Arab advertising market to reach $5bn in 2012
Deloitte & Touche projected the advertising market in the Arab world to reach $4.9bn in 2012, constituting an increase of...
Business & Economy
First railway tracks project in Kuwait underway
The Undersecretary of Ministry of Public Works Abdul Aziz Al-Kuleib says the Ministry is working on the project of constructing...
Saudi Aramco pushes on with $7bn Rabigh plan
Saudi Aramco and Sumitomo Chemical Co have agreed to go ahead with a $7bn expansion of the Rabigh II petrochemical...
Economic outlook for Middle East in 2012 improves sharply
Middle East economies are set to beat forecasted figures this year, with the GDP growth of 3.8% in 2012 and...
Gulf’s $46 billion ports bring capacity seeking market
GCC states risk creating a glut in container capacity as they spend $46 billion on port projects amid sputtering global...
UAE- GCC aviation set for huge growth
Abu Dhabi, Dubai and Doha airports' combined annual capacity will reach 190 million passengers by 2015 while Emirates airline, Qatar...
Qatar Airways launches new route to Erbil
Qatar Airways extended its Middle East routes with launching scheduled flights to the northern city of Erbil, Iraq. The Doha-based...
UAE’s nominal GDP rises by us$ 62 billion in 2011
According to the International Monetary Fund (IMF), strong crude prices, coupled with high output boosted the UAE’s nominal GDP by...
Bahrain GDP to grow 4-5%
Bahrain's annual gross domestic product (GDP) is expected to grow by 4-5 per cent in 2012, driven primarily by increases...
Qatar’s Al Faisal acquires Chicago Radisson Blu hotel
A subsidiary of Qatar’s Al Faisal Holding Company has added another international hotel property to its growing portfolio, this time...
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