Middle East Business Review – 5 Apr

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A look at today’s financial news and business updates from the Middle East region

UAE the happiest country in the Middle East – UN report

A United Nations report has ranked the UAE as the happiest place in the Arab World. The First World Happiness Report placed the nation on 17th position on a global basis, making it the most happiest country in the Middle East. Click here to read more…

UAE, Lebanon to strengthen economic relations

Sultan Al Mansoori, UAE Minister of Economy, and Nicolas Nahhas, Lebanon’s Minister of Economy, announced they have decided to engage in an integrated action plan that will boost economic relations between the two countries. Click here to read more…

Kuwait to resume flights to Iraq after 21 years

Kuwait announced it will resume flights to Iraq later this month after a 21-year lapse between the two countries. Al Iraqiya TV channel quoted Ali Al Mu’min, Kuwait’s Ambassador Iraq, as saying that Jazeera Airways will run flights to Iraq on 17 April. Click here to read more…

Saudi rules out sending female athletes to London Olympics

The Saudi Olympic Committee chief has denied the Kingdom is sending women athletes to London Olympics this summer, local newspapers reported on Thursday. Click here to read more…

Turkish economy to grow more than 5% in 2012

Turkey has announced its economy may grow more than the forecasted five per cent this year, surprising many economists who believed unrest in neighbouring Syria will slow down growth. Click here to read more…

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