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Posted: 19-07-2011
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: April 16, 2014
UAE. January 2014 was another positive month for the hospitality industry in the Middle East, with several GCC cities, including Dubai, Doha, and Muscat, witnessing robust increases in their hospitality KPIs.
Posted: April 13, 2014
UAE. Eight MENA countries included in the Social Progress Index ranking 2014:UAE ranks 37th followed by Kuwait 40th, Saudi Arabia 65th, Jordan 75th, Lebanon 83rd, Egypt 84th, Iraq 118th and Yemen 125th; Social Progress Index enables better understanding of worldwide progress and growth.
Posted: April 11, 2014
IRAQ. Iraq Future Energy Summit will provide an opportunity to hear experts involved with Iraq's energy sectors discuss the key issues affecting and aiding progress.
Posted: March 17, 2014
INTERNATIONAL. The World Bank's support to Jordan over the last two years, amounted to US$700 million in loans and grants.
Posted: March 12, 2014
INTERNATIONAL. New report details impact of Syrian refugees on growing water crisis, recommends urgent and coordinated infrastructure investments.
Posted: March 11, 2014
JORDAN. The Jordanian economy is recovering from the crisis in 2012, with support from the IMF and GCC countries. The international reserves of the Central Bank of Jordan (CBJ) have more than doubled in 2013 and economic activity is picking up.
Posted: February 25, 2014
JORDAN. Cisco joins European Investment Bank, King Abdullah Fund for Development, and Accelerator Technology Holdings in fund's first closing.
Posted: February 24, 2014
UAE. 90% of jobseekers in the Middle East and North Africa, say companies should position themselves as great places to work, according to Bayt.com survey.
Posted: February 24, 2014
JORDAN. Jordanian University students translate popular software education tool into Arabic; The project, which took four months to complete, was managed by the Oracle Academy and Carnegie Mellon University.
Posted: February 19, 2014
JORDAN. Rental rates remain relatively unchanged at 2% due to increased supply, says latest Asteco Q4 2013 research report.
Posted: February 16, 2014
INTERNATIONAL. A short term focus on political and security concerns has stood in the way of the structural reforms needed for growth and stability.
Posted: January 20, 2014
UAE. The Astrarium is an integrated entertainment, hospitality, and leisure development that is sure to become a family destination, attracting visitors from across the Middle East.
Posted: January 20, 2014
UAE. Dubai's overall average occupancy decreased by 5.1% in November 2013, however, ADR increased by 5.6%, according to "EY Middle East Hotel Benchmark Survey."
Posted: January 16, 2014
INTERNATIONAL. More than 3 million people have fled Syria and are taking refuge in Lebanon, Jordan, Turkey, Iraq and Egypt, causing great hardship and raising tensions in the region.
Posted: December 11, 2013
INTERNATIONAL. The agreement includes an 180-kilometer pipeline northward from Jordan's Red Sea port of Aqaba to the Dead Sea to channel 100 million cubic meters of water a year.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 19, 2014
UAE. Key sectors driving growth in the housing market are the tourism, hospitality, education and healthcare sectors, which is translating into robust population growth and demand.
date:Posted: April 17, 2014
KUWAIT. According to a newly released report by Kuwait Finance House Research, the global sukuk market saw a modest volume of US$31.14 billion in new sukuk issuances in 1Q2014. This volume represents a drop of 9.82% compared to US$34.53 billion worth of issuances in 1Q13.
date:Posted: April 16, 2014
INTERNATIONAL. The WGC pointed out that the Chinese bank savings amount to US$7.5 trillion but only about US$300 billionn is allocated to gold, signifying the potential for gold demand to grow as Chinese wealth climbs.
INTERNATIONAL. It's now up to the new government to get real shale development in motion, and for Turkey to face up to its own strategic realities and join forces with Ukraine to harness LNG potential.
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