Saudi Arabia poised to become an active investor in international real estate markets
Sovereign wealth funds (SWFs) in the Middle East are set to continue investing in real estate around the world despite...
Business & Economy
Saudi GDP seen at healthy 6% in 2012
The global economic picture is expected to remain murky in H2, 2012, as major economies continue to tread water without...
Qatar second largest trade partner of Dubai Chambers
With a staggering export and re-export value of Dh13.5bn, Qatar has emerged as the second largest trade partner of Dubai...
Arab imports from Brazil reach $3.6 billion
Arab countries imported more than USD 3.6 billion worth of goods from Brazil during the first half of 2012, while...
Increase in Saudi cement demand stirs sector growth in Gulf
Cement demand in Saudi Arabia grew strongly by 12.6 percent YoY in 1H12 to 28.0 million tons reflecting the increasing...
Qatar’s $4bn sukuk issue oversubscribed more than six times
The successful launch of the world’s largest-ever, dollar-denominated Islamic bond is a notable milestone in the rise of Qatar’s...
Qatar First Investment Bank ups stake in Al Rifai snack manufacturer to 35% from 15%
Qatar First Investment Bank which had previously bought 15% of light snack manufacturer Al Rifai in December 2011, announced that...
Julphar opens Dh500 million insulin manufacturing facility in Ras Al Khaimah
Gulf Phamramceutical Industries (Julphar) has launched Julphar Diabetes in its headquarters in Ras Al Khaimah for manufacturing and commercialising diabetes...
Dubai's Metro: 184 million passengers in 3 years
The Dubai Metro celebrate its third anniversary today, clocking 184 million passengers from the start of operations till the end...
Iraqi oil revenues reach $8.44 billion in August
MEED magazine reported that Iraqi oil exports reached it is highest peak in 30 year by registering $8.44 billion in...
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