Kuwait has forecast a deficit of $22.4 billion in its 2010/11 budget as the spending is projected to reach $56.1 billion, a rise of 33.5 percent above the current year.
UAE Minister of Foreign Trade (MoFT) Sheikha Lubna Bint Khalid Al Qasimi is on a visit to India to enhance trade co-operation and promote investment opportunities available in the UAE.
The business confidence among the small and medium-sized enterprises (SMEs) in the Middle East region is at a new high with Qatar topping the list, according to a new survey by HSBC.