Bahrain encourages banks to enhance Islamic finance
The Kingdom is encouraging some of its sharia-compliant banks to join forces to be better capitalized and equipped to deal...
Business & Economy
Saudi- 2.9 million foreign tourists spent SR 7.1 billion in Q1 2012
As many as 2.9 million foreign tourists who visited the Kingdom in the first quarter of 2012 spent more than...
UAE 3rd most competitive economy in Middle East
The UAE ranks as the third most competitive economy in the region after Qatar and Saudi Arabia, according to the...
Investments in Jordan to surpass USD2b in 2012
Jordan Investment Board's (JIB) acting CEO, Awni Rushoud, stated that investment inflow to the country for the current year is...
Jordanian projects draw Korean firms
Investments from Korea will be a 'big' boost for capital inflows into the Kingdom, according to Jordan Investment Board (JIB)...
Abu Dhabi Islamic Bank launches Iraq operations
Abu Dhabi Islamic Bank (ADIB) said it has become the first UAE-based financial institution to receive a full operations banking...
Suzuki Swift Dzire sedan 2013 to satisfy Saudi market's growing demand
Reports estimate the value of the Saudi automotive sector at over SAR26bn, inclusive of direct sales, spare parts and accessories,...
Saudi car sales to hit SR 94 billion by 2013
Saudi Arabia has ambitious plans to further expand its lucrative automobile industry. In 2011 alone, the Kingdom announced the sale...
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Qatar- QAPCO to Move Forward with Petrochemical Qatar Petrochemical Company (QAPCO), a subsidiary of Industries Qatar, has confirmed that the...
Saudi travel, tourism sector shuns regional hiccups; keeps growing
Despite fears of political unrest across the Middle East region, travel and tourism continued to grow in the Kingdom of...
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