GCC petrochem capacity set to rise to 113MTPA
The Gulf Cooperation Council (GCC) petrochemical capacity is estimated to increase from 77.3 million tonnes per annum (MTPA) to 113MTPA...
Business & Economy
No significant impact of Eurozone crisis on banks in Dubai and the GCC
The emirate’s banking sector is still working to shake off the lingering effects of the global financial crisis, with lenders...
Revenues of the port of Beirut up by 8.7%
The latest statistics of the Port of Beirut showed that its revenues reached a cumulative US$ 100.5 million in the...
Jordan planning ahead
The early August approval of a $2bn loan by the IMF to Jordan has once again brought the Kingdom’s financial...
First semi-automated container terminal to open at Abu Dhabi’s Khalifa Port
Abu Dhabi's Khalifa Port, which is region's first semi-automated container terminal, is preparing for its grand opening on September 1,...
Bahrain’s economy treading carefully
The Kingdom’s economy is making steady progress towards regaining lost momentum following the global financial crisis and civil unrest in...
Ventyx signs deal with Saudi Ma'aden
Ventyx, an ABB company, announced it has signed a $2.8 million deal with Ma'aden Gold and Base Metals Company, a...
Saudi GDP to grow 5.7% in 2012
A strong oil sector and large government stimulus will spur Saudi real GDP to grow 5.7 percent in 2012, the...
Oman's GDP to grow by 6% in 2012
KFH-Research mentioned in its report concerning the expectations of the Omani economy during this year, that Oman's total GDP will...
Saudi exports resilient despite global unease
Overall Saudi exports increased by SR50 million Y/Y during May after they registered SR14.8 billion, showing resilience despite the ubiquitous...
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