GCC capital expenditure to rise by 8.2% in 2013
The GCC’s capital expenditure is expected to rise by 8.2 per cent in 2013 as regional governments step up infrastructure...
Economy
UAE's GDP growth forecast at 4%
A new forecast has pegged UAE's GDP growth at 3.9 per cent, reinforcing the strong sentiment that the economic recovery...
Kuwait plans real estate projects in UAE and London
Al Masaken, the Kuwait real estate firm, has begun plans for projects located in London and the UAE. "Specifically we...
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...
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...
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