Posts from category Kuwait News
GCC Puts Oil and Gas Exports at $18.3tn
on May 25, 2010 by admin in Africa News, Business, Export News, GCC News, Kuwait News, News, Saudi Arabia News, Trade News, World Business, Comments Off
The head of Dubai International Financial Centre (DIFC) while addressing the second day of the MENASA (Middle East, North Africa and South Asia) Forum in Dubai said with the presumption of average oil price at $50, the current value of… 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