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UAE private education valued at $1.9bn

Valued at $1.9 billion, the private education sector in the UAE is one of the largest in the world, exceeding that of China, said the organisers of an upcoming education trade show

GCC healthcare spending to grow 11pc

The GCC healthcare industry spending is set to increase by 11.4 per cent from 2010 to 2015 propelled by demographic and macroeconomic factors in the region, said a

Saudi Arabia plans unemployment insurance

Saudi Arabia will introduce compulsory unemployment insurance this year for all citizens with jobs, the world's top oil exporter said on

MEA consumer Internet traffic to hit 31pc

The Middle East and Africa (MEA) region’s consumer Internet traffic is set to reach 31 per cent by 2017, from only 10 per cent in 2012, said an

Suez Canal master plan to be ready in 9 months

Egypt has invited 14 consortia to bid for a chance to say how they would develop the Suez Canal area, officials said, aiming to attract more ships and revenue to shore up

Opec December output falls to 2 1/2-year low

Opec's oil output fell in December to the lowest since May 2011, a Reuters survey found, due to strikes and protests in Libya, stagnation in Iraqi exports and a further reduction

Positive rating of Oman’s economy

Ratings agency Standard and Poor’s (S&P) affirmed its ‘A/A-1’ long and short-term foreign and local currency sovereign credit ratings on the Sultanate. The outlook

BP wins approval to develop shale gas project in Oman

BP has won official approval to develop a key shale gas project in Oman at a cost of $16 billion (11.6 billion euros), the British energy giant said on Monday.

Saudi princess buys historical Geneva estate at ‘record’ price

A Saudi princess has bought a historical Geneva estate that once belonged to a former Swiss president for 57.5 million Swiss francs

Libya port unloading hits record

Container unloading at Libya's Misrata port has hit record levels this year and the major shipping gateway is expanding, a local official said, in a rare success story in the troubled 

GCC seeks food security in Europe after African problems

The desert states of the Gulf are changing tack in their multi-billion dollar search for food security.

Dubai airport to top 65.4 million passengers

Dubai International, the world’s second busiest international hub, is set to surpass the traffic forecast for the year, as the airport recorded another month of high
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