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Bahrain banks’ liquidity healthy

The Bahrain bank's liquidity, which ranges between $7 billion and $8 billion, should be directed to boost the Kingdom's economy,
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Kuwait delays privatisation of ailing flag carrier

State-owned Kuwait Airways has delayed plans to privatise the airline and will now push ahead with the restructuring of the ailing carrier
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Qatar’s Rasgas extends LNG deal with French energy giant

Qatar's Rasgas has extended a long-term deal to supply France's EDF with up to 3.4 million tonnes of liquefied natural gas (LNG)
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Gulf monetary union hard to work says economist

The GCC states will be well advised to learn from the mistakes of the Euro zone countries as they embark on the planned monetary
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Bankers embrace ‘suitcase model’ for Dubai

Dubai, the Gulf financial hub, has witnessed an exodus of top talent as big international investment banks return to their pre-boom business 
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India, Gulf ‘can achieve higher growth together’

India and the Gulf countries have the opportunity to play a key role in each other’s bid to achieve accelerated economic growth
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Kuwait wealth fund aims to boost China investments

Kuwait Investment Authority (KIA), the Gulf state's sovereign wealth fund, plans to boost its investments in China after opening an 
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All Dubai expats to pay housing fees by June

Dubai Municipality plans to charge all expats housing fees by the end of June 2012 as authorities roll out a city-wide campaign 
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Saudi inflation rate climbs to eight-month high

Saudi Arabia's inflation climbed to an eight-month peak of 5.3 percent on an annual basis in September, official data showed on Sunday.
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MENA banks seen resilient despite European crisis

AlembicHC said it expected banks in the Middle East and North Africa (MENA) region to remain resilient despite a negative impact from
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Saudi, Sudan to explore Red Sea basin for gold and silver

Sudan and Saudi Arabia plan to produce within three years gold, silver and copper in large quantities from the bottom of the Red Sea,
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Value of GCC fits-outs to grow by $1.17bn this year

Investment in interiors and fit-outs in the GCC this year are set to increase 26 percent on the $4.5bn spent last year, a new survey said on Sunday.
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