Beirut Chamber of Commerce launches fund in support of entrepreneurs and SMEs
The Beirut & Mount Lebanon Chamber of Commerce, Industry & Agriculture (CCIB) launched a seed capital, development and orientation fund...
Economy
Value of global gold demand hits record high of $236 billion in 2012
In value terms, gold demand in 2012 was $236.4 billion, an all-time high, the World Gold Council reported in its...
Iraq bought 24.1 tons of gold last year
International Gold Council disclosed a report that Iraq bought 24.1 tons of gold during 2012, according to news published by...
UAE draft law allows full foreign ownership of firms
The Federal National Council (FNC) will be reviewing a draft commercial companies law that would allow full foreign ownership of...
Container activity at Port Of Beirut surges 15.42%
The total container activity at the Port of Beirut (PoB) increased by 15.42% y-o-y during the first month of 2013...
Saudi economy to grow 230% by 2030
Saudi Arabia's economy will more than treble to $3 trillion by 2050, making it the 18th largest economy in the...
Jordan receives $200 million Saudi grant
Finance Minister Suleiman Hafez said that Jordan has received an additional grant from Saudi Arabia totaling $200 million, ordered by...
Iraq's ports record highest-ever returns
Revenues from Iraqi ports reached $30 million in December 2012, the highest monthly yield in their history. Meanwhile, the Ministry...
UAE non-oil trade grows to $186 billion in eight months
The foreign non-oil trade of the UAE maintained its positive growth during the period from January to August 2012 compared...
SMEs can create 4 million jobs for Saudis
Small and medium-sized enterprises (SMEs) can create between three and four million jobs for Saudis, provided they have access to...
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