GCC economies would remain solid in 2013
In its quarterly report on the credit overview of GCC countries, Fitch Ratings forecasts that economic growth in the GCC...
Economy
Dubai economy seen staying strong
Dubai's economy expanded 4.1 percent from a year earlier in the first half of this year, official data showed on...
Oman budget expenditure seen at $33.75 billion in 2013
Oman's total budget expenditure for financial year 2013 has been estimated at RO13bn, which is around 29 per cent higher...
Iraq imports 70% of its needs
Iraq imports 70% of its requirements from the foreign countries, especially neighboring states, said the head of the Iraqi Chamber...
Net profits of Lebanese insurance companies up by 26%
According to the Association of Insurance Companies in Lebanon (ACAL), net profits of insurance companies in Lebanon reached US$ 111.4...
Dubai looks for boom without bust as construction picks up
Many of the projects relaunched this weekend are those from the emirate's pre-crisis days - such as expanding the Business...
Abu Dhabi’s GDP estimated to grow at 5.7% between 2013-2016
The emirate of Abu Dhabi’s gross domestic product (GDP) is estimated to grow at an average annual rate of 5.7...
Oman: IMF pushes SME finance
Having maintained 47th place on the World Bank’s latest global survey regarding the ease of doing business, Oman has benefitted...
Saudi Arabia witnessed unprecedented development in 2012
Saudi Arabia witnessed unprecedented progress in the educational, health and industrial sectors during the Hijrah year 1433 (2012) which ended...
Dubai predicts stronger growth
Dubai has revived its growth forecasts in a sign of the indebted emirate's growing confidence in its nascent economic recovery....
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