Law to regulate public-private partnership in Qatar soon
Qatar hopes to soon have a law in place to regulate public-private partnership (PPP) which would allow the private sector...
Business & Economy
Jordan endorses a $10.5 billion 2013 budget draft law
Jordan’s Minister of Finance Suleiman Hafez announced that of the total budget figure, JD6.210 billion ($8.740 billion) is allocated for...
Dubai increases spending by 6% in 2013
Dubai has released a 2013 budget plan that would raise spending moderately while cutting the size of its deficit by...
Saudi insurance sector expected to grow by 13% in 2013
A number of executive officials of several insurance companies agreed that the annual growth rate of the insurance sector would...
Robust performance of Saudi banking sector in 2012
The banking sector in the Kingdom of Saudi Arabia remains in good shape, reflected by robust financial profiles across the...
Strong demand from China to propel GCC exports
Exports from the GCC countries to China rose to $7.1 billion in October from a yearly low of $4.9 billion...
Less customs duties on gold to boost GCC trade
The reduction of customs duty on gold and jewelries would boost mutual trade and further expand commercial relations between member...
KSA passes a record 2013 budget with $219 billion expenditure
Saudi Arabia boosted its 2013 public expenditure target to SR820 billion ($218.7 billion) as the Saudi King Abdullah approved the...
The renaissance of Saudi aviation
With the entry of new airlines, a tough competition is expected in Saudi Arabian domestic and international flight operations. Qatar...
World's largest butanol plant to go on-stream in Saudi Arabia in 2015
A three-way shareholders agreement to establish the Saudi Butanol Company, which will produce butanol to support the continued growth of...
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