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GCC Equity Monitor: Global
Source : Global Investment House  
Date : 2013-05-23
Emaar's stock price closed at AED5.61. The price fulfilled its Fibonacci Retracements level from AED11.95 – AED1.74 at AED5.63 (38.2%) and promise to witness further strength towards AED6.08 (50% level)...
SAGIA to sustain business friendly environment
Source : Saudi Gazette  
Date : 2013-05-23
The Saudi Arabian General Investment Authority’s (SAGIA) board of directors discussed a number of topics including the Kingdom’s efforts in sustaining a strong business friendly environment while attracting investments that...
Jubail refinery to be commissioned
Source : Saudi Gazette  
Date : 2013-05-23
Saudi Aramco Total Refining & Petrochemicals (SATORP) is half way through commissioning its refinery in Jubail, and expects it to be fully operational by the end of the year....
Saudi Economic Developments; First Quarter, 2013
Source : Saudi Arabian Monetary Agency  
Date : 2013-05-23
Broad money (M3) rose by 2.4 percent (RIs 33.4 billion) to Rls 1,427.2 billion during the first quarter of 2013 compared to a rise of 6.4 percent (Rls 83.7 billion)...
Turkey expects 400,000 Saudi tourists in 2013
Source : Arab News  
Date : 2013-05-23
Turkey is seeking to attract 400,000 Saudi tourists this year, according to a Turkish diplomat in the Kingdom....
Qatar Monthly Monitor: QNB
Source : Qatar National Bank  
Date : 2013-05-23
Qatar's overall balance of payments rebounded from a deficit of US$14bn in 2011 to a surplus US$16bn in 2012 (Fig 1). The 2011 deficit was mainly due to direct, portfolio...
Kuwait Oil price down to USD 99.55 pb
Source : Kuwait News Agency  
Date : 2013-05-23
Price of Kuwaiti crude oil dropped USD 1.26 to USD 99.55 per barrel on Wednesday compared to USD 100.81 pb on Tuesday, Kuwait Petroleum Corporation (KPC) said on Thursday....
USD rate stabilizes vis a vis Kuwaiti dinar
Source : Kuwait News Agency  
Date : 2013-05-23
Exchange rate of the US dollar remained unchanged at KD 0.286 while the euro dropped against the Kuwaiti dinar to KD 0.368, said the Central Bank of Kuwait (CBK) on...
Oil Market Report - May 2013
Source : Global Investment House  
Date : 2013-05-23
WTI crude oil price rose by 3.9% during the review period (12 May-12 Apr 2013) to USD92.16 per barrel, spurred on by better-than-expected economic data in the United States that...
GCC program finances numerous projects in Gaza Strip
Source : Kuwait News Agency  
Date : 2013-05-23
Numerous projects funded by the Gulf Cooperation Council (GCC) Program for the reconstruction of several provinces in the Gaza Strip were announced here on Thursday....
MENA Hospitality Update: April 2013
Source : Taameer  
Date : 2013-05-23
The hotel industry in MENA exhibited strong performance in February 2013. Occupancy rate grew to 66.4% from 62.4% in February 2012, while ADR rose 2.9% to $ 176.55 compared to...
April Inflation Update; Food inflation continues to accelerate
Source : Jadwa Investment Company  
Date : 2013-05-23
Saudi annual CPI inflation slightly increased to 4 percent in April compared with 3.9 percent in the previous three months. It slightly eased to 0.2 percent on a monthly basis....
Yemen seeks to enhance fishing cooperation with Sicily
Source : Yemen News Agency  
Date : 2013-05-23
Yemen and Sicily, an Italy's autonomous region, have discussed in the region's capital, Palermo, the possible means to develop the cooperation relations in fishing field....
Manama named 'capital of Arab Media'
Source : Gulf Daily News  
Date : 2013-05-23
A Co-operation protocol has been signed declaring Manama as the Capital of Arab Media for 2013-2014....
Celebrity chef set to add flavour at mango festival
Source : Gulf Daily News  
Date : 2013-05-23
LULU Hypermarket has a delicious treat in store for shoppers with an inclination towards culinary innovation - a Bahrain tryst with MasterChef India host and judge Kunal Kapur!...
Chance to sign up for Bahrain eContent Award
Source : Gulf Daily News  
Date : 2013-05-23
Registration for the Bahrain eContent Award 2013 is now open....
Seef Properties supports BMI with BD24,800
Source : Gulf Daily News  
Date : 2013-05-23
Seef Properties has donated BD24,800 to Bahrain Mobility International (BMI) as part of its corporate social responsibility programme....
Food security key to the future
Source : Gulf Daily News  
Date : 2013-05-23
Municipalities and Urban Planning Affairs Minister Dr Juma Al Ka'abi yesterday underlined the need to protect sea resources and preserve fish stock for present and future generations....
Fast-track housing projects urges Premier
Source : Gulf Daily News  
Date : 2013-05-23
The Premier yesterday directed the Housing Ministry to fast-track construction of housing units and hand them over to beneficiaries, taking into consideration applications of citizens living in the areas where...
Men at more risk from virus
Source : Gulf Daily News  
Date : 2013-05-23
Men are being advised to take extra precautions after it emerged they could be more at risk from the deadly Sars-like virus than women....
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