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| KAEC sees huge influx of foreign investments |
| Source : Arab News |
| Date : 2013-05-19 |
| There is a huge influx of investments in business enterprises and industrial projects in the King Abdullah Economic City (KAEC), says a top official.... |
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| Haji Husein Alireza upbeat on SUV sales |
| Source : Arab News |
| Date : 2013-05-19 |
| Haji Husein Alireza & Co. Ltd. (HHA), sole distributor of Geely vehicles across the Kingdom, is all set to launch Geely’s SUV Emgrand X7 model into the Saudi market on... |
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| Iraqi merchants buying Iranian wheat at a higher price |
| Source : Tehran Times |
| Date : 2013-05-19 |
| On Saturday, a number of Iranian MPs criticized the government for buying wheat from farmers at a low price, saying it has encouraged Iraqi merchants to buy wheat from Iranian... |
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| GCC is 13th largest world economy |
| Source : Emirates 24/7 |
| Date : 2013-05-19 |
| Gulf hydrocarbon producers emerged as the 13th most powerful economy in the world in 2011 while strong oil prices allowed them to become the fifth largest exporter with the highest... |
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| Kuwaiti SMEs Fund capital must serve national economy |
| Source : Kuwait News Agency |
| Date : 2013-05-19 |
| The National Small and Medium-sized Enterprises (SMEs) Fund's capital of KD 2 billion remains an important part of public funds that must be used in feasible economic activities with the... |
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| Qatar banks record big asset gains |
| Source : Gulf Times |
| Date : 2013-05-19 |
| Benefitting from Qatar's large public spending programme on the back of higher energy prices and increased gas production, local banks have seen huge asset gains with a 20% compounded annual... |
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| UAE trade surplus to hit $ 90.7 billion |
| Source : Arab News |
| Date : 2013-05-19 |
| The UAE economy growth is expected to lower to 3.9 percent in 2012 after a solid 2011, when the GDP expanded 5.2 percent led by high oil prices and a... |
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| Euler Hermes sees 20% growth in GCC countries |
| Source : Khaleej Times |
| Date : 2013-05-18 |
| Euler Hermes, a market leader in credit insurance, will continue to invest in GCC countries and expects around 20 per cent growth in premium portfolio this year and next year,... |
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| Emirates sees 777X role beyond A350-1000 |
| Source : Khaleej Times |
| Date : 2013-05-18 |
| Emirates chief executive officer Tim Clark said there isn't much overlap between Boeing Co's new 777X and the Airbus SAS A350-1000 long-range jet, allowing him to accommodate both models in... |
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| Tourism campaign to promote Duqm |
| Source : Oman Daily Observer |
| Date : 2013-05-18 |
| The Ministry of Tourism represented by the tourism department in Al Wusta and Al Dakhiliyah governorates yesterday launched a tourism campaign in the Wilayat of Al Duqm under the title... |
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| Qatar buys 40% stake in Milan skyscraper project |
| Source : Gulf Today |
| Date : 2013-05-18 |
| Qatar's sovereign wealth fund has bought a 40 per cent stake in a new 290,000-square metre skyscraper project near the centre of Milan with a commercial value of... |
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| Gold loses shine on Fed speculation |
| Source : Gulf Today |
| Date : 2013-05-18 |
| Gold fell for a seventh straight session on Friday, its longest losing streak in four years, as speculation that the Federal Reserve may soon rein in monetary easing lifted the... |
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| QP hosts GCC supply chain committee meet |
| Source : Gulf Times |
| Date : 2013-05-18 |
| Under the patronage of HE Mohammed bin Saleh al-Sada, Minister of Energy and Industry, the 26th meeting of the GCC oil and gas companies supply chain committee (GCCSC) was held... |
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| Dubai Atlantis 'The Palm'seeks $ 850 m loan |
| Source : Khaleej Times |
| Date : 2013-05-18 |
| Atlantis, The Palm, is raising an $ 850 million syndicated loan to refinance existing debt and provide new funds, banking sources said.... |
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| Inceif partners with Bank Nizwa in Oman |
| Source : Khaleej Times |
| Date : 2013-05-18 |
| Inceif, the Global University of Islamic Finance, is partnering with Bank Nizwa, Oman’s first dedicated Islamic bank, to provide structured training and development initiatives for Omani nationals working in the... |
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| Kuwait participates in 37th oil conference in Indonesia |
| Source : Kuwait News Agency |
| Date : 2013-05-18 |
| Kuwait Foreign Petroleum Exploration Company (KUFPEC) is participating in the Indonesian Petroleum Association's (IPA) 37th convention and exhibition which aims at increasing oil and gas investments in the country and... |
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| Hamptons Q1 sales record 41% growth |
| Source : Khaleej Times |
| Date : 2013-05-18 |
| Hamptons Mena, the premier property services company in the region, recently recorded a 41 per cent growth in the volume of real estate transactions in its primary market of Dubai... |
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| HDFC targets 20% GCC growth |
| Source : Khaleej Times |
| Date : 2013-05-18 |
| HDFC Ltd, India's premier housing finance company, has brought 50 top developers to the 10th edition of India Homes Fair, a property fair exclusively for the Non Resident Indians (NRIs)... |
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| Hyundai opens new pre-owned cars showroom |
| Source : Khaleej Times |
| Date : 2013-05-18 |
| Juma Al Majid Establishment (JAME), the sole distributer of Hyundai passenger cars and commercial vehicles in the UAE, has announced the opening of its new Hyundai Certified Pre-Owned (CPO) Vehicle... |
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| Masdar and IFC in $1.5b deal for clean energy projects |
| Source : Khaleej Times |
| Date : 2013-05-18 |
| Masdar and the International Finance Corporation (IFC), the private sector arm of the World Bank, announced their intention to collaborate on the advancement of clean energy projects.... |
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