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An estimated 40,000 young Omanis exit the education system every year. Oman announced a slew of new targets for the 'Omanisation' of private sector jobs, early this week. According to the Gulf News daily, the country’s manpower minister Shaikh ...

As the Qatari economy continues to remain stable despite the recessionary pressure mounting worldwide, business optimism improves further amid increasing ...

Capital requirements for banks in Syria will at least double to strengthen a nascent financial sector attracting Gulf investment despite the global crisis ...

UAE mortgage defaults shot up close to 25 percent in the first six months of the year, local daily Emirates Business reported on Monday, citing analyst estimates. ...

One in 10 UAE workers have lost their jobs in the past six months while close to two thirds polled have close friends and family members who lost their jobs. ...

Oman's GDP increased by 44% in 2008. (Getty Images)A 44 percent GDP growth rate increase in Oman in 2008, was led by development of the country’s ...

Executing economic reforms, speeding up legislations and providing foreign investors with more investments opportunities to enter the market will contribute ...

Volkswagen has sweetened its bid to purchase almost half of sports car maker Porsche AG and is prepared to offer considerably more than ...

Bahrain has moved up to the 24th position in the Enabling Trade Index of the Global Enabling Trade Report 2009, the country's Economic ...

Total foreign investment in Egypt will range between $7-7.5 billion in 2009, rising to $8 billion in 2010, the country's investment minister said ...

Real estate sales activity continued to decline during May, falling to its second weakest level in five months. A total of 314 sales transactions were registered at a value of KD 80.1 million. National Bank of Kuwait ...

About four million individuals are employed with the private sector in UAE, half of which are construction workers said Saqr Saeed Gobash, Minister ...