Dubai-based Nesto to invest $267 million in Saudi retail sector
Nesto Group, a Dubai-based retail giant, has announced an ambitious plan to invest SR1 billion ($267 million) in the Saudi...
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UAE is world’s 25th biggest importer of commercial services
UAE is the world’s 25th biggest importer in commercial services, according to the most recent classification by the World Trade...
Qatar retail sales to grow 6.7% until 2016
Retail sales in Qatar are expected to grow at 6.7% until 2016, making it the third fastest growing market in...
Saudi Polymers starts commercial production
Saudi Polymers Company (SPCo), a joint venture between Chevron Phillips Chemical Company LLC and National Petrochemical Company, has started commercial...
RAK: Boosting cement production
With demand for cement in Ras Al Khaimah (RAK) poised to rise and regional projects already driving up exports, there...
Forbes: King Abdullah the most powerful person in the Arab and Muslim world
Custodian of the Two Holy Mosques King Abdullah is the most powerful person in the Arab and Muslim world, according...
UAE chemical investment put at $12 billion
New mega projects will boost the UAE's investment in the petrochemicals industry to nearly $12 billion by 2015 to maintain...
Saudi industrial sector set to rise to 24% of GDP
By 2020, the Saudi industrial sector is expected to grow to 24 percent of the gross domestic product (GDP), Abdulla...
Saudi Sabic reaffirms sustainability commitment at Qatar Sustainability Expo
The Saudi Basic Industries Corporation ( Sabic ) is participating in the Qatar Sustainability Expo, which coincides with the United...
Saudi Arabia invests $50 billion in mining sector
Top oil exporter Saudi Arabia is investing more than $50 billion in its mining sector, the country's oil minister Ali...
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