GCC assets surge $456bn in 2011
A surge in oil prices and region’s crude production boosted the net foreign assets of Gulf hydrocarbon producers by a...
Business & Economy
Lebanon's advertising market to grow by 5% during 2011-15 to $175m
Deloitte & Touche projected total advertising revenues in Lebanon to reach $145.1m in 2012, and to account for 3% of...
Activity at the port of Beirut improves on a yearly basis
Maritime transport services, which mirror the performance of the trade sector, witnessed an improvement during the first four months of...
$1.5 billion the volume of Iraqi investments in Jordan
The Iraqi businessman Jawad Kassab estimated the volume of tourism investments in Jordan, at $ 1.5 billion, but he linked...
Qatar 'a model of oil corporate partnerships'
Qatar is an ideal place to discuss production optimization and how to meet global energy demand, Rich Kruger, president of...
Trade and construction in Jordan account for 44% of overall lending
Figures released by the Central Bank of Jordan indicate that credit facilities extended by commercial banks operating in Jordan totaled...
Six factories inaugurated in Dammam Industrial City
A group of factories in Dammam 2nd Industrial City was recently inaugurated by Dr. Tawfeeq Al-Rabea, Minister of Commerce and...
Lebanon enjoys solid economic performance, says Prime Minister Najib Mikati
Prime Minister Najib Mikati said Lebanon’s real GDP growth exceeded 5 percent in 2011 and is continuing to increase in...
Saudi construction deals up
The value of awarded construction contracts in Saudi Arabia increased to more than SR52 billon in the first quarter of...
GCC economies to benefit from rising oil prices in coming years
Standard & Poor’s considered that the economic prospects of oil-exporting economies in the Gulf Cooperation Council (GCC) look healthier over...
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