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| Dubai hotel chain to invest in Sharjah |
| Source : Gulf Today |
| Date : 2013-06-15 |
| A leading boutique chain of hotels is set to establish two more hotels in Sharjah at the cost of Dhs280 million , as the hotel industry in the UAE continues... |
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| UAE is a hub for global healthcare firms |
| Source : Gulf Today |
| Date : 2013-06-15 |
| The UAE is now the regional distribution centre of a global integrated healthcare firm that has decided to hire the warehouse facilities and freight forwarding services of another international company... |
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| Iran ramps up wheat buying |
| Source : The Peninsula |
| Date : 2013-06-15 |
| Iran has ramped up its campaign to import wheat, buying more than 800,000 tonnes in two weeks in what some traders said was a drive to ensure adequate supplies for... |
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| Ooredoo withdraws bid for Vivendi stake in Maroc Telecom |
| Source : The Peninsula |
| Date : 2013-06-15 |
| Qatar-backed telecom group Ooredoo has withdrawn its bid for Vivendi's 53 percent stake in Maroc Telecom, leaving rival Gulf operator Etisalat as the remaining bidder.... |
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| Real Estate sector up over 5% in a week |
| Source : Arab News |
| Date : 2013-06-15 |
| Saudi Arabia's benchmark stock index continued its upward march for the fourth straight week, advancing 0.14 percent further.... |
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| Omani SMEs to learn from Korean expertise |
| Source : Oman Daily Observer |
| Date : 2013-06-15 |
| A group of Omani entrepreneurs and managers of small- and mid-sized enterprises (SMEs) is visiting South Korea within the framework of a programme that aims at improving the performance of... |
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| Bahrain attendee of honor at 16th Arab-German Economic Forum |
| Source : Kuwait News Agency |
| Date : 2013-06-15 |
| Bahrain will be the country of honor at the 16th session of the Arab-German Economic Forum that kicked off on Friday in Berlin, under the auspices of Philipp Rosler, Germany's... |
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| Economy boosts sales of fleet cars in UAE |
| Source : Khaleej Times |
| Date : 2013-06-15 |
| The UAE's resurgent economy is fuelling the sales of fleet cars, a phenomenon that will provide a host of business opportunities for automotive service organisations and spare parts distributors, according... |
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| Gulf nations' investments in power sector to hit $ 250b |
| Source : Khaleej Times |
| Date : 2013-06-15 |
| Gulf countries' investments in the power sector is estimated to reach $ 250 billion in the next five years due to massive development and rapid growth, according to a latest... |
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| Spanish firms target Saudi solar energy sector |
| Source : Arab News |
| Date : 2013-06-15 |
| A group of Spanish companies have expressed willingness to enter into partnership with their Saudi counterparts to set up plants for production of solar energy to meet local demand and... |
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| CITC increases penalties on use of illegal SIM cards |
| Source : Arab News |
| Date : 2013-06-14 |
| The Communication and Information Technology Commission (CITC) has increased the penalty for companies and shops involved in the illegal sale of SIM cards from SR 5 million to SR 25... |
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| Oman to participate in Asia's largest ICT meet |
| Source : Oman Daily Observer |
| Date : 2013-06-14 |
| The Sultanate is set to take part in Asia's largest annual event, the Infocomm Media Business Exchange — hosted by the Infocomm Development Authority of Singapore (IDA) and organised by... |
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| Yemen, Mauritania sign agreement to regulate air transport |
| Source : Yemen News Agency |
| Date : 2013-06-14 |
| Yemen and Mauritania signed on Thursday in Nouakchott an agreement-in-principle to regulate air transport and a memorandum of understanding allows the immediate operation of both countries' national carriers.... |
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| Ramadan meat supplies pledge |
| Source : Gulf Daily News |
| Date : 2013-06-14 |
| Around 130,000 sheep are expected to be imported into Bahrain to ensure adequate food stocks during Ramadan, which starts next month.... |
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| Vodafone moves for Kabel Deutschland |
| Source : Gulf Today |
| Date : 2013-06-14 |
| British mobile firm Vodafone is pursuing Kabel Deutschland after having an initial 7.2 billion euro ($9.6 billion) bid proposal knocked back by Germany's biggest cable operator, sources close to the... |
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| Successful Expo 2020 bid will see spurt in Dubai mega projects: IMF |
| Source : Gulf Today |
| Date : 2013-06-14 |
| The International Monetary Fund (IMF) has highlighted that the country's economic recovery has continued to strengthen amid favourable oil prices and capital inflows and said that 'a broadening recovery in... |
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| UDC to sign QR1.5bn loan deal with QNB |
| Source : The Peninsula |
| Date : 2013-06-14 |
| United Development Company (UDC), master developer of The Pearl-Qatar, announced yesterday its intention to sign a loan agreement facility with Qatar National Bank (QNB) for QR1.5bn.... |
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| BofA-Merrill raises Qatar bourse assessment to overweight, cuts UAE |
| Source : The Peninsula |
| Date : 2013-06-14 |
| Bank of America Merrill Lynch raised its assessment of Qatar’s stock market to overweight from neutral, and cut the United Arab Emirates to neutral from overweight, according to a BofA... |
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| Sorouh creditors approve merger with Aldar |
| Source : Khaleej Times |
| Date : 2013-06-14 |
| Abu Dhabi's two realty giants Aldar Properties and Sorouh Real Estate have applied to the Abu Dhabi Executive Council for getting its nod on the proposed merger, which is expected... |
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| Mena online ad market to reach $2.8 billion by 2016 |
| Source : Khaleej Times |
| Date : 2013-06-14 |
| Online advertising in the Middle East and North Africa region (Mena) is growing at 37 per cent per year to hit $2.8 billion in 2016, industry experts said.... |
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