Emirates Airline pushes on with its global expansion plans
The aviation industry appears set to face increasing challenges over the next six months as airlines face lower than expected...
Business & Economy
Saudi imports up by 4.4%
Saudi Arabia's incoming economic data signals that nonoil sector growth has been moderating after blistering growth last year and early...
Abu Dhabi’s manufacturing base to expand significantly
With the first phase of the Khalifa Industrial Zone Abu Dhabi (KIZAD) projected for completion in the fourth quarter of...
Expats in Qatar sent QR30.8 billion to home countries in 2011
Remittances routed by expatriate workers to their home countries soared to about QR30.8bn, a 4.5 percent increase in 2011 compared...
Iraq second importer from the UAE
Preliminary statistics in United Arab Emirates (UAE) reported that Iraq has become the second importer form the state in 2011,...
Saudi letters of credit up 24% as economic growth spurs demand
The value of letters of credit signed by lenders in Saudi Arabia surged 24 percent in the first six months...
Turkey's UB Holding bags $500 million steel plant rehabilitation project in Iraq
Iraq's cabinet agreed to award Turkey's UB Holding a project to rehabilitate a steel plant in the south of the...
Qatar’s global GDP share seen near double by 2030
Economic diversification aided by hydrocarbon revenue will scale up Qatar’s share of global GDP at market exchange rates to 0.4%...
$900 million Iranian exports to Iraq in 5 months
Iran exported 1.6 million tons of commodities with a price of $903 million during the first five months of the...
Qatar’s contract logistics market achieves the strongest growth rate in the ME
Saudi Arabia, UAE and Qatar will remain key growth catalysts for the contract logistics market in the Middle East, the...
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