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    Saudi Arabia to Enforce New Food Labeling Rules for Restaurants and Cafés Starting July 1

    Saudi Arabia to Enforce New Food Labeling Rules for Restaurants and Cafés Starting July 1

    Global Indoor Farming Market to Reach USD 108.6 Billion by 2035, Fueled by Sustainability and Urbanization Trends

    Global Indoor Farming Market to Reach USD 108.6 Billion by 2035, Fueled by Sustainability and Urbanization Trends

    Oman Embraces Precision Agriculture to Bolster Food Security and Sustainability

    Oman Embraces Precision Agriculture to Bolster Food Security and Sustainability

    Africa to Launch Continental Food Safety Agency to Protect Public Health and Boost Trade

    Africa to Launch Continental Food Safety Agency to Protect Public Health and Boost Trade

    Food Africa and pacprocess MEA 2025: Powering Regional Trade and Industry Growth

    Food Africa and pacprocess MEA 2025: Powering Regional Trade and Industry Growth

    Oman’s New Shipbuilding Hub in Musandam to Serve Regional Maritime Markets

    Oman’s New Shipbuilding Hub in Musandam to Serve Regional Maritime Markets

    Building resilience in Africa’s agrifood supply chains

    Building resilience in Africa’s agrifood supply chains

    Pesticide Detection Market to Reach $2.43 Billion by 2035, Driven by Food Safety and Technological Advances

    Pesticide Detection Market to Reach $2.43 Billion by 2035, Driven by Food Safety and Technological Advances

    Qatar Reaches Full Self-Sufficiency in Dairy and Fresh Poultry: Official

    Qatar Reaches Full Self-Sufficiency in Dairy and Fresh Poultry: Official

    Trending Tags

    • Business & Economy
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      • Business
      • Economy
      • Finance
      • Industry
      • Trade
      Iraq Plans Major Cement Industry Expansion with New Plants Producing 52 Million Tons Annually

      Iraq Plans Major Cement Industry Expansion with New Plants Producing 52 Million Tons Annually

      UAE’s GDP Reaches $483 Billion in 2024, Fueled by Non-Oil Expansion

      UAE’s GDP Reaches $483 Billion in 2024, Fueled by Non-Oil Expansion

      Oman Unlocks $28.6 Billion to Drive 10th Five-Year Plan

      Oman Unlocks $28.6 Billion to Drive 10th Five-Year Plan

      World Bank Forecasts 1.2% Economic Growth for Iraq in 2025

      World Bank Forecasts 1.2% Economic Growth for Iraq in 2025

      IMF Praises Oman’s Reform Momentum Amid Economic Growth

      IMF Praises Oman’s Reform Momentum Amid Economic Growth

      Oman’s Creative Economy: A Strategic Pillar for Diversification

      Oman’s Creative Economy: A Strategic Pillar for Diversification

      Oman Launches $106.6M Facility to Reclaim Copper from Mining Waste

      Oman Launches $106.6M Facility to Reclaim Copper from Mining Waste

      Iraq Targets $16 Trillion Mining Sector to Drive Economic Diversification

      Iraq Targets $16 Trillion Mining Sector to Drive Economic Diversification

      Trending Tags

      • Construction
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        GCC Cement Market Forecasted to Reach 142.8 Million Tons by 2033, Growing at a 4.7% CAGR

        GCC Cement Market Forecasted to Reach 142.8 Million Tons by 2033, Growing at a 4.7% CAGR

        Qatar’s Infrastructure Sector Set for Robust Growth and Investment Opportunities

        Qatar’s Infrastructure Sector Set for Robust Growth and Investment Opportunities

        Ashghal to Launch 10 New Drainage Projects in Q4 2025

        Ashghal to Launch 10 New Drainage Projects in Q4 2025

        Retrofitting Old Buildings for a Sustainable Future

        Retrofitting Old Buildings for a Sustainable Future

        Iraq Plans Major Cement Industry Expansion with New Plants Producing 52 Million Tons Annually

        Iraq Plans Major Cement Industry Expansion with New Plants Producing 52 Million Tons Annually

        Oman Launches Tender for $3 Billion Mountain Resort in Jabal Al-Akhdar

        Oman Launches Tender for $3 Billion Mountain Resort in Jabal Al-Akhdar

        Iraq Approves 1.5 Million Housing Units, Aiming for 5 Million by 2030

        Iraq Approves 1.5 Million Housing Units, Aiming for 5 Million by 2030

        Qatar’s Ashghal Announces Completion of Roads, Infrastructure Development Project in Al Kharaitiyat, Izghawa

        Qatar’s Ashghal Announces Completion of Roads, Infrastructure Development Project in Al Kharaitiyat, Izghawa

        Lebanon’s PM: $12 Billion Needed to Rebuild After War with Israel

        Lebanon’s PM: $12 Billion Needed to Rebuild After War with Israel

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          Oman Seeks Bids for Two Major Substation Projects

          Oman Seeks Bids for Two Major Substation Projects

          Iraq Set to Launch First Nuclear Training Reactor in Partnership with China

          Iraq Set to Launch First Nuclear Training Reactor in Partnership with China

          Qatar 2025: From Energy Powerhouse to Innovation Leader

          Qatar 2025: From Energy Powerhouse to Innovation Leader

          Iraq Aims for 12 GW of Renewable Energy by 2030

          Iraq Aims for 12 GW of Renewable Energy by 2030

          Iraq Launches Ambitious Plan for 1,000 Solar Projects in Three Years

          Iraq Launches Ambitious Plan for 1,000 Solar Projects in Three Years

          Iraq and Power China International Sign Deal to Strengthen National Power Grid

          Iraq and Power China International Sign Deal to Strengthen National Power Grid

          Qatar Adds 875 MW in Solar Power, Boosts Renewable Energy Push

          Qatar Adds 875 MW in Solar Power, Boosts Renewable Energy Push

          Oman Breaks Ground on $1.6 Billion Marsa LNG Project in Suhar

          Oman Breaks Ground on $1.6 Billion Marsa LNG Project in Suhar

          Iraq Targets 38,000 MW Power Boost with Siemens and GE Deals to Tackle Energy Shortages

          Iraq Targets 38,000 MW Power Boost with Siemens and GE Deals to Tackle Energy Shortages

          Trending Tags

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            The View Hospital Becomes Qatar’s First Private Facility with a Dedicated Dialysis Unit

            The View Hospital Becomes Qatar’s First Private Facility with a Dedicated Dialysis Unit

            Qatar’s Ambulance System Sets Global Benchmark with Cutting-Edge Pre-Hospital Care

            Qatar’s Ambulance System Sets Global Benchmark with Cutting-Edge Pre-Hospital Care

            Sidra Medicine Pioneers Holistic, Culturally Sensitive Fertility Care in Qatar

            Sidra Medicine Pioneers Holistic, Culturally Sensitive Fertility Care in Qatar

            Hamad Medical Corporation Receives Global Recognition with JCI Accreditation

            Hamad Medical Corporation Receives Global Recognition with JCI Accreditation

            Daewoong Pharmaceutical Debuts Nabotah Botulinum Toxin in Qatar

            Daewoong Pharmaceutical Debuts Nabotah Botulinum Toxin in Qatar

            HMC Broadens Access to Mental Health Services Across Qatar

            HMC Broadens Access to Mental Health Services Across Qatar

            Qatar Launches AI-Driven Health Tourism Strategy to Position Doha as a Global Medical Travel Destination

            Qatar Launches AI-Driven Health Tourism Strategy to Position Doha as a Global Medical Travel Destination

            The View Hospital Performs Qatar’s First AI-Designed Lens Implant, Pioneering Personalized Vision Care

            The View Hospital Performs Qatar’s First AI-Designed Lens Implant, Pioneering Personalized Vision Care

            Ebn Sina Medical and Novo Nordisk Strengthen Partnership to Launch Wegovy in Qatar

            Ebn Sina Medical and Novo Nordisk Strengthen Partnership to Launch Wegovy in Qatar

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              Oman Secures $6.7 Billion in Tourism Investments Toward $7.8 Billion Goal by 2025

              Oman Secures $6.7 Billion in Tourism Investments Toward $7.8 Billion Goal by 2025

              Oman Unveils 3-Kilometer Tourist Walkway in Nakhal: A Transformative Step for Local Tourism

              Oman Unveils 3-Kilometer Tourist Walkway in Nakhal: A Transformative Step for Local Tourism

              Middle East’s Schengen Style GCC Tourist Visa Approved, to be Rolled Out ‘Soon’

              Middle East’s Schengen Style GCC Tourist Visa Approved, to be Rolled Out ‘Soon’

              Oman’s Hotel Sector Sees Strong Growth in Revenues and International Guests

              Oman’s Hotel Sector Sees Strong Growth in Revenues and International Guests

              Middle East Tourism Spending Set to Reach $350 Billion by 2030, Driven by Luxury, Sports, and Business Travel Boom

              Middle East Tourism Spending Set to Reach $350 Billion by 2030, Driven by Luxury, Sports, and Business Travel Boom

              Qatar’s Evolving Culinary Landscape Gains Global Attention as a Tourism Driver

              Qatar’s Evolving Culinary Landscape Gains Global Attention as a Tourism Driver

              Qatar’s Tourism Sector Adds $14.9 Billion to GDP in 2024, Marks 14% Growth

              Qatar’s Tourism Sector Adds $14.9 Billion to GDP in 2024, Marks 14% Growth

              Qatar Launches AI-Driven Health Tourism Strategy to Position Doha as a Global Medical Travel Destination

              Qatar Launches AI-Driven Health Tourism Strategy to Position Doha as a Global Medical Travel Destination

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              Middle East Hotel Construction Activity Rises 8% in Q1 2025

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                Packaging Becomes Lifeline for Struggling Print Industry

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                MENA’s Coated Printing and Writing Paper Market Forecast to Grow 1.6% Annually Through 2035

                Oman Recycles 2.4 Million Tonnes of Construction Waste in 2024

                Oman Recycles 2.4 Million Tonnes of Construction Waste in 2024

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                Printed Packaging Labels & Release Liners Set for Strong Global Growth

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                How 3D printing is changing packaging

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                Robotics in Paper, Printing, and Publishing Markets Set for Major Growth by 2031

                Global Coated Printing and Writing Paper Market to Reach 28 Million Tons and $33.2 Billion by 2035

                Global Coated Printing and Writing Paper Market to Reach 28 Million Tons and $33.2 Billion by 2035

                SIG and Partners Launch Egypt’s First Integrated Beverage Carton Recycling System

                SIG and Partners Launch Egypt’s First Integrated Beverage Carton Recycling System

                Middle East’s Coated Printing and Writing Paper Market Projected to Grow at 1.7% CAGR Through 2035

                Middle East’s Coated Printing and Writing Paper Market Projected to Grow at 1.7% CAGR Through 2035

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                  Empowering Oman’s Future: Turning AI Vision into Practical Impact

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                  Qatar’s Thriving Tech Sector Boosts GDP and Attracts Global Talent

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                  Cisco VP: GCC Must Bridge AI Readiness Gap with Investment in Infrastructure, Skills, and Security

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                  How AI Is Shaping the Workforce of Tomorrow

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                  How AI and Digital Labour Are Reshaping the Future of Work in the Middle East

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                  Why the Middle East’s AI Strategy Needs More Than Just Large Language Models

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                  Middle East Businesses Ramp Up AI Investments as 91% Expect Productivity Gains

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                  Driving Middle East Growth: Accelerating AI and Cloud Adoption for Smarter Governance

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                  How AI Drives the Success of MENA’s Mega Projects

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                    Qatar’s Infrastructure Sector Set for Robust Growth and Investment Opportunities

                    Qatar’s Infrastructure Sector Set for Robust Growth and Investment Opportunities

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                    Saudi Arabia Unveils New Unified Road Code to Transform National Transport

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                    Oman: A Strategic Logistics Hub with World-Class Infrastructure

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                    Building resilience in Africa’s agrifood supply chains

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                    Baghdad Airport Upgrade Advances Through Public-Private Partnership

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                    Flying Taxis Set to Launch in Oman

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                    Egypt Finalizes Plans for Rail Link with Saudi Arabia, Paving Way for Transcontinental Trade Route

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                    Iraq Reports Major Breakthrough in Al-Faw Grand Port’s Underwater Tunnel Construction

                    Iraq to Launch Long-Awaited Baghdad Metro Project by Year-End

                    Iraq to Launch Long-Awaited Baghdad Metro Project by Year-End

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                      Saudi Arabia to Enforce New Food Labeling Rules for Restaurants and Cafés Starting July 1

                      Saudi Arabia to Enforce New Food Labeling Rules for Restaurants and Cafés Starting July 1

                      Global Indoor Farming Market to Reach USD 108.6 Billion by 2035, Fueled by Sustainability and Urbanization Trends

                      Global Indoor Farming Market to Reach USD 108.6 Billion by 2035, Fueled by Sustainability and Urbanization Trends

                      Oman Embraces Precision Agriculture to Bolster Food Security and Sustainability

                      Oman Embraces Precision Agriculture to Bolster Food Security and Sustainability

                      Africa to Launch Continental Food Safety Agency to Protect Public Health and Boost Trade

                      Africa to Launch Continental Food Safety Agency to Protect Public Health and Boost Trade

                      Food Africa and pacprocess MEA 2025: Powering Regional Trade and Industry Growth

                      Food Africa and pacprocess MEA 2025: Powering Regional Trade and Industry Growth

                      Oman’s New Shipbuilding Hub in Musandam to Serve Regional Maritime Markets

                      Oman’s New Shipbuilding Hub in Musandam to Serve Regional Maritime Markets

                      Building resilience in Africa’s agrifood supply chains

                      Building resilience in Africa’s agrifood supply chains

                      Pesticide Detection Market to Reach $2.43 Billion by 2035, Driven by Food Safety and Technological Advances

                      Pesticide Detection Market to Reach $2.43 Billion by 2035, Driven by Food Safety and Technological Advances

                      Qatar Reaches Full Self-Sufficiency in Dairy and Fresh Poultry: Official

                      Qatar Reaches Full Self-Sufficiency in Dairy and Fresh Poultry: Official

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                        Iraq Plans Major Cement Industry Expansion with New Plants Producing 52 Million Tons Annually

                        Iraq Plans Major Cement Industry Expansion with New Plants Producing 52 Million Tons Annually

                        UAE’s GDP Reaches $483 Billion in 2024, Fueled by Non-Oil Expansion

                        UAE’s GDP Reaches $483 Billion in 2024, Fueled by Non-Oil Expansion

                        Oman Unlocks $28.6 Billion to Drive 10th Five-Year Plan

                        Oman Unlocks $28.6 Billion to Drive 10th Five-Year Plan

                        World Bank Forecasts 1.2% Economic Growth for Iraq in 2025

                        World Bank Forecasts 1.2% Economic Growth for Iraq in 2025

                        IMF Praises Oman’s Reform Momentum Amid Economic Growth

                        IMF Praises Oman’s Reform Momentum Amid Economic Growth

                        Oman’s Creative Economy: A Strategic Pillar for Diversification

                        Oman’s Creative Economy: A Strategic Pillar for Diversification

                        Oman Launches $106.6M Facility to Reclaim Copper from Mining Waste

                        Oman Launches $106.6M Facility to Reclaim Copper from Mining Waste

                        Iraq Targets $16 Trillion Mining Sector to Drive Economic Diversification

                        Iraq Targets $16 Trillion Mining Sector to Drive Economic Diversification

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                          GCC Cement Market Forecasted to Reach 142.8 Million Tons by 2033, Growing at a 4.7% CAGR

                          GCC Cement Market Forecasted to Reach 142.8 Million Tons by 2033, Growing at a 4.7% CAGR

                          Qatar’s Infrastructure Sector Set for Robust Growth and Investment Opportunities

                          Qatar’s Infrastructure Sector Set for Robust Growth and Investment Opportunities

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                          Ashghal to Launch 10 New Drainage Projects in Q4 2025

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                          Retrofitting Old Buildings for a Sustainable Future

                          Iraq Plans Major Cement Industry Expansion with New Plants Producing 52 Million Tons Annually

                          Iraq Plans Major Cement Industry Expansion with New Plants Producing 52 Million Tons Annually

                          Oman Launches Tender for $3 Billion Mountain Resort in Jabal Al-Akhdar

                          Oman Launches Tender for $3 Billion Mountain Resort in Jabal Al-Akhdar

                          Iraq Approves 1.5 Million Housing Units, Aiming for 5 Million by 2030

                          Iraq Approves 1.5 Million Housing Units, Aiming for 5 Million by 2030

                          Qatar’s Ashghal Announces Completion of Roads, Infrastructure Development Project in Al Kharaitiyat, Izghawa

                          Qatar’s Ashghal Announces Completion of Roads, Infrastructure Development Project in Al Kharaitiyat, Izghawa

                          Lebanon’s PM: $12 Billion Needed to Rebuild After War with Israel

                          Lebanon’s PM: $12 Billion Needed to Rebuild After War with Israel

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                            Oman Seeks Bids for Two Major Substation Projects

                            Oman Seeks Bids for Two Major Substation Projects

                            Iraq Set to Launch First Nuclear Training Reactor in Partnership with China

                            Iraq Set to Launch First Nuclear Training Reactor in Partnership with China

                            Qatar 2025: From Energy Powerhouse to Innovation Leader

                            Qatar 2025: From Energy Powerhouse to Innovation Leader

                            Iraq Aims for 12 GW of Renewable Energy by 2030

                            Iraq Aims for 12 GW of Renewable Energy by 2030

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                            Iraq Launches Ambitious Plan for 1,000 Solar Projects in Three Years

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                            Iraq and Power China International Sign Deal to Strengthen National Power Grid

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                            Qatar Adds 875 MW in Solar Power, Boosts Renewable Energy Push

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                            Oman Breaks Ground on $1.6 Billion Marsa LNG Project in Suhar

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                            Iraq Targets 38,000 MW Power Boost with Siemens and GE Deals to Tackle Energy Shortages

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                              The View Hospital Becomes Qatar’s First Private Facility with a Dedicated Dialysis Unit

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                              Qatar’s Ambulance System Sets Global Benchmark with Cutting-Edge Pre-Hospital Care

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                              Sidra Medicine Pioneers Holistic, Culturally Sensitive Fertility Care in Qatar

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                              Hamad Medical Corporation Receives Global Recognition with JCI Accreditation

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                              Daewoong Pharmaceutical Debuts Nabotah Botulinum Toxin in Qatar

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                              HMC Broadens Access to Mental Health Services Across Qatar

                              Qatar Launches AI-Driven Health Tourism Strategy to Position Doha as a Global Medical Travel Destination

                              Qatar Launches AI-Driven Health Tourism Strategy to Position Doha as a Global Medical Travel Destination

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                              The View Hospital Performs Qatar’s First AI-Designed Lens Implant, Pioneering Personalized Vision Care

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                              Ebn Sina Medical and Novo Nordisk Strengthen Partnership to Launch Wegovy in Qatar

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                                Oman Secures $6.7 Billion in Tourism Investments Toward $7.8 Billion Goal by 2025

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                                Oman Unveils 3-Kilometer Tourist Walkway in Nakhal: A Transformative Step for Local Tourism

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                                Middle East’s Schengen Style GCC Tourist Visa Approved, to be Rolled Out ‘Soon’

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                                Oman’s Hotel Sector Sees Strong Growth in Revenues and International Guests

                                Middle East Tourism Spending Set to Reach $350 Billion by 2030, Driven by Luxury, Sports, and Business Travel Boom

                                Middle East Tourism Spending Set to Reach $350 Billion by 2030, Driven by Luxury, Sports, and Business Travel Boom

                                Qatar’s Evolving Culinary Landscape Gains Global Attention as a Tourism Driver

                                Qatar’s Evolving Culinary Landscape Gains Global Attention as a Tourism Driver

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                                Qatar’s Tourism Sector Adds $14.9 Billion to GDP in 2024, Marks 14% Growth

                                Qatar Launches AI-Driven Health Tourism Strategy to Position Doha as a Global Medical Travel Destination

                                Qatar Launches AI-Driven Health Tourism Strategy to Position Doha as a Global Medical Travel Destination

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                                Middle East Hotel Construction Activity Rises 8% in Q1 2025

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                                  MENA’s Coated Printing and Writing Paper Market Forecast to Grow 1.6% Annually Through 2035

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                                  Oman Recycles 2.4 Million Tonnes of Construction Waste in 2024

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                                  Printed Packaging Labels & Release Liners Set for Strong Global Growth

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                                  How 3D printing is changing packaging

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                                  Robotics in Paper, Printing, and Publishing Markets Set for Major Growth by 2031

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                                  Global Coated Printing and Writing Paper Market to Reach 28 Million Tons and $33.2 Billion by 2035

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                                  SIG and Partners Launch Egypt’s First Integrated Beverage Carton Recycling System

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                                  Middle East’s Coated Printing and Writing Paper Market Projected to Grow at 1.7% CAGR Through 2035

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                                    Cisco VP: GCC Must Bridge AI Readiness Gap with Investment in Infrastructure, Skills, and Security

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                                    Driving Middle East Growth: Accelerating AI and Cloud Adoption for Smarter Governance

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                                      Saudi Arabia Unveils New Unified Road Code to Transform National Transport

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                                      Oman: A Strategic Logistics Hub with World-Class Infrastructure

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                                      Iraq Reports Major Breakthrough in Al-Faw Grand Port’s Underwater Tunnel Construction

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                                      Iraq to Launch Long-Awaited Baghdad Metro Project by Year-End

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                                      Qatar urged to set up global infrastructure bank with $300 billion balance sheet

                                      Gulf Times

                                      September 12, 2013
                                      in Infrastructure
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                                      Resource-rich Qatar should establish an international infrastructure investment bank with a balance sheet capacity of $300bn in view of $50tn funding required for the sector globally, according to the Institute for Infrastructure Studies (IIS).

                                      The concept is to establish by 2015 a new specialist institution located in Doha and London with initial capital of not less than $5bn increasing over five years to $15bn thereby giving a balance sheet capacity of about $300bn, IIS director Anthony Holmes told the Qatar Banking Summit, organized by Meed, in association with the Qatar Central Bank, the Qatar Financial Markets Authority and the Qatar Financial Centre Regulatory Authority.

                                      The IIS will be based in Doha with offices in London and in due course in the US.

                                      The mandate of the proposed bank will be to finance the development phase (i.e. construction through to the commencement of operation) of major complex infrastructure projects globally, he said, explaining how global infrastructure bubble provides a significant opportunity for Qatar's financial sector.

                                      It will become the global center of expertise in this substantial asset class and utilize its knowledge base and balance sheet to command a leading position in the syndicated financing of these major assets, he said.

                                      "Qatar finds itself in the unique position of being able to use its considerable investment in domestic infrastructure to dominate this asset class and to profit from constraints and impediments likely to be experienced by established financial institutions," he said.

                                      Stressing that it (the proposal to set up an international infrastructure investment bank) is an opportunity that should not be overlooked or discarded without detailed evaluation, Holmes said the OECD (Organization for Economic Co-operation and Development) estimates that the global demand for infrastructure investment until 2030 is expected to be around $50tn, which approximates to global gross domestic product (GDP) of 2012.

                                      "There is a deeper issue confronting this large global asset class. In the new era of greater risk intolerance, Basel III and higher liquidity ratios, an aggregate investment of $50tn probably cannot be funded (through public private partnership model)," it said.

                                      He said China, Brazil, India and the GCC (Gulf Co-operation Council) states have embarked on ambitious programs to expand their infrastructure frameworks to support economic transformation and greater urbanization.

                                      Other nations have turned to investment in large scale infrastructure projects as the stimulant to accelerate the anaemic growth that has followed the deep global financial recession of the post 2008 period. These factors combine to distort the distribution of proposed infrastructure investment skewing it towards the near term, Holmes said, adding "on average, we expect this asset class to represent around 3% to 4% of global GDP but we estimate that over the period to 2018, demand equals around 6% of GDP."

                                      In those countries that have embarked on large scale programs to transform their economic position – for example China, Qatar, India and Brazil – the figure is closer to 9% of GDP.

                                      The current difficulty is that many states are now so burdened by the combination of high levels of sovereign debt low growth economies that they are reluctant or unable to finance their infrastructure programs through public purse, it said, adding instead they turn to public private partnership (PPP).

                                      Holmes said PPP model – which is practiced widely in the UK, Canada and Australia – was designed to access private capital and transfer development risk to the private sector but is not a panacea as many thought and recent history indicates that PPP is only marginally fit for purpose.
                                      Gulf Times
                                      12 September

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