Program to support innovation and competitiveness of SMEs in Lebanon
The Berytech Technology Pole and the EU-funded IMP³rove launched a joint program to developing the innovation capabilities and competitiveness of...
Business & Economy
8% economic growth in Iraq in 2012
According to the study of IMF, due to the rising oil production and robust non-oil activities, Iraq has managed to...
Saudi Kafala approves guarantees worth $1.28 billion for SMEs
The Kafala program has approved 670 guarantees for small and medium enterprises (SMEs) in 2012 valued at SR 4.8 billion...
Qatar: Streamlining insurance regulation
The Qatar Central Bank’s (QCB) February takeover of responsibility for licensing and supervising insurance companies, reinsurance companies and insurance intermediaries,...
Islamic banking assets in GCC jump to $445 billion in 2012
Islamic banking assets with commercial banks in the GCC reached $ 445 billion at the end of 2012, up from...
Oman paving the way for a post-oil economy
Government spending had created 36,000 private sector jobs for nationals in 2012, and a further 56,000 would be created this...
Kuwait budget surplus to top $50 billion in 2012-13
An oil price of between $101 and $118 per barrel in 2013-14 could generate a budget surplus for Kuwait of...
IIF: Qatar richest country in the world
Qatar retained its ranking as the world's richest country in 2012, with its per capita income soaring to an incredible...
Dubai has pivotal role in global diamond business
As the world’s third largest diamond trading center, Dubai is at the center of the New Silk Road and is...
$26 billion worth of goods traded between Brazil and the Arab world in 2012
Trade flow between Brazil and Arab countries reached nearly $26 billion in 2012, increasing by 3.26 per cent from $25.11...
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