Dubai Cable Company to invest $274 million in two facilities
Dubai Cable Company (Ducab), the Middle East's power cable and wires manufacturing major, will invest around AED1 billion ($274 million)...
Business & Economy
Abu Dhabi sets up financial free zone
Abu Dhabi is starting a financial free zone on its Al Maryah Island that could pose a direct challenge to...
GCC petrochemicals capacity set to soar 50% by 2020
The GCC petrochemicals and chemicals capacity is forecast to reach 191.2 million tons by 2020, a staggering 50 percent increase...
World's largest steel producer opens Mideast hub in Jebel Ali
ArcelorMittal, the world's largest steel manufacturer, has established a new state-of-the- art trade hub in Dubai's Jebel Ali Free Zone...
Saudi Arabia largest market for car parts in the Gulf
The countries of the Middle East continue to be an extremely attractive market for the automobile sector, thanks to strong...
Sukuk issuance to hit $275 billion by end 2013
The volume of sukuk (Islamic bonds) issued by end of the first quarter of 2013 reached $34.2 billion, increasing on...
Abu Dhabi Louvre Museum Exhibition opens to public
Art collectors, enthusiasts, and lovers of art in general will all find a home at the Louvre Birth of a...
Health records in Qatar to go electronic by next year
Hamad Medical Corporation ( HMC ) will implement a Clinical Information System (CIS) by next year that will lead to...
Oman economy to grow 4.2%
The sultanate's economy is projected to grow 4.2 per cent in 2013 and 3.5 per cent in 2014, according to...
Qatar targets $1.1 billion non-oil exports in 2016
Qatar plans to increase its non-oil exports to close to QR4 billion a year by 2016 from a little over...
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