Oman's budget surplus rises to $4.2bn
Oman's budget surplus rose to OR1.6bn ($4.2bn) in the first five months of this year as oil revenue soared, while...
Business & Economy
Iraq: key economic indicators
OIL EXPORTS Barrels per day (bpd) is the daily average of monthly total exports as reported by the Oil Ministry...
GCC to raise global share of aluminum output to 15%
The Gulf Cooperation Council (GCC) will boost their share of global aluminum output to 15 percent by the end of...
Qatar’s real GDP rises by 6.9% year-on-year in the first quarter of 2012
According to the Qatar Statistics Authority, the State’s real GDP rose by 6.9% annually to reach US$ 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...
Qatar buys Valentino fashion house
Italian fashion house Valentino has been snapped up by the Qatari royal family for 700 million euros ($857.5m), the latest...
Lebanese airline MEA to buy 10 Airbus neo jets
European aircraft maker Airbus announced that Lebanese airline MEA has proposed to buy ten of its single-aisle neo passenger planes....
Top 50 banks in the GCC revealed
Saudi Arabia’s Al Rajhi Bank has topped a list of the Gulf’s top 50 banks. Saudi Arabia’s Al Rajhi Bank...
Saudi mortgage law to diversify banking sector
The introduction of a mortgage law in Saudi Arabia will improve the housing supply as well as provide diversification of...
Qatar’s budget surplus triples to $12.2 billion
Qatar’s budget surplus more than tripled to QR44.5 billion ($12.2 billion) in the fiscal year ended in March, double the...
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