New car sales in Lebanon up 7.4%
New car sales rose 7.4 percent in the first eight months of 2012 as 27,832 units, including commercial vehicles, were...
Business
Ma’aden gets $320 million financing for aluminum project
Saudi Arabian Mining Co (Ma’aden) said it had signed financing agreements worth $320 million with a Saudi government fund to...
Arab fashion posts 400% growth
Arab fashion industry has registered a solid growth of more than 400 per cent over the last decade with the...
Holcim Liban declares net profits of $9.1 million
Holcim Liban, one of Lebanon’s leading cement producers, declared net profits of US$ 9.1 million in the first half of...
Samsung Engineering wins Aramco lubricants JV expansion
South Korean group Samsung Engineering is to double the capacity of a Luberef oil lubricants refinery in Yanbu that is...
Saudi automotive sector to hit $7 billion
The Saudi automotive industry is projected to reach around SR26 billion ($7 billion) in the coming years, industry experts said....
Saudi franchising sector most promising in Mideast
Franchising is positioned for explosive growth in countries scattered throughout the Middle East, Francorp said in a report, with new...
UAE automotive market to grow around 23%
The UAE automotive market is expected to record a significant 23 per cent growth in 2012 against nine per cent...
Major Fisheries Zone envisaged in Oman
Plans for the development of a Special Economic Zone at Duqm envisage the establishment of a Fisheries Zone integrated with...
Lebanese pharmaceuticals market $1.3 billion
Business Monitor International estimated the size of Lebanon's pharmaceuticals market at $1.28bn in 2012, constituting an increase of 6.4% from...
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