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Qatar now a shareholder in Porsche

In a festive ceremony, Porsche Automobil Holding SE, Stuttgart, and Qatar Holding LLC (QH) signed an agreement signaling the entry of the Emirate ...

Oman faces significant long-term challenges

Oman is facing significant long-term challenges with regard to the sustainability of growth, volatility, employment creation and governance, said a research report ...

Bahrain one of fastest growing Arab economies

Bahrain is one of the fastest growing Arab economies due to low inflation and “sensible fiscal policies,” while Oman is facing “significant long-term challenges ...

Life returns to Gulf job market

Employers in the construction, finance and hospitality sectors are starting to hire again according to the employment website Monster Gulf. Sammy Dallal ...

UAE investments in Lebanon exceed USD 1 billion

Lebanon’s real estate sector continues to attract major investors despite political and economic challenges, with the July 2009 edition of the ...

Syria has 1,000-megawatt power shortfall

Syria has a daily shortfall of up to 1,000 megawatts (MW) in its electricity supplies, official daily Ath Thawra reported on Sunday, and this has led to power ...

Qatar cinema firm eyes major leisure, homes project

Qatar Cinema and Film Distribution Company plans to build a a “grand recreational and residential project” in Doha.Qatar Cinema and Film Distribution ...

Central Bank: Egypt’s remittances drop 26 percent

Central Bank of Egypt is reporting a nearly 26 percent decline in remittances for the first three months of the year. That's another drop in one ...

UK law firms to run Bahrain banks

The Central Bank of Bahrain has appointed two British law firms to administer a pair of Bahraini banks owned by the struggling Saudi Arabian ...

Abu Dhabi hotels among world’s most costly

Abu Dhabi is now the second most expensive city in the world for business travelers and could soon take the number one spot, according to a new survey. ...

80 Saudi projects worth $20b on hold

About 80 projects worth around $20 billion have been put on hold or cancelled in Saudi Arabia due to the global economic downturn, Dubai-based research firm Proleads Global said in a report on Sunday ...

Bahrain to use renewable energy in 3 years

Bahrain will be able to use renewable energy in the form of solar and wind power in three years, top government officials have said. ...
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