Monday 22 September 2014
 
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economic

$22 billion projects to help Bahrain achieve growth

Upcoming development and infrastructure projects worth $22 billion will help Bahrain achieve its goal of sustainable economic growth, the Crown Prince said yesterday (September 9). His Royal Highness Prince Salman bin Hamad Al Khalifa,

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US prepares new round of sanctions on Russia

The United States is preparing a new round of economic sanctions against Russia for its incursion into Ukraine, a senior White House official said on Thursday on the fringes of a Nato summit in Wales. Deputy White House national s

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Saudi reforms to boost foreign investment in focus

Saudi Arabia’s reforms being rolled out in a bid to boost foreign investment, including a landmark decision to liberalise the kingdom’s capital markets, will be the focus of a study. ‘The Report: Saudi Arabia 201

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GCC 'needs a strong financial sector'

Economic growth in the GCC countries has been high over the last decade and has been comparable to growth in the emerging markets, while it was considerably higher than in the world at large, said an expert. In order to maintain s

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Bahraini businessmen plan parliament push

Bahrain’s business leaders want to form a greater proportion of MPs in the next parliament, to boost its stock of economic knowledge and business acumen. Around 30 prominent members of the country's business community, i

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North Africa may ‘surpass Gulf economic growth’

North African economies are likely to overtake the economic growth in the Gulf, despite challenges such as large current account and fiscal deficits, three years after the Arab Spring uprisings, said a report. A gradual return to

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Gulf's biggest bond sale is set for pricing record

An impending bond issue by Abu Dhabi-based telecommunications firm Etisalat may not only be the region's largest deal so far this year, but also set a record for tight pricing as the Gulf becomes more of a mainstream investment destination

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UAE to boost economic ties with China

The opportunities to strengthen economic ties between the UAE and China were the focus of talks during a two-day visit to the country by UAE minister of state Dr Sultan Al Jaber. The visit is expected to lay the ground work for in

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Economic decline 'leads to obesity rise'

The rate of obesity continues to climb across the world's most developed countries, with certain nations and groups of people such as women and the poor hit harder by the recent economic crisis, the OECD said. While rates are

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Open up to Asia, urges Bahrain King

Bahrain has to gear up to face global economic challenges and open up on promising Asian investment zones, His Majesty King Hamad said.   In wide-ranging comments to editors-in-chief of local newspapers, he descr

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