Egypt to establish international trade zone in Baghdad
The Ministry of Trade disclosed today that a protocol of cooperation was signed with Egypt to establish an international trade...
Business & Economy
Iraqi GDP to be 33% higher in 3 years
Iraq’s GDP is expected to grow by 33% over the next three years, according to a report from Reuters. The...
New private sector firms boost Saudi business activity
Growth of business activity in Saudi Arabia's non-oil private sector rose slightly in August from a seven-month low in July...
Kurdistan region of Iraq demands 23% of the Iraqi budget
Kurds are demanding an increase in the share of the Iraqi budget from current 17% to 23%, an Iraqi Kurdish...
Bahrain GDP expands by 4.3%
Bahrain's economy has returned to a solid growth path after last year's unrest, Central Informatics Organization (CIO) said. On an...
Saudi Arabia ‘most optimistic market’ in GCC
Saudi Arabia led the GCC countries as the most optimistic market in the second quarter of 2012 followed by Oman,...
Saudis shore up SR 1.5 billion steel plant venture in Oman
A big steel plant with a capital of SR 1.5 billion ($400 million) will be established in Dhofar, Oman, by...
Beirut-based fund invests $ 20 million in Egypt-based energy firm
Beirut-based private equity fund EuroMena II announced that it has invested US$ 20 million in Egypt-based Sakson Petroleum Services Holding...
Anti-risk strategies boost Saudi banks
High oil prices, rising consumer spending and major infrastructure projects are likely to contribute to continuing strong growth in banks...
Kuwait's oil revenues to hit KD11.3 billion in 5 months
Kuwait is assumed to have achieved actual oil revenues during the first five months in the amount of about KD11.3...
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