Saudi Arabia accounts for 60% of air charter trade in the Middle East
Saudi Arabia commands 60 percent of the air charter business in the Middle East, according to Private Jet Charter (PJC),...
Business & Economy
FDI inflow to GCC stays steady at $26 billion
Foreign direct investment (FDI) inflows to West Asia in 2012 continued a downturn that began in 2009, according to the...
Bahrain: Insurance looks to health cover for growth
Long a leader in the region’s insurance industry, Bahrain is now facing rising competition, although plans to make medical coverage...
Petrochemical production in Qatar hits 16.8 million tons
Petrochemicals production in Qatar hit 16.8m tons in 2012, making it the second largest producer in the GCC downstream sector,...
World Bank: Omani development model unique in the Arab world
A new World Bank report has praised Oman’s development model post-Arab Spring that could serve as a source of inspiration...
Kuwait eyes foreign investment
Kuwait is hoping to turn its fractious political climate to its economic advantage, projecting itself as an open democracy in...
Policies to make public transport more popular in Saudi Arabia
The Ministry of Transport is seriously considering bringing about major policy changes not only to encourage people to use public...
Lebanon raises $466 million from T-bill issue
Central Bank governor Riad Salameh said that Lebanon successfully raised LL700 billion ($466.6 million) from the sale of eight- and...
Companies in GCC need more IT security
More than 65 per cent of IT experts in the Gulf Cooperation Council (GCC) believe the region is a prime...
Jordan: Push to remove auto insurance cap
While motor coverage is a low-profit line of business in many countries, Jordan has seen this segment of the insurance...
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