Saudi per capita income peaks
GDP per capita income in Saudi Arabia soared to an all time high in 2011 and is projected to break...
Business & Economy
Qatar eyes major stakes in seven European banks
Qatar is considering buying major stakes in investment banks in Europe. Negotiations are underway with seven banks suffering from accumulated...
Saudi Arabia best country in Middle East for doing business
Saudi Arabia is the best country in the Middle East for doing business, according to a new study published by...
Iraq’s 2013 budget spending $115 billion
The Iraqi Council of Ministers has approved a draft budget of 138 trillion dinars ($115 billion) for 2013, an 18...
IIF: Capital inflows into the region to remain broadly unchanged
According to the Institute of International Finance (IIF), net private capital flows to Emerging Africa and Middle East are projected...
Barclays foresees a steady 2012 real growth for GCC countries
In its latest quarterly report on emerging markets, Barclays indicated that prospects of a global growth slowdown and receding risk...
Islamic banking market in Qatar worth $35 billion
The size of Islamic banking market in Qatar is worth $35bn. The sector accounts for an estimated 19.3 percent of...
Lebanon: Foot on the gas
Beirut is ready to turn potential into profit as the government looks to accelerate efforts to develop recently surveyed offshore...
QInvest arranges $200 million syndicated loan facility for Turkey’s Tupras
Türkiye Petrol Rafinerileri AS (Tupras) has signed a $200m, one-year facility with a syndicate of nine banks from the GCC,...
Qatar plans center for industrial subcontracting and partnership
Enterprise Qatar (EQ) announced that its board of directors has approved the establishment of Qatar center for industrial subcontracting and...
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