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GCC Business News | Global Arab Network
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Finance
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Global Arab Network - Capital Intelligence has announced that it has affirmed Abu Dhabi Commercial Bank’s (ADCB) Financial Strength Rating at A- with the Bank’s large domestic franchise,
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Travel
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Global Arab Network - Muscat Municipality unveiled the full details of programmes and activities of Muscat Festival 2012 which will kick-off on |
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Economics
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Global Arab Network - Darwish bin Ismaeel al Balushi, Oman Minister Responsible for Financial Affairs, unveiled RO 8.8 billion ($ 23 billion) State General Budget for 2012. |
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Opinion
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Global Arab Network - In early October, U.S. officials accused Iranian operatives of planning to assassinate Saudi Arabia’s ambassador to the United States on American soil. Iran denied the charges, |
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Economics
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Global Arab Network - High domestic spending and sound levels of liquidity are expected to offset any adverse effects of Europe’s debt crisis on the Saudi Arabian economy, |
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Technology
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Global Arab Network - With the highly competitive Kuwaiti telecoms market becoming increasingly saturated, the country’s three mobile operators are jostling for position. |
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Finance
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Global Arab Network - After some difficult months, Bahrain’s economy has returned to growth and looks set to accelerate in 2012. While concerns remain about the international climate |
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Energy
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Global Arab Network - In the 1930s, in the Great Depression, international oil companies were drawn to the newly-formed state of Saudi Arabia, where oil had been discovered. |
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Travel
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Global Arab Network - Sharjah’s push to increase the role its tourism sector plays appears to be paying dividends, with hotels reporting higher occupancy rates and airlines adding |
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Finance
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Global Arab Network - Capital markets in Kuwait, like those in many GCC countries, are currently experiencing a challenging period, with investors largely staying on the sidelines in light of global economic uncertainties. |
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Real Estate
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Global Arab Network - The construction sector looks set to receive a welcome boost, with Bahrain’s state and private developers planning to increase investments in residential projects |
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Economics
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Global Arab Network - Oman’s economy looks set for a period of solid expansion, with the state’s pump-priming efforts of the past year having a positive impact on growth. |
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Energy
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Global Arab Network - The Omani government is moving forward with plans to raise prices for natural gas in an effort to recalibrate the supply-and-demand equation, |
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Economics
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Global Arab Network - Abu Dhabi will soon be connected to the other emirates of the UAE and to the wider region by a broad-gauge rail network that will streamline logistics, |
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