UAE Controls 17% of Arab GDP in 2010
The UAE accounted for nearly 17 % of the combined Arab GDP in 2010 and controlled around a third of the total…
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Economy
UAE’s Real Estate Transactions Increase by 5%
The Abu Dhabi Municipality announced that total real estate transactions -covering both mortgage and sales- reached…
U.S. Hosts Discussion with Private Sector on Supporting Development in Egypt
The United States Government expressed appreciation today at an event in Cairo to its private sector partners…
Intel and IBM Face the Slowest Sales Growth
Intel and IBM have posted the slowest sales growth in years, as the European slump weighed on orders last quarter.…
Apple Hires 500 Employees in Ireland
Apple is to hire 500 people in Ireland in the latest boost to the indebted euro zone country's multinational…
SABIC’s CEO Raises Expectations for Coming Quarters
Saudi Basic Industries Corp. (SABIC) chief executive said on Tuesday that he expected good results in the coming…
Sharp Forecasts to Record Full-Year Loss of $4.7bln
Tokyo Japanese electronics giant Sharp said Tuesday it would report a record full-year loss of $4.7 billion, as the…
Al Nagdy: Small Businesses Revolute
Major General Esmail El Nagdy – Chairman of Industrial Development Authority- said that the Authority is preparing…
Eessa Urges the EU to Establish Development Projects
Dr. Mahmoud Eessa – Minister of Industry and Foreign trade- persuaded the European Union to transform its…
Small Israeli Market struggles in the Big Pond
After years of outperformance as a big player in a small investment pond, Israel's financial market is struggling…
