Sunday 25 September 2022 \


Middle East

GCC to standardize oil prices: Al-Naimi

Source : / 27 Sep 2013

Oil Minister Ali Al-Naimi unveiled plans of Gulf states to standardize petroleum prices.

“There is a study under way in this regard. Once the study is complete, we will make an announcement about it,” he told reporters at the end of a meeting with his Gulf counterparts here on Tuesday.


Egypt returns $2 billion to Qatar in sign of growing tensions

Source : Reuters / 21 Sep 2013

Egypt has returned $2 billion that Qatar had deposited with its central bank, after talks to convert the funds into three-year bonds broke down, central bank Governor Hisham Ramez said on Thursday.

Egypt authorities have also refused a Qatari request to increase the number of flights between the two states, according to Egyptian airport sources, in a further sign of rising tension between the two Arab Muslim states.


YouTube allows Gulf users to get paid for their videos

By Paul Crompton / 17 Sep 2013

Online video-sharing giant YouTube has on Monday expanded its operations in the Gulf, allowing the Google-owned website’s users in Kuwait, Qatar, Bahrain, and Oman to get paid for their video content and for advertisers to display locally-relevant ads.

Maha Abouelenein, Google's Middle East and North Africa (MENA) Head of Communications, told Al Arabiya English that monetizing the website for the users creates a way for content creators to create a business on the site.


Gulf’s entry-level job market is recovering, say experts

By Paul Crompton / 31 Aug 2013

The Gulf’s job market for entry level professionals and graduates is showing signs of recovery, although there is a widening skills gap, according to recruitment firms and specialists based in the region.

“We’ve seen an increase over the last six months of graduate and entry-level positions, there just seems to be a bit more buoyancy in the market in general. Obviously, there are a lot more graduates now,” said Bobbi Hartshorne,

Head of Education Partnerships at Dubai-based Laimoon, a regional online recruiting site.


‘Hot’ couture: traditional Saudi head-cover gets modern make-over

By Natasha Baker / 14 Aug 2013

Worn in rain or shine, the Saudi Arabian shemagh has a plethora of uses and is steadily being redefined as a high-fashion and haute-couture item.

This is particularly good news for sellers of the traditional scarves as approximately eight million shemaghs have been sold in the last month alone, reported leading pan-Arab newspaper al-Hayat.


Poll: 62% in Middle East, North Africa unhappy with salaries

Source : Al Arabiya / 24 Jul 2013

Across the Middle East and North Africa, 62 percent of nationals and residents are not satisfied with their work salaries, according to a survey conducted by YouGov, an independent research and consultancy firm, and, a popular recruitment website.

Only 15 percent of respondents are “extremely satisfied.”


EU to levy 4.7% duty on jet fuel imports from Middle East

Source : Reuters / 14 June 2013

The European Union will impose a 4.7 percent duty on jet fuel imports from the Middle East starting next year, officials said on Wednesday, in a move that could significantly increase costs for the EU’s embattled airlines.

Last month, EU officials said jet fuel imports could dodge the new tariff thanks to a waiver known as airworthiness certificates or EASA Form 1 certificates.


Most Arabs get news from TV

By Diana Al-Jassem / 12 June 2013

An estimated 78 percent of Arabs still get their news from television, with only 6 percent searching for it on new media platforms, according to Arab Index, an annual report issued by the Arab Center for Research and Studies.


Why is the West against the unification of Muslims?

Source : | 22 May 2013

In his interview, Viacheslav Matuzov, the President of the Society of Friendship and Business Partnership with the Arab Countries, answers the complex question about the reasons of disunity of the Arab-Islamic world and the obstacles on the way of unification.


Greater Arab free trade: Higher hydrocarbon prices boost surplus

Source : Arab news / 13 May 2013

The trade of the 18 countries in the Greater Arab Free Trade Area (GAFTA) grew 11 percent in 2012 to $ 2.1 trillion, according to new IMF trade data. This built on two prior years of strong trade growth of over 20 percent. However, most of the increase is the result of higher hydrocarbon prices rather than increases in the real volume of trade, according to QNB Group.


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