SAUDI ARABIA. The six Gulf monarchies Tuesday responded to Arab uprisings by agreeing to expand their regional grouping to include pro-Western Jordan and Morocco and urged a quick political deal in Yemen.
The Gulf Cooperation Council (GCC) welcomed bids by the two Arab kingdoms to join the six-nation grouping of Gulf monarchies, its secretary general Abdullatif al-Zayani said.
"Leaders of the GCC welcomed the request of the Hashemite Kingdom of Jordan to join the council and instructed the foreign ministers to enter into negotiations to complete the procedures," Zayani told reporters.
Posted: August 24, 2015
UAE. Fund will target well managed, mid-market businesses in Egypt, Morocco, Algeria and Tunisia; Abraaj raises US$1.37 billion for the African continent in 2015.
Posted: July 29, 2015
UAE. Investment values in Egypt increased in 2014; UAE, Lebanon, Jordan and Morocco continue to be active in venture capital investments, according to the latest "MENA Private Equity & Venture Capital" report.
Posted: July 24, 2015
MOROCCO. Uber teams up with Adyen to enable local users in Morocco to pay with locally issued credit and debit cards; Adyen now powering payments for Uber in more than 50 countries.
Posted: June 15, 2015
UAE. Governments, employers and academic institutions in the MENA region all have a role to play to address labour market inefficiencies, develop national talent, and ultimately drive long-term sustainability into the 21st century and beyond.
Posted: June 8, 2015
MOROCCO. Morocco is increasingly targeting affluent visitors from the Gulf, despite the fact that Europe still remains a major source of inbound tourists: Stephan Killinger, tourism expert and President of Mazagan Beach & Golf Resort.
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 21, 2015
INTERNATIONAL. New World Bank report calls for accountability in public service delivery and identifies local success stories to inform and inspire reforms.
Posted: April 18, 2015
INTERNATIONAL. The latest World Bank Economic Monitor for the Middle East and North Africa expects GDP regional growth to remain flat at 3.1% to 3.3% for the rest of 2015 and for 2016.
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: April 7, 2015
UAE. Forbes Middle East reveals top 100 richest Arabs on earth; 49 Arab billionaires, sharing total wealth of $155.1 bn; Top 100 hail from 12 Arab countries with Saudi Arabia in the lead.
Posted: April 1, 2015
UAE. The Abraaj Growth Markets Grant, launched in January 2015 in partnership with the Global Shapers Community, aims to support projects which will resolve a critical challenge in growth markets.
Posted: March 19, 2015
UAE. The company obtained an exclusive licence to carry out a detailed geological survey of the Mediterranee Ouest area, which comprises 3,433 sq km.
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.
date:Posted: April 26, 2017
UAE. New PwC report finds an increasing need for mid-market accommodations to cater to a younger generation that does not put much emphasis on star ratings; Emerging markets will overtake developed markets as a tourism and hospitality destination but also as key provider of customers.
date:Posted: April 24, 2017
UAE. Installed generation capacity in the MENA countries analysed will have to rise by almost 150GW, more than 50% on the current available capacity of 290GW, to reach a massive 440GW by 2020.