Ras Al Khaimah: Year in Review 2012
The economy of Ras Al Khaimah (RAK) has continued to expand, and while final year-end 2012 figures for growth have...
Business & Economy
Doha Bank to increase capital by 50%
Doha Bank announced plans to increase its capital by 50%, with 25% raised through a local rights issue and the...
UAE GDP to grow 4% in 2013
The UAE's real GDP is projected to grow by up to four per cent in 2013, fuelled by strong crude...
Lebanon’s 961 beer launched in the United States
Starting January 2013, American consumers started having access to the Lebanese beer, 961 Beer. Founded in 2006, the brewery began...
Nominal GDP in GCC put at $1.56 trillion
Real GDP growth in the GCC is likely to have slowed from 7.8 percent in 2011 to an estimated 5.7...
Qatar: Year in Review 2012
A bid by Qatar’s government to consolidate several years of economic expansion, while channeling a budgetary surplus towards large-scale capital...
Qatar set for record surplus in 2013
Qatar is set to post another year of record surplus with oil price averaging $108.5 per barrel in the first...
Cyprus and Lebanon agree to boost cooperation in oil exploration
Cyprus and Lebanon agreed to boost cooperation and look into ways to explore gas and oil in their waters, President...
Nonoil Saudi GDP growth forecast at 6.3%
The Saudi Central Department for Statistics and Information released new revised GDP figures for the last three years showing that...
Dubai: Year in Review 2012
The emirate’s economy continued its recovery in 2012, with a number of key sectors posting high growth over the past...
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