Labor shortage in Saudi Arabia to increase expat pay
A labor shortage caused by the departure of thousands of illegal foreign workers, along with increasing commercial activity in the...
Economy
Bahrain: Room to grow
With the industrial sector looking to post positive growth in 2013 on the back of increased regional demand, steps are...
Non-hydrocarbon sector in GCC to grow by 5.1% in 2013
The Institute of International Finance projected real GDP growth in the economies of the Gulf Cooperation Council (GCC) at 3.8%...
1.8 million SMEs operating in Saudi Arabia
There are 1.8 million small and medium businesses in the Kingdom yet only 71% of which are actually operating. About...
Bahrain non-oil trade grows 20%
Bahrain's real GDP is estimated to have expanded 3.9 percent in 2012 from the 1.9 percent growth seen in 2011....
GCC is 13th largest world economy
Gulf hydrocarbon producers emerged as the 13th most powerful economy in the world in 2011 while strong oil prices allowed...
Qatar's non-oil sector set to grow
Manufacturing sector, particularly in petrochemicals, and the roll-out of infrastructure projects in the run-up to the 2022 World Cup, would...
High oil prices insulating GCC from political uncertainties
Standard & Poor's indicated that high global oil prices are promoting growth in the countries of the Gulf Cooperation Council...
Oman's economy up 11.6% in 2012
Strong oil prices and high public spending boosted Oman's GDP by nearly 11.5 per cent in current prices in 2012...
How should we spend the oil wealth?
Lebanon is years away from filling its coffers with money gained from drilling the seas for oil, but that isn’t...
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