GCC fiscal surplus to increase to 14% of GDP
Barclays Capital projected economic real GDP growth in the economies of the Gulf Cooperation Council at 5.5% in 2012 and...
Economy
Saudi Arabia to be fastest growing G20 economy after China
Saudi Arabia will emerge as the second fastest growing G20 country after China this year, while Gulf economies will outpace...
$5 billion Qatari grant to Jordan
Jordan and Qatar discussed Qatar's contribution to the a $5 billion grant for Jordan that was endorsed by the Gulf...
GCC reinsurance market worth over $5 billion
Market sentiment remains upbeat among reinsurers and brokers operating in the countries of the Gulf Co-operation Council (GCC). According to...
Bahrain the most economically free country in the MENA region
The Fraser Institute issued its latest 2012 annual report titled “Economic Freedom of the World”, in which it noted that...
Omani economy to perform well in 2012-2014
Oman's economy will continue to record positive growth rates in the next few years following a 6.6 per cent expansion...
Experts estimate $40 billion gas reserves off Lebanese coast
An international firm has estimated the volume of gas in Lebanon’s south-west corner to be close to 25 trillion cubic...
Qatar current account surpluses to stay in double digits
Qatar’s external surpluses on balance of payments’ current account will stay in double digits, the General Secretariat for Development Planning...
Iraq allocates $275 billion for projects over five years
Iraq has earmarked $250-275 billion for spending on infrastructure projects and other investments over the next five years, the planning...
IMF: Strong Saudi economy gives boost to the region
The outlook for the Saudi economy, which grew at 7.1 percent last year, remains buoyant, the IMF said in its...
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