No significant impact of Eurozone crisis on banks in Dubai and the GCC
The emirate’s banking sector is still working to shake off the lingering effects of the global financial crisis, with lenders...
Business & Economy
Saudi consumers most optimistic about personal finance
Expectations for the year to come are high across the Middle East and North Africa (MENA) region, the latest Middle...
First semi-automated container terminal to open at Abu Dhabi’s Khalifa Port
Abu Dhabi's Khalifa Port, which is region's first semi-automated container terminal, is preparing for its grand opening on September 1,...
Ventyx signs deal with Saudi Ma'aden
Ventyx, an ABB company, announced it has signed a $2.8 million deal with Ma'aden Gold and Base Metals Company, a...
Bahrain’s economy treading carefully
The Kingdom’s economy is making steady progress towards regaining lost momentum following the global financial crisis and civil unrest in...
Saudi GDP to grow 5.7% in 2012
A strong oil sector and large government stimulus will spur Saudi real GDP to grow 5.7 percent in 2012, the...
Oman's GDP to grow by 6% in 2012
KFH-Research mentioned in its report concerning the expectations of the Omani economy during this year, that Oman's total GDP will...
Qatar top sovereign Europe property buyer
Qatar was the top sovereign wealth buyer of European property in the last 12 months, spending 3.5 billion euros ($4.3...
Saudi exports resilient despite global unease
Overall Saudi exports increased by SR50 million Y/Y during May after they registered SR14.8 billion, showing resilience despite the ubiquitous...
CMA CGM announces the establishment of Greenmodal Transport
Lebanese owned CMA CGM announced the establishment of Greenmodal Transport which aims at providing door-to-door service by barge or rail...
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