GCC GDP likely to touch $1.5 trillion in 2013
The Gulf Co-operation Council’s (GCC) Gross Domestic Product (GDP) is estimated to reach US $ 1.5 Trillion in 2013, according...
Economy
Dubai’s economy returns to growth
A determined optimism is pervading Dubai’s markets, with the emirate’s growth set to top many expectations this year. Few would...
Qatar the most competitive country in the Gulf
Qatar has been named the most competitive country in the Gulf in new rankings published by the International Institute for...
Arab-Brazilian bilateral trade up 37%
Official data released by Arab-Brazilian Chamber of Commerce (ABCC) showed that Arab exports to Brazil hit USD3.4 billion between January...
UAE says real GDP grew 4.2% last year
The United Arab Emirates' economy grew 4.2 percent in inflation-adjusted terms last year, Economy Minister Sultan bin Saeed al-Mansouri said....
Qatar’s SMEs contribute 15%-17% of non-oil GDP
Qatar has 8,000-11,000 small and medium enterprises (SMEs) but their contribution to non-oil gross domestic product (GDP) is lower by...
Saudi non-oil GDP can easily sustain a 5% growth
More than any other country, Saudi Arabia is synonymous with oil and rightly so, holding around 270 billion barrels of...
Saudi economy grew 7.1% in 2011 on high oil prices – IMF
Saudi Arabia's economy grew 7.1 percent last year, while its non-oil sector accelerated 8 percent, the highest since 1981, the...
Japan and Iraq agree to expand business partnership
Japan and Iraq convened their first economic meeting, hailing a new investment accord as a key step in strengthening bilateral...
Iraq holds 4th postwar oil and gas auction
A Kuwaiti-led energy consortium won the right to search for oil and gas in southern Iraq as part of the...
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