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Non-oil growth in the UAE is likely to continue at a below-trend pace of 3-4 percent for the next couple of years, said a weekly report on GCC economies by the National Bank of Kuwait (NBK) Tuesday...Activity is typically stronger early in the year
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Kuwait's Wataniya rose to a two-month high yesterday after Qatar Telecom offered to buy remaining stake in the telco for $ 2.2 billion, while Gulf markets were mixed in muted trade post-Ramadan. Shares in Wataniya jumped 4.6 percent to 2.3 dinars on
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Authorities are reportedly struggling to take actions with limited repercussions regarding two Twitter accounts carrying false names that refer to two members in the annulled 2012 parliament. According to an anonymous source, the accounts in question
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Qatar Telecom has offered $2.1 billion for the remaining shares of Kuwait's National Mobile Telecommunications Co., or Wataniya, it doesn't already own, the firm's second significant minority buyout plan this year and potentially the region's biggest
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Bahrain (AP) — Bahrain's national airline plans to restart flights to Iran and Iraq after halting service to the Shiite-led countries at the height of anti-government unrest last year. Gulf Air said Wednesday it will operate
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Saudi Arabia remained the most competitive cellular market in the Arab World for the year 2012 followed by Jordan and Palestine, respectively, a report released by The Arab Advisors Group on Cellular Competition Intensity Index 2012 said. According
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The salaries in the Gulf region skirted the international financial downturn and the economic impact of the Arab spring over the past year, the "2012 Gulf Business Salary Survey" conducted by Gulfbusiness.com. showed. As the region's economy recovery
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Saturday 11 August 2012 The value of Saudi non-oil exports stood at SR 14.48 billion for the month of June in 2012, compared to SR 15.70 billion in June 2011, or down by 7.74 percent, according to a report by the Central Department of Statistics and
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Most Kuwaitis say they would prefer to receive medical care abroad and many people in neighboring countries would as well, a survey indicates. Gallup surveys show that most residents of nations comprising the Cooperation Council for the Arab States
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Nepal has banned women under 30 from travelling to Gulf countries to work following reports of widespread sexual abuse and exploitation, local media said on Thursday. Thousands of women -- mostly aged under 25 -- leave the impoverished Himalayan
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