The new IFC and World Bank report, Doing Business 2012,?showed that 11 out of 18 economies in the Middle East and North Africa improved the ease of doing business, despite political and economic uncertainty in the region.
Business & Management
UAE economy sees strong first-half performance
?
A new report showed that the UAE economy was ?back in business? with increased hydrocarbon output from Abu Dhabi pushing growth and non-oil indicators in Dubai looking more positive.
Kuwait announces 1,100 projects valued at US $125 billion
Kuwait has announced over 1,100 projects with a joint value of about US$125 billion to be completed over the next 20 years in a bid to kick start economic development in the country.
G8 and IMF pledge US$38mn to help Arab states
Finance ministers from the G8 group of industrialised countries have pledged US$38mn to several Arab countries to help with reconstruction and moves towards democracy.
Global competitiveness rankings highlights affects of turbulence
The latest World Economic Forums Global Competitiveness Report 2011-2012 ranks Qatar as the region most competitive economy and highlights the affect the recent turbulence in the region has had on North African economies.