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Saudi tourism revenue to grow

Saudi Arabia's revenues through tourism sector is expected to reach SR239 billion by 2019 ...

Qatar’s next budget to be ‘little bigger’

Qatar’s government budget for the next fiscal year is likely to be a “little bigger” than the one for the current year, the country’s finance ...

Oman GDP up 17.3%

Oman’s third quarter gross domestic product (GDP) grew by 17.3 per cent in the third quarter of 2009 compared to the second quarter ...

Kuwait set to post $24 billion budget surplus

Kuwait is set to post a surplus of 24 billion dollars in the current fiscal year on the back of higher oil prices, despite projecting a shortfall ...

Deloitte to base Islamic finance centre in Bahrain

Consulting giant Deloitte has opted to site its new Islamic Finance Knowledge Centre (IFKC) in Bahrain to take advantage of ...

Egypt keeps benchmark interest rate at three-year low

Egypt’s central bank kept its benchmark interest rate at the lowest level since November 2006 for the third consecutive meeting, saying it supports ...

Bahrain sovereign wealth fund to move into bonds, stocks

Bahrain's sovereign wealth fund, which invests mostly at home, plans to diversify away from private equity projects and into stocks and bonds

process of achieving our targets. We want to have the best corporate governance… Egypt tourist arrivals down 2.3 pct

While the holidays have ended in Europe and Russia snowy winters are still in mid swing. This is good news for Egypt as tourists flock to the country ...

Kuwait to spend $16.6 bln on projects next year

The Kuwaiti cabinet has allocated 16.6 billion dollars for capital spending in the next fiscal year starting April 1 as part of a four-year development plan ...

Qatar may come to realty’s rescue

Qatar, whose energy wealth enabled it to spend its way out of the global downturn, may move to prop up real estate operators after bailing ...

Saudi Arabia Insurance Market

The Saudi Arabian insurance industry has emerged as one of the fastest growing insurance industries across the world While the global economic ...

Changes in company ownership laws will help boost UAE’s recovery

A proposal to amend the rule regarding the 51-49 per cent ownership of companies will help support the UAE's recovery by attracting more foreign investors ...
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