Omani Banks' investments in foreign securities soar on surplus liquidity
Oman's commercial banks have raised their investments in foreign securities significantly this year amid surplus liquidity in the local banking...
Business & Economy
Lebanese invest in Kurdistan region of Iraq
As you wait for your bags at the airport in Erbil, the capital of the northern region of Iraq, a...
GCC fiscal surplus to increase to 14% of GDP
Barclays Capital projected economic real GDP growth in the economies of the Gulf Cooperation Council at 5.5% in 2012 and...
Qatar to invest up to $5bn in Bangladesh
Qatar will invest up to $5bn in Bangladesh for infrastructure development, including projects in power sector, roads, airport and river...
Sharjah in search of FDI
Stepping up efforts to attract foreign investment to its shores, Sharjah is reaching out to the global market to spur...
Saudi Arabia to be fastest growing G20 economy after China
Saudi Arabia will emerge as the second fastest growing G20 country after China this year, while Gulf economies will outpace...
Emirates Steel completes Dh7 billion phase 2 expansion
Abu Dhabi’s Emirates Steel opened the Dh7 billion Phase 2 expansion program which has soared its output to 3.5 million...
$5 billion Qatari grant to Jordan
Jordan and Qatar discussed Qatar's contribution to the a $5 billion grant for Jordan that was endorsed by the Gulf...
GCC reinsurance market worth over $5 billion
Market sentiment remains upbeat among reinsurers and brokers operating in the countries of the Gulf Co-operation Council (GCC). According to...
Bahrain the most economically free country in the MENA region
The Fraser Institute issued its latest 2012 annual report titled “Economic Freedom of the World”, in which it noted that...
The latest Middle East Business News & Events brought to you on a daily basis from multiple credible news portals around the world