Abu Dhabi: Key role for defense in diversification efforts
The spate of large defense contracts recently awarded to Abu Dhabi-based firms, together with the emirate’s growing success in attracting...
Economy
Riyadh considered low risk city for employers
Riyadh has been identified as one of the cities with the lowest people risk in the Middle East and North...
Kuwait's budget surplus seen at $55.8 billion
KFH-Research issued a report stating that Kuwait has achieved a budget surplus of KD 17.2 billion ($60.3 billion) during first...
IMF approves the payment of $385 million to Jordan
The International Monetary Fund (IMF) has approved the payment of $385 million to Jordan, in the second tranche of a...
Qatar’s real GDP to pick up to 6.5%
Qatar’s real GDP growth is expected to reach 6.5% this year and 6.8% in 2014 on the back of continued...
Qatar is ‘building prime assets’ globally to boost diversification
Qatar’s carefully selected portfolio of prime assets, spreading across asset classes and geographies, contributes to economic diversification, financial resources, and...
Iraq’s economy to grow by 9% in 2013
The International Monetary Fund estimated Iraq's real GDP growth at about 8% last year due to rising oil production and...
Iraqi aviation industry takes off
In light of Iraq’s complicated political and security climate, even the most optimistic could not expect Baghdad International Airport to...
Qatar to boost government spending by 18 percent
Qatar plans to boost government spending by 18 percent to 210.6 billion riyals ($57.8 billion) in the 2013-14 fiscal year...
Oman reaps benefits of insightful economic plans
While addressing the Shura Council recently, Ali Bin Masoud Al Sunaidy, Minister of Commerce and Industry, informed members that the...
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