The IMF revises upward the MENA region’s 2012 real growth projections
The International Monetary Fund (IMF) issued its latest World Economic Outlook report in which it revised upward the MENA region’s...
Business & Economy
Qatar Telecom raises stake in Kuwait's Wataniya to 92.1%
Qatar Telecom announced that it has raised its stake in Kuwait's Wataniya to 92.1% following the conclusion of its tender...
DEXIA Bank sells 90% OF BIL to Qatar’s Precision Capital
Franco-Belgian bank Dexia announced that it has sold its Luxembourg unit for US$ 950 million Qatar’s Precision capital after an...
Iraq’s 2013 budget to reach $97 billion
Parliament Oil and Energy member MP Suzan al-Saad disclosed that the coming year's budget will reach 113 trillion Iraqi dinars...
Major Fisheries Zone envisaged in Oman
Plans for the development of a Special Economic Zone at Duqm envisage the establishment of a Fisheries Zone integrated with...
QNB raises shares in Iraqi Mansour Bank
Qatar National Bank ( QNB ) disclosed that it raised its share in Iraqi Mansour Bank by 51%. In a...
Lebanese pharmaceuticals market $1.3 billion
Business Monitor International estimated the size of Lebanon's pharmaceuticals market at $1.28bn in 2012, constituting an increase of 6.4% from...
Education investment in UAE valued at $1.9 billion
With a market size of $1.9 billion, the UAE has the fastest growing private education market in the world. “Education...
20% annual increase in Jordanian exports to Iraq
President of the only Jordanian bank in Iraq disclosed today that exports to Iraq were increased from $100 million in...
Qatar eyes stake in Morgan Stanley’s commodities unit
Qatar Investment Authority, the country's sovereign wealth fund, is in talks to buy a majority stake in Morgan Stanley’s commodities...
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