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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...
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...
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...
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...
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...
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,...
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...
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...
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...
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...
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...
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....
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...
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...
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...
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)...
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...
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....
Abe aims 'third arrow'
Source : Saudi Gazette  
Date : 2013-05-18
The latest tranche of Japan's growth strategy will aim to triple infrastructure exports and double farm exports by 2020, as well as boost private investment, Prime Minister Shinzo Abe said...
Bavaria's 0% drink now in the Kingdom
Source : Arab News  
Date : 2013-05-18
Dutch brand Bavaria’s 0.00% non-alcoholic malt drink is now available in the Kingdom, with the brand formally launching the drink at a function held at Park Hyatt Hotel recently. The...
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