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GCC Business News | Global Arab Network
UAE: Dubai’s real estate boom fuels debate
Economics
Monday, 26 January 2015 21:44

UAE Dubais real estate boom fuels debate

The real estate sales market in Dubai has outperformed the rental market in the last year, sparking a squeeze in yields and prompting concerns that the fundamentals of the market are becoming skewed.

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Saudi housing market under pressure
Real Estate
Monday, 26 January 2015 21:24

saudi real estate

House prices in Saudi Arabia are expected to rise further on the back of high demand for homes and a slow rollout of developments,

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Qatar moves to tackle cyber crime
Technology
Monday, 26 January 2015 21:21

images

Cyber security is high on the list of challenges that could prove a hurdle to Qatar’s economic development,

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Salman bin Abdulaziz declared Saudi king
Global Arab Network - Said Mohamed
Saudi Politics
Friday, 23 January 2015 22:04

saudi king Salman

Salman bin Abdulaziz has become Saudi Arabia’s king and Prince Muqrin bin Abdulaziz was declared the crown prince after King Abdullah bin Abdulaziz passed away, the Royal court announced on Friday.

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Bahrain: Solid non-hydrocarbons sector performance posting respectable economic growth
Economics
Wednesday, 21 January 2015 21:03

Bahrain Solid non-hydrocarbons sector performance posting respectable economic growth

While a combination of high break-even prices and lower levels of fiscal reserves could see falling oil prices push Bahrain further into the red,

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Fighting trade concealment in Saudi Arabia
Global Arab Network - Jamal Khashoggi
Economics
Tuesday, 20 January 2015 23:51

Saudi Arabia-based SAMBA Financial Group

In Saudi Arabia, Commerce Minister Toufic al-Rabiah has become the most popular minister after he ordered shutting down big stores that were manipulating discount prices,

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Kuwait diversifying its economy to reduce hydrocarbon dependency
Economics
Tuesday, 20 January 2015 11:37

industries kuwait oil

Plummeting oil prices have brought renewed calls for Kuwait to deepen its focus on diversifying its economy and reducing hydrocarbon dependency.

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Qatar to invest $25bn in petrochemical to produce 23m tonnes
Economics
Tuesday, 20 January 2015 11:32

Climate Change Conference in Qatar Greenhouse Gas

Asia remains a key driver of growth for Qatar’s petrochemicals sector, with demand from the region fuelling investment and expansion projects.

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UAE: New opportunities in Abu Dhabi mapped out in Economic Vision 2030
Economics
Monday, 19 January 2015 11:35

GASCO  Abu Dhabi Gas Industries UAE

A drive to strengthen the link between higher education and the private sector in Abu Dhabi has set the scene for research and development (R&D) to play a greater role in the emirate’s economic development.

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Bahrain: Appetite for retail space, from local and international investors
Economics
Monday, 19 January 2015 11:25

bahrain financial harbour-

The development of middle and lower income housing units in outlying areas in Bahrain is not only welcome news for those looking for a home to buy, it also signals a wave of new opportunities for retailers eyeing untapped markets in the kingdom.

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Tranquilizing Tourism - Oman makes steady strides in the hospitality industry
Global Arab Network - Hussein Shehadeh
Economics
Monday, 19 January 2015 11:25

Oman Tranquilizing Tourism

Efforts to make tourism a key economic driver, is one of the cornerstones of Oman’s development.

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Oman: Islamic banking to grow at double-digit rates
Finance
Monday, 19 January 2015 10:46

dtl 6 1 2014 15 4 9

Islamic banking in Oman is expected to grow at double-digit rates as sharia-compliant banking products increasingly gain acceptance and the government’s plans to ease restrictions come to fruition.

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Oman: Earnest Environmental Endeavors
Global Arab Network - Hussein Shehadeh
Economics
Sunday, 18 January 2015 19:36

Oman Earnest Environmental Endeavors

The sultanate exerts serious efforts to protect and preserve its natural treasures

Oman has just celebrated the National Environment Day on the 8th of January.

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UK: Lord Mayor to promote economic relationship with Arab Gulf Countries
Global Arab Network - Said Mohamed
Economics
Thursday, 15 January 2015 15:15

The Lord Mayor of the City of London visits to GCC Gulf countries Global Arab Network

The Lord Mayor of the City of London, Alderman Alan Yarrow, is to lead a large business delegation to the Gulf (16-28 January) as part of efforts to make sure London and the UK remain the regional partner of choice when it comes to financial and professional services, Global Arab Network reports according to press statement.

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