Deal to boost US trade ties with Gulf countries
The United States said it has signed a framework agreement with Saudi Arabia and other members of the Gulf Cooperation...
Business & Economy
Iraqi Free Zones reveal increase in investment
The General Bureau of the Free Zones associated to the Ministry of Finance announced an increase in the applications for...
Local businesses in Lebanon driven to expand regionally
Lebanon’s relatively small market is driving local businesses to expand regionally, motivated by a wide array of investment opportunities, bigger...
Saudi Al Tanmiah and ArcelorMittal in $800 million JV
Saudi Arabia's Al Tanmiah Industrial and Commercial Investment Co. and the world's biggest steelmaker ArcelorMittal will start operating their 3...
Doha Bank: Dubai back on track
The GCC states are rightly investing heavily into infrastructure development, modernizing the existing structure to pave way for uninterrupted economic...
Saudi GDP exceeds SR 2.2 trillion
Saudi Arabia's gross domestic product exceeded SR 2.2 trillion in 2011, registering a growth rate of 31 percent in current...
Banking sector grows in Abu Dhabi
Growth in lending at the emirate’s top banks remained slow during the first half of 2012, but profits were generally...
Saudi Arabia second exporter of polymers to China
According to Chinese Customs, more than 1.6 million tons of polymers were imported during the month of August, hitting the...
US Eximbank OKs $5.0 billion loan for Saudi petrochemical complex
The U.S. Export-Import Bank has approved a record-breaking $4.975 billion direct loan to help build a petrochemical complex in Saudi...
MENA equity markets 'remarkably resilient'
While political events in the region continue to attract headlines, equity markets in the Middle East and North Africa (MENA)...
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