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Emirates confirms $9bn widebody deal with Boeing

Emirates Airline has confirmed a new order for 30 777-300ER widebody aircraft from US manufacturer Boeing at the UK’s Farnborough ...
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GCC investments in Europe jump to $78.9bn

Foreign direct investments (FDI) from the six-member Gulf Cooperation Council (GCC) into the European Union jumped to more ...
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Qatar economy set for 15% growth in 2010 – BMI

Qatar's booming economy is seen growing by more than 15 percent this year, driven by the country's liquefied natural gas (LNG) ...
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UAE consumers less optimistic about H2 2010

UAE consumers are slightly less optimistic about the latter half of this year, compared to the first half, according to the latest MasterCard ...
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Shariah compliant loans slump in Europe, MENA

Shariah-compliant loans slumped to a five-year low in Europe, the Middle East and Africa in the first half on credit-ratings downgrades ...
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Gov’t ‘guarantee’ given to 40 Dubai projects

A total of 40 projects have been shortlisted for the first phase of the Dubai Land Department's initiative to offer developers and investors ...
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Egypt: Subsidies down 42% on year

A Finance Ministry report issued on the state budget account from July 2009 to May 2010 revealed a 6.3-percent reduction in total government ...
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UAE inflation for May accelerates to 0.9%, fastest in a year

Inflation has accelerated for the last three months after the UAE faced deflation from easing real-estate prices and a slowdown of global trade ...
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Saudis target 4.8% rise in tourist revenues

Saudi Arabia, the Arab world's biggest economy, expects revenue from tourism to increase 4.8 per cent in 2010 as the kingdom ...
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OECD forecasts 100% growth in Mena GDP

The real gross domestic product growth of Middle East and North Africa (Mena) countries is projected to nearly double from 2.4 per ...
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Egypt increases trade with US

The volume of trade exchange between Egypt and the United States during the first quarter of 2010 increased by 22.2 percent ...
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Establishment of two Kuwaiti companies

Kuwait's official Gazette announced the establishment of two Kuwaiti companies with the combined capital of KD 12 million. The first ...
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