World Bank: Kuwaiti GDP Grows 1.6 percent

    The World Bank disclosed Kuwait's GDP growth, rising by 1.6 percent in 2018 after recording a contraction of 3.5 percent in 2017. This came in a statement by Issam Abu Sulaiman, the Regional Director of GCC at World Bank Group, on the sidelines of the discussion of the Bank's semi-annual report on GCC economies organized by the Arab Planning Institute. "This growth recovery was addressed by the Bank's report entitled (Human Capital and Economic Growth in the GCC)," said Abu Sulaiman. He added "the report addressed the reasons for the recovery in Kuwait which was supported by high oil prices and increased employment in the public sector." Source (Economic Bulletin website, Edited)
  • Kuwait, State of Kuwait
  • 23 May 2019

Decline of Gulf Sovereign Bond Profits

    A report by the Economic and Financial Research Department of the National Bank of Kuwait (NBK) showed a decline in bonds’ incomes in the Gulf Cooperation Council (GCC) countries
  • GCC Countries
  • 23 May 2019

Losses of the Syrian Oil Sector are $74.2 Billion

  • Damascus, Syrian Arab Republic
  • 22 May 2019

Sharjah Chamber Appoints Mohamed Ahmed Amin as General Manager

  • Sharjah, United Arab Emirates
  • 20 May 2019

Tunisia's Tourism Sector Achieves a 14.5% Growth

  • Tunis, Republic of Tunisia
  • 20 May 2019

IMF Expects a 1% Growth for Saudi Arabia

  • Riyadh, Kingdom of Saudi Arabia
  • 17 May 2019