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MENA Private Equity Association Launches at DIFC

 The MENA Private Equity Association announced its official launch at the Dubai International Finance 

Solid growth for GCC despite global gloom

Despite the prospect of further turmoil in global financial markets, GCC economies will see another year of solid

UAE, Korea trade volume hits $23bn

The trade volume between the UAE and South Korea reached $23 billion in 2011 according to new figures released ahead of the inaugural ‘Made in Korea’ (MIK)

Gulf states urged to repair ‘appalling’ worker conditions

The Gulf states should expand social reforms planned in the wake of the Arab Spring protests to include 

Dubai has 13,349 hotel rooms in pipeline

Dubai has more than 13,300 hotel rooms in the construction pipeline, more than the combined total of the next 

MidEast hiring highest in world, say CEOs

Nearly half of more than 1,200 CEOs polled worldwide believe the global economy will decline even further

Abu Dhabi eyeing 10,000 aerospace jobs by 2030

The UAE hopes to become a key supplier to aerospace giants Boeing and Airbus

Abu Dhabi sees record 2.11m hotel guests

Abu Dhabi has recorded its most successful year ever in terms of hotel guest arrivals with more than 2.11 million people staying in the emirate’s hotels and hotel apartments – beating its 2011 target by 6.5 per cent

Al Ghurair eyes $1.5bn investment in Libya

UAE-based Al Ghurair Group is planning to invest $1.5 billion in a refinery over the next four years

Euromoney to host key GCC banking summit

Euromoney, the specialist financial publisher and conference organiser, is returning to Bahrain

Financial gains top expat priorities in Saudi

Twenty-eight per cent of the expats in Saudi Arabia rated financial wealth and financial security 

Mideast tools industry set for growth

Growth prospects for the hardware, machinery and tools industries in the Middle East continues to look buoyant, driven by what is primarily an import-dependent
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