UAE non-oil trade grows to $186 billion in eight months
The foreign non-oil trade of the UAE maintained its positive growth during the period from January to August 2012 compared...
Business & Economy
SMEs can create 4 million jobs for Saudis
Small and medium-sized enterprises (SMEs) can create between three and four million jobs for Saudis, provided they have access to...
Beirut set to move on gas contracts
Lebanon is due to take a long-awaited step towards awarding contracts for exploration of its offshore gas reserves this month,...
SANAD provides $20 million for Lebanon’s SMEs
SANAD, a German fund for small and medium enterprises in the MENA region signed a $20 million loan facility with...
Jordan: Tight times for retail
Uncertainty over the economy’s medium-term outlook, combined with concerns over regional instability, are likely to result in a subdued 2013...
Development and free zones in Jordan house $4.65 billion of investments
Total investments at the development and free zones amounted to JD3.3 billion ($4.65 billion) at the end of 2012, according...
Qatar Islamic Bank signs $219 million financing agreement with NBK Holding
QIB, the leading Islamic bank in Qatar, has announced the signing of a QR800m financing deal with NBK Holding. The...
Qatar banking sector 'has more incentives to expand abroad'
Qatar's banking sector seems to have more incentives to expand overseas, signaling more acquisitions, as Gulf lenders overtake European banks...
GCC banks replacing European banks as major acquirers in the MENA region
Banks in the oil-rich countries of the Gulf Cooperation Council (GCC) are becoming active buyers again of stakes in banks...
Production of minerals in Oman rises substantially
Oman's mineral resources, such as marble, limestone and gypsum, saw a jump in production in 2011, compared to 2010. Engineer...
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