Latest Politics & Economics News

Last Updated: Mon, Jul 6 2015 | 4:22 PM |
Tunisia's president declares state of emergency after hotel attack
Politics & Economics»

Tunisia's president declares state of emergency after hotel attack

Sunday, 5 July 2015 11:29 AM

Tunisia's emergency laws temporarily give the gov't more executive flexibility, hand the army and police more authority

UAE non-oil business growth slows to 22-month low, says survey
Politics & Economics»

UAE non-oil business growth slows to 22-month low, says survey

Sunday, 5 July 2015 9:54 AM

The figures for June have been put down to a drop in productivity due to the start of Ramadan

Saudi economy accelerates in Q1 but may not be sustained
Politics & Economics»

Saudi economy accelerates in Q1 but may not be sustained

Saturday, 4 July 2015 9:43 AM

Latest figures indicate Saudi Arabia has offset the impact of oil's 50% plunge since mid-2014

Kuwait praised for 'major breakthrough' on labour law
Politics & Economics»

Kuwait praised for 'major breakthrough' on labour law

Saturday, 4 July 2015 1:35 AM

Human Rights Watch applauds move by Gulf state to adopt new law giving domestic workers enforceable labour rights

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Trade at Dubai free zones said to reach $140bn this year
Politics & Economics»

Trade at Dubai free zones said to reach $140bn this year

Friday, 3 July 2015 9:11 AM

Business sources say value of trade set to increase by 5-7% in 2015 compared to previous year

Kuwait may issue bonds to finance budget deficit
Politics & Economics»

Kuwait may issue bonds to finance budget deficit

Thursday, 2 July 2015 3:43 PM

Finance Minister Anas al-Saleh says issuing bonds is among various options being considered

European police to take on ISIL social media propaganda
Technology»

European police to take on ISIL social media propaganda

Thursday, 2 July 2015 3:22 PM

Europol to launch team to work closely with social media firms

Libya to appeal in landmark debt case against British investor
Banking & Finance»

Libya to appeal in landmark debt case against British investor

Thursday, 2 July 2015 3:15 PM

Judge rules that the Libyan Investment Authority cannot recoup $30m of unpaid debt previously owed to it by Glenn Maud

UAE to finish drafting corporate tax, VAT laws in Q3
Politics & Economics»

UAE to finish drafting corporate tax, VAT laws in Q3

Thursday, 2 July 2015 1:58 PM

Ministry of Finance official says still evaluating the social and economic impact of the laws

5
Italian police arrest ISIL supporters planning attacks in Europe
Politics & Economics»

Italian police arrest ISIL supporters planning attacks in Europe

Thursday, 2 July 2015 10:55 AM

Two people in Rome suspected of plotting attacks in Italy and North Africa, and 5 others in Italy and Albania who were planning to join the militant group

More than 100 dead as ISIL militants, Egyptian army clash in North Sinai
Politics & Economics»

More than 100 dead as ISIL militants, Egyptian army clash in North Sinai

Thursday, 2 July 2015 10:52 AM

ISIL's Egyptian affiliate, Sinai Province, had claimed responsibility, saying it attacked more than 15 security sites and carried out three suicide bombings

Kuwait assembly approves 2015-16 budget, $27bn deficit
Politics & Economics»

Kuwait assembly approves 2015-16 budget, $27bn deficit

Wednesday, 1 July 2015 5:25 PM

Deficit assumes an oil price of $45 per barrel; expected to tighten if oil prices trade in mid-$60s range

Kuwait casts doubt over refinery project with China
Energy»

Kuwait casts doubt over refinery project with China

Wednesday, 1 July 2015 5:16 PM

Oil minister says not ready to proceed with China refinery project unless it achieves 'sufficient benefits'

Greece defaults on IMF payment despite last-minute overtures to creditors
Politics & Economics»

Greece defaults on IMF payment despite last-minute overtures to creditors

Wednesday, 1 July 2015 12:53 PM

Fears of a Greek default have unnerved financial markets on concerns that it would ultimately lead to the country's exit from the euro

ISIL threatens to topple Hamas in Gaza
Politics & Economics»

ISIL threatens to topple Hamas in Gaza

Wednesday, 1 July 2015 12:53 PM

ISIL has also taken over swathes of Iraq and has claimed attacks in Egypt, Libya, Tunisia and Yemen


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UAE private sector working day to be cut by 2hrs during Ramadan

UAE private sector working day to be cut by 2hrs during Ramadan

There will be no reduction in wages as a result of shorter hours, the Ministry of Labour announced...

UAE announces Ramadan working hours for the public sector

UAE announces Ramadan working hours for the public sector

Holy month is likely to start on June 18, with gov't employees working 9am to 2pm

InPics: WEF MENA 2015 in Amman

With the theme 'Creating a Regional Framework for Prosperity and Peace through Public-Private...

Jordan's king reveals $20bn investment opportunities at summit

Jordan's king reveals $20bn investment opportunities at summit

King Abdullah II says projects will be delivered via public private partnerships; part of new...

Gulf blue chips commit to training 49,000 young people

Gulf blue chips commit to training 49,000 young people

Prominent firms stump up support for new youth unemployment target for WEF’s Regional Business...

Former UK PM says infrastructure is key to MidEast prospects

Former UK PM says infrastructure is key to MidEast prospects

Gordon Brown says public-private partnerships needed to drive urgently needed infrastructure...

Gulf businessmen call for shake-up to cut youth unemployment

Gulf businessmen call for shake-up to cut youth unemployment

Aramex chief Fadi Ghandour says youth unemployment is biggest challenge and biggest opportunity...

King's changes make Saudi policy less predictable

King's changes make Saudi policy less predictable

Riyadh's new rulers enjoy more scope to make dramatic and unexpected interventions than their...

Nepal: Ways to help earthquake victims

Nepal: Ways to help earthquake victims

Organisations seeking donations to help provide relief to thousands of victims

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