July 3, 2013
Abu Dhabi’s leading investment firm Gulf Capital has acquired Chef Middle East, an importer and distributor of specialty and fine food products.
Banks in the GCC are surging ahead, with their corporate banking division showing impressive performance, a report released recently said.
July 2, 2013
The Zoom has 16MP CMOS Sensor, OIS and Xenon Flash with the very latest Samsung Galaxy S4 technology
According to this year's A.T. Kearney Global Foreign Direct Investment Confidence Index, the playing field is becoming leveled between developing and developed nations.
Despite a diminishing reputation on the geopolitical stage, Iran manages to draw $8 billion in tourism
The Kingdom's production of plastic reached over 1.7 million tons last year
The combined net profits of Bahrain's banks nearly doubled to $1.1 billion in the first three months of this year, compared with $427 million in cumulative profits during the same period in 2012.
The cost of insuring Egyptian debt against default surged to record highs on Monday after a night of politically-inspired violence that saw eight people killed and the ruling Muslim Brotherhood's headquarter set on fire.
July 1, 2013
Experts say the IMF loan Egypt is pursuing will hurt women and those in poverty
After negotiations following Iraq's announcement to discontinue cement imports from Iran, the deal is back on the table
Still, to cope for summer heat and Ramadan traffic, Saud Arabia will have to import diesel fuel
After pro-democracy protests were crushed in 2011, and the economy plummeted thereafter, Bahrain may now be getting back on track
The GECF members in their ministerial meeting in Moscow on Saturday unanimously voted Iran to host the third summit.
American automotive giants GM, Chrysler and Ford are considering proposals to set up manufacturing plants in Saudi Arabia, reported Arab News.
June 30, 2013
The cargo shipment airline makes Muscat its 79th destination