Business & Management

GCC invests an extra US$150 billion due to Arab spring

New_report_GCC_1

According to a new report from Bank of America Merrill Lynch (BofAML), governments in the Gulf Cooperation Council (GCC) have sharply increased spending in the wake of recent political unrest in the region, with the report estimating additional investment at US$150 billion.

Hits: 4398

Read more ...

Omani construction spending to increase in 2012

Omani_construction

Government spending in Oman is set to increase by nine per cent in 2012 from this year to finance construction projects and create more jobs for nationals.

Hits: 4856

Read more ...

Modon has spent US$1.86 billion on industrial cities

Tawfig-Bin-Fawzan-Alrabiah

Modon revealed that the total cost of the establishment, expansion and development of industrial cities in Saudi Arabia over the past four years has amounted to about US$1.86 billion.

Hits: 4561

Read more ...

Dubai to launch gas strategy

Saeed_Mohammed_Al-Tayer

Dubai will launch a gas strategy next year aimed at reducing rising energy demand in the emirate and will tender to appoint a specialist consultant for the plan by year-end, the emirate's top energy council said.

Hits: 4608

Read more ...

Drake and Scull posts stronger Q2 revenues

drake-and-scull

Drake & Scull International PJSC (DSI) reported higher profits and revenues for the second quarter 2011. Net income increased by 22 per cent to hit US$14.9mn compaired with US$12.25mn last year.

Hits: 4484

Read more ...

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W: www.alaincharles.com

twn Are you sure that you want to switch to desktop version?