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...
Business & Economy
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...
UAE says real GDP grew 4.2% last year
The United Arab Emirates' economy grew 4.2 percent in inflation-adjusted terms last year, Economy Minister Sultan bin Saeed al-Mansouri said....
Qatar’s SMEs contribute 15%-17% of non-oil GDP
Qatar has 8,000-11,000 small and medium enterprises (SMEs) but their contribution to non-oil gross domestic product (GDP) is lower by...
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