Doha Bank to raise capital by 50%
Doha Bank , Qatar's fifth-largest lender by market value, will go ahead with its plans to increase its capital. The...
Business & Economy
Lebanon: Lenders banking on stability
Senior banking officials have been talking up Lebanon’s banking sector, pointing to strong reserve positions and its continued resilience. However,...
Kuwait allots $19 billion for 2013-14 development strategy
The Ministry of Finance has recently formed six teams to examine and conform ventures of the fourth development plan (2013-2014)...
Qatar Holding to launch new $12 billion investment firm
Qatar will create a new $12 billion investment firm, backed by blue-chip assets from its sovereign wealth fund, and list...
Brazilian Trade Mission to UAE starts on February 20
Importers and trading companies from the UAE who are taking part in the hosted buyer’s program, which is being held...
Jordan: Energy price rises inevitable
Ongoing energy concerns continue to plague Jordanian manufacturers despite an overall resilient performance from the sector in 2012. As the...
Beirut Chamber of Commerce launches fund in support of entrepreneurs and SMEs
The Beirut & Mount Lebanon Chamber of Commerce, Industry & Agriculture (CCIB) launched a seed capital, development and orientation fund...
Banque Libano-Francaise to open a branch in Baghdad
In order to implement its expansion strategy outside of Lebanon, Banque Libano-Francaise (BLF) announced the opening of its first branch...
Jordan's pharmaceutical exports increase by 20%
Jordan's pharmaceutical exports increased in 2012 by 20 per cent, despite regional conditions and other difficulties facing the industry. According...
Value of global gold demand hits record high of $236 billion in 2012
In value terms, gold demand in 2012 was $236.4 billion, an all-time high, the World Gold Council reported in its...
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