Iraq's government has released a five-year economic plan which will try to diversify beyond oil production and develop the industrial sector.
The plan, announced this week, faces major obstacles including a rising level of sec
The World Trade Organization (WTO) in its recent policy review report underlined the important role played by the UAE in global trade and the multilateral trading system.
Speaking at the WTO’s headquarters in Geneva, Eduardo Munoz, C
Saudi Arabia's decision to open up its stock market for foreign investors is a strategic move by the Kingdom to seek diversification from its core oil resources and emerge as a strong financial centre in the Gulf, said an expert.
Islamic investment banks are too dependent on real estate for their investment activity and they need to diversify into other asset classes such as Islamic private equity and venture capital in order to weather economic crisis, says a new report.
The UAE ranks first in the GCC in terms of non-oil contribution to the structure of total exports and declines in the contribution rate of oil exports, according to the World Trade Organization (WTO) annual report on foreign trade statistics for 2
Kuwait's Al Mazaya Holding Company, said on Saturday it plans to set up two companies in the UAE's Ajman emirate and Bahrain to diversify its revenue sources.
It did not give further details in a statement. The company, with a port