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...
Business & Economy
Qatar the most competitive economy in the Middle East
The World Economic Forum's Global Competitiveness Report for 2011-2012, which ranks the world's fastest growing economies, placed Qatar 14th overtaking...
The World Bank helps in renovating cement factory in Iraq
International Finance Corporation (IFC), a member of the World Bank Group, is providing a $70m loan to help renovate a...
Saudi government’s incentives spurring growth in industrial investment
Commerce and Industry Minister Tawfiq Al-Rabiah emphasized the government’s efforts to strengthen the country’s industrial sector by offering incentives to...
Saudi Arabia’s real GDP growth up to 5.9%
The Central Department of Statistics in KSA announced that the Kingdom’s real GDP growth strengthened to 5.9% year-on-year in the...
The Middle East is the world’s 10th largest market for luxury goods
“Bain & Company issued its latest edition of the Luxury Goods Worldwide Market Study, indicating that the ME was ranked...
Abu Dhabi: Year in Review 2012
New developments in the logistics sector, alongside an increase in non-oil trade, are expected to keep Abu Dhabi’s economy on...
Lebanon: Year in Review 2012
It has been a difficult year for the Lebanese economy, buffeted by the ongoing civil war in Syria, with the...
Bahrain: Year in Review 2012
While 2012 may have been marked by an ongoing political stalemate and effects from regional and local unrest, Bahrain managed...
Jordan: Year in Review 2012
Domestic and external pressures have made it a challenging year for the Jordanian economy, with most indicators pointing to 2013...
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