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Investment in Bahrain grows amid global crisis

The volume of Bahrain's investment capital has soared by 22.3 percent to top BD15.3 billion ($40.5bn), it has been revealed. New figures were released ...

Oman wants 12 million visitors by 2020

The Oman Ministry of Tourism has set its sights on attracting 12 million visitors by the year 2020. ...

Saudi Arabian construction industry to slide

Saudi Arabia's construction industry value is forecast to contract by 0.7%, reaching SAR 72.57 billion in 2009. Based on the data set from 2009 to 2013, BMI's Q2 of 2009 report on Saudi Arabia ...

Arab investors have lost $2.5tr due to global crisis

Arab financial officials said that the global economic crisis had cost the region's investors about $2.5 trillion, offering a sobering look at the challenges confronting ...

Qatar first South American destination to launch in 2010

Qatar Airways has given the strongest indications yet that it is planning an entrance into a sixth continent next year when Akbar Al Baker, Qatar CEO ...

Libya: Tripoli international fair kicks off

The International Fair of Tripoli, the trade fair which already for 36 years has been a meeting point for local and foreign small and medium enterprises (SMEs), opens in Libya. More than 35 countries have gathered for this ...

Dolphin’s subsea pipeline project to UAE and Oman big success

The General Manager of Dolphin Energy Qatar has described the company's subsea pipeline project that stretches from Qatar to the United Arab Emirates ...

Lebanon’s travel, tourism industry to contribute 9.3 percent of GDP

The World Travel & Tourism Council (WTTC) estimated that the travel and tourism industry would contribute directly $2.59 billion to the Lebanese economy ...

Kuwait population: 1 million citizens and 2.3 million expats

Recent statistics about Kuwait's population and manpower were issued by the Statistics Department at the Public Authority For Civil Information (PACI). ...

Bahrain ranked ‘Best For Business’ in the Gulf by Forbes

Bahrain is ranked No. 1 in the GCC and 33rd of 127 economies in Forbes’ Best Centres for Business 2009 report, confirming that the Kingdom ...

Shaw awarded contract to continue work on Sonatrach LPG recovery facility in Algeria

The Shaw Group Inc.announced its Energy & Chemicals Group has been selected to provide engineering services for Sonatrach’s planned 24 million standard ...

Middle East consumer confidence drops

Job seekers remain optimistic for the future with 28% of respondents believing business conditions, and 25% believing the country's economy, ...
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