Paul Gamble | Al Bawaba

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Last year, Maaden inaugurated a second major development, a $10.8 billion aluminium joint venture with US-based Alcoa

February 16th, 2014 - 07:28 GMT

Saudi Arabia plans industrial complex around phosphate mine

Billboards on the highway outside Turaif, a remote desert town in the far north of Saudi Arabia, foretell a glittering future of glass offices and palm-shaded residential streets.

Saudi Arabia has already deported 60,000 migrant workers as part of its Saudization movement (Courtesy of Zawya)

January 7th, 2014 - 10:48 GMT

For the "deserving"? Saudi Arabia introduces new welfare program for select citizens

One of Oman's largest economic sectors is tourism. The Sultanate hopes to have 12 million visitors by 2020 (Courtesy of One Oman)

November 3rd, 2013 - 11:48 GMT

Why this non-OPEC Gulf country is outpacing its GCC neighbors' economies

The latest economic data reveals some impressive growth statistics

January 8th, 2013 - 11:18 GMT

Lower oil prices could cause Saudi to curb spending plans

July 23rd, 2012 - 10:39 GMT

Saudi banks up lending

July 17th, 2012 - 08:05 GMT

Money money money! KSA banks lend Riyals galore on biggest spree since 2007

July 11th, 2012 - 10:20 GMT

Saudi inflation at lowest level since September 2011

Concern about the banks, which are hobbled with more than 180 billion euros in problematic real estate loans and assets, drove Spanish borrowing costs to near euro-era records last month

June 10th, 2012 - 10:40 GMT

Euro crisis a threat to UAE economy

Loans to SMEs are about 1.8 percent of lending, data from the central bank and the Saudi Credit Bureau show

November 24th, 2011 - 03:54 GMT