Lebanon's advertising market to grow by 5% during 2011-15 to $175m
Deloitte & Touche projected total advertising revenues in Lebanon to reach $145.1m in 2012, and to account for 3% of...
Economy
GCC assets surge $456bn in 2011
A surge in oil prices and region’s crude production boosted the net foreign assets of Gulf hydrocarbon producers by a...
Qatar 'a model of oil corporate partnerships'
Qatar is an ideal place to discuss production optimization and how to meet global energy demand, Rich Kruger, president of...
Activity at the port of Beirut improves on a yearly basis
Maritime transport services, which mirror the performance of the trade sector, witnessed an improvement during the first four months of...
Six factories inaugurated in Dammam Industrial City
A group of factories in Dammam 2nd Industrial City was recently inaugurated by Dr. Tawfeeq Al-Rabea, Minister of Commerce and...
Lebanon enjoys solid economic performance, says Prime Minister Najib Mikati
Prime Minister Najib Mikati said Lebanon’s real GDP growth exceeded 5 percent in 2011 and is continuing to increase in...
High oil earnings to boost Kuwaut's spending
The outlook for Kuwait’s banking system over the next 12 to 18 months remains stable, according to a recent report...
GCC economies to benefit from rising oil prices in coming years
Standard & Poor’s considered that the economic prospects of oil-exporting economies in the Gulf Cooperation Council (GCC) look healthier over...
Arab world population to double by 2050, report
The urban population of the Arab States, which already quadrupled between 1970 and 2010, will more than double by 2050,...
Qatar may end expat sponsorship system
Expats in Qatar have welcomed government plans to scrap the country’s “sponsorship” system for overseas workers. Qatar’s thousands of foreign...
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