GCC Business News | Global Arab Network

Aviation
Global Arab Network - With an announcement that a 35% stake in its national carrier is up for sale, the Kuwaiti government has taken another step towards privatising Kuwait Airlines,
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Finance
Global Arab Network - Capital Intelligence (CI) has announced that it has affirmed the ratings assigned to Kuwait Finance House (KFH)
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Economics
Global Arab Network - Gulf Arab countries plan to fund a five-year development aid programme for Morocco and Jordan, aspiring members
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Economics
Global Arab Network - With a recent milestone achieved in aluminium production and major expansions planned in the steel sector, Oman is becoming an increasingly
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Economics
Global Arab Network - The UAE is expected to achieve a 3.3 per cent real GDP growth in 2011 as the country continues to improve its economy during the year on increased trade
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Energy
Global Arab Network - OPEC members Saudi Arabia and Kuwait boosted their oil production in August to prevent prices from rising sharply and negatively impacting on the world economy, Kuwait’s oil minister said.
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Energy
Global Arab Network - Saudi Aramco announces that the company will be holding its first European Technology Quest in Aberdeen, Scotland on October 10-12, 2011. The
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Economics
Global Arab Network - Several bright spots are emerging for Bahraini businesses, principal among them the retail sector, which is now showing healthy signs of recovery, spurred on by a major new development.
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Finance
Global Arab Network - Capital Intelligence (CI) has announced that it has affirmed Gulf International Bank (GIB)’s Long and Short-term Foreign Currency Ratings at ‘A’ and ‘A1’ respectively.
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Economics
Global Arab Network - Saudi Arabia’s economy looks set for a period of sustained growth, with oil revenues remaining high, non-hydrocarbons exports on the rise and
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Finance
Global Arab Network - International ratings agencies and analysts have given Qatar’s banking sector a clean bill of health, though the central bank is keeping an eye on non-performing loans (NPLs),
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Economics
Global Arab Network - Qatar’s sovereign bonds were the best performers in the Middle East in August as investors sought refuge from a slowing U.S. economy and a worsening debt crisis in Europe.
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Finance
Global Arab Network - The UAE banking sector will continue to steadily recover into the next year, reveals a latest forecast.
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Economics
Global Arab Network - Kuwait’s annual inflation eased to an 11-month low of 4.6% in July and edged up only slightly from the month before on higher food and transport prices, data showed,
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