November 5, 2013
The minister pointed out that the spending on research and development in the Kingdom has increased from 0.4 percent to 3.4 percent, which is a remarkable achievement at the regional level.
Qatar’s real economic growth, EIU said, would “remain robust”, averaging 4.5% in 2012-30 on a slowing trend.
Iran will lead a club of the world’s biggest natural gas exporters, even as its own shipments abroad are hampered by US and European Union sanctions.
Bahrain investors and gold traders are planning to potentially establish a pearl trading bourse at the GCC level.
For a number of reasons and in a number of countries, gold will always make for a great investment.
The United Nations has estimated the cost of hosting more than 500,000 Syrian refugees in Jordan for this year and 2014 is at $5.3 billion (3.9 billion euros), UN documents showed Monday.
November 4, 2013
Four new five-star hotels in Amman and Aqaba, which are scheduled to be operational by early 2016, will create about 1,800 jobs, according to a leading hotelier.
Nonhydrocarbon growth, however, will remain robust at 5.2 percent in the Kingdom as continued structural reforms and rapid growth in population underpin private consumption and investment.
UAE and Brazil highlight the special bond they share with each other.
November 3, 2013
Some media reports earlier quoted company chairman Mohamed Alabbar saying in an interview to CNN that the company planned to build a new skyscraper in the emirate that will be world's tallest.
Dror Etkes, an Israeli researcher who tracks Israeli activities in the West Bank, said the Meged site was "a few dozen meters" inside the Green Line.
Oman's economic growth is outpacing its neighboring countries' economies due to the Sultanate's increase in private sector activity and rising tourism rates. Will the increase in government spending ensure sustained economic growth in Oman's future as well?
Children whose families struggle to pay their bills and save money are likely to develop poor financial habits when they grow up.
Standard & Poor reaffirmed Jordan's long and short-term foreign and local currency sovereign credit ratings at 'BB- and B,' but stated that the country's outlook remains 'negative' due to Syria fallout risks.
In the Middle East, many individuals may be called "managers," but very few have the leadership skills and experience to lead and guide their teams in effective ways. Being an effective leader and manager takes practice and training, says Gulf News' Cleofe Maceda.