Japan announces $120 million soft loan to Jordan
Japan will provide Jordan with a budget support soft loan worth approximately $120 million (around JD85 million), according to a...
Economy
Iraq to raise $6 trillion from oil and gas sales by 2030
Iraq unveiled an ambitious energy strategy that aims to raise $6 trillion (4.5 trillion euros) from oil and gas sales...
GCC retail market set to reach $221 billion by 2015
Growing population in Qatar and the UAE and higher per capita income are among the key drivers of the GCC...
Foreign investment in Oman has grown to $33 billion
A study conducted by the National Centre for Statistics and Information in collaboration with the Central Bank of Oman (CBO)...
Jordan receives $200 million U.S. grant
The $200 million additional US grant announced during the visit of President Barack Obama to Jordan in March was transferred...
New oil plan to provide work for 10 million Iraqis
Deputy Premier for energy affairs Hussein Shahristani announced that the oil plan will provide Iraq with additional $6 trillion and...
Saudi budget revenue seen up 26% in 2013
Strong oil prices will ally with high production to boost Saudi Arabia's actual budget revenue by nearly 26 per cent...
Qatar's proven gas reserves to last around 160 years
Qatar's proven gas reserves estimated at 885 trillion cubic feet (tcf) will last around 160 years at the 2011 production...
Abu Dhabi: Open for business
A new free zone planned in Abu Dhabi could spur on further investment in the local economy. On May 5...
Expats accounted for 94% of Qatar's labor force in 2012
Expatriates accounted for 94% of the country's total labor force of 1.3mn in 2012, shows a new report. This, according...
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