Arabic

Bahrain real GDP growth reaches 4.5% in 2014

Bahrain real GDP growth reaches 4.5% in 2014

ˇBahrainís real GDP growth reached 4.5 percent in 2014, according to the latest Bahrain Economic Quarterly (BEQ) issued by the Bahrain Economic Development Board (EDB). The report also highlighted that nonoil sectors rose markedly from the 3 percent rate recorded in 2013 to 4.9 percent in 2014.

Zamil Steel gets SR90.8m contract for Dammamís shopping mall

Zamil Steel gets SR90.8m contract for Dammamís shopping mall

ˇZamil Steel Construction Company (ZSCC), a subsidiary of Zamil Industrial Investment Company (Zamil Industrial), has been awarded a turnkey project contract valued at SR90.8 million ($24.2 million) by the Gulf Real Estate Company for its new shopping mall project in Dammam.

Economic value of KSA petchem prices in focus

Economic value of KSA petchem prices in focus

Saudi Arabia with a production capacity of around 87 million tons per annum continued to maintain its leading position as one of the largest producers of petrochemicals.

PEX Report: Index down by 13%

PEX Report: Index down by 13%

The 'Al-Quds Index' of the Palestine Exchange closed Tuesday trading at 487.72 points, down by 0.61 points (-0.13%) compared to Monday's trading session, according to the PEX daily report.

New report considers impact of lifting Israeli restrictions on Gaza goods

New report considers impact of lifting Israeli restrictions on Gaza goods

Gaza's manufacturing sectors would be able to significantly boost their output should Israeli restrictions on sales in the West Bank be lifted, a new report claims.

Gulf Dynamic Switchgear wins projects worth AED40 million

Gulf Dynamic Switchgear wins projects worth AED40 million

ˇGulf Dynamic Switchgear (GDS), a wholly-owned subsidiary of Masharie LLC ó the private equity arm of Dubai Investments PJSC and a leading manufacturer of low voltage switchgear panels, has achieved 24 percent year-on-year growth in 2014, further strengthening its position as a market leader across the Gulf.

Lower crude prices seen cooling Abu Dhabiís property sector

Lower crude prices seen cooling Abu Dhabiís property sector

Lower oil prices are likely to cause Abu Dhabiís residential property sector to stabilize in 2015 following a two-year price boom as sentiment weakens and government spending in some areas slows, industry consultants say.

Emirates launches second daily Airbus A380 service to Gatwick

Emirates launches second daily Airbus A380 service to Gatwick

ˇEmirates, a global connector of people, places and economies, has launched a second daily A380 service to London Gatwick Airport.

Jordan awards ICD sukuk mandate

Jordan awards ICD sukuk mandate

ˇJordanís Ministry of Finance signed an advisory agreement with the Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of IDB Group.

Support for SMEs: Saudi Arabia wins top regional ranking

Support for SMEs: Saudi Arabia wins top regional ranking

ˇSaudi Arabia ranks third in the world in terms of tax payments by companies and individuals, and second regionally for setting up small and medium enterprises.