Oman to sustain economic growth
Higher-than-forecast oil revenues should allow Oman to sustain economic growth for the rest of the year, as well as put...
Economy
Iraq negotiating with Nissan Motors for establishing a complete factory
The Iraqi Automobile Company's director general disclosed that negotiations are underway with the Japanese company Nissan to sign a partnership...
Saudi revenue seen at $295 billion a year till 2016
Saudi Arabia will collect $295 billion a year in government revenue from 2012 to 2016 amid high oil prices, Samba...
Slowdown in global markets to marginally impact GCC countries
Barclays issued its quarterly report on emerging countries in which it indicated that the slowdown in global growth and financial...
Qatar to emerge key player in global merger and acquisition (M&A) deals
There is a pent up demand for business in the merger and acquisition (M&A) in the GCC. The activity is...
Abu Dhabi’s public expenditures at an all-time high
According to the International Monetary Fund, (IMF), Abu Dhabi’s public expenditures reached an all time high of US$ 85.7 billion...
Iraq's economy shows signs of growth
Businessman Issam al-Assadi reclines in a chair in his spacious villa with sweeping views of the Tigris River, as a...
Qatar plans to invest $130bn in non-oil sectors
Qatar plans to invest about $130 billion in its non-hydrocarbon sector in 2012-2018, the General Secretariat for Development Planning (GSDP)...
Dubai’s nonoil trade rises to AED 298 billion in Q1
Dubai's nonoil foreign trade has achieved 6.6 percent growth during the first quarter of 2012, amounting to over AED 298.1...
Robust economic growth projected for GCC
Despite heightened regional geopolitical risks, four out of six GCC countries and the UAE in particular are poised to witness...
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