26/01/2012 09:09 GMT
Algeria imported 390,140 vehicles in 2011 against 285,337 in 2010, up 36.73%, according to the Algerian Customs. This is mainly due to an increase by more than 37% in car dealer imports, the Algerian...
More
|
More Algeria News
|
26/01/2012 09:40 GMT
Industry and Commerce Minister Hassan Fakhro Chaired a meeting where a feasibility study was presented for a proposed Economic City, which is the brainchild of King Hamad. Attending the meeting were...
More
|
More Barhrain News
|
23/01/2012 05:33 GMT
Kuwait Energy, one of the fastest growing independent oil and gas exploration and production companies in the Middle East, announced a new oil discovery in Egypt's Ahmad-1X well, located in the Gulf...
More
|
More Egypt News
|
26/01/2012 08:08 GMT
The majority of merchants and businessmen in the Shiite holy cities of Najaf and Karbala have decided to cease dealing with the Iranian currency, due to what they described as loss of half its value,...
More
|
More Iran News
|
26/01/2012 09:29 GMT
The Ministerial Economic Commission called today for supporting the private sector, demanding further annual financial allocations to grant loans to industrialists, according to a statement. The...
More
|
More Iraq News
|
26/01/2012 07:04 GMT
Kuwait's annual inflation slowed to a 19-month low of 3.1% in December from 4.2% in the previous month, data from the country's Central Statistics Office showed. The OPEC member's average inflation...
More
|
More Kuwait News
|
25/01/2012 04:33 GMT
Qatar Airways said it will resume flights to the Libyan capital Tripoli as of 2 February 2012. The airline will reintroduce scheduled services between Doha and Tripoli after suspending operations...
More
|
More Libya News
|
25/01/2012 05:54 GMT
Oman may raise state expenditures this year if needed but the government does not plan to issue any sovereign bonds, Finance Minister Darwish Al Balushi said. 'If there is any need arising during the...
More
|
More Oman News
|
26/01/2012 08:42 GMT
Gulf Drilling International (GDI) has ordered two new land rigs from US contractor Lanco Well Services to expand its fleet to twelve. The Victoria, Texas based company will deliver the two rigs,...
More
|
More Qatar News
|
26/01/2012 08:13 GMT
Bahra Cables, a subsidiary of Saudi's Construction Products Holding Company (CPC), said it has started production of polyvinyl chloride (PVC) compound at its new factory in Jeddah. The Saudi company...
More
|
More Saudi Arabia News
|
26/01/2012 08:05 GMT
Etihad Airways will acquire a 40% stake in Air Seychelles, its second airline acquisition in the last five weeks as the rapidly growing Abu Dhabi-based carrier embarks on an ambitious expansion plan....
More
|
More UAE News
|
19/01/2012 09:58 GMT
Prime Minister Mohammed Salem Basindwa met on 18 January 2012 with a delegation of Indonesia's Medco Energi International headed by its President Lukman Mahfoedz. In the presence of the Oil and...
More
|
More Yemen News
|
26/01/2012 09:17 GMT
Ericsson, a leading provider of technology and services to telecom operators, has registered a 12% growth in the Middle East sales year over year, said a senior official. "We’ve had some major...
More
|
More General News
|