Saudi government spends $718 billion in five years
Total volume of government spending in Saudi Arabia amounted to $718 billion during the last five years while investments during...
Economy
New projects in Qatar to add value to energy industry
Qatar is currently working on a number of projects aimed at adding the value of Qatar's energy industry. On upstream,...
Iraq’s 2014 budget projected at $150 billion
Iraq's Deputy Finance Minister Fadhil Nabi said the country's 2014 budget was likely to total 174.6 trillion dinars ($150.12 billion),...
Qatar's GDP to grow 6.5% in 2013
With large-scale public infrastructure projects becoming a key growth driver, Qatar's GDP will grow 6.5% this year and at a...
Rising population to spur non-oil growth in Qatar
Qatar's rising population will have a "large positive" impact on the country's non-oil growth, QNB has said in a report....
Port of Beirut revenues increase by 25%
Port of Beirut (PoB) continues to witness a booming activity. The port’s revenues amounted to $145.72M up to August, a...
Saudi companies may increase salaries by 6%
Companies across Saudi Arabia are predicting an average salary increase of 6 percent in 2014, a slight increase on last...
Shell to start mass production at Iraq’s Majnoon oilfield
Iraq's giant Majnoon oilfield, run by Royal Dutch Shell, will start up production next month at a rate of 175,000...
Oman GDP to reach $95 billion
The Sultanate's economy is projected to reach $95 billion by 2018, with the industrial sector emerging as the fastest growing...
Jordan allocates $6.6 billion for developing capital projects
The government plans to spend around JD4.7 billion ($6.6 billion) on capital projects in governorates over the coming three years,...
The resource of credible, industry-specific updates