|      |          |               |         |      |              |      |        |      |      |      |              |         |          |        | UAE inflation eases in 2014 |          |        | The UAE's inflation rate has eased to 2.8 percent year-on-year in November according to the data from the National Bureau of Statistics.  |         |          |        |     |          |      |      |       |              |               |          |        | Oil prices will improve – Saudi minister |          |        | The lack of cooperation from producers outside the Organization of the Petroleum Exporting Countries (OPEC) led to a continuous fall in oil prices, says Saudi Arabia's oil minister. |         |        |          |     |          |          |      |      |       |              |               |          |        UAE records highest inflation among GCC states
 
  |          |        | Inflation in the GCC ranged between 1.02 per cent and 3.11 per cent in October 2014, when compared to the same month in 2013, says a report from the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat). |          |        | Read more » |        |          |     |          |          |      |      |      |      |              |         |          |        Survey reveals Lebanese spending habits
  |          |        Sixty-five per cent of Lebanese prioritize spending on luxury experiences, which is above the regional average of 59 per cent, a recent American Express survey says.   |         |          |        |     |          |          |          |          |        |      |          |    |          |          |        |      |          |