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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.

Middle East Business is part of Business Exchange, suggested by stanley reed. This topic contains 2,051 news and 365 blog items. Read updated news, blogs, and resources about Middle East Business. Find user-submitted articles and reactions on Middle East Business from like-minded professionals.

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Global Arab Network | The Federation of GCC Chambers ( FGCCC )more

The mounting feeling for the need of strengthening fraternity bonds and consolidating steps enhancing economic...

Non-OPEC Production Soars in Latest EIA Datamore

In October of 2009, for which EIA Washington just supplied the latest data, Non-OPEC crude oil production soared by...

Abu Dhabi Pursues Canadian Oil-Sands Acquisitions, People Saymore

Abu Dhabi National Energy Co., the Persian Gulf petroleum and power producer known as Taqa, is hunting for acquisitions...

Natgas signs found in another Israel drill sitemore

A U.S.-Israeli exploration group that discovered large amounts of natural gas in Israeli waters earlier this year said...

Yemen looks to deflect blame on bomb suspectmore

Yemeni authorities sought on Thursday to deflect responsibility for events leading to the failed Christmas day airline...

Credit woes to continue, says senior Middle East tradermore

Credit in the Gulf will remain scarce in 2009 with banks tightening their lending, a senior trader at Egypt’s largest...

Contract awarded in $12bn Saudi projectmore

Saudi Aramco and French oil giant Total have awarded a construction contract for its $12 billion joint venture refining...

Anxious Job Hunters Head for the Emiratesmore

When Akram Alami organized a job hunt trek to Dubai in November for London Business School students, he expected a...

Global Arab Network | UAE sees $66bn in foreign direct investment in 1...more

The UAE has attracted in excess of $66 billion in foreign direct investment (FDI) over the past 10 years to emerge as...

Cut cables disrupt net, phone services across Mideast, Asiamore

Internet and phone communications between Europe, the Middle East and Asia were severely disrupted Friday after three...

Batelco's Peter Kaliaropoulos speaks to Arabian Business - Technology ...more

Interview with Peter Kaliaropoulos, of Batelco in Bahrain, which won Telecoms Company of the Year award at the Arabian...

Chevron tests new oil recovery technologymore

Chevron, the US oil firm, is moving into the final phase of a landmark test of a new application of enhanced oil...

Unrest Spreads in Iranmore

Continuing protests after the disputed June 12 election in Iran pose the most serious challenge to its government since...

Thaksin denies role in Portsmouth FC buyoutmore

Former Thai Prime Minister Thaksin Shinawatra on Monday denied any involvement in the takeover of Portsmouth FC.

Incentive Travel in Oman « Incentive Travel Blog – Corporate Incentive...more

Of Sheiks, Souks, Jins, and a Magic Book. In Oman, traditional Middle Eastern architecture, souks, forts, cascading...

Barclays Benefits From a Friendshipmore

The story behind the controversial recent capital raising from Gulf states investors.

Pirates Up the Ante with Supertanker's Capturemore

Somali pirates are threatening the shipping lines for the world's crude.

Global Arab Network | Moody's downgrades three Dubai-based banksmore

According to Global Arab Network report, Moody's Investors Service has today downgraded the ratings of three...

Boomtown Feels Effects of a Global Crisismore

in the oil-fueled boom that has made Dubai, with its futuristic skyscrapers on the turquoise waters of the Persian...

Incentive Travel in Abu Dhabi « Incentive Travel Blog – Corporate Ince...more

Abu Dhabi, the capital of United Arab Emirates has about 94% of its oil supply. Oil reserves are expected to last for...

Iraq signs oil security pact with Britainmore

Iraq’s parliament signed an agreement allowing as many as 100 British Royal Navy Trainers to return for up to a year to...

Global Arab Network | Tunisia - Expanding economy in crisis timemore

In spite of the economic crisis, Tunisian economy received a boost, with official figures showing strong growth,...

Global Arab Network | LNG production supports Yemen revenue as oil re...more

Global Arab Network | Yemen’s medium-term outlook remains dominated by the expected depletion of oil reserves.

World Bank Looks to Help Developing Nations With Carbon Capture and St...more

Norway and the World Bank are in discussions over setting up a new trust fund to help developing countries create and...

Oil fundamentals are still hard to spotmore

Analysts... tried to figure out why oil prices have risen to such heights this year, despite lacklustre demand leaving...

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