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| APICORP posts record profits; seeks new ventures |
| Source : Arab News |
| Date : 2013-05-21 |
| The Arab Petroleum Investments Corporation (APICORP) has announced net profits of $ 109 million for 2012, the highest in the organization's 37-year history.... |
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| KSA to import record high diesel volumes for summer |
| Source : Arab News |
| Date : 2013-05-21 |
| Saudi Arabia will import near record high diesel volumes this summer, as it gears up to beat the sweltering heat and meet rising travel needs during the fasting month of... |
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| 200 foreign firms to share expertise at 'Saudi Energy' |
| Source : Arab News |
| Date : 2013-05-21 |
| More than 200 foreign companies will take part in Saudi Energy 2013, organizers announced.
It will take place with the support of the Ministry of Water and Electricity at the Riyadh... |
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| Tadawul index advances slightly |
| Source : Arab News |
| Date : 2013-05-21 |
| The Saudi stock market sustained its upward march yesterday, closing the fourth consecutive session with balmy gains (+7.02 points).... |
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| Malaysia seeks new channels for KSA trade |
| Source : Arab News |
| Date : 2013-05-21 |
| The Consulate General of Malaysia Commercial section (MATRADE Jeddah) in collaboration with Council of Saudi Chambers (CSC) and Jeddah Chamber of Commerce (JCCI) organized a meeting between Saudi businessmen and... |
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| KACST, Saudi Aramco to discuss model incubator in Eastern Province |
| Source : Arab News |
| Date : 2013-05-21 |
| The King Abdulaziz City for Science and Technology (KACST) and Saudi Aramco will jointly hold a workshop in Dhahran June 6 to discuss development of a specialized incubator for advanced... |
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| Nael Fayez: SR 2,400 expat fee will weed out unskilled labor |
| Source : Arab News |
| Date : 2013-05-21 |
| The robust Saudi economy is passing through a unique phase providing innumerable opportunities for the first time in history.... |
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| India aims to widen basket of exports to Iran |
| Source : Tehran Times |
| Date : 2013-05-21 |
| India is looking to broaden its range of exports to Iran to help balance bilateral trade under an agreement that allows the countries to bypass Western sanctions, Indian industry and... |
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| Tehran hosts first energy & wind conference |
| Source : Tehran Times |
| Date : 2013-05-21 |
| Tehran's Niroo Research Institute (NRI ) or Energy Research Institute has hosted the first Iran Wind Energy Conference and exhibition. In attendance was Iran's President, Mahmoud Ahmadinejad, administration officials, experts... |
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| Iran's medicine imports fall by 54 percent |
| Source : Tehran Times |
| Date : 2013-05-21 |
| Iran imported $ 34.2 million worth of medicine in the first Iranian calendar month of Farvardin (March 21-April 20), down 54.7 percent year on year, ISNA reported.
Medicine imports were decreased... |
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| Iran acquires technology to build small refineries costing about $30m |
| Source : Tehran Times |
| Date : 2013-05-21 |
| Iran has acquired the technology for bulding small oil refineries, which cost $30-40 million, the Fars News Agency reported.... |
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| National Water Company to invest SR 50 bn in new projects |
| Source : Arab News |
| Date : 2013-05-21 |
| The power and water sectors are experiencing a massive boom in Saudi Arabia, according to Abdulrahman Almutari, head of privatization at the National Water Company (NWC).... |
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| Yemen oil exports rose 14% |
| Source : Arab News |
| Date : 2013-05-21 |
| Yemen's oil export volumes rose 14 percent in the first quarter of 2013, earning the government $ 35 million more than in the same period of 2012, according to data... |
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| Rising liquidity 'set to generate greater credit' |
| Source : Gulf Times |
| Date : 2013-05-21 |
| Improving liquidity and enhanced economic activities are set to generate greater demand for credit in the country with the country's banking sector estimated to see growth in loan disbursement of... |
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| Oman's GDP grew by 5% in 2012 |
| Source : Arab News |
| Date : 2013-05-21 |
| Oman's real GDP expanded steadily over the past few years, with an estimated growth rate of 5.0 percent in 2012, which was lower than government's target of 7.0 percent and... |
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| UAE sees capital influx |
| Source : Khaleej Times |
| Date : 2013-05-21 |
| Ideal local investment opportunities and political stability have triggered an increased inflow of private capital, mostly from India, Russia and China, into the UAE, a study by Invesco shows.... |
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| Call for authority to regulate Saudi real estate market |
| Source : Arab News |
| Date : 2013-05-21 |
| The two-day Saudi International Real Estate Conference (SIRC 3), organized by the National Real Estate Commission of Council of Saudi Chambers (CSC) in collaboration with a group of economists and... |
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| Kuwaiti MPs warn govt over oil appointments |
| Source : Kuwait Times |
| Date : 2013-05-20 |
| A number of MPs yesterday warned the government against what they called "rushed" appointments in the oil sector after the government reshuffled leading posts in the vital sector amid a... |
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| Yemen partakes in 2nd meeting of DGCA-MID in Jeddah |
| Source : Yemen News Agency |
| Date : 2013-05-20 |
| Yemen is to partake in the 2nd meeting of the Directors General of Civil Aviation - Middle East Region (DGCA-MID /2), which is held in Jeddah ,Saudi Arabia during (... |
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| Yemen's foreign currency reserves step up in March: CBY |
| Source : Yemen News Agency |
| Date : 2013-05-20 |
| Yemen's foreign currency reserves stepped up in March 2013 compared to last February, the Central Bank of Yemen (CBY) has said.... |
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