Middle East Business Review – 22 Mar

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UAE biggest arms importer in ME region – report

According to a report released by a report by the Stockholm International Peace Research Institute (SIPRI), the UAE stands as the largest importer of arms in the Middle East over the last five years. Click here to read more…

Etihad Airways brings Abu Dhabi organic food on board

Etihad Airways announced an exclusive partnership with the UAE’s first internationally certified organic farm to supply fresh organic produce for its inflight First Class dining menus. Click here to read more…

Kuwait GDP to grow at 5.4% this year

Kuwait’s state-run news agency reported the oil rich nation’s gross domestic product to grow as much as 5.4% for the fiscal year ended 31 March, citing a study by the finance ministry’s Department of Macroeconomic and Fiscal Policy. Click here to read more…

Kuwaiti Emir announces $5 million aid to Japan

Kuwait’s Emir Sheikh Sabah Al Ahmad Al Jaber Al Sabah has donated a sum of $5 million to the disaster-stricken Fukushima Prefecture. Click here to read more…

Oman stresses diplomatic dialogue with Iran, warns on military action

Reports coming from Tehran suggest the Iranian President Mahmoud Ahmadinejad had a telephonic conversation with Omani ruler Sultan Qaboos Bin Said on Wednesday in which both leaders stressed the need for strengthening mutual relations between the neighbouring countries and holding close consultations on key regional issues. Click here to read in detail…

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