Global oil consumption to slightly increase in 2012
Global oil demand is projected to reach 89.8 million barrels per day (b/d) in 2012, constituting an increase of 1% ...
Country: Other GCC
GCC power investments put at over $63 billion
Gulf hydrocarbon producers are expected to pump more than $63 billion into projects over the next five years to expand ...
GCC urged to develop gas sector amid mounting domestic demand
Gulf hydrocarbon producers need to improve the natural gas sector amid growing gas demand to fuel rising power consumption, the ...
GCC electricity linkage project proved successful
The Saudi Minister of Water and Electricity Engineer Abdullah bin Abdulrahman Al-Hossein said that electrical linkage among the Gulf Cooperation ...
The IMF revises upward the MENA region’s 2012 real growth projections
The International Monetary Fund (IMF) issued its latest World Economic Outlook report in which it revised upward the MENA region’s ...
IMF: Oil boom to spur MENA region's growth
High oil prices will support economic expansion in the Middle East and North Africa in 2012-2013 as importers grapple with ...
Mena oil producers plan $740 billion investment in energy projects
Oil producers in the Middle East and North Africa plan to invest $ 740 billion in energy projects in the ...
23% of Arabs use the internet
The active users of internet have increased in the last two years by 23 per cent in the Arab world, ...
Arab stock markets gain $40 billion in 9 months
Arab stock markets have largely fluctuated this year but ended the first nine months with a gain of nearly $40 ...
Emax invests Dh100 million in 15 stores across GCC
Electronics retailer Emax is investing Dh100 million to open 15 new stores across the UAE and GCC by June 2013, ...
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