50% increase in trade via Kurdistan-Iran border
The trade exchange in the past six months via Haji Omran border point has increased 50% as compared to the...
Economy
UAE 3rd most competitive economy in Middle East
The UAE ranks as the third most competitive economy in the region after Qatar and Saudi Arabia, according to the...
Qatar’s economic growth outlook remains bright
Backed by enormous energy resources, Qatar is set to generate a current account surplus of 31.8% of GDP this year,...
More than half of GCC population under age 25
The countries of the Gulf Cooperation Council (GCC) have a low population compared with other regions, totaling 45 million people...
Middle East economies to outpace rest of world
The move comes despite a backdrop of deteriorating global prospects, the multilateral lender said. It expects the regional economy to...
Saudi Arabia 3rd richest in natural resources in the world
Saudi Arabia ranks third globally among the 10 countries with the most plentiful and valuable natural resources, according to a...
Saudi mortgage law to spur Islamic finance
Saudi Arabia's approval of a landmark mortgage law this week after a delay of more than three years will give...
Qatar’s real GDP rises by 6.9% year-on-year in the first quarter of 2012
According to the Qatar Statistics Authority, the State’s real GDP rose by 6.9% annually to reach US$ 22.7 billion in...
Qatar most innovative GCC economy
The international business school INSEAD, in conjunction with the World Intellectual Property Organization released the 2012 Global Innovation Index in...
Oman's budget surplus rises to $4.2bn
Oman's budget surplus rose to OR1.6bn ($4.2bn) in the first five months of this year as oil revenue soared, while...
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