Arab equity markets up 4%
Arab stock markets increased by 4.3% and GCC equity markets rose by 3.9% in the first 10 months of 2012...
Business & Economy
Iraq‘s fiscal surplus projected at 2% of GDP in 2013
Citigroup indicated that the Iraqi Cabinet ratified the 2013 draft budget that includes spending of 138 trillion Iraqi dinars ($118.3...
Etihad inks $418 million deal with Airbus
Etihad Airways , the national airline of the United Arab Emirates, yesterday announced it has purchased two more Airbus A330-200...
EFG Hermes seals JV with QInvest and eyes Turkey, Iraq, Libya
Egyptian investment bank EFG Hermes aims to expand into Turkey, Iraq and Libya and plans to grow its asset management...
Italy’s Eni Consortium to invest $18 billion in Iraq’s Zubair oilfield
The CEO of Italian oil and gas company Eni, Paolo Scaroni, said he expects the consortium led by Eni to...
Railway boom to shape Gulf economies in $100 billion project
Official figures suggest around $100bn may be spent by the end of this decade laying over 6,000km (3,750 miles) of...
Banks to play key role in Qatar infrastructure push
Qatari banks are bulking up to play a role in funding the country's massive infrastructure expansion. But in a country...
FDI in Arab countries totaled $790.2 billion
Ernst & Young indicated that foreign direct investment (FDI) in Arab countries totaled $790.2bn and increased at a compound annual...
Consumption in KSA remains the fastest growing in the region
With the oil boom supporting income growth, Saudi Arabia’s consumption growth in the past decade was among the most stellar...
New taxi service launched in Qatar
Some 80 new taxis, with navy blue roofs, belonging to the Al Ijarah Holding company hit Doha roads during Eid...
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