Egypt planning $540 million petrochemical projects with UAE
Egypt has proposed three petrochemical projects to the UAE for a total investment of $540m, according to a senior official...
Business
Qatar's retail market reaches $8.9 billion mark
Given the infrastructure boom and rapidly growing population, size of Qatar's retail market has touched QR32bn ($8.9bn) mark, local Arabic...
Qatar seeking growth through fertilizers
Qatar is well on the way to becoming one of the world’s leading producers of chemical fertilizers, steadily developing new...
GCC insurance industry triples over premiums
The GCC insurance industry has tripled between 2006 and 2013, as insurance premiums grew from $6.4 billion to $18.4bn, according...
Egypt's public sector grocery stores see first profits in decades
Egypt's three state-owned grocery chains generated profits in June for the first time since their establishment in 1968, reported Al-Ahram...
Saudi insurance market remains tight
The crowded insurance sector in Saudi Arabia has come under pressure with low penetration rates and rising costs, highlighting the...
Retail explosion may lure top brands into Oman
The retail sector in Oman is set to enjoy solid growth in 2014, with disposable incomes on the rise and...
GCC Insurance Regulatory Landscape Positive for Credit
The insurance industry in the countries comprising the Gulf Cooperation Council (GCC) – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and...
KAEC Attracts 3 New Firms to Set up Plants in Industrial Valley
King Abdullah Economic City (KAEC) has signed contracts with new three manufacturing companies that are investing in the city's Industrial...
Egyptian cement producers face energy cuts
Muted levels of construction activity since the 2011 revolution, combined with constraints on electricity supply, has stifled operating conditions for...
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