Qatar tops world in urea exports
With the inauguration of the Qafco-6 project, Qatar has become the world’s fourth largest producer and the biggest exporter of...
Business & Economy
Standard Chartered foresees recovery for Lebanon In 2013
In its latest report, Standard Chartered indicated that 2013 should bring a mild recovery for the Lebanese economy, barring net...
EU grants €32 million to fund three new projects in Lebanon
The European Commission announced that it has extended €32m in grants to support three new reform-oriented programs in Lebanon. The...
Profits of top 12 Lebanese banks up 7%
The unaudited consolidated net profits of the Alpha Group of banks reached $1.2bn in the first nine months of 2012,...
Saudi Arabia in preliminary deal to manufacture Jaguar Land Rovers
Saudi Arabia will sign a letter of intent with Tata Group to manufacture 50,000 Land Rover vehicles a year in...
Dubai-based Nesto to invest $267 million in Saudi retail sector
Nesto Group, a Dubai-based retail giant, has announced an ambitious plan to invest SR1 billion ($267 million) in the Saudi...
Construction projects to boost capital markets in Saudi Arabia
A multi-billion-dollar development program under way in Saudi Arabia is proving to be instrumental in helping the government achieve its...
UAE is world’s 25th biggest importer of commercial services
UAE is the world’s 25th biggest importer in commercial services, according to the most recent classification by the World Trade...
Qatar issued $25 billion sukuk this year
Qatar has issued Islamic bonds (sukuks) worth a staggering $25bn this year, with more than 50 percent of the subscribers...
Qatar Holding granted $1 billion quota to invest in China's capital markets
Qatar Holdings LLC, the investment arm of Qater's sovereign wealth fund, has been granted a $1 billion of quota to...
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