Dubai economy grows by 3.4 pct in 2011
Dubai’s economy expanded by 3.4 percent in 2011, helped by strong trade flows and rising tourist numbers, Arif Obaid al-Muhairi,...
Business & Economy
Saudi per capita income may hit SR116,900
Experts have predicted that Saudi per capita income in the gross domestic product (GDP) will climb to SR 116,900 but,...
Saudi Telecom implements 4G services in 38 cities across Kingdom
Saudi Telecom Co. (STC) has upgraded the coverage of 1,500 locations with the latest 4G LTE services that serves 38...
Jordan annual pharmaceutical exports worth $650 million
The Kingdom’s annual pharmaceutical exports amount to $650 million, Jordan Food and Drug Administration (JFDA) Director General Hayel Obeidat said....
Ma'aden signs $1.5b aluminum refinery contract
Saudi Arabian Mining Company has awarded a $1.5 billion contract to South Korea's Hyundai Engineering & Construction Co. to build...
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...
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...
GITEX Saudi Arabia 2012 concludes successful 4 day run
Visitors to GITEX Saudi Arabia 2012, the business-to-business networking and consumer information and communications technology (ICT) expo for Saudi Arabia,...
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...
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