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MIDDLE EAST BUSINESS
The Middle East, especially the oil-rich Gulf, is the world's hottest economic region, shrugging off the economic gloom plaguing much of the rest of the world. Hundreds of billions of dollars in wealth are piling up there each year in countries like Saudi Arabia, the United Arab Emirates, Iran, and Iraq. Money and the Internet are changing the region fast and helping to build huge fortunes and world class companies. But explosive tensions remain over Israel, Iran, Iraq, and the Palestinians.
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In October of 2009, for which EIA Washington just supplied the latest data, Non-OPEC crude oil production soared by...
Abu Dhabi National Energy Co., the Persian Gulf petroleum and power producer known as Taqa, is hunting for acquisitions...
A U.S.-Israeli exploration group that discovered large amounts of natural gas in Israeli waters earlier this year said...
Yemeni authorities sought on Thursday to deflect responsibility for events leading to the failed Christmas day airline...
Credit in the Gulf will remain scarce in 2009 with banks tightening their lending, a senior trader at Egypt’s largest...
Saudi Aramco and French oil giant Total have awarded a construction contract for its $12 billion joint venture refining...
When Akram Alami organized a job hunt trek to Dubai in November for London Business School students, he expected a...
The UAE has attracted in excess of $66 billion in foreign direct investment (FDI) over the past 10 years to emerge as...
Internet and phone communications between Europe, the Middle East and Asia were severely disrupted Friday after three...
Interview with Peter Kaliaropoulos, of Batelco in Bahrain, which won Telecoms Company of the Year award at the Arabian...
Chevron, the US oil firm, is moving into the final phase of a landmark test of a new application of enhanced oil...
Continuing protests after the disputed June 12 election in Iran pose the most serious challenge to its government since...
Former Thai Prime Minister Thaksin Shinawatra on Monday denied any involvement in the takeover of Portsmouth FC.
Of Sheiks, Souks, Jins, and a Magic Book. In Oman, traditional Middle Eastern architecture, souks, forts, cascading...
The story behind the controversial recent capital raising from Gulf states investors.
Somali pirates are threatening the shipping lines for the world's crude.
According to Global Arab Network report, Moody's Investors Service has today downgraded the ratings of three...
in the oil-fueled boom that has made Dubai, with its futuristic skyscrapers on the turquoise waters of the Persian...
Abu Dhabi, the capital of United Arab Emirates has about 94% of its oil supply. Oil reserves are expected to last for...
Iraq’s parliament signed an agreement allowing as many as 100 British Royal Navy Trainers to return for up to a year to...
In spite of the economic crisis, Tunisian economy received a boost, with official figures showing strong growth,...
Global Arab Network | Yemen’s medium-term outlook remains dominated by the expected depletion of oil reserves.
Norway and the World Bank are in discussions over setting up a new trust fund to help developing countries create and...
Analysts... tried to figure out why oil prices have risen to such heights this year, despite lacklustre demand leaving...
Top Sources: Middle East Business
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