US Eximbank OKs $5.0 billion loan for Saudi petrochemical complex
The U.S. Export-Import Bank has approved a record-breaking $4.975 billion direct loan to help build a petrochemical complex in Saudi...
Business & Economy
MENA equity markets 'remarkably resilient'
While political events in the region continue to attract headlines, equity markets in the Middle East and North Africa (MENA)...
Iran to export gas to Iraq by mid-2013
Iran expects to begin exporting natural gas to neighboring Iraq by the summer of 2013, an Iranian official was quoted...
Omani Banks' investments in foreign securities soar on surplus liquidity
Oman's commercial banks have raised their investments in foreign securities significantly this year amid surplus liquidity in the local banking...
North Lebanon ripe for investment
North Lebanon has an array of untapped investment opportunities, the head of the Investment Development Authority of Lebanon said, vowing...
GCC fiscal surplus to increase to 14% of GDP
Barclays Capital projected economic real GDP growth in the economies of the Gulf Cooperation Council at 5.5% in 2012 and...
Qatar to invest up to $5bn in Bangladesh
Qatar will invest up to $5bn in Bangladesh for infrastructure development, including projects in power sector, roads, airport and river...
Lebanese invest in Kurdistan region of Iraq
As you wait for your bags at the airport in Erbil, the capital of the northern region of Iraq, a...
Sharjah in search of FDI
Stepping up efforts to attract foreign investment to its shores, Sharjah is reaching out to the global market to spur...
Saudi Arabia to be fastest growing G20 economy after China
Saudi Arabia will emerge as the second fastest growing G20 country after China this year, while Gulf economies will outpace...
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