UAE’s real estate market continued to lead the GCC real estate market in the first quarter of 2014 with residential sales prices rising by 30 per cent in Dubai in the year ending March, according to a report published yesterday…
Day: June 25, 2014
Syria, Egypt and Iraq affecting Jordanian economy: IMF
Events in neighbouring countries are creating a challenging environment for Jordan which is nevertheless expected to record higher growth and lower inflation in 2014, according to a statement issued on 23 June following an IMF mission to the kingdom. “Jordan’s…
Kuwait real estate sales 24 per cent up year-on-year in May: NBK
Kuwait’s real estate market booming and sales in May were almost one-quarter higher than in the same month of 2013, according to the weekly economic report by the National Bank of Kuwait (NBK). “Sales were up from a year ago,…
The struggle for mastery of Iraq’s $20tn oil and gas reserves
According to the annual BP Statistical Review of World Energy published this month, Iraq has 150bn barrels of proven crude oil reserves. Its126.7tn standard cubic feet (scf) of natural gas reserves is the equivalent of a further 21bn barrels.…