Saudi King proposes to add $10 billion into funds for Arab investment
Minister of Foreign Affairs Prince Saud Al-Faisal said that the initiative of Custodian of the Two Holy Mosques King Abdullah...
Business & Economy
GCC to boost aluminum output by 40%
With global demand for aluminum estimated to increase and reach 70 million metric tons per year by 2020, GCC countries...
Old Doha airport to be in service till year-end
When the New Doha International Airport opens on April 1 this year it will operate simultaneously with the existing airport...
Oman’s economy to grow by 5%
International credit-rating agency Standard & Poor's predicted a stable outlook for Oman's economy, with a real growth of five per...
Qatar leads rise in global LNG production
Qatar is leading the increase in the global supply of Liquefied Natural Gas (LNG), as its output grew by a...
New car sales in Lebanon up by 9.3% in 2012
According to data compiled by the Association of Car Importers in Lebanon, the number of newly registered car sales stood...
$330.7 billion record Saudi revenues during 2012
The Saudi economy has registered a record SR 1.24 trillion in actual revenues during 2012, yet liquidity levels remain relatively...
Fourth telecoms provider in Jordan?
The government is working hard to keep telecoms investment from leaving the country and expand the sector’s role in domestic...
Deal signed for Saudi Arabia's first factory to make trailers
Saudi and Turkish investors have reached an agreement to establish the Kingdom's first factory to build trailers and containers at...
Saudi Arabia offers three new telecom licenses
Saudi Arabia's telecoms regulator has a set a May 4 deadline for companies to submit applications for three mobile virtual...
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