GCC assets surge $456bn in 2011
A surge in oil prices and region’s crude production boosted the net foreign assets of Gulf hydrocarbon producers by a ...
Country: Other Middle East
$1.5 billion the volume of Iraqi investments in Jordan
The Iraqi businessman Jawad Kassab estimated the volume of tourism investments in Jordan, at $ 1.5 billion, but he linked ...
Iraqi construction industry enjoying better times
Iraq’s construction industry is experiencing a rapid period of growth as the country benefits from the relative political stability of ...
Kuwait Tamdeen Real Estate to launch KWD70m local project
Kuwait's Tamdeen Real Estate Co plans to embark next year on a new real estate project at a total cost ...
Iraq to import 250MWs from UAE
Iraqi Ministry of Electricity will import 250 megawatts from the United Arab Emirates in a bid to reduce the electricity ...
High oil earnings to boost Kuwaut's spending
The outlook for Kuwait’s banking system over the next 12 to 18 months remains stable, according to a recent report ...
GCC economies to benefit from rising oil prices in coming years
Standard & Poor’s considered that the economic prospects of oil-exporting economies in the Gulf Cooperation Council (GCC) look healthier over ...
Arab world population to double by 2050, report
The urban population of the Arab States, which already quadrupled between 1970 and 2010, will more than double by 2050, ...
Kuwait's 'Burooj Views' completed
The construction “Burooj Views” tower developed by Burooj Properties is completed. Tamouh, the main developer of the project, announced the ...
$102m residential project to be constructed in Basra
Zubair Residential Community in Basra province will be constructed at a cost of 119bn IQDs ($102m), reported the Iraqi Ministry ...
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