Bahrain-based Gulf Petrochemical Industries Company (GPIC) has achieved a net profit of $265 million in 2011, registering an increase of $138 million compared
Majid Al Futtaim Holding (MAF) has agreed terms for a new $500 million loan to fund a shopping centre in Egypt where the mall developer had to take writedowns
Partnerships Technical Bureau in Kuwait (PTB) has invited companies to submit expression of interest (EoI) to invest in an Integrated Rolling Stock and Systems
Abu Dhabi has registered a 5 per cent growth in the number of guests staying in its hotels and hotel apartments during February, compared to the same month last
Arabtec, the largest builder in the UAE by market value, will be hiring thousands of additional workers this year in anticipation of winning more contracts
Illicit trading in cigarettes is costing the Egyptian government approximately EGP4 billion ($663 million) annually, or three per cent of the current budget deficit,
The total direct contribution of travel and tourism to the GDP in GCC countries is expected to reach $44 billion this year, up 27 per cent from 2009, the peak
Bahrain’s economy bounced back despite the repercussions of the February-March 2011 unrest, expanding by 3.2 per cent in fixed prices in the fourth quarter of last
