HomeWorld

News World

BMW sees record ME sales growth

Global auto giant BMW Group witnessed solid sales growth in the Middle East region with a 13 per cent jump in its sales for the first half of 2012 compared to the same

Qatar budget surplus baloons to $12bn

Qatar's government budget surplus jumped to QR44.5 billion ($12.2 billion) in its 2011/12 fiscal year which ended in March, double the original plan, a prospectus 

Bahrain FDI rebounds to $781m in 2011

Foreign direct investment (FDI) in Bahrain bounced back strongly last year to $781 million after a period of serious decline in the wake of the global financial crisis, 

Fitch downgrades Egypt credit ratings

Fitch Ratings has downgraded Egypt's sovereign credit rating deeper into junk status citing the rising political crisis after the nation's Supreme Constitutional court

Bahrain construction sector may lose 3,500 jobs

Bahrain's construction sector could be devastated with the loss of more than 3,500 jobs because contractors have not been paid by a real estate developer.

Sliding oil price ‘may hit Middle East projects’

The Middle East oil exporting states will probably ride out weak oil prices comfortably, but if oil drops below the price at which they can balance their budgets

Bahrain port ‘GCC’s most productive’

Bahrain's Khalifa bin Salman Port (KBSP) is one of the GCC's most productive harbours, said the chief executive officer of managing company APM 

Qatar index falls to eight-month low

Qatar's index slumped to a new eight-month low in sluggish trade, with local and foreign investors little tempted to open new positions due to a lack of company

QSTec looks for talent to build solar hub

Qatar Solar Technologies (QSTec) is urging polysilicon and solar industry experts to join the organisation to be a part of building a new industry of solar energy

ME wealth funds’ global investment falls sharply

Major sovereign governments and sovereign wealth funds (SWFs) in the Middle East are investing less internationally than they have done at any point in the last three years

Sharia products see significant growth

Islamic financial products represent a class of investment which appeals to those looking for socially responsible or ethical investments and are a fast-growing asset class

Airports lead GCC contracts with $2bn

Airports captured the bulk of transportation contracts awarded in the first five months of 2012 with $2 billion worth of projects throughout the GCC.
- Advertisement -

MOST POPULAR

HOT NEWS