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Investment in Jordan declines 8.45% in first nine months

Total investment in Jordan in the first nine months of 2010 declined by 8.45 percent, with foreign investment hardest hit and down by nearly

Gulf needs to drive institutional investor interest

A scarcity of institutional investors is hampering the development of the Gulf's capital markets, experts have said

Jordan budget deficit shrinks by 44.5% in 8 months

Jordan’s budget deficit decreased by 44.5 percent in the first eight months of 2010, as a result of an increase in domestic revenues

Saudi in front on GCC credit growth

Although private sector lending in the near future will remain muted in the UAE, Saudi Arabia is likely to witness a return to credit growth

18 million jobs needed in poorer MENA countries: IMF

Eighteen million jobs will need to be created in the region’s resource-poor countries to stave off a 'lost generation' the International

Banks in Saudi Arabia struggle to find talent

Foreign banks are flocking to Saudi Arabia as the kingdom opens up its bourse and rolls out the world's biggest stimulus package but they

Abu Dhabi poised to take stage as investment hub

Abu Dhabi is becoming the breakout emirate for investment and growth as Dubai's image still reels from its financial woes during the

GFH plans to trim capital, raise more funds

Bahrain's Gulf Finance House (GFH) plans to reduce its capital and raise up to $500 million in fresh funds to plug the holes a regional property

Cost of living in UAE down says report

The cost of living and working in the UAE has declined in the last year as a result of the downturn in property prices, according

Ford posts 31pc increase in GCC sales

Ford Middle East has reported a 31 per cent increase in its year to date vehicle sales across GCC markets, compared with the same period last year

Jobless Saudis could total 500,000

The number of unemployed Saudis could total 500,000, the kingdom's Labour Minister Adel Fakieh has been quoted as saying.

Investors to pump $281bn in real estate next year

An estimated $280.6 billion of capital will be available to invest in global commercial real estate in 2011, with the US market drawing
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