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)...
Economy
New oil plan to provide work for 10 million Iraqis
Deputy Premier for energy affairs Hussein Shahristani announced that the oil plan will provide Iraq with additional $6 trillion and...
Jordan receives $200 million U.S. grant
The $200 million additional US grant announced during the visit of President Barack Obama to Jordan in March was transferred...
Saudi budget revenue seen up 26% in 2013
Strong oil prices will ally with high production to boost Saudi Arabia's actual budget revenue by nearly 26 per cent...
Qatar's proven gas reserves to last around 160 years
Qatar's proven gas reserves estimated at 885 trillion cubic feet (tcf) will last around 160 years at the 2011 production...
Abu Dhabi: Open for business
A new free zone planned in Abu Dhabi could spur on further investment in the local economy. On May 5...
Expats accounted for 94% of Qatar's labor force in 2012
Expatriates accounted for 94% of the country's total labor force of 1.3mn in 2012, shows a new report. This, according...
Labor shortage in Saudi Arabia to increase expat pay
A labor shortage caused by the departure of thousands of illegal foreign workers, along with increasing commercial activity in the...
Bahrain: Room to grow
With the industrial sector looking to post positive growth in 2013 on the back of increased regional demand, steps are...
Non-hydrocarbon sector in GCC to grow by 5.1% in 2013
The Institute of International Finance projected real GDP growth in the economies of the Gulf Cooperation Council (GCC) at 3.8%...
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