Lebanon to launch new telecoms tender in sector revamp
Lebanon will launch a tender to run its two state-owned mobile phone operators, currently managed by Kuwait's Zain and Egypt's...
Business & Economy
Qatar's international reserves rebound to $40 billion in a year
Favorable energy prices and prudent fiscal management had led to a "rebound" in Qatar's international reserves to $40bn in November...
Assets of Lebanon’s Central Bank grow 8.4% to $77.9 billion
Total assets of Lebanon’s Central Bank reached $77.9 billion by January 2013, up by 1.5% since year start and 8.4%...
UAE draft law allows full foreign ownership of firms
The Federal National Council (FNC) will be reviewing a draft commercial companies law that would allow full foreign ownership of...
Container activity at Port Of Beirut surges 15.42%
The total container activity at the Port of Beirut (PoB) increased by 15.42% y-o-y during the first month of 2013...
Jordan receives $200 million Saudi grant
Finance Minister Suleiman Hafez said that Jordan has received an additional grant from Saudi Arabia totaling $200 million, ordered by...
Saudi economy to grow 230% by 2030
Saudi Arabia's economy will more than treble to $3 trillion by 2050, making it the 18th largest economy in the...
Iraq's ports record highest-ever returns
Revenues from Iraqi ports reached $30 million in December 2012, the highest monthly yield in their history. Meanwhile, the Ministry...
Qatar Airways expands network in Iraq
Qatar Airways has introduced its latest gateway in the Republic of Iraq with the launch of scheduled flights to the...
Plans to give e-learning a significant boost in Saudi Arabia
The technological revolution has transformed the face of education, allowing people greater access to knowledge and skills in a convenient...
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