| Other Top News |
| UAE trade surplus to hit $ 90.7 billion |
The UAE economy growth is expected to lower to 3.9 percent in 2012 after a solid 2011, when the GDP expanded 5.2 percent led by high oil prices and a 10.2 percent increase in oil production, according to a review of the..
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| Qatar banks record big asset gains |
Benefitting from Qatar's large public spending programme on the back of higher energy prices and increased gas production, local banks have seen huge asset gains with a 20% compounded annual growth rate (CAGR) in one year up to March, a new study..
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| Kuwaiti SMEs Fund capital must serve national economy |
The National Small and Medium-sized Enterprises (SMEs) Fund's capital of KD 2 billion remains an important part of public funds that must be used in feasible economic activities with the capacity to repay public funding, said participants at a seminar on SMEs..
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| Iraqi merchants buying Iranian wheat at a higher price |
On Saturday, a number of Iranian MPs criticized the government for buying wheat from farmers at a low price, saying it has encouraged Iraqi merchants to buy wheat from Iranian farmers at a higher price...
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| GCC is 13th largest world economy |
Gulf hydrocarbon producers emerged as the 13th most powerful economy in the world in 2011 while strong oil prices allowed them to become the fifth largest exporter with the highest trade surplus, according to a Bahraini minister...
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