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Qatar GDP growth quickens to 6.2pc in Q3

Growth in Qatar's gross domestic product, adjusted for inflation, accelerated slightly to 6.2 percent year-on-year in the third quarter of 2013, from 6.0 percent in the second 

Saudi seeks bids to build integrated gas/solar plant

Saudi Electricity Company (SEC) has invited companies to build, own and operate Saudi Arabia's first fossil-fuel fired power plant to use solar energy to cut carbon emissions,

Bahrain sees more foreign investment in 2014

Bahrain remains focused on attracting more specific foreign direct investment in the next year, according to a top minister.

Dubai housing prices up 22pc

Residential property prices in the Dubai housing market registered a 22.4 per cent year-on-year (YOY) increase in November, said the Dubai Residential Property Sales Index.

UAE firm brings salmon farming to the desert

After golf courses in the desert and a ski slope in a shopping mall, the United Arab Emirates is now turning its hand to farming cold water fish such as salmon

Mena online ad spend to hit $1bn

Online advertising expenditure in Mena, estimated to be around $300 million today, is growing rapidly at 37 per cent a year and the spending is expected to reach $1 billion

GCC govts to ensure ‘skills-based education’

GCC governments need to ensure that educational systems are equipping students with skills that enable their countries to build diversified, knowledge-based

GCC to set up Europol-style police force

A unified GCC police force to tackle crime and deter new threats was approved by their interior ministers last night, said a report.

Looming budget crunch pushes Oman toward debt market

When Oman's finance minister declared this month that the public sector wage bill might jump $2.3 billion next year - money which the government had not yet found -

Saudi firm buys into Egyptian power group

SaudConsult, one of the kingdom’s largest engineering firms, has joined hands with top investment funds – BPE Power and BPE Investments to acquire a 40 per cent stake in Egyptian firm Power Generation Engineering and Services Company

UAE plans $5.5bn additional development spend

The president of the UAE on Sunday announced an extra 20 billion dirhams ($5.5 billion) of spending on approved development projects and launched a new scheme 

The President of CONECT to AfricanManager : ‘’A second revolution would be economic ‘’

In an interview with Africanmanager, President of CONECT, Tarek Cherif said the second revolution would be economic as everyone is concerned about political and electoral considerations, noting that the economic and social revolution which all Tunisians have been waiting for a long time is coming. ...
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