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Prince Alwaleed Rises to 19 in Forbes Rich List

Kingdom Holding chairman Prince Alwaleed has risen three places in the Forbes Rich List, published on Thursday. Saudi Arabia’s richest man was ranked 19th in the 2010 list with a fortune of $19.4bn, more than $6bn better off than the previous year. Also in the top 100 of the list were Saudi Arabia’s Mohammed Al … Continued

Arab-American Women Build Online Cooking Ventures

Many Arab-American women hold reputations among family and friends as great chefs of Middle Eastern food. Building on their domestic culinary success, Arab-American women for decades have opened Middle Eastern restaurants that enhanced America’s gastronomic landscape. Today, Arab-American women are taking their culinary knowledge to a new level. Using recipes passed down through generations, these … Continued

Towards Sustainable Growth in Lebanon

A new report surveys the recent buoyant performance of the Lebanese and looks at the prospects for its sustainability over the next few years. Bank Audi estimated Lebanon’s GDP growth in 2009 at 7 percent which was driven by both improved consumption and investment. All major real-sector indicators registered positive growth during the year, supporting … Continued

California Pizza Kitchen Expands Middle East Franchise Agreement

California Pizza Kitchen is set to expand its presence in the Middle East. The USA-based pizza restaurant chain has expanded its original agreement with its Middle East Master Franchise Owner Gourmet Gulf Company, which will see 19 restaurants open across the Middle East. In the original Master Franchise agreement, Gourmet Gulf Company was to open … Continued

Between the Lines: An Interview with Fashion Designer Rami Kashou

After taking 2nd place on the reality TV show competition “Project Runway”, Rami Kashou and his definitive designs were catapulted into the mainstream. After the show’s end in 2007, Rami launched a global clothing line. Now, his fashions are found all over the world’s top runways as well as in the closet of celebrities such … Continued

Arab American Pharmacies Struggle to Stay Open

Arab American-owned pharmacies are struggling to stay in business, with some possibly shutting down, reports Aramica Newspaper. According to the news report, recent state budget cuts are squeezing businesses, and have contributed to the closure of 1,000 independent pharmacies statewide in 2009. Last September, the state had a four-percent roll back on Medicaid reimbursement rates … Continued

Dubai Diners Flock to Eat new ‘Camel Burger’

A new fast food sensation has hit the Emirates’ culinary scene. Right now, Dubai diners can’t seem to get enough of the “camel burger.” “It’s a sensation,” Ramesh, restaurant manager at “Local House” the restaurant chain behind the burgers told CNN. “Everyone’s bored of beef and chicken. So, as soon as the word got out, … Continued

Hasib Sabbagh Passes: Construction Industry Entrepreneur and Philanthropist

Hasib Sabbagh was a Christian Palestinian businessman who co-founded one of the largest building companies in the Middle East and used his vast wealth to fund Palestinian and Arab charities and many causes dedicated to peace and reconciliation. He was influential in urging Palestinian leaders to seek peace and justice through negotiation rather than armed … Continued

Saudi Arabia Economy’s Unrivaled Strength

The economy of Saudi Arabia is one of “unrivaled strength”, according to a new in-depth report. Prudent managing of the economy has given the Kingdom a surplus from years of high oil prices that is allowing it to push ahead with its investment agenda amid the global economic downturn, concludes Oxford Business Group in its … Continued

Bloomingdale’s Dubai Likely to be Only One Outside US

US luxury retail giant Bloomingdale’s has no plans to open further international stores, its chairman and CEO said on Sunday ahead of the launch of the chain’s first Dubai outlet. The Dubai outlet, Bloomingdale’s first venture outside its domestic US market, will not lay the ground for a string of locations in other emerging markets … Continued

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