1.8 million SMEs operating in Saudi Arabia
There are 1.8 million small and medium businesses in the Kingdom yet only 71% of which are actually operating. About...
Economy
Bahrain non-oil trade grows 20%
Bahrain's real GDP is estimated to have expanded 3.9 percent in 2012 from the 1.9 percent growth seen in 2011....
GCC is 13th largest world economy
Gulf hydrocarbon producers emerged as the 13th most powerful economy in the world in 2011 while strong oil prices allowed...
Qatar's non-oil sector set to grow
Manufacturing sector, particularly in petrochemicals, and the roll-out of infrastructure projects in the run-up to the 2022 World Cup, would...
High oil prices insulating GCC from political uncertainties
Standard & Poor's indicated that high global oil prices are promoting growth in the countries of the Gulf Cooperation Council...
Oman's economy up 11.6% in 2012
Strong oil prices and high public spending boosted Oman's GDP by nearly 11.5 per cent in current prices in 2012...
How should we spend the oil wealth?
Lebanon is years away from filling its coffers with money gained from drilling the seas for oil, but that isn’t...
Kuwait eyes $42.15 billion surplus in 2013-2014
After trading broadly flat through March, crude oil prices dropped sharply in early April. The price of Kuwait Export Crude...
Saudi economy to gain over $24 billion in 2013
Higher oil prices will ally with record spending to boost Saudi Arabia's economy by more than $24 billion in current...
Qatar's economy has grown by 15.5% over the past 5 years
Figures by National Bank of Kuwait ( NBK ) showed that Qatar's economy has grown by an average 15.5 per...
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