Qatar to pay $1.25b to Jordan through GCC fund
Qatar has pledged to pay its $1.25 billion contribution to the Gulf fund to Jordan soon, a senior official said....
Business & Economy
UAE swings to $11bn fiscal surplus in 2011
The UAE's public finances swung into a surplus of 2.9 percent of economic output in 2011 after two years of...
Iraq and Jordan sign agreement in oil and energy sector
Iraq’s Council of Ministers has approved the recommendation of the energy committee to authorize the Minister of Oil to sign...
Iraq and Japan sign agreement to encourage investment
Iraq and Japan signed an investment agreement to encourage investments and boosting cooperation between the two countries, Japanese embassy in...
Lebanon’s banking sector continues to perform strongly
Lebanon’s banking sector continues to perform strongly, with deposits up and liquidity levels strong. Ongoing concerns linger, however, regarding the...
Saudi Arabia moving forward with petrochemicals projects
Saudi Arabia is accelerating efforts to take its industrialization process to the next level, moving from the processing of feedstocks...
Saudi Arabia current account surplus up 33%
Saudi Arabia’s current account surplus would swell from around 27.8 percent of GDP in 2011 to 33 percent in 2012...
Lebanon hosts international UNDP workshop on ICT best practices in urban management
City authorities from across the Middle East and North Africa convened in Beirut recently to hear how UNDP is helping...
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...
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...
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