Abu Dhabi: Airport passenger numbers increase by 14%
A multi-billion-dollar redevelopment plan for Abu Dhabi International Airport (ADIA) is expected to help the facility handle a rising number...
Business & Economy
Saudi auto imports to break 1 million units barrier in 2015
In 2011, Saudi Arabia recorded strong growth as the expansion of the oil sector was complimented by increased stimulus measures....
Saudi Arabia: Drive time
Plans to roll out full car production in Saudi Arabia, part of a broader program to expand the kingdom’s industrial...
Pharmaceutical expenditures in Lebanon projected at $1.36 billion in 2013
According to the latest Business Monitor International (BMI) pharmaceuticals forecast report, Lebanese pharmaceutical expenditures are expected to increase from $1.30...
Volvo Group Trucks foresees 30% growth in Middle East
Volvo Trucks, in collaboration with Iraqi partners ZamZam General, unveiled two new truck centers in Iraq with a third on...
Economic growth in Iraq to average 10.3% annually between 2013 and 2017
Business Monitor International revised downward Iraq's real GDP growth to 10.5% in 2013 and 10.7% in 2014, from previous forecasts...
Lebanese industrial exports up 13% to $1.2 billion
Figures released by the Ministry of Industry show that Lebanese industrial exports totaled $1.2 billion in the first four months...
Middle East Internet users to increase five times to 413 million by 2017
Cisco's Visual Networking Index Projects 413 million total Internet users In Middle East and Africa (MEA) by 2017, noting that...
Carlyle Group considers investing in Iraq
American-based private equity firm Carlyle Group is reported to be looking for opportunities in Northern Iraq. A report from Dow...
Abu Dhabi: Looking to add derivatives trades
As Abu Dhabi looks to develop its capital markets, it has again raised discussions of establishing a Gulf Derivatives Exchange,...
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