| » | Bahrain, Qatar, UAE issues travel warning on lebanon Bahrain, Qatar and the United Arab Emirates urged their citizens to stay away from Lebanon, citing security concerns in a country where fighting prompted by sectarian tensions in neighboringSyria has unsettled areas near a northern port. The three Gulf states' Foreign Ministries urged all those already in Lebanon - a favorite destination for wealthy Gulf tourists - to leave because of the "security situation" in the country, the official news agencies BNA, QNA and WAM reported. Tourists from Gul |
| » | UAB conference highlights Arab spring and repercussions on economic relationship - Intake 3 by Maan Barazy - Istambul - The Arab spring and repercussions on Turkish Arab trade economic relationship was highlighted by the Arab-Turkish banking and financial forum organized by the Union of Arab banking in istambul Sandwiched between the economic turmoil of Europe and the political crises of the Middle East, fast-growing Turkey has piqued the interest of private equity buyers hungry for deals. Rapid economic growth, a booming population, and unrest in neighbouring countries have sent pot |
| » | Domestic political uncertainty and regional unrest eroded Lebanon market confidence in 2011, IMF An IMF report issued as article 4 consultation said that Lebanon’s economy lost momentum after four years of impressive economic growth. The fall of the coalition government in January 2011, and prolonged talks over the make-up of the new government until its formation in June, shook market confidence. Compounded with the regional unrest, this led to an economic downturn. Growth is expected to drop to 1–2 percent in 2011 from 8 percent on average during 2007–10, with real estate, tourism, retai |