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GCC Business News | Global Arab Network
Qatar’s technological ambitions: The future is now
Technology
Friday, 06 March 2015 12:11

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With the announcement of another milestone in Qatar’s satellite programme coming at the end of last year, the body of material evidence suggesting significant recent ICT sector development in the state grew in both size and quality.

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Bahrain brings new utility projects to light
Economics
Friday, 27 February 2015 18:44

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Major investments are underway in Bahrain to reinforce the electricity grid and broaden distribution as the kingdom tries to keep up with increasing demand for power.

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Qatar taps into retail growth
Economics
Thursday, 26 February 2015 22:22

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Higher income levels, together with greater choice for consumers and changes in shopping patterns, are set to drive growth in Qatar’s retail sector, despite mall operators finding themselves in an increasingly competitive marketplace.

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Kuwait’s retailers face uncertain times
Economics
Thursday, 26 February 2015 22:04

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Long established as a destination for major brands, Kuwait has witnessed steady retail expansion in recent years, but falling oil prices and forecasts of a budget deficit risk clouding the outlook for 2015.

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Saudi home loan growth rate to cool
Economics
Thursday, 26 February 2015 21:50

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A boom in bank lending in Saudi Arabia may have reached its peak as tighter credit conditions and weaker private sector activity could curb loan growth this year despite a long-term undersupply of property for sale in the Saudi Arabian market.

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Education for all is a distinct priority in Oman
Global Arab Network - Hussein Shehadeh
Culture
Thursday, 26 February 2015 21:34

Education

“We are determined to teach our children even in the shadow of a tree”
This statement was made by Sultane Qaboos when he came to power on the 23rd. of July, 1970.

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GCC building construction, interiors markets buoyant
Economics
Tuesday, 17 February 2015 22:42

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Saudi Interior Contracting and Fit-out Market biggest with a 43% share at $3.4b UAE second, valued at $2.3 billion, represents 31% of market

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Oman adds links to food chain
Economics
Monday, 16 February 2015 19:51

Oman adds links to food

Major investments in agri-businesses this year look set to help Oman improve food security and develop an export capacity in processed foods from its new hub in the northern port city of Sohar. The expansion will also produce spin-off benefits for the freight and packaging sectors.

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UAE: How the world's top donor spends its aid
Economics
Sunday, 08 February 2015 00:48

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During 2013 the United Arab Emirates spent over US$5.5 billion on Overseas Development Assistance (ODA) – at 1.33 percent, it had the largest ratio of aid to Gross National Income of any country globally during that year.

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UAE: Medical tourism to boost Dubai's revenues
Economics
Sunday, 08 February 2015 00:38

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Looking to capitalise on its reputation for healthcare, Dubai has set its sights on expanding the medical tourism sector with a target of half a million health and wellness visitors by 2020, boosting the economy with a fourfold increase in revenues from this segment.

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UAE: Abu Dhabi maintaining solid pace of economic growth
Economics
Sunday, 08 February 2015 00:30

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Despite a sharp downturn in oil prices in the latter part of the year, Abu Dhabi’s economy maintained its solid pace of growth in 2014. Strong fiscal reserves,

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Kuwait: Non-oil growth to drive up economic activity
Economics
Sunday, 08 February 2015 00:12

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Non-oil growth and higher domestic consumption combined to drive up economic activity in Kuwait in 2014, although plunging world oil prices and relatively flat domestic production look set to weigh on the state’s finances.

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Saudi: Stability, Continuity and Smooth Transition
Global Arab Network - Eyad Abu Shakra
Saudi Politics
Saturday, 07 February 2015 23:59

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In both the US and Western Europe, there are two major political currents that are always happy to doubt and belittle any constructive step taken by traditional regimes in the Middle East: the ultra-conservative Right and the radical Left.

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UAE: Governments must innovate or become irrelevant
UAE Politics
Saturday, 07 February 2015 23:45

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Companies, like people, grow old. They start life small and eager to survive, fueled by youthful energy and fresh ideas. They compete, expand, mature, and eventually, with a few exceptions, fade into obscurity.

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