Lebanon investing in industry
The industrial sector is laboring to overcome a series of hurdles that are limiting its ability to expand domestically and...
Business & Economy
Lukoil to bring Asian partners to Iraq
Russia’s No.2 oil producer Lukoil is enjoying higher 1Q earnings and seeking partnership with Asian oil firms to participate in...
S&P maintains Kuwait credit ratings at AA
Standard & Poor’s Ratings Services said it has maintained sovereign credit ratings for Kuwait at AA on strong financial resources...
Dubai economy grows by 3.4 pct in 2011
Dubai’s economy expanded by 3.4 percent in 2011, helped by strong trade flows and rising tourist numbers, Arif Obaid al-Muhairi,...
Microsoft appoints first official Iraq distributor
Microsoft Corp. says it has appointed a local company to distribute its products in Iraq in what it says is...
Ma'aden signs $1.5b aluminum refinery contract
Saudi Arabian Mining Company has awarded a $1.5 billion contract to South Korea's Hyundai Engineering & Construction Co. to build...
Saudi per capita income may hit SR116,900
Experts have predicted that Saudi per capita income in the gross domestic product (GDP) will climb to SR 116,900 but,...
Jordan annual pharmaceutical exports worth $650 million
The Kingdom’s annual pharmaceutical exports amount to $650 million, Jordan Food and Drug Administration (JFDA) Director General Hayel Obeidat said....
Saudi Telecom implements 4G services in 38 cities across Kingdom
Saudi Telecom Co. (STC) has upgraded the coverage of 1,500 locations with the latest 4G LTE services that serves 38...
GITEX Saudi Arabia 2012 concludes successful 4 day run
Visitors to GITEX Saudi Arabia 2012, the business-to-business networking and consumer information and communications technology (ICT) expo for Saudi Arabia,...
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