A quick look at the Forbes list of the top 25 oil companies indicates that it is business as usual: Saudi Aramco continued its domination of the first ranking oil company in the world with its mammoth daily production of 12.5 million barrels per day

The limestone deposits of Ras Al Khaimah (RAK), along with the emirate’s five ports, an airport and good road links to the rest of the UAE and GCC, have enabled the emirate to develop a substantial industrial sector, most notably in ceramics. Indeed,

The Saudi insurance market is projected to grow by 15 percent per annum in total volume of gross premiums written (GPW) across the sector, driven primarily by demand from the Kingdom’s young population, especially for motor and medical insurance,

The Kingdom is encouraging some of its sharia-compliant banks to join forces to be better capitalised and equipped to deal with an increasingly turbulent and competitive global market. At the end of June, shareholders of three Bahraini Islamic lenders –

With Muscat having been named the Arab Tourism Capital for 2012 and the country becoming increasingly popular with visitors from around the globe, Oman’s tourism sector is gaining more attention from local and international investors who are building new

The information and communications technology (ICT) sector has benefitted from rising smartphone sales and expanding broadband reach, but further growth is contingent on infrastructure, particularly the expansion of the nation’s broadband capability and

When in February this year, EU’s decision to implement Iran oil sanctions from July 1 were announced, crude markets got rattled. WTI prices peaked well above $100. Additional fears that the Iran might do something dramatic in the Strait of Hormuz to cut

The Kingdom’s real estate sector continues to experience difficulties, with the residential, office and commercial segments all seeing little activity in the first half 2012. However, as private developers reconsider several projects currently on hold