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Egypt inflation jumps to a year high

Urban consumer inflation in Egypt accelerated to 12.1 per cent in April, its highest in a year, on the back of soaring food prices which contributed
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Middle East leads world on hotel revenues in March

Middle East hotel rates continued to lead the global market in March, with revenues per available room at $139 during the month,
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China set to be GCC’s top trade partner in 2020

China is expected to be the GCC's most important economic partner by 2020, according to a new report by the Economist Intelligence
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The Gulf’s 50 biggest companies

Stock markets across the Gulf may have faced a torrid time as a result of regional unrest, but the region’s 50 biggest listed companies
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Dubai airport passenger traffic surges 5.8pc

Dubai International Airport said it has registered a 5.8 per cent increase in year-on-year passenger numbers and a 3.7 per cent contraction
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New mortgage law ‘to spur Saudi real estate’

The proposed revision of mortgage lending in Saudi Arabia is expected to spark renewed interest in the residential sector, according
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Jordan property market ‘steady despite unrest’

Jordan’s property sector remains stable, with minor price increases in
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Gulf – Central Asia rail route planned

Turkmenistan and Uzbekistan agreed on Monday with Iran, Qatar and Oman to create a transit rail route linking energy-rich but landlocked
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Bahrain steps up infrastructure work

Government-funded infrastructure projects have boomed over the last three months in Bahrain, said a senior government official.
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UAE investor confidence continues to improve

The latest Friends Provident International (FPI) Investor Attitudes Report shows that United Arab Emirates (UAE) investor confidence continues to improve, albeit
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Dubai property market is ‘stabilising’

Demand for property in the UAE could be set to rise following a recent report from a leading real estate firm in the region
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Saudi Arabia to earn over $242 bn in 2011

A surge in crude prices and production will boost Saudi Arabia’s oil export earnings by nearly $39 billion to more than $242 billion
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