HSBC: Lebanon’s financial solidity remains intact
International investment bank HSBC said that Lebanon’s financial solidity remained intact despite the deepening conflict in Syria. Yet, the bank...
Business & Economy
Dubai attracts US$ 4.5 billion worth of FDI
According to the latest statistics published by the Department of Economic Development, Dubai attracted US$ 4.5 billion in foreign direct...
A new cement factory to be constructed soon in Iraq
Nigeria’s richest man, Aliko Dangote has revealed his intentions to expand his Dangote Cement Company beyond Africa and into Myanmar...
Arab stock markets gain $40 billion in 9 months
Arab stock markets have largely fluctuated this year but ended the first nine months with a gain of nearly $40...
Iraqi Labor Ministry to fund small projects
In the coming few days, Iraqi Ministry of Labor and Social Affairs will launch the small loan fund according to...
Qatar’s population crosses 1.84 million
The country’s population has breached the 1.8 million-mark and now stands at more than 1.84 million (1,844,276). The increase in...
Emax invests Dh100 million in 15 stores across GCC
Electronics retailer Emax is investing Dh100 million to open 15 new stores across the UAE and GCC by June 2013,...
Iraq to spend $500 billion on energy projects by 2030
Iraq will invest around $500 billion in energy and linked industries with the help of the private sector by 2030,...
Developed industrial land in Saudi Arabia to hit 160 million sqm by 2015
Saudi Industrial Property Authority (MODON), government agency responsible for developing and supervising industrial lands in the Kingdom, forecast that developed...
General Electric to invest SR 3.75 billion in Saudi Arabia
General Electric (GE) announced that it would invest SR 3.75 billion ($ 1 billion) in innovation, health care and energy...
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