Consumption in KSA remains the fastest growing in the region
With the oil boom supporting income growth, Saudi Arabia’s consumption growth in the past decade was among the most stellar...
Business & Economy
Saudi SABIC one of the world's top spenders in R & D
After growing almost 10 percent for the second consecutive year, total R&D investment among the world's top innovation spenders continues...
Qatar's Amwal to launch $170 million fund for London property
Doha-based investment banking and asset management firm Amwal will launch a real estate investment fund in London, chief executive George...
Qatar Holding gets nod for buying stake in Harrods Bank
The UK's regulatory body has given approval to Qatar Holding for buying a controlling stake in Harrods Bank, the private...
Oman's economy to grow by 5% in 2012
The International Monetary Fund (IMF) has predicted that Oman's gross domestic product (GDP) growth will slow to five per cent...
Saudi Arabia increases soybean and corn imports from Brazil
BrazArtis, an import-export company based in Rio de Janeiro, Brazil, is set to expand its soybean and corn exports to...
Iraq; the next 'economic frontier'
According to a new research by one of the world's leading market research organizations, Iraq's GDP is set for rapid...
Unemployment dips by 22.8% in Qatar
Unemployment in Qatar declined by 22.8 percent over the past 10 years but the gender gap in terms of average...
$2 billion Saudi-Polish company to open for business in 2013
A Saudi-Polish holding company will be launched in the first quarter of 2013 with an initial capital of $ 2...
Saudis to set up oryx reserve at huge oilfield
Taking time off the complex hydrocarbon operations, Saudi oil authorities have launched an ambitious project to construct a wildlife reserve...
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