Saudi Arabia to have higher fiscal surplus than expected in 2013
Saudi Arabia will record a high fiscal surplus in 2013 for the third year running as the world’s dominant oil...
Business & Economy
Sukuk issuance to cross $100 billion mark in 2013
Global Islamic finance is expected to maintain its rapid pace of growth, strengthening its credibility as a real alternative to...
Spectrum begins first onshore oil survey in Lebanon
The first phase of the onshore oil and gas survey started in the Batroun region amid expectations that Lebanon might...
Saudi Arabian Airlines to buy 35 new aircraft to meet demand
Saudi Arabian Airlines will purchase 35 new aircraft shortly as part of its strategic plan to strengthen its domestic and...
Qatar’s population crosses the 2 million mark
The Qatar Statistics Authority (QSA) said the country’s population stood at 2,035,106 on September 30 this year, which was a...
Mobily selects Ericsson for key expansion in Saudi Arabia
Etihad Etisalat (Mobily) has signed an agreement with Ericsson to introduce 4G/LTE 1800 in the Western Region and to transform...
Vodafone consortium to launch 1,400km fiber network in the Gulf
Britain's Vodafone and three Gulf telecoms companies have formed a consortium to launch a 1,400km fiber network to meet rising...
UAE to record large fiscal surplus
allow it to record another large fiscal surplus in 2013, a Saudi bank has said. A sharp rise in oil...
Saudi big-ticket projects boost cement demand
Saudi Arabia continues to enjoy hefty cement demand owing to large numbers of big-ticket projects being announced by the developers...
International Finance Corporation’s investments in Lebanon at $2.3 billion
The investment portfolio of the International Finance Corporation (IFC), the private sector arm of the World Bank, shows that its...
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