Abu Dhabi to see a strong economic performance
Buoyed by positive growth in 2011, Abu Dhabi looks set to see a strong economic performance again this year. Though...
Economy
IMF: Saudi economic outlook 'broadly favorable'
The outlook for Saudi Arabia's economy is "broadly favorable", with real gross domestic product (GDP) expected to grow by six...
Saudi SIDF provides SAR2.9b in loans to promote non-oil exports
The Saudi Industrial Development Fund , or SIDF , has approved 2.9 billion Saudi riyals ($733 million) in loans to...
JP Morgan highlights Lebanon’s resilience to neighboring conflicts
JP Morgan issued a note on Lebanon in which it indicated that the civil strife in neighboring countries does not...
Jordan in search of further investment
Even though foreign direct investment (FDI) inflows are poised to rise sharply in the second half of 2012, the Jordanian...
Iraqi oil revenues up by $1bn in July
Iraq’s oil revenues jumped by about $1 billion from June to July, according reports from AFP and Aswat al-Iraq. Oil...
Kuwait posts $47 billion record budget surplus
OPEC member Kuwait has posted record budget surplus and revenues in the 2011-2012 fiscal year that ended on March 31...
A new $16billion industrial city in Bahrain
Having long recognised the need to diversify its economy away from oil, the Kingdom was one of the first Gulf...
Consumer optimism in KSA brightens as retail sector booms
With strong consumer confidence and a sound economic outlook for the immediate future, Saudi Arabia’s retail sector appears set for...
Consumer confidence within the Middle East remains high
According to MasterCard’s latest Worldwide Index of Consumer Confidence, regional consumers remain upbeat about the Middle East’s future and its...
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