1.55 was a critical blow for the Pound/Dollar bulls, and the bears have continued to exploit each opportunity to increase selling pressure with the pair still looking technically vulnerable to further declines.
date:Posted: May 28, 2015
UAE. Low production costs for Middle East companies gives regional players significant competitive advantage in the low price segment of an oil "super cycle", according to the latest paper from global strategy and management consulting firm A.T. Kearney.
date:Posted: May 27, 2015
UAE. The private equity market in the Middle East has matured in the last five years in terms of deal structures, volumes and values, according to speakers at a debate organised by ICAEW's Corporate Finance Faculty in the UAE.