Lebanon holds 18th highest gold reserves worldwide
According to the latest figures released by the World Gold Council, official gold holdings in Lebanon stood at 286.8 tons...
Economy
Saudi Arabia’s foreign assets surge by SR205 billion
Saudi Arabia's foreign assets increased by nearly SR205 billion in the first half of 2012 after recording one of their...
Oman posts record budget surplus
Oman's budget surplus surged to a record high of RO1.683 billion ($4.37 billion) in the first half of 2012, on...
$500 billion surpluses for GCC countries in 2012
KFH-Research prepared a report about the economies of GCC countries, where it expected that economies in that region will witness...
Mighty Saudi Economy
Numerous indications point to the steady growth of the Saudi economy, thereby further strengthening the global position of the kingdom's...
GCC on solid growth track
Backed by high oil prices, strong government financial balances and a continued wave of public spending on infrastructure projects and...
Abu Dhabi to see a strong economic performance
Buoyed by positive growth in 2011, Abu Dhabi looks set to see a strong economic performance again this year. Though...
IMF: Saudi economic outlook 'broadly favorable'
The outlook for Saudi Arabia's economy is "broadly favorable", with real gross domestic product (GDP) expected to grow by six...
Saudi SIDF provides SAR2.9b in loans to promote non-oil exports
The Saudi Industrial Development Fund , or SIDF , has approved 2.9 billion Saudi riyals ($733 million) in loans to...
JP Morgan highlights Lebanon’s resilience to neighboring conflicts
JP Morgan issued a note on Lebanon in which it indicated that the civil strife in neighboring countries does not...
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