Foreword
As the oil-rich Middle East North Africa (MENA) region witnesses a period of political unrest, AMEinfo.com looks at how current events are affecting businesses and companies across industry sectors
Daily Middle East news on political unrest »
Islamic Development Bank allots $2.5bn for Egypt development projects
Saudi-based Islamic Development Bank (IDB) has said it has allocated $2.5bn for development projects in Egypt over the next three years to support its economy, Reuters has reported. "To assure the role of the banking group in supporting the development efforts in Egypt, the group decided to offer $2.5bn in financing over the next three years, that will be intended to finance development projects," the bank said.- » Bahrain 'accepts' F1 cancellation
- » Moody's cuts Bahrain rating
- » KSA pledges $4bn aid to Egypt
- » Bahrain drops gas deal with Iran
- » Classes to resume at Bahrain University
- » Dubai expects to hit FDI target despite unrest
- » Shuaa Capital to cut 39 jobs
- » Egypt's GB Auto reports 88% drop in net income
- » Bahrain Petroleum's performance hit by unrest
Middle East unrest analysis »
Marriott continues rapid expansion in Middle East
Marriott International has announced that it is pushing ahead with its ambitious growth plans in the Middle East and Africa despite the unrest that has spread across the region. The US-based hospitality group says it now has 43 hotels under development or construction in the region, including a massive 1,614-room property in Dubai.- » Iraq's economy prospers amidst Middle East turmoil
- » Egypt's economy at a crossroads
- » Middle East unrest curbs global air traffic
- » Emirates remains confident despite oil price rise
- » Weekly FX Roundup: US Dollar suffers against major currencies as Gold, Silver rise on oil price fears
- » Analysts warn on Middle East unrest-fuelled oil price rises
- » Middle East North Africa stock exchanges suffer sentiment-led lows from upheaval
- » Middle East turmoil impacts regional indexes
- » Libyan oil infrastructure under threat as unrest escalates
Embassy advice »
Check here for the latest Embassy advice on the political unrest in the Middle East:
