Saudi Arabia witnessed unprecedented development in 2012
Saudi Arabia witnessed unprecedented progress in the educational, health and industrial sectors during the Hijrah year 1433 (2012) which ended...
Economy
Dubai predicts stronger growth
Dubai has revived its growth forecasts in a sign of the indebted emirate's growing confidence in its nascent economic recovery....
Saudi exports to Asia to surge till 2030
Saudi exports will accelerate momentum to Asian countries, HSBC's latest country Trade Forecast report released. "Asia will be the fastest...
Saudi Arabia: Inflation risk downplayed
Several of Saudi Arabia’s major cities – Jeddah, Riyadh and Mecca – and surrounding areas will benefit from plans to...
Saudi Arabia’s non-oil private sector activity sustains strong output growth
According to the SABB/HSBC Saudi Arabia Purchasing Managers’ Index (PMI), an indicator of the economic performance of non-oil producing private...
Salaries in Saudi Arabia seen to rise 5.8 % in 2013
There will be an average salary increase of 5.8 percent for Saudi Arabia in 2013, Aon Hewitt, the global human...
Revenues through the Port of Beirut up 5% to $2billion
Figures released by the Port of Beirut show that overall receipts generated through the port reached $2bn in the first...
GCC economies projected to grow robustly
The oil exporting countries in the Middle East, particularly the Gulf Arab countries, are projected to grow robustly during the...
Saudi oil exports fetch $245.6 billion
Saudi Arabia exported nearly 2.25 billion barrels of crude oil in the past 10 months of the current year valued...
Saudi Arabia nets $16.5 billion from pilgrimages
Saudi Arabia raised $16.5 billion from Muslim pilgrimages this year to Mecca and Medina in the west of the kingdom,...
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