Qatar raises 2014 GDP growth forecast to 6.3%
Qatar's economy is likely to grow 6.3 percent this year, much faster than previously expected and well ahead of other...
Business & Economy
Annual retail sales top $66 billion in the UAE
The GCC continues to show strength as a dynamic retail market with four countries ranked among the top 25 in...
4 firms to build $1 billion pipes plant in Saudi Arabia
Four companies from four countries -- Saudi Arabia, Germany, Czech and India -- have formed an alliance to build a...
Egypt aims for $10 billion in foreign investment
Egypt’s newly appointed Investment Minister Ashraf Salman said he targets $10 billion in foreign direct investment for the coming fiscal...
Qatar's GDP to touch $220.6 billion by 2015
Qatar's GDP is projected to reach $220.6bn by 2015, after jumping to $209bn by the end of this year, Arab...
Industrial investments in Qatar Reach $68 billion
The Minister of Energy and Industry Dr. Mohammad Bin Saleh Al Sada said that the ministry had provided a distinct...
Banks see opportunities in Egypt despite uncertainty
Egypt’s banking sector, which was impacted by the instability of the past few years, is beginning to see increased momentum,...
Recent growth in Jordan bodes well for recovery
Jordan’s economy appears to be back on track following multiple external shocks since late 2008, and, while growth remained relatively...
Saudi Arabia heading for real GDP growth of 4.3% in 2014
The National Commercial Bank (NCB) said in its new report that last year marked the slowest economic growth rate since...
Saudi car imports hit $20.5 billion
Saudi Arabia imported 981,000 cars in 2012 valued SR77 billion ($20.5 billion), or 13 percent of total Saudi imports in...
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