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Kuwait credit growth up 5.2pc

The credit growth in Kuwait has bounced back following a large drop in October, thus registering a solid 5.2 per cent growth taking the year-to-date (ytd) total

Oman mulls curbs on expat hiring

Oman's government has asked its departments to review policies on hiring of foreign workers, in a sign that the Sultanate, like some other Gulf States, may try to

Dubai real estate sees selective recovery

The real estate market in Dubai is witnessing a selective recovery as optimism returns over the second half of 2012 with a flurry of new project announcements, 

Bahrain property values hit by unrest: report

Part of Bahrain's real estate sector has halved in value as a result of the unrest, said a new study, adding that only a handful of investors have gone ahead with development

Aramco unveils big gas exploration plan

Saudi Aramco has announced plans to boost its gas drilling and development operations as part of its strategy to use more gas, instead of oil, for electricity generation 

Wealthy Gulf investors warm to Africa

Wealthy Gulf Arab companies are boosting their investment in Africa's vast lands and untapped resources, marking a shift for investors who have traditionally

Cairo ranked among top ICT-driven cities

Cairo has been ranked 17 in list of 25 of the world cities leveraging ICT for economic, social and environmental development by Ericsson, a global leader in telecom 

Bahrain in move to boost foreign investment

Measures that can attract more investment into Bahrain, especially regarding speedy completion of transactions and issuance of licences for foreign investment

GCC student numbers to reach 11.3m

The total number of students in the GCC is projected to reach 11.3 million by 2020, intensifying the demand for high-quality education programs, said the organisers

Islamic finance sees solid growth

International Islamic Financial Market (IIFM) is making progress across a wide range of Sharia products issued, said experts at its 27th board meeting hosted 

Saudi extends bidding for gas field

Saudi Aramco has extended the deadline to bid for the development of the Midyan gas field by three weeks to January, two industry sources said

UAE ‘top destination for European expats’

UAE is one of the top destinations for European expatriates looking for new opportunities and an improved quality of life, according to the latest study by Damac
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