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The whole Middle East region going from Syria to the Nile had been greatly affected by strong winds and snowstorms that affected all the communities in the region. This weather was qualified by a meteorologist as the “fiercest storm to Read more
The International Finance Corporation (IFC), a member of the World Bank Group, has granted a $30 million loan to Malta-based FIMBank designed to boost trade between Europe, the Middle East, and Africa, and to support economic development in the region. Read more
The Ericsson Company just published their latest Ericsson Mobility Report. Their study mainly focused on the evolution that was recorded regarding the mobile market in the third quarter (Q3). According to the report, the total number of mobile subscriptions in Read more
The highest rated bank in the Middle East, the National Bank of Kuwait (NBK), has announced a surprising net profit for this year’s first half. It is surprising because when the results are compared to that of the past year Read more
The summit which focuses on finding means to expand and strengthen the economic bonds and encourage investments between Asia and the Middle East has begun with 150 senior decision-makers present to brainstorm the way forward. The summit is called the Read more
The continuous growth and stability of Qatar’s economy during the revolutions in the region dubbed the Arab Spring has made Qatar a hot cake under the eyes of the investors in the Middle East. With reports positive about its economy, Read more
Barely less the 24 hours to go before the Grand Prix starts, caught in the midst of anti-government protesters on their way back to the hotel after training sessions were four members of the Force India team. A petrol bomb Read more
The Middle East is at crossroads. With one side enjoying the fruits of peace and the oil revenues, the other side is being showered with gunshots, shelling and bombs. Those in between the two roads live on uncertainty. Such is Read more
The Gross Domestic Product (GDP) of the Sultanate of Oman has increased 23.3 percent to $ 51.9 billion during the first three quarters of 2011 due to the surge in oil prices and output in the Gulf country According to Read more
The oil-rich sultanate of Oman is planning to build a $ 1bn medical city with help of the U.S. Apex Medical group. The medical city, to be built on a 800,000 sq m site, will consist of a multi-specialty 530-bed Read more