Middle East and Asia, the onshore dominated regions, is set to see a recovery in expenditure as oil prices rise, due to the sensitivity of onshore driving activity to changes in oil price, according to a recent forecast.
Religious buildings face closer scrutiny after police announced weapons had been recovered from a Shi'ite community centre, which went up in flames during clashes on February 14.
The Abu Baham Ma'atam, in Sehla, caught fir
Saudi Arabia-based telecommunications operator Mobily has contributed to the innovation of new and efficient services to the business sector in the kingdom.
There is a need for business continuity solutions to enable companies to
Juhayna, Egypt's largest producer of packaged juice and dairy products, expects its profits to recover next year after an increase in the cost of raw materials squeezed margins this year, its chairman said.
Safwan Thabet said
Royal Jordanian Airlines will receive a cash injection of 100 million dinars ($141 million) this year, which will help the carrier recover from operational losses on its Middle Eastern routes, an executive said on Monday.
It could take up to seven years for Gulf waters to recover from any chemical or oil spill, an expert has warned during a workshop designed to ensure Bahrain is ready to cope with an environmental disaster.
A strong recovery in consumer demand for gold has continued in the second quarter, with numbers up from the previous quarter, said a report.
The latest edition of the quarterly summary of the state of gold worldwide, published by
Oil prices recovered on Monday, with US crude up 0.5 per cent to hit $91.91 a barrel, after falling more than one per cent on Friday mainly on hopes that China could take new steps to stimulate growth and lift fuel demand at the world's second
Gold prices retreated from early record highs near $1,900 an ounce on Monday, as a rebound in stock markets from last week's lows gathered pace, denting interest in so-called safe haven assets like German bunds and bullion.
Consumers in major Middle Eastern and Western countries expect the global economy to revert to pre-crisis levels within the next three years and believe that conditions are not as bad as reported by media, says a new study.
The consumer co