• Business in Gulf remains strong albeit vulnerable

    JEDDAH – Business environment in the six Gulf Cooperation Council (GCC) countries  has remained strong as it was not affected by the political unrest sweeping the Middle East and North Africa, the Arab Petroleum Investment Corporation (Apicorp) said in its …

  • GT Academy Mideast winner all set to become racing driver

    Having beaten thousands of competitors in the virtual world of the PlayStation  Gran Turismo  GT Academy qualifying rounds and proven his skills behind the wheel of a Nissan 370Z in the real racing world, Salman Al Khater from Qatar has …

  • Qatar raises 2013 GDP growth forecast to 5.3%

    DOHA – Qatar’s government raised its forecast for real gross domestic product growth in 2013 to 5.3 percent from 4.8 percent on Wednesday, citing changes to its expected output of oil and gas.

    The General Secretariat for Development Planning predicted …

  • Toyota enters Le Mans winners’ podium

    Toyota Racing achieved an emotional runners-up finish in the 90th anniversary edition of the Le Mans 24 Hours after a rollercoaster race which saw drivers and team overcome immense challenges in this third round of the FIA World Endurance Championship. …

  • US suspends Bangladesh trade benefits

    WASHINGTON  — President Barack Obama announced Thursday the suspension of US trade privileges for Bangladesh because of concerns over labor rights and worker safety that intensified after hundreds died there in the global garment industry's worst accident.

    In a proclamation, …

  • SABIC seeks further collaboration in car industry

    JEDDAH – The Saudi Basic Industries Corporation (SABIC) has showcased automotive capabilities to US automakers, and emphasized collaboration and innovation in the auto industry.
          
    Participating in a conference discussion in Detroit, Michigan on Wednesday, hosted by the US Saudi …

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