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: September 10, 2013
MOROCCO. Investment will enable pharmaceutical company to expand local facility and increase its product portfolio; Steripharma to increase exports to the private sector in North and Sub-Saharan Africa.
Posted: August 27, 2013
INTERNATIONAL. International tourism demand grows by 5%, exceeds expectations in the first half of 2013, according to latest data by UNWTO.
Posted: August 26, 2013
UAE. 95% of MENA respondents want to do more community service work, 41% say that they don't know where to start, reveals Bayt.com poll.
Posted: August 19, 2013
UAE. 69% of UAE companies 'definitely hiring' in the next quarter expect to take on up to 10 employees, according to the latest Bayt.com Job Index survey.
Posted: August 12, 2013
UAE. The bank applied for licenses in Algeria and Libya and is considering Tunisia and Morocco, CEO Tirad Mahmoud, said. We are seeking to expand in nations with "a critical mass in terms of population and economic activity."
Posted: July 25, 2013
INTERNATIONAL. Orange Money enables Orange customers to transfer money from mobile to mobile, to pay bills and withdraw and deposit money through a network of certified distributors.
Posted: July 23, 2013
UAE. Etisalat announced that it has been formally granted a period of exclusivity for the acquisition of Vivendi's 53% Stake in Itissalat Al Maghrib ("Maroc Telecom") until September 25th 2013.
Posted: July 22, 2013
UAE. 13% of UAE respondents claim that they are "extremely satisfied" with their life in general, according to a Bayt.com and YouGov survey. The top reasons for satisfaction are safety and security, and stability of political environment.
Posted: July 17, 2013
UAE. New Social Progress Index ranks countries by their social and environmental performance; Out of the 50 countries selected, five are from the MENA region: The UAE, Tunisia, Jordan, Morocco and Egypt.
Posted: July 11, 2013
INTERNATIONAL. The conference aims to enable a dialogue on opportunities and principal barriers that need to be addressed to increase investment and trade in Egypt, Tunisia, Morocco, Libya, Jordan and Yemen.
Posted: July 3, 2013
MOROCCO. The Retreat brought together a cross-section of the world's business and policy leaders for a series of intimate, off-the-record discussions on the global economy and issues facing global leaders.
Posted: June 26, 2013
INTERNATIONAL. The conference will promote the role of Arab women in the global and MENA economies, will debate how economic opportunities can be improved for women and will aim at creating new economic partnerships.
Posted: June 17, 2013
MOROCCO. Business strategies for cultural preservation and sustainable development organizations also proposed.
Posted: May 29, 2013
UAE. Abraaj Group, the Dubai-based private equity firm, is among Gulf investors targeting acquisitions in North Africa as a surging population boosts demand for products from health care to food and banking.
Posted: May 27, 2013
UAE. Only 3% state a high level of satisfaction with their current remuneration; 21% expect a raise of more than 15% in 2013, according to Bayt.com and YouGov Salary survey.
date:Posted: December 9, 2013
UAE. China tops A.T. Kearney Global Retail E-Commerce Index for market opportunity; UAE among the next generation markets to claim 25th position; e-Commerce is increasingly viewed by retailers as an efficient and effective global expansion vehicle.
date:Posted: December 5, 2013
INTERNATIONAL. The prospect of revitalized oil production in Iraq and Iran may add to tensions between those two countries and Saudi Arabia over export quotas; Ultimately, however, emerging markets in Asia will set global demand, and their energy thirst will determine the scale of the problem OPEC faces.