Bright prospects for Omani retailers
An expected rise in consumer spending is set to benefit Oman’s retail sector throughout the last quarter of this year...
Economy
Saudi Arabia has lowest poverty rate in the Arab world
Saudi Arabia ranked 10th globally and first in the Arab world in terms of the lowest poverty rate, according to...
Demand from China and India raises LNG prospects
Demand for "cleaner and flexible" energy sources from emerging economies such as China and India provides prospects for liquefied natural...
$50 billion investment surge expected in Oman
Ahmed bin Hassan al Dheeb, Under-Secretary, Ministry of Commerce and Industry, says Oman will see a massive surge of investments...
Lebanon becoming an outsourcing hub
It is about time the government moves beyond branding Lebanon as just a tourism destination to promoting the country as...
Port of Beirut revenues increase by 28%
The Port of Beirut (PoB) continues to thrive, be it in terms of revenues or handled containers, especially since it...
$140 million investment expands Beirut Port’s container handling capacity
Contrary to the trend of most economic sectors in Lebanon, Beirut Port recorded impressive growth over the past two years...
IMF: Kuwait’s finances are sound
In late September, the International Monetary Fund (IMF) issued a report that objectively assessed the Kuwaiti economy and listed its...
Qatar-led GCC and China ‘to drive global growth’
GCC countries, led by Qatar, plus China and sub-Saharan Africa are likely to be engines of future global growth with...
Gulf economies poised for sustained growth
Hydrocarbon-based Gulf Cooperation Council (GCC) economies are using their fiscal strength to drive near-term growth and diversify their economies to...
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