July 2, 2013
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
A number of fraud cases have recently been dealt with by Omani police, among them foreign swindlers selling sand as gold
Oman United Insurance got upgraded to a BBB rating by S&P
The real gross domestic product (GDP) of Dubai during the fourth quarter of 2012 increased by 5.3 per cent relative to the fourth quarter of 2011.
National Bank of Kuwait claims credit growth across many sectors
The municipalities of Sharjah and Ajman have warned food outlets and manufacturers against hiking prices of essential commodities — a violation of food safety regulations — before and during the holy month of Ramadan.
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