Kuwait's oil revenues to hit KD11.3 billion in 5 months
Kuwait is assumed to have achieved actual oil revenues during the first five months in the amount of about KD11.3...
Economy
Saudi imports up by 4.4%
Saudi Arabia's incoming economic data signals that nonoil sector growth has been moderating after blistering growth last year and early...
Expats in Qatar sent QR30.8 billion to home countries in 2011
Remittances routed by expatriate workers to their home countries soared to about QR30.8bn, a 4.5 percent increase in 2011 compared...
Saudi letters of credit up 24% as economic growth spurs demand
The value of letters of credit signed by lenders in Saudi Arabia surged 24 percent in the first six months...
Qatar’s global GDP share seen near double by 2030
Economic diversification aided by hydrocarbon revenue will scale up Qatar’s share of global GDP at market exchange rates to 0.4%...
34 tons of gold imported into Kurdistan
AKnews reports that gold imports into Iraqi Kurdistan have hit 34 tons during the first seven months of the year....
Fast food chains boom in Baghdad
Baghdad's residents can finally get their milkshakes, chili-cheese dogs and buckets of crispy fried chicken. A wave of new American-style...
GCC countries to record strong GDP performance in 2012
The members of the six-nation Gulf Cooperation Council (GCC) are expected to record strong GDP performance through 2012 in contrast...
Saudi economy shows resilience
Saudi Arabia's quarterly GDP growth eased slightly to 5.9 percent y-o-y in 1Q12 from 7.4 percent y-o-y in 4Q11, due...
Qatar heading for another record fiscal surplus
Revised figures for Qatar's fiscal outturn in 2011/12 show that revenue, expenditure and surplus all reached record levels. QNB Group...
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