Lebanon hosts international UNDP workshop on ICT best practices in urban management
City authorities from across the Middle East and North Africa convened in Beirut recently to hear how UNDP is helping...
Business & Economy
Saudi Arabia moving forward with petrochemicals projects
Saudi Arabia is accelerating efforts to take its industrialization process to the next level, moving from the processing of feedstocks...
Saudi Arabia current account surplus up 33%
Saudi Arabia’s current account surplus would swell from around 27.8 percent of GDP in 2011 to 33 percent in 2012...
GCC GDP likely to touch $1.5 trillion in 2013
The Gulf Co-operation Council’s (GCC) Gross Domestic Product (GDP) is estimated to reach US $ 1.5 Trillion in 2013, according...
Dubai’s economy returns to growth
A determined optimism is pervading Dubai’s markets, with the emirate’s growth set to top many expectations this year. Few would...
Heightened activity at Oman’s stock exchange
After a period of relative inactivity, Oman’s stock exchange, the Muscat Stock Market (MSM), could be about to see heightened...
UAE says real GDP grew 4.2% last year
The United Arab Emirates' economy grew 4.2 percent in inflation-adjusted terms last year, Economy Minister Sultan bin Saeed al-Mansouri said....
Qatar’s SMEs contribute 15%-17% of non-oil GDP
Qatar has 8,000-11,000 small and medium enterprises (SMEs) but their contribution to non-oil gross domestic product (GDP) is lower by...
Saudi non-oil GDP can easily sustain a 5% growth
More than any other country, Saudi Arabia is synonymous with oil and rightly so, holding around 270 billion barrels of...
Saudi Arabia to liberalize aviation
Saudi Arabia plans to open its skies gradually, phasing in new airlines to avoid an abrupt crowding of the sector,...
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