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Egypt plans to build ME’s biggest car tyre factory

Egypt is planning to build the biggest car tyre factory in the Middle East at a cost of 600 million Egyptian pounds ($109 million), the state ...
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ME airports ‘to pump in $86bn for expansion’

The aviation industry in the Middle East has expanded and is expected to grow further with region's airports set to pump in $86 billion as ...
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Dairy giant begins expansion into MENA region

Saudi Arabia's growing market prompted Fonterra to establish a presence in the country. (Getty Images)Fonterra Cooperative Group Ltd ...
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Abu Dhabi gives Dubai $10 billion bailout

Abu Dhabi stepped in to help troubled fellow emirate Dubai and its state-owned holding company, Dubai World, with $10 billion in financing on Monday ...
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‘Tariff cuts will boost Saudi economy’

Saudi economists and businesspeople have welcomed the government's decision to cut trade tariffs on a number of products, saying it will boost
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Qatar announces plan to change consumer law

Qatar is to introduce amendments to its consumer laws to better protect the rights of shoppers. (Getty Images)Qatar plans to introduce a new
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Oman Infrastructure Report Q1 2010

Industry Forecasts Oman's infrastructure sector has been one of the most resilient in the world to the global economic downturn. We estimate ...
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Real economy shrinking in Lebanon, Jordan

Above 80 percent of foreign direct investment (FDI) in Lebanon and Jordan goes to the real-estate and tourism sectors while the real economy ...
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Egypt: FDI to reach $10 bln

Foreign direct investment in Egypt will reach its $10 billion target for fiscal year 2009/10, Reuters quoted Minister of Investment Mahmoud ...
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Bahrain IT market is expected to pick up in 2010

The total size of the Bahrain IT market in 2010 is estimated at around US$366mn, up from US$345mn  in 2009. BMI expects a market compound ...
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Bahrain central bank confident of Gulf fundamentals

Bahrain's economic growth is going to be faster next year than in 2009. (Getty Images)Bahrain central bank governor Rasheed al-Maraj is very ...
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Dubai debt will not harm real estate sector

Dubai’s recent $26bn debt restructuring announcement will not affect the emirate’s real estate market, a leading property developer said on Monday. ...
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