Posts from category Qatar News

Dubai Realty Firms Squeeze Clients for Mirages

on April 12, 2010 by admin in Economy, GCC News, Qatar News, Trade News, UAE News, World Business News, Comments Off

Until the global credit crisis rocked the Dubai real estate projects, way back in 2008, people continued to invest in these projects blindly without any logical personal debt management. The fallout – both builders and clients could not keep their… Continue reading

GCC Becomes the Largest Food Importer

on February 17, 2010 by admin in Business, Dubai News, GCC News, Import News, Kuwait News, Pakistan News, Qatar News, Trade News, UAE News, World Business News, Comments Off

According to the World Trade Organisation (WTO), the GCC is the biggest importer of food in the world by buying more than 90 percent of its total needs. The GCC’s very high reliance on external food sources virtually pushes 36mn… Continue reading

GCC Rail Projects Provide Huge Opportunities for Rail and Related Global Businesses

on May 14, 2009 by admin in GCC News, Kuwait News, Qatar News, Saudi Arabia News, Trade News, World Business, World Business News, Comments Off

Apart from about 4000km long rail tracks criss-crossing the GCC states, there are several other railway projects in progress and coming up across Gulf region. France, China, the US, UK and India already have a significant presence in the construction… Continue reading

GCC to Ward off the Fears of Fiscal Deficit, if Current Oil Prices Stay Afloat

on April 13, 2009 by admin in Bahrain News, Dubai News, GCC News, Kuwait News, Marine business, Oman News, Qatar News, Saudi Arabia News, Trade News, UAE News, World Business, Comments Off

According to the Middle East oil experts, the current crude prices in the realm of $50/barrel will help GCC to avoid a potential budget deficit as announced by the latest bulletin of the Emirates Industrial Bank (EIB). The bulletin has… Continue reading

Oil Price Predictions Come True – $60/barrel only in Sep.

on April 5, 2009 by admin in Bahrain News, Business, Crude Prices, Dubai News, GCC News, IEA News, Oil Prices, Oman News, OPEC, Qatar News, Saudi Arabia News, Trade News, UAE News, World Business, World Business News, Comments Off

The crude oil prices gradually lost ground after International Energy Agency (IEA) declared fuel demand would decline significantly in the coming months than earlier thought. The grim economic data receiving from major oil consuming countries had forced them to bring… Continue reading