Jordan moving towards knowledge-based economy
Jordan is moving from an efficiency-based economy to a knowledge-based economy, Planning Minister Jafar Hassan said. Speaking at the regional...
Business & Economy
Inflows of remittances to Lebanon to reach a total of $ 7.578 billion in 2012
The World Bank released its latest statistics on remittances around the world in which it foresees a quasi-constant level of...
GCC economies would remain solid in 2013
In its quarterly report on the credit overview of GCC countries, Fitch Ratings forecasts that economic growth in the GCC...
Citi upgrades UAE real GDP forecast to 5.1%
Citi, one of the largest Wall Street banks, has upgraded the UAE's real gross domestic product (GDP) growth to 5.1...
Iraq to become world’s fastest growing economy
Iraq will emerge as the world's fastest growing economy in 2012 and 2013, according to Bank of America Merrill Lynch...
Saudi rubber goods industry offers massive opportunities
The Saudi Basic Industries Corporation ( SABIC ) and its joint venture partner ExxonMobil hosted recently a symposium promoting rubber...
Net profits of Lebanese insurance companies up by 26%
According to the Association of Insurance Companies in Lebanon (ACAL), net profits of insurance companies in Lebanon reached US$ 111.4...
84,200 trade visitors at Riyadh Motor Show 2012
The Kingdom of Saudi Arabia remains one of the most dominant automotive markets in the Middle East as manifested in...
Dubai economy seen staying strong
Dubai's economy expanded 4.1 percent from a year earlier in the first half of this year, official data showed on...
Oman budget expenditure seen at $33.75 billion in 2013
Oman's total budget expenditure for financial year 2013 has been estimated at RO13bn, which is around 29 per cent higher...
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