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.
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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.
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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.
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Jordan revised its 2011 budget which saw state spending increase to US$8.9 billion to cover higher welfare costs.
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Saudi Arabia plans to spend US$154.7 billion in 2011 on infrastructure and education to spur growth in the country's economy.
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