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...
Business & Economy
Lebanese industrial exports at $1.3bn in first five months of 2012
Figures released by the Ministry of Industry show that industrial exports totaled $1.3bn in the first five months of 2012,...
Beirut airport activity sustains growth
The latest data released by the Rafic Hariri International Airport showed that during the first six months of 2012, activity...
GCC countries top the Mena region in ICT statistics
The International Telecommunications Union (ITU) recently released its statistics covering the Information and Telecommunication Technology (ICT) for around 233 countries...
Qatar’s economic growth outlook remains bright
Backed by enormous energy resources, Qatar is set to generate a current account surplus of 31.8% of GDP this year,...
More than half of GCC population under age 25
The countries of the Gulf Cooperation Council (GCC) have a low population compared with other regions, totaling 45 million people...
Saudi Arabia's cellular market most competitive in Arab world
Saudi Arabia retained its status as the most competitive Arab cellular market with a 74.56 percent mark, the 2012 Cellular...
Middle East economies to outpace rest of world
The move comes despite a backdrop of deteriorating global prospects, the multilateral lender said. It expects the regional economy to...
Saudi Arabia 3rd richest in natural resources in the world
Saudi Arabia ranks third globally among the 10 countries with the most plentiful and valuable natural resources, according to a...
Saudi Arabia's steel industry to firm up 9% during 2012-15
Saudi Arabia has become one of the favorite destinations for the steel majors due to thriving construction sector, and soaring...
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