Saudi Arabia witnessed unprecedented development in 2012
Saudi Arabia witnessed unprecedented progress in the educational, health and industrial sectors during the Hijrah year 1433 (2012) which ended...
Business & Economy
Dubai predicts stronger growth
Dubai has revived its growth forecasts in a sign of the indebted emirate's growing confidence in its nascent economic recovery....
Qatar Telecom approaches banks for $1 billion loan
State-owned operator Qatar Telecom ( Qtel ) has sent out requests for proposals (RFPs) to banks for a syndicated loan...
EU's gas imports from Iraq could initially be 5bcm-10bcm/year
The European Commission hasn't forecast a date for possible natural gas imports from Iraq as the Arab country focuses on...
South Amman to house $5 billion industrial city
The Madrid Industrial Company is planning to establish an industrial city exclusive for European factories in south Amman with an...
Qatar to continue bidding for Olympic Games
Qatar will keep bidding for the summer Olympics, despite having failed to make the cut in the race to host...
Saudi exports to Asia to surge till 2030
Saudi exports will accelerate momentum to Asian countries, HSBC's latest country Trade Forecast report released. "Asia will be the fastest...
Saudi Jubail and Ras Al-Khair projects draw $111.5 billion investments
Prince Saud bin Abdullah bin Thunayan, chairman of the Royal Commission for Jubail and Yanbu, highlighted the Kingdom's industrial progress...
Iraq and Jordan discuss facilitating transport and trade
Iraq and Jordan discussed means of facilitating transport and trade, as well as the transit operations, according to Petra news...
Saudi Arabia: Inflation risk downplayed
Several of Saudi Arabia’s major cities – Jeddah, Riyadh and Mecca – and surrounding areas will benefit from plans to...
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