Economics The prime minister of the United Arab Emirates has announced approval of a 2013 federal budget that is heavy on social spending but without the deficits of the last two years. More from Arabian Business The Egyptian government has decided to allow residents of Sinai to own their land in the peninsula, state media has reported. According to Prime Minister Hisham Qandil, applicants need to prove they do not have a second nationality, and confirm that both their parents are Egyptian. More from AME Info Iran banned the export of around 50 basic goods, its media said on Tuesday, as the country takes steps to preserve supplies of essential items in the face of tightening Western sanctions. The Islamic Republic is under intense financial pressure from US and European trade restrictions imposed over its disputed nuclear programme. More from Reuters Egypt has unveiled plans to set
