Over 40 firms express interest in Lebanese gas exploration
Lebanon’s first gas tender, set to take place in February 2013, is expected to attract more than 40 international oil...
Economy
Lebanese Central Bank announces $1.3 billion economic stimulus package
Central Bank Governor Riad Salamé announced a financial package aimed to stimulate lending and support domestic demand in 2013. He...
China to become largest economy by 2030
The US National Intelligence Council (NIC) projected the world's real GDP to range between $105.7 trillion and $133.1 trillion by...
Fitch: Expansionary budget to support Saudi growth
Fitch Ratings says an expansionary 2013 budget based on a conservative oil price will support another year of healthy economic...
Oman: Year in Review 2012
The Omani economy saw another good year in 2012, with high levels of growth on the back of increased hydrocarbons...
Qatar's population rises by 7.5% to 1.83 million
Qatar's population has surged 7.5 percent in a year and was more than 1.83 million as on December 31, 2012,...
Law to regulate public-private partnership in Qatar soon
Qatar hopes to soon have a law in place to regulate public-private partnership (PPP) which would allow the private sector...
Jordan endorses a $10.5 billion 2013 budget draft law
Jordan’s Minister of Finance Suleiman Hafez announced that of the total budget figure, JD6.210 billion ($8.740 billion) is allocated for...
Dubai increases spending by 6% in 2013
Dubai has released a 2013 budget plan that would raise spending moderately while cutting the size of its deficit by...
Key Saudi economic indicators to watch in 2013
According to the Central Department of Statistics and information (CDSI), GDP is estimated to reach SR 2,727.4 (US $727.3) billions...
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