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The infrastructure and construction market in the Middle East-North African region is among the world’s most attractive owing to its size, and forecasting figures predict a total of $ 4.3 trillion will be invested in construction projects across the MENA Read more
The preparatory process for Yemen’s national dialogue conference has been launched by Ban Ki-moon, UN’s Secretary General, calling it “an opportunity for all actors in Yemen to collectively establish a new social contract and achieve national reconciliation” in his opening Read more
The ratings agency Standard & Poor’s predicted that the Gulf Cooperation Council banks will be shielded from the Euro zone turmoil and will continue recovering steadily from the 2008 credit crisis, despite the persistence of some pockets of risk. Since Read more
Bahrain has been chosen as the next host of the GCC-EU annual talks of foreign ministers at the just concluded one in Luxembourg. The meetings are geared towards strengthening and developing cooperation between the Middle East and the European countries Read more
Iran is urging citizens to protest against what the members of the Gulf Cooperation Council (GCC) discussed in Riyadh about forming a regional union to enhance economic, political and military coordination. The proposed union is tagged by Iran as a Read more
The high profile summit between member states of the Gulf Co-operation Council (GCC) ended without any agreements being signed. Instead, another summit has been arranged and it will be held in Bahrain in December. The Riyadh summit chaired by the Read more
The six-member countries of the Gulf Cooperation Council (GCC) will be benefit the U.S. advanced ballistic missile defense system against any threat from neighboring Iran. Addressing the inaugural session of the Strategic Cooperation Forum between the U.S. & GCC –Saudi Read more
The crude & gas reserves of the Arab Gulf countries are estimated $65 trillion, or one third of the overall world hydrocarbon reserves, says QNB Capital in its latest analysis. The GCC oil & gas reserves represent 93 pc of Read more
The Gross Domestic Product (GDP) of the Sultanate of Oman has increased 23.3 percent to $ 51.9 billion during the first three quarters of 2011 due to the surge in oil prices and output in the Gulf country According to Read more