Lebanon’s travel and tourism industry to generate a total of $11.1 billion in 2013
The World Travel & Tourism Council (WTTC) estimated that the travel & tourism (T&T) industry’s direct contribution to the Lebanese...
Business & Economy
Revenues through Port of Beirut up 4% to $2.7 billion in 2012
Figures released by the Port of Beirut show that overall receipts generated through the port reached $2.7bn in 2012, constituting...
SMEs in the UAE receive $275 million funding
International banking heavyweight HSBC announced in a media statement that it has fully allocated its Dh1 billion ($275 million) UAE...
Qtel rebrands as Ooredoo in major global initiative
Qtel Group and its operating companies worldwide have been unified under a new brand - Ooredoo as part of the...
Lebanon's IT market to reach $364 million in 2013
Business Monitor International estimated the size of the Lebanese information technology (IT) sector at $336.7m in 2012, constituting an increase...
UAE will have its first national train network by year end
Etihad Rail – the developer and operator of the UAE’s national railway network – announced that it has secured financing...
Dubai Metro’s close to 421 kilometers by year 2030
The total population of the emirate of Dubai is anticipated to be 6.1 million by 2030. Speaking to the Al...
Zain KSA boosts Internet services through 4G/LTE
ZAIN KSA has recently introduced a number of development and expansion projects which unsure its unique position in the field...
Qatar seeks to spread the wealth with IPO bonanza
Qatar's planned IPO bonanza may be socially driven but it looks a bit ambitious from a financial standpoint. The Gulf...
Saudi Ma'aden signs $266.6 million gold mining deal
Saudi Arabian Mining Company Ma'aden announced that its affiliate Ma'aden Gold and Base Metals Company (MGBM) has signed a contract...
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