Emirates starts direct flights between Dubai and Erbil
Emirates said it has commenced its new non-stop service between Dubai and Erbil city in Iraq. The new route is...
Business & Economy
Hermes Datacomms wins contract in Iraq
Hermes Datacomms Middle East, a UK-based Wide Area Network communications specialist, has secured a contract to provide microwave and fibre...
Dana Gas invests $1billion in Kurdistan region of Iraq
Dana Gas and its biggest shareholder and partner, Crescent Petroleum, invested $963 million in the Kurdish region of Iraq by...
$500 billion surpluses for GCC countries in 2012
KFH-Research prepared a report about the economies of GCC countries, where it expected that economies in that region will witness...
Saudi Arabia’s foreign assets surge by SR205 billion
Saudi Arabia's foreign assets increased by nearly SR205 billion in the first half of 2012 after recording one of their...
Saudi Ma'aden’s gold output to rise by 30% in 2014
Saudi Arabian Mining Co. ( Ma'aden )'s gold production is expected to rise 30 percent by 2014 because of the...
Oman posts record budget surplus
Oman's budget surplus surged to a record high of RO1.683 billion ($4.37 billion) in the first half of 2012, on...
Mercedes-Benz delivers 250 trucks to Iraq
Mercedes-Benz recently delivered 250 of its Actros trucks to Iraq's State Company for Automotive Industry (SCAI) to assist in reconstruction...
Mighty Saudi Economy
Numerous indications point to the steady growth of the Saudi economy, thereby further strengthening the global position of the kingdom's...
GCC on solid growth track
Backed by high oil prices, strong government financial balances and a continued wave of public spending on infrastructure projects and...
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