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UAE consumer confidence falls for first time since March

Consumer confidence in the UAE has fallen for the first time since March last year, the latest results of the Consumer Confidence Index ...
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Saudi Arabia to increase infrastructure spending in 2010

Based on modest demand and pricing estimates for oil, the Saudi government expects revenues to reach USD 125.3 billion in 2010, while ...
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Qatar spends $1.5bn a year on research

Qatar is witnessing a research renaissance with 2.8 percent of its Gross Domestic Product (GDP) allocated for funding and promoting research ...
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Oman government studying amnesty for illegal workers

There seems to be light at the end of a dark tunnel for blue-collar workers stuck in Oman without valid papers even as the Manpower Ministry ...
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First gold export and design throughput achieved

Centamin Egypt Limited ("Centamin" or "the Company") , the gold mining group in Egypt, announced  that the Sukari Gold Project has achieved ...
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Bahrain’s SIC eyes $1 trillion GCC market

The opening of the new Salman Industrial City (SIC) will help Bahrain attract huge investments from the $1 trillion GCC (Gulf Cooperation Council) market, the Economic Development Board (EDB)Economic ...
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Dubai opens world’s tallest building

Dubai  inaugurated the world's tallest skyscraper on Monday, hoping to shift international attention away from the Gulf emirate's deep ...
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Qatar to debut in competitiveness report

The General Secretariat for Development Planning in cooperation with Qatar Statistical Authority and the IMD are carrying out ...
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Gulf states to pump $55bn into roads and airports projects

The six Gulf Cooperation Council (GCC) countries are expected to pump more than $55bn into road and airport projects within the ...
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Oman project boom raises demand for foreign labour

Oman's spending on new projects, spurred by the recovery of oil prices, will raise the demand for foreign labour in 2010, the sultanate's national ...
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Kuwait property sales up 41%

Kuwaiti property sales rose 41 percent in the year to November, on high sales of residential and commercial property, official data ...
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First gold factory to be established in Egypt

The first factory manufacturing gold in Egypt will be established in Jabal Al-Sokaty, in the Eastern Desert, announced Egyptian Minister of Petroleum ...
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