Business & Management

Social unrest creates ripples in Middle East And North Africa real estate markets


A new report by Standard & Poor’s looks at the current landscape in property markets in the Arabic-speaking countries of the Middle East and North Africa and what effect, if any, the recent unrest in the region has caused.

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UAE economy in 2011 to grow by 3.3 per cent


According to a report by the International Monetary Fund (IMF), the United Arab Emirates' economy should grow by 3.3 per cent this year which is slightly higher than previous forecasts.

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Saudi eyeing greater foreign investment


Saudi Arabia has attracted nearly US$147 billion in foreign direct investment (FDI), Amr Al-Dabbagh, Governor of the Saudi Arabian General Investment Authority (SAGIA), said.

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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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