Wednesday 2 September 2015
 
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economic

GCC rail link to bolster trade ties

Increased economic trade and closer bilateral relations are just some of the expectations people have of the GCC Railway network, which is scheduled for completion within three years. The 2,117km rail will pass through all six Gulf states, fro

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GCC rail link to bolster trade ties

Increased economic trade and closer bilateral relations are just some of the expectations people have of the GCC Railway network, which is scheduled for completion within three years. The 2,117km rail will pass through all six Gulf states, fro

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Egypt's economic growth accelerates, but less than govt hopes

Egypt's economic growth rate is set to accelerate to 4.5 per cent in the current fiscal year, higher than in recent years but lower than the government projects, a Reuters poll forecast on Thursday.   After m

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Bahrain’s economic openness highlighted at forum

Bahrain’s Industry and Commerce Minister Zayed Al Zayani opened the Bahrain Export Trade Expansion Forum at the Diplomat Radisson Blu Hotel, Residence and Spa yesterday (May 31). It was organised by the ministry in collabora

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Saudi economy is very strong: finance minister

Saudi Arabia's financial position is very strong despite the plunge in oil prices since last year, and the kingdom is focusing spending on economic development projects to stimulate the private sector, Finance Minister Ibrahim Alassaf said o

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GCC economic diversification to drive growth

Economic diversification is a crucial growth driver for the GCC countries. The GCC could see additional gains of up to $17.7 billion if the region were to catch up to the average OECD level of diversification, said a report in the

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Bahrain real GDP to grow at 4pc, despite challenges

Bahrain's real GDP growth is projected to be around four per cent mark over the coming two years, despite the challenging macroeconomic environment, according to an Economic Development Board (EDB) report. The latest Bahrain E

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Lebanon job levels rise despite subdued economic activity

The employment level is rising in Lebanon despite subdued economic activity, according to the latest Crédit Agricole Private Banking research report, ‘Macro Comment – Lebanon Update.’ The February PMI inde

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Lebanon job levels rise despite subdued economic activity

The employment level is rising in Lebanon despite subdued economic activity, according to the latest Crédit Agricole Private Banking research report, ‘Macro Comment – Lebanon Update.’ The February PMI inde

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Women in Gulf 'key to economic growth'

A Saudi Arabian princess has stressed that women in the Gulf were not restricted by traditions and actually played a key role in their country's economic growth. Prominent women's activist Princess Lulwa bint Faisal Al Sau

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