Dubai International Financial Centre (DIFC) could double in size over the next five years, according to Abdulla Mohammed Al Awar, CEO of the DIFC Authority (DIFCA).
Oman Telecommunications Co (Omantel) reported a 10.3 per cent rise in Q4 net profit as the operator's subscriber base grew.
Qatar Electricity & Water Co (QEWC) has agreed to buy a 23.3 per cent stake in Jordan's Amman East power plant from a Bahraini infrastructure fund.
Brazil is a key trading partner of GCC countries with total imports reaching US$4.2 billion during 2011.
Perkins has appointed Power Systems Gulf LLC (PSG) as the regional distributor for the Arabian Gulf with responsibility for Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE and Yemen.
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