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Lebanon's industrial exports increased by 8.26 per cent in 2010 to reach US$3.3 billion but the balance of trade deficit widened further.
Drake & Scull International (DSI), reported net profit of US$4.1mn for the fiscal year ended December 31, 2010 and recorded US$503mn in revenue for the same period.
Saudi Electric Supply Company (SESCO) is looking to strengthen its presence in the GCC and the company’s general manager believes markets in the region will see an upturn this year.
Jordan revised its 2011 budget which saw state spending increase to US$8.9 billion to cover higher welfare costs.
Saudi Arabia plans to spend US$154.7 billion in 2011 on infrastructure and education to spur growth in the country's economy.