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GCC Business News | Global Arab Network
Bahrain expects to attract $ 25 bn in industrial investment
Industry
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Global Arab Network - Bahrain expects to attract $25bn in industrial investment over the next 10 years as it seeks to diversify its economy and expand its export base,
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UAE: RAK targeting small and medium-sized enterprises
Economics
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Global Arab Network - Small and medium-sized enterprises (SMEs) play a growing role in RAK’s economy, enjoying government support and benefitting from continued upgrades
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Lucrative market - Qatar boosting Islamic banking
Economics
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Global Arab Network - The first sale of an Islamic finance portfolio since Qatar’s decision to ban conventional lenders from conducting sharia-compliant banking operations
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National Development Plan would stimulate bank credit in Kuwait
Economics
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Global Arab Network - Bank lending in Kuwait remained relatively flat during the first half of 2011, though this may have more to do with demand than banks
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UAE: Dubai rebuilding confidence in capital markets
Finance
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Global Arab Network - Dubai’s capital markets are much better placed to handle the recent economic fall-out in the US and the eurozone, having learned several lessons
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Human Rights Groups: UAE Should Release Activists Before Elections
UAE Politics
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Global Arab Network - Several international human rights groups called on the United Arab Emirates to release five democracy activists ahead of nationwide elections that will be held over the weekend.
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UAE: Abu Dhabi achieving tourism targets
Travel
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Global Arab Network - Abu Dhabi has surpassed 1m hotel guests for the first half of the year and seems likely to achieve its tourism aims for 2011,
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UAE: Dubai real estate rebounding strongly in 2012
Real Estate
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Global Arab Network - Dubai’s property market is validating the adage that the three most important factors in real estate are location, location, location. While much of the market
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Saudi Arabia: Insurance industry is making impressive strides
Finance
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Global Arab Network - Saudi Arabia’s insurance industry is making impressive strides, with policy take-up growing, premiums increasing, and the sector’s regulatory body
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A competitive edge - Oman gaining further momentum
Economics
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Global Arab Network - Oman’s economy has become more competitive in the past 12 months, according to a recent report, and is steadily making the transition from having
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Environmentally sound - Qatar building green market
Energy
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Global Arab Network - Like many of its neighbours in the Gulf, Qatar has seen the negative effects of the international economic downturn begin to fade over the past year.
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UK conference highlights huge scale of developments in Saudi Arabia
Economics
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Global Arab Network - The strength of Saudi Arabia’s economy, the Kingdom’s continuing industrial diversification efforts and the mindboggling sums being spent on social and economic infrastructure
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UAE: Stable outlook rating reflects strength of Abu Dhabi's sovereign fund
Economics
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Global Arab Network - Fitch Ratings has affirmed Abu Dhabi's Long-term foreign and local currency Issuer Default Ratings (IDRs) at 'AA' with a Stable Outlook.
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Qatar - The world’s fastest-growing economy
Economics
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Global Arab Network - Qatar looks set to retain its position as the world’s fastest-growing economy this year, with the country’s core sectors performing strongly and diversification continuing apace.
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