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A daily monitor focus on Middle East economy. Avalaible in arabic and english.


Africa Cries: "Food is Not For Sale"
Beirut (Lebanon) | 5 June 2008 | New Orient News | A Decline at the Kuwaiti Stock Market Syriatel launches the Service of International Phones During Air Flights The Real Estate "GR8" Company Launches the Project of "Burj Al-Buhaira" in Ajman A Tunisian Promotional Campaign Till 2011 16 Billion Syrian Pounds, the Value of 4 Tourist Projects in the Syrian Governorate of "Dara’"

The Drought Years
Beirut (Lebanon) | 4 June 2008 | New Orient News | Abu Dhabi for Investment Launches the 1st Projects of "Porta Moda" in Morocco The Syrian Telecommunications Establishment Gains Revenues of one Billion Syrian Pounds in 2007 Launching the Real Estates "Divine" with a Capital of 500 Million Dirham Laying a Pipeline Connecting The Caspian Sea with the Arabian Gulf "Dar Al-Istithmar" Sells a Share at "Al-Sham" Bank

Inflation in Kuwait Reaches 10%
Beirut (Lebanon) | 3 June 2008 | New Orient News | Algerian Internet Pirates Sneak to the Web Site of the Israeli Web Site 50000 Job Opportunities Provided by the Tourist Investments in Syria Google Profits Reach $ 1,3 Billion "Al-Doha" Bank Plans for Acquisition Deals by a Value of $ 300 Million in 2008 Calls for Including the Free Zones Within the Agreements of Trade Zones

The Cake of the Antarctica
Beirut (Lebanon) | 2 June 2008 | New Orient News | Will The Number of Tourists Visiting Lebanon Increase Following Doha Agreement The Emirati Aldar Company Launches "Bani Yas" Towers "Netgear" Seeks to Strengthen Cooperation with "Aramco" The Syrian Insurance Sector Grows by 22,3% The Opening of Women World Exhibition in Damascus

The Era of Cheap Food Has Come to An End
Beirut (Lebanon) | 31 May 2008 | New Orient News | Jumeirah For Real Estates Offers 70 Luxurious Villas For Sale in Juniper Way The Islamic " Saba" Company Gains Profits of 562000 Riyals 3,3 Million Subscribers in "SyriaTel" A French Delegation Concludes the Program of Solidarity Tourism in Naples Tourist Activities Gain a Big Momentum in Lebanon

Gulf Standards Company Sacrifices Senior Officials For Continuing Oil Exploration in Syria
Beirut (Lebanon) | 30 May 2008 | New Orient News | Iran Inaugurates the 1st Foreign Bank in Its Economy An Increase of 51% of the Profits of the Tunisian Bank Egypt Builds 315,000 Hotel Rooms by 2017 Re-Launching " Beit El-Deen" Summer Festival-2008 The Kuwaiti Financial Centre Offers Luxurious Housing Units for Sale in Beirut

Wealthy People in the UAE Should Shoulder a Social Responsibility
Beirut (Lebanon) | 29 May 2008 | New Orient News | The Real Estate "Abyaar" Company Launches Real Estates in the UAE The Real Estate "Dyar" Sells the Project of "Mirar Residence" Within Hours of Its Announcement A Slight Rise at Dubai Stock Market and A Slight Decline at A bu Dhabi Stock Market A 6% Increase of the Profits of " Vodafone" I 2006-2007

Syrian Minister of Transportation Says His Country’ Airlines Fleet Declines
Beirut (Lebanon) | 28 May 2008 | New Orient News | The Liberalization of the Syrian Banks Achieves Good Progress A Memorandum of Understanding for Organizing an Exhibition for Syrian Products in Ukrain The Qatari Index Exceeds 12000 Points The 5th International Exhibition for Construction in the Iranian "Kish" City Syrian-Kuwaiti Talks for Financing Developmental Projects in Syria

Shocks of World Economy Have Not Ended Yet
Beirut (Lebanon) | 27 May 2008 | New Orient News | The Saudi Market Continues Decline in The Test of Points of Support" An Exhibition for Domestic Tourism For The First Time In Syria The Real Estate " Burjal" Launches a Housing Unit by 15 Billion Dirham in Ajman 35 Million Euro From the Program of Financing the Arab Trade to Masqat Bank The Saudi "Mobili" Company Increase its Share in the Market by 2008

The Problem of Housing
Beirut (Lebanon) | 26 May 2008 | New Orient News | The Exhibitions of the Industrial "Sima" ane "Electric" For Industrial Atomization in Damascus The E.U. is to Freeze Iranian Assets Merrill Lynch Says: A Green American Light for the GCC Countries to Change Exchange Rates An Increase Of 17% In the Syrian Tourist Sector Syria Ahead of 17 Countries Among 127 In Terms of the Readability Of The Internet Website

Will the Golden Age of Oil Come To An End?
Beirut (Lebanon) | 24 May 2008 | New Orient News | "Emaar-Egypt" Launches Its Selling at the Two Projects of "Marasi" And "Ape Town -Cairo" The Holding "Sham" Company Receives the Project of Al-Karnak" A Corrective Movement at Qatar Financial Market $ 60 Billion Transformed from the Gulf Into Asia $ 1,4 Billion, the Outcome of Palestine Conference on Investment

After the Satellite Channels, A Document For Organizing E-Transmission
Beirut (Lebanon) | 23 May 2008 | New Orient News | Division In Opinion On the Results of Lifting Up the Subsidies of Gasoline More than 6,5 S.P. , The Total Volume of Tourist Investments in Idleeb Prices of Lebanese Shares Continue to Rise for The Second Day Consecutively "Zuaibel" for Real Estates Builds " Tiara" Village in "Nakhlet Jumaira" The Exhibition of Project Lebanon 2008

OPEC Will Not Move, and Prices Are Not Governed by the Market
Beirut (Lebanon) | 22 May 2008 | New Orient News | Al-Dardari At Buildex Exhibition- 2008 Iraq to Increase its Oil Production by 500.000 Barrels Daily Prices of the Lebanese Shares Rise Following Doha Agreement "Al-Arabi"Bank Helps "Zain" Company to Have $ 1,2 Billion Omantel Authorizes "City Bank" for Selling 25% of its Shares

Volume of the Real Estate Financing Doubles in the UAE
Beirut (Lebanon) | 20 May 2008 | New Orient News | More than $ One Billion, the Revenues of the Domestic Tourism in Syria Decline at "Al-Riyadh" Financial Market Continues The Emirati Etisalat Receives a Proposal For Granting it a License in Iran "Tecom" Discusses Joint Project with "Del" and Signs 3 Deals of Acquisitions "Ras Al-Kheima" Exhibition for Real Estates and Investment Next Thursday

The Future of the Middle East
Beirut (Lebanon) | 19 May 2008 | New Orient News | "Buildex- 2008", the First in the Region In Figures and Statistics The Arab Take Part With Europe for Developing Tourism in the Middle East The Biggest Syrian Bank Launches New Electronic Services " Arabtec" For Construction Signs an Agreement with The Company of Tourist Development and Investment " Aser" Achieves 22% of the Volume of Sales of Portable Computers

Economic Terrorism
Beirut (Lebanon) | 17 May 2008 | New Orient News | The Bahraini "Arij" Records $ 3 Millions of Net Profits The Libyan "Group of Investors" Signs an Agreement for Establishing a Giant Establishment Governor of Lebanon Central Bank Says The Currency Market Works Very Well "Al-Kurafi" Group Establishes "Kiwan" Company for Tourist Investment in Syria Hotels Of Geneva are Completely Reserved for the Gulf Citizens

100 Million Dinars, the Volume of Trading At The Market of Watches
Beirut (Lebanon) | 16 May 2008 | New Orient News | Jordan Hosts The Annual Conference for The Integration of Media and Telecommunications The Islamic Development Bank Establishes a Centre for Developing the Bahraini Exports Malaysia Sets a Plan for Attracting 400000 Arab Tourist in 2008 Syria Takes Part at Biong Yang and Seoul Exhibitions Dolphin for Energy Intends to Loan $ 3,45 Billion

The Gulf Countries Face the Danger of Inflation
Beirut (Lebanon) | 15 May 2008 | New Orient News | 4 Billion Dinar, Profits of the Gulf Investment House Decline at the Emirati Financial Markets Revenues of Alexandria’s Bank Increase by 58%The Greek Intercom Company Concludes a Deal with Syria by 40 Million Euro Profits of Airbus Sales increase in the First Quarter of 2008

150 Tourist Projects Awaiting the Infra-Structure
Beirut (Lebanon) | 14 May 2008 | New Orient News | Activities of Buildex Exhibitions Start In Damascus Agility Considers Selling A Share to Foreign Investors The Real Estate "Nakhil" Concludes a Deal with "Al-Jaber" for Developing 740 Villas in "Vinito" Project HSBC Cancels $3,2 Billion of its Debts Revenues of "Unicorn" Bank Increases by $ 20 Million

Sales of Gold Increase in Dubai
Beirut (Lebanon) | 13 May 2008 | New Orient News | Arab Loss $ 964 million because of Piracy The Real Estate " Aradi" Company Launches " The Helices" Project in Abu Dhabi " Global" Buys 11% of the National Company for Consuming Industries Meetings of Housing Experts in Preparation for Tehran Conference The First Researches Center for Solving the Conflict at World Trade Organization in China

Steps in the Right Direction
Beirut (Lebanon) | 12 May 2008 | New Orient News | Tourist Investments in Kuwait are Bigger than that of the Industrial Investments and Dubai is Still on the Top The Kuwaiti " Al-Mustathmeron Al-Qabida" ( The Holding Investment Company) Establishes with Libya a Company with a Capital of $ 2 Billion Saudi Plans for Improving the Tourist Sector A Seminar for Discussing the Experience of the Iraqi Private Banks An Iranian-Made Carpet by $ One Million To be Exhibited In Dubai

The Sovereign Funds: The Economic Phenomena Of the 21st Century
Beirut (Lebanon) | 10 May 2008 | New Orient News | "Emaar – Egypt" Reveals its New Developmental Project in " Al-Qahira Al Jadida" ( New Cairo) City The Number of the Billionaires is Increasing The EU Grants Turkey a Loan of 300 Million Euro Kuwait Takes Part in the International American Economic Forum FAO Recommends of Pumping Bigger Investments in the Agricultural Sector

ASEAN Suspends Exporting Rice
Beirut (Lebanon) | 6 May 2008 | New Orient News | The Gulf Financing House Intends to Establish a Cement Company by $ 2 Billion The Tallest Hotel in the World Near "Al-Harem" by " Bin Laden" A partnership Between " Sabez" and the Kuwaiti " KASB" Company Sudanese President " Al-Basher" Opens the Sudanese - Jordanian " Al-Jazeera" Bank " Manafe" Company Launches its First Real Estate Projects in Al-Riyadh

The Figure " 25 " is the Most Circulated Figure in Syria
Beirut (Lebanon) | 5 May 2008 | New Orient News | The Kuwaiti " Dar Istithmar" Considers Selling a Share at "Al- Sham" Bank The Real Estate " Al-Dar" Company Signs An Agreement With "Taj" Company for Hotels A Turkish Telecommunication Company Denies Any American Pressures to Give Up Buying the Syrian " Syria Tel "Company $ 11 Billion from the Asian Development Bank to Combat Poverty The 14th Session of the International Construction Exhibition " Buildex – 2008 " Starts in Damascus

The Egyptian Gas Flows into Israel
Beirut (Lebanon) | 3 May 2008 | New Orient News | Washington Exercises Pressures on The Turkish "Turkcell" to Give Up Buying the Syrian "Syriatel" Company Profits of The Lebanese Bloom" Bank Increases by 21% During the First Quarter Beirut Hosts the 16 Arab Economic Forum Profits of " Al-Wataniya" Telecommunications Company Increases by 19,1% An Investment Conference for Activating Relations Between Russia and the Islamic World

Who to Protect the Livestock Wealth?
Beirut (Lebanon) | 2 May 2008 | New Orient News | Syria Hopes to Attract 10 Million Tourists by 2015 566 Million Dirham , The Profits of Dubai Islamic Bank Syria Allows to Import the Turkish Products The Real Estate " Khoyoul" Launches the Project of " Stallion Tower" The Trade Council of the Union of the Countries Overlooking the Indian Ocean to Be Held In Tehran

The Gulf Financing House Achieves Net Profits by $ 116 Millions
Beirut (Lebanon) | 30 April 2008 | New Orient News | The Gulf Financing House Achieves Net Profits by $ 116 Million Emaar Grants Bin Laden Group a Contract Estimated at 104 Billion Riyal Egypt Expects Revenues by $ 12 Billion From Tourism Syrian Tourism is Improving: A Report by the International Council of Travel and Tourism

An International Solidarity for Combating Malaria
Beirut (Lebanon) | 29 April 2008 | New Orient News | 15 International Banks Grant "Invest Corp" $ 243 Million The Turkish Minister of Trade at Damascus International Furniture Show The 1st International Conference for In-House Decoration and Design In Tehran Kuwait Trade Bank Holds Talks for buying a Share at An Iraqi Bank

Inflation and Growth Rate
Beirut (Lebanon) | 26 April 2008 | New Orient News | The Real Estate " Manazel " Company Develops Projects by 40 Billion Dirham The Kuwaiti " Agiliti" Plans to Sell Shares by a Value of $ 452 Million 60 Tourist Projects for Syrian Investors in Syria The Conference of the Sustainable Development in the Islamic World Next May An International Conference for Discussing the Issue of the Surge of Prices World wide

The Surge of Prices Threatens the Euro
Beirut (Lebanon) | 25 April 2008 | New Orient News | “Alcatel” Builds “ W-Max” Network in Libya by A Value Estimated at $ 60 Million 20% , An Expected Increase of Incomes in Egypt The first International Exhibition of Gold In THE Iranian City of Mashhad Iraq Says It Will Cancel the Contracts of the Foreign Companies Unless They are Concluded By June 50 Million Dirham, Thee Profits of the Emirati “ Capital” in 2007

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