JORDAN. Price stability continues across the Jordanian property sector, which is showing positive activity in both apartment and villa sales and leasing, according to Asteco Property Management’s Q2 2011 report.
“Despite regional political conflict, Jordan has remained consistent economically. Government statistics indicate the property sector has played a substantial role in this ongoing stability, indicating a 42% increase in all property and land transactions over the quarter.
Rental prices for two-bedroom apartments ranged from JOD3,000 and JOD13,000 per annum, with three-bedro
Posted: November 24, 2012
OMAN. Bahrain and the UAE occupy the top two positions followed by Jordan, Kuwait, and Lebanon and Oman in joint fifth position ahead Qatar, Saudi Arabia, and Egypt.
Posted: November 19, 2012
UAE. Oil-rich Gulf states are mulling ways to help Jordan shore up its fuel supplies after sharp price increases sparked protests against the king, the UAE foreign minister said.
Posted: November 17, 2012
JORDAN. Thousands of Jordanians rallied around the country for a third day against the government's decision to cut subsidies on fuel, with some demanding the ouster of King Abdullah II.
Posted: November 7, 2012
INTERNATIONAL. The announcement was made as David Cameron toured a desert refugee camp for Syrians in northern Jordan, on the third and final leg of a tour of the Middle East.
Posted: October 23, 2012
QATAR. Investors remain positive about Saudi Arabia, Qatar and Oman; Dubai enjoys a comeback; Worries about Lebanon and Jordan, and to a lesser extent Kuwait, as political unrest waxes and wanes across the region, says latest QFC Authority/FTSE Global Markets MENA asset management survey.
Posted: October 17, 2012
UAE. Jordan, Lebanon, Egypt and the UAE attracted most early stage investments, reveals Dubai Internet City and Frost & Sullivan report.
Posted: September 30, 2012
"INTERNATIONAL. "We recognize that this is a socially and politically difficult thing to do," Masood Ahmed, head of the IMF Middle East and Central Asia Department, said of Jordan's efforts to tighten the budget. "They have to manage it. It will require difficult decisions."
Posted: September 30, 2012
EGYPT. Orascom Development destination featuring six hotels with 2,365 rooms. The marina allows guests to visit Jordan and the ancient city of Petra, one of the most popular tourist attractions in the region.
Posted: September 12, 2012
INTERNATIONAL. Top 700 universities published today in 2012/13 QS World University Rankings; 26 institutions from the Middle East in the top 700; Highest ranked institution (197) remains King Saud University
Posted: September 3, 2012
UAE. 25% of respondents in the UK and the US stated that brand influences their purchasing decision compared to 29% in Saudi Arabia, 31% in the UAE, 33% in Bahrain, 34% in Jordan and 35% in Oman.
Posted: August 21, 2012
UAE. Respondents are optimistic for the upcoming year. The majority believe that their personal financial situation (51%), country's economy (44%), business conditions (49%) and employment conditions (35%) will improve, according to Bayt.com and YouGov survey.
Posted: August 14, 2012
INTERNATIONAL. Syrian troops and officials loyal to President Bashar al-Assad should join the opposition and abandon the "enemy of God," said Riad Hijab.
Posted: August 8, 2012
UAE. Sheikh Mohammed bin Rashid Al Maktoum has 13 other world leaders following him, making him the most followed by leaders in the region. Queen Rania is the fourth most followed world leader (2,222,872 followers) preceded by Barack Obama in first position (18,223,342 followers).
Posted: July 27, 2012
JORDAN. A combination of external developments has weakened Jordan's external balances and its public finances, raising the country's dependency on foreign grants, according to S&P.
Posted: July 23, 2012
UAE. "Top Cities of the Middle East" survey factored in economic factors, entrepreneurial factors, labour rights, environmental factors, everyday life, socio-cultural factors, and quality of life.
date:Posted: May 18, 2013
UAE. "The general trading atmosphere is sufficiently negative for gold to enable sellers to have a firm grip on the market. However, I fail to see how the rally in the stock markets can be put into any sensible relation to the economic plight of the underlying countries."
date:Posted: May 17, 2013
EGYPT. The Egyptian government has taken tentative steps towards reducing the roughly US$20 billion subsidy system that supporters say provides vital aid to the one-in-four Egyptians in poverty, and critics say is unsustainable and enriches the corrupt.