Saudi Arabia: Inflation risk downplayed
Several of Saudi Arabia’s major cities – Jeddah, Riyadh and Mecca – and surrounding areas will benefit from plans to...
Economy
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’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,...
Bahrain aims at becoming investment haven
The initiatives taken by the Bahraini government in order to diversify the sources of income have contributed greatly in the...
Iraq‘s fiscal surplus projected at 2% of GDP in 2013
Citigroup indicated that the Iraqi Cabinet ratified the 2013 draft budget that includes spending of 138 trillion Iraqi dinars ($118.3...
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