World Bank: Omani development model unique in the Arab world
A new World Bank report has praised Oman’s development model post-Arab Spring that could serve as a source of inspiration...
Economy
Abu Dhabi: Boosting the manufacturing sector
Industrial activity is on the rise in Abu Dhabi as the emirate’s drive towards sustainable economic diversification under Abu Dhabi...
Saudi Arabia shifts weekends to Friday and Saturday
By royal decree, Saudi Arabia's weekend is shifting to Friday and Saturday as opposed to Thursday and Friday. King Abdullah...
Qatar GDP growth rate seen at 5% this year, 4.9% in 2014
Bank of America Merrill Lynch has maintained Qatar’s GDP growth rate at 5% this year and 4.9% in 2014 even...
Saudi Arabia: Strong fundamentals support positive outlook
Sound fiscal management and healthy reserves have set Saudi Arabia on track for an upgrade of its key ratings, improving...
Remittances of Jordanian expatriates and tourism revenue reach $2.773 billion
The total of remittances by Jordanian expatriates and tourism revenue reached $2.773billion at the end of May 2013, according to...
Japan announces $120 million soft loan to Jordan
Japan will provide Jordan with a budget support soft loan worth approximately $120 million (around JD85 million), according to a...
GCC retail market set to reach $221 billion by 2015
Growing population in Qatar and the UAE and higher per capita income are among the key drivers of the GCC...
Iraq to raise $6 trillion from oil and gas sales by 2030
Iraq unveiled an ambitious energy strategy that aims to raise $6 trillion (4.5 trillion euros) from oil and gas sales...
Foreign investment in Oman has grown to $33 billion
A study conducted by the National Centre for Statistics and Information in collaboration with the Central Bank of Oman (CBO)...
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