Global trade to grow by 3.3% in 2013
The World Trade Organization revised downward its projection for world trade growth in 2013 to 3.3% in real terms from...
Business & Economy
High oil prices insulating GCC from political uncertainties
Standard & Poor's indicated that high global oil prices are promoting growth in the countries of the Gulf Cooperation Council...
Loans portfolio for Saudi banks exceed $266.6 billion mark
Saudi banks continue to support the macroeconomic conditions by providing the necessary financing for local businesses. The depositary base reached...
Qatar to buy 40% in Milan's Porta Nuova property development
Qatar Holding LLC has agreed to buy a 40 percent stake in Milan's real estate development project Porta Nuova for...
Oman's economy up 11.6% in 2012
Strong oil prices and high public spending boosted Oman's GDP by nearly 11.5 per cent in current prices in 2012...
Kuwaiti government approves 25 Airbus order
The Kuwaiti government has approved an order from state-owned carrier Kuwait Airways for 25 new Airbus planes with an option...
How should we spend the oil wealth?
Lebanon is years away from filling its coffers with money gained from drilling the seas for oil, but that isn’t...
$150 billion investment from Iraq government to magnetize aviation industry giants
In this September, Global aviation industry giants are expected to visit Iraq for attending major events. Industry giants will have...
Qatar’s population nearing 1.95 million
The country’s population stood at the highest ever in its history, as per the findings of the Qatar Statistical Authority...
Qatar Foundation Endowment buys 5% of India’s Bharti Airtel
Qatar Foundation Endowment (QFE) announced that it has entered into a binding agreement with Bharti Airtel (Bharti), a leading global...
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