Dubai economy grows by 3.4 pct in 2011
Dubai’s economy expanded by 3.4 percent in 2011, helped by strong trade flows and rising tourist numbers, Arif Obaid al-Muhairi,...
Economy
Saudi per capita income may hit SR116,900
Experts have predicted that Saudi per capita income in the gross domestic product (GDP) will climb to SR 116,900 but,...
Jordan annual pharmaceutical exports worth $650 million
The Kingdom’s annual pharmaceutical exports amount to $650 million, Jordan Food and Drug Administration (JFDA) Director General Hayel Obeidat said....
Economic outlook for Middle East in 2012 improves sharply
Middle East economies are set to beat forecasted figures this year, with the GDP growth of 3.8% in 2012 and...
Gulf’s $46 billion ports bring capacity seeking market
GCC states risk creating a glut in container capacity as they spend $46 billion on port projects amid sputtering global...
UAE’s nominal GDP rises by us$ 62 billion in 2011
According to the International Monetary Fund (IMF), strong crude prices, coupled with high output boosted the UAE’s nominal GDP by...
Bahrain GDP to grow 4-5%
Bahrain's annual gross domestic product (GDP) is expected to grow by 4-5 per cent in 2012, driven primarily by increases...
Iraqi economic growth highest among Arab countries in 2012
The Arab Organization to Guarantee Investments and Exports released a report and voiced expectations that the Iraqi economy will be...
Saudi nonoil exports rise 31 percent to SR 176.57 bn
The value of Saudi Arabia’s nonoil exports rose by 31 percent to SR 176.57 billion in 2011 compared to the...
Retail on the rise in Abu Dhabi
The emirate’s retail sector is looking ahead to busier times, with solid sales growth expected and a swathe of new...
The resource of credible, industry-specific updates