Business & Management

Industrial exports in Lebanon rise to US$3.3 bn in 2010


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 net profits rise 2010


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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SESCO sees an upturn in the market in 2011


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 revises its 2011 budget plan


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 to spend US$155 billion in 2011


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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