Business Blog

Kuwait’s Jazeera Airways maintained double-digit market share on the Kuwait-Dubai route in April, according to data released by the airline.

Residents will be able to monitor and limit power and water bills in near-real time on smart devices by 2015.

A passenger ferry service between Abu Dhabi and other Gulf cities may become a reality soon, providing a relaxing and entertaining travel option to the residents of Gulf countries, a top official told Gulf News.

Around 35 percent of SMEs in the MENA region are excluded from the formal banking sector because they are seeking Shariah-compliant products that are not readily available in the market.

DUBAI, June 15 (Reuters) - Here are some factors that may affect Middle East stock markets on Sunday. Reuters has not verified the press reports and does not vouch of their accuracy.INTERNATIONAL/REGIONAL* GLOBAL MARKETS-Iraq unrest drives up oil; shares edge higher MKTS/GLOB* Oil prices climb again amid escalating violence in IraqO/R* Iraq says slows Islamist rebel advance, regains some territory

Cold, hard economic proof that the poor is getting poorer and the way it is playing out in the Western world.