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...
Economy
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...
Transport interconnectivity to boost Oman’s economy
The government is banking on a multi-billion dollar investment program to create a new transport grid that will serve as...
UAE non-oil trade up by 8%
The UAE’s non-oil foreign trade grew eight per cent in January 2012 to Dh78.3 billion on a strong surge in...
Oman revenues increase by 38.4%
The Sultanate's general revenues amounted to RO 8.754 billion, an increase of 38.4 per cent as at end of July...
Saudi private sector fuels real GDP growth
The healthy performance of the Saudi economy continued into the second quarter of 2012 albeit at slower pace than previous...
Kuwait's GDP bounces back at 21%
The Kuwait economy has bounced back reasonably well in the post-crisis period, Kuwait National Bank (NBK) said, noting that the...
Saudi Ports sees 2012 revenue up at SAR3.8 billion
The Saudi Ports Authority, or SPA, expects its revenue to grow to 3.8 billion Saudi riyals ($1.01 billion) this year...
UAE Central Bank sees 4% GDP growth
The UAE economy has shown sustained resilience towards global and domestic challenges and is on course to record better growth...
Saudi public sector set for high growth on robust oil
Saudi Arabia’s economy would grow around 5.3 percent in 2012, its second highest growth rate in seven years, Jadwa Investment...
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