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Mena governments under pressure over water demand

The expanding populations, poor water management practices and increasing demand for water and wastewater treatment infrastructure is putting pressure on governments

Kuwaiti billionaire Nasser Al-Kharafi, 67, dies

The billionaire chairman of the Kuwaiti conglomerate Kharafi Group, a major shareholder in telco Zain , has died in Cairo from a heart attack, a Kharafi

Continuing property market growth in Lebanon

A recent report by Standard Chartered Bank concluded that there is continuing buoyancy of demand for property in Lebanon’s capital

Dubai ports to better performance

Dubai’s ports have not been affected by the current situation in Mena and the emirate expects even better business in 2011 thanks to

GCC spends $12bn a year on fashion

Gulf oil producers are among the biggest spenders on clothes and other fashion items as they lavish nearly $12 billion a year, according to a study.

Spending surge to fuel growth

The main take away from the recent events for the Middle East and North Africa (Mena) is the big surge in levels of public spending pushing

Qatar Financial Center releases proposals to support captive insurance sector

The Qatar Financial Center (QFC) Regulatory Authority has released two consultation papers with proposed changes to the regulatory environment

Oman bank deposits up 11% despite unrest

The total value of private deposits in commercial banks in the Sultanate rose 11.4 percent year-on-year to OR7.2bn ($18.77bn)

Middle East telecom operators maintain appetite for international M&A

Middle East telecom operators will continue to lead international growth efforts via mergers and acquisitions, despite the increased cost of capital since the

Real non-oil GDP of Kuwait expected grow 4.5 per cent in 2011

Kuwait's real non-oil GDP must have grown 2.6 per cent in 2010 and projected to grow by 4.5 per cent in 2011 due to increased government

Dubai Global Energy Forum 2011 opens doors for public-private partnerships in the region

The Dubai Global Energy Forum 2011 will serve as the platform to commence discussions on Public Private Partnerships (PPPs)

Saudi Arabia looks to solar and nuclear power

Saudi Arabia, which holds one-fifth of global oil reserves, aims to pursue renewable energy and nuclear power to help reduce by half the
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