North Bank numbers give hope to Iraqi economy
The process of capital formation is underway in Iraq, and that is good news for the grass roots economy. At...
Business & Economy
The Lebanese cement industry: strong ground and promising prospects
2011 was a year of challenge for the Lebanese economy. Domestic and regional events were on the downside with the...
Lebanon holds 18th highest gold reserves worldwide
According to the latest figures released by the World Gold Council, official gold holdings in Lebanon stood at 286.8 tons...
Hermes Datacomms wins contract in Iraq
Hermes Datacomms Middle East, a UK-based Wide Area Network communications specialist, has secured a contract to provide microwave and fibre...
Dana Gas invests $1billion in Kurdistan region of Iraq
Dana Gas and its biggest shareholder and partner, Crescent Petroleum, invested $963 million in the Kurdish region of Iraq by...
Saudi Ma'aden’s gold output to rise by 30% in 2014
Saudi Arabian Mining Co. ( Ma'aden )'s gold production is expected to rise 30 percent by 2014 because of the...
Saudi Arabia’s foreign assets surge by SR205 billion
Saudi Arabia's foreign assets increased by nearly SR205 billion in the first half of 2012 after recording one of their...
Oman posts record budget surplus
Oman's budget surplus surged to a record high of RO1.683 billion ($4.37 billion) in the first half of 2012, on...
$500 billion surpluses for GCC countries in 2012
KFH-Research prepared a report about the economies of GCC countries, where it expected that economies in that region will witness...
Mercedes-Benz delivers 250 trucks to Iraq
Mercedes-Benz recently delivered 250 of its Actros trucks to Iraq's State Company for Automotive Industry (SCAI) to assist in reconstruction...
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