Despite sluggish global market conditions, banks in Ras Al Khaimah are showing strong returns. The National Bank of RAK (RAKBANK) posted a net profit of Dh1bn ($272.3m) for 2010, a 38.1% increase...
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Economic Update | RAK: Strong returns
1 Mar 2011
Economic Update | Kuwait: Market realignment
1 Mar 2011
Once again signalling the government’s intent to realign the local labour market, officials announced on February 8 that the Kuwaiti Manpower Restructuring Programme has targeted the placement of 20,...
Economic Update | Jordan: A new investment landscape
1 Mar 2011
With efforts to accelerate the pace of economic growth and boost domestic employment taking centre stage under the new government of Prime Minister Marouf Bakhit, a new law is under discussion that...
Economic Update | Oman: On track
24 Feb 2011
Oman is pushing ahead with plans to deploy a nation-wide rail network, with this excepted to boost the economy by expanding logistics capacity and linking up the Sultanate’s ports and production...
Economic Update | Jordan: Striking a balance
14 Feb 2011
While the Jordanian political landscape has been renewed, the new prime minister, Marouf Bakhit is expected to face a number of challenges confronted by his predecessor, Samir Rifai. Some argue he...
Economic Update | Qatar: Sales set for a surge
14 Feb 2011
Qatar’s retail sector appears well-placed for solid growth over the next few years, with prospects looking even brighter in the medium term as the economy is expected to gain further momentum as a...
