S&P maintains Kuwait credit ratings at AA
Standard & Poor’s Ratings Services said it has maintained sovereign credit ratings for Kuwait at AA on strong financial resources...
Finance
Lukoil to bring Asian partners to Iraq
Russia’s No.2 oil producer Lukoil is enjoying higher 1Q earnings and seeking partnership with Asian oil firms to participate in...
Qatar’s Al Faisal acquires Chicago Radisson Blu hotel
A subsidiary of Qatar’s Al Faisal Holding Company has added another international hotel property to its growing portfolio, this time...
Investments in Jordan soar by 64% to $600m in four months
Volume of investments benefiting from investment laws in Jordan exceeded half billion dollars during the first four months of this...
Iraq allocates $100 million for research and development
Iraq’s Ministry of Higher Education has allocated $104 million (122 billion Iraqi dinars) to research and development projects, according to...
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...
$1.5 billion the volume of Iraqi investments in Jordan
The Iraqi businessman Jawad Kassab estimated the volume of tourism investments in Jordan, at $ 1.5 billion, but he linked...
Trade and construction in Jordan account for 44% of overall lending
Figures released by the Central Bank of Jordan indicate that credit facilities extended by commercial banks operating in Jordan totaled...
Saudi construction deals up
The value of awarded construction contracts in Saudi Arabia increased to more than SR52 billon in the first quarter of...
Risk factor in holding Dubai debt receding
Interest in Dubai’s bond market is undergoing a revival, with enthusiasm tracking the steady rebound of the emirate’s economy. There...
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