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Gaddafi captured: Libya TV, NTC commander

Deposed Libyan leader Muammar Gaddafi was captured as his hometown of Sirte was falling on Thursday, a National Transitional Council commander said, adding that...

Youth unemployment increased worldwide

According to the U.N.'s labor office, youth unemployment is likely to grow globally to 12.9 percent by 2017. This is caused by the fact...

UN Reports Record High Global Unemployment

In a time of disturbing economic instability global unemployment scores a record increase according to a report by the UN. Young people will be...

Demand for Middle East carriers rose 9.7% above last year’s level

According to a comment on the July air traffic statistics released by the International Air Transport Association (IATA) on 4th September 2011, demand for...

London the top city in Europe for international retailers

According to new “Destination Europe 2013” report by Jones Lang LaSalle Leading city: London ranked 1st, Paris 2nd and Moscow 3rd – but Moscow is...

IMF’ MENA Regional Economic Outlook Defines the Road Ahead

The International Monetary Fund (IMF) launched today its Regional Economic Outlook Update for the Middle East North Africa, Afghanistan, and Pakistan region (MENAP). The...

The Happiest People in the World in 2016?

March 20 is International Happiness Day, which means everyone will be talking about who the happiest people in the world are. Most will say...

Miss World 2012 crowned in China

Miss China, a 23-year-old music lover who wants to work with the poor, was crowned Miss World 2012 at a ceremony in China, according...

Outlook 2020: Global Growth Can Endure Over the Coming Year

Citi Private Bank today released its Outlook report for 2020, titled, “Staying Positive in a Negative (Yielding) World.” The twice-yearly publication provides in-depth insights...

Dollar gains as central banks stay put

The U.S. dollar rose against major currencies in late New York trading this week, while central banks' decisions to keep monetary policy unchanged disappointed...

GCC States in transition to Gulf Union

The leaders of the member states in the Gulf Cooperation Council(GCC) have welcomed and graced a proposal made by King of Saudi Arabia for transition from the phase of cooperation to the phase of Union.

GCC GDP expected at 5.5%; Inflation in control

· GDP growth in GCC expected at 5.5% and 3.7% in 2012 & 2013 respectively · Public debt to GDP ratio to decline to 11.4%...

The Most Reputable Countries in 2013

The annual list of The Most Reputable Countries in 2013 was released today by the New York and Copenhagen-based private consulting firm, The Reputation...

Arab region most affected by climate change

Ahmed bin Mohammed Al Jarwan, the Speaker of the Arab Parliament, has said the parliament remains focused on the protection of the environment, which...

100th MERS Case Confirmed in Saudi Arabia

As the Kingdom of Saudi Arabia expects more than 3 million pilgrims for the annual Hajj this October, the Ministry of Health is doubling...

New Signs of Global Slowdown

Economic growth prospects are flagging across Europe, Japan and big emerging markets such as India, a turn that presents fresh challenges to other relatively...

Glamorous Emirates’ St Petersburg Launch marked worldwide

Petersburg Launch Marked in Northern and Southern Hemispheres Celebrations for Emirates’ newest destination spanned two hemispheres today with St Petersburg being the airline’s theme for...

Bird Flu threats reported in Asia

In world news, the bird flue popularity is skyrocketing in recent days. Cases of the deadly desease have been reported in East Asia, namely in Pakistan, Bangladesh, China and Hog Kong.