Qatar current account surpluses to stay in double digits
Qatar’s external surpluses on balance of payments’ current account will stay in double digits, the General Secretariat for Development Planning...
Business & Economy
Iraq allocates $275 billion for projects over five years
Iraq has earmarked $250-275 billion for spending on infrastructure projects and other investments over the next five years, the planning...
IMF: Strong Saudi economy gives boost to the region
The outlook for the Saudi economy, which grew at 7.1 percent last year, remains buoyant, the IMF said in its...
Transport interconnectivity to boost Oman’s economy
The government is banking on a multi-billion dollar investment program to create a new transport grid that will serve as...
Saudi hospitality sector avails of Internet to increase productivity
The Saudi travel and tourism sector has been one of the most active users of the Internet as a strategic...
Automotive parts makers eyeing Oman
Several multinational automobile component producers have shown interest in setting up their manufacturing base in Oman, either as a joint...
Qatar Petroleum plans up to $13 billion in projects in 2014
Qatar Petroleum, the Gulf country’s state-run energy company, plans to finance $10 billion to $13 billion worth of projects in...
Infrastructure boom in GCC will encourage active participation from developing markets
According to Dr. R Seetharaman, CEO of Doha Bank Group, prior to financial crisis Government Infrastructure Projects were primarily financed...
Qatar plans domestic ratings agency
The country is seeking to set up a bond rating agency to help local companies access capital markets, the Qatar...
Qatar first investment bank acquires two London properties
Qatar First Investment Bank (QFIB) has acquired two properties in central London, The Leinster Inn Hotel at Leinster Square and...
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