Oman posts record budget surplus
Oman's budget surplus surged to a record high of RO1.683 billion ($4.37 billion) in the first half of 2012, on...
Economy
Mighty Saudi Economy
Numerous indications point to the steady growth of the Saudi economy, thereby further strengthening the global position of the kingdom's...
GCC on solid growth track
Backed by high oil prices, strong government financial balances and a continued wave of public spending on infrastructure projects and...
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...
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...
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