Shell to start mass production at Iraq’s Majnoon oilfield
Iraq's giant Majnoon oilfield, run by Royal Dutch Shell, will start up production next month at a rate of 175,000...
Economy
Oman GDP to reach $95 billion
The Sultanate's economy is projected to reach $95 billion by 2018, with the industrial sector emerging as the fastest growing...
Jordan allocates $6.6 billion for developing capital projects
The government plans to spend around JD4.7 billion ($6.6 billion) on capital projects in governorates over the coming three years,...
Oman’s oil reserves estimated at 50 billion barrels
Oman's potential oil reserves are estimated at 50 billion barrels, of which 5 billion barrels are ready for production, according...
Saudi economic momentum remains intact
Saudi Arabia is maintaining its healthy underlying economic momentum, according to Jadwa Investment. Net income of listed companies in Saudi...
UAE real GDP exceeds $270 billion for the first time
The UAE real GDP grew by around 4.4 per cent in 2012 to jump above Dh1 trillion ($270 billion) for...
Economic growth in Iraq to average 10.3% annually between 2013 and 2017
Business Monitor International revised downward Iraq's real GDP growth to 10.5% in 2013 and 10.7% in 2014, from previous forecasts...
Port of Beirut revenues increase by 24.45%
During the first half of the year, Port of Beirut’s (PoB) total revenues rose to $105.93 million compared to $85.12...
Economic strategies pay off in Saudi Arabia
Saudi Arabia has a true opportunity today to keep on diversifying its economy and taking the right steps toward addressing...
Saudi GDP to grow 4.2% in 2013
Saudi Arabia's real GDP is projected to expand by around 4.2 per cent and growth will be fuelled by the...
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