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Weekly Market Report
Source : Gulf Times  
Date : 2013-05-26
The Qatar Exchange (QE) Index gained 131.72 points, or 1.48%, during the week, to close at 9,048.62 points. Market capitalisation rose by 0.77% to reach QR501.9 billion (bn) as compared...
Technical analysis of the QE index
Source : Gulf Times  
Date : 2013-05-26
The QE Index witnessed some profit booking on Thursday to close the week at 9,048.62, down about 37 points (0.4%) for the day. On a weekly basis, the Index continued...
HSBC signs agreement with Emirates Group
Source : Gulf Today  
Date : 2013-05-26
HSBC Bank Middle East Limited has entered into an agreement to provide over seven thousand employees of The Emirates Group access to an innovative e-Letter service. The online solution will...
DMC boosts business-friendly maritime activity
Source : Gulf Today  
Date : 2013-05-26
Dubai Maritime City (DMC), the iconic world-class mixed use development, is one-of-a-kind development that encourages and propagates marine and maritime activity in a business-friendly environment, revealed Khamis Juma Buamim, the...
Dh3bn Rashid Hospital makeover: Mini healthcare city
Source : Emirates 24/7  
Date : 2013-05-26
A Dh3 billion Rashid Hospital redevelopment plan has been unveiled as part of the Dubai Health Strategy 2013-2025, which will include state of the art medical facilities, along with two...
Dubai's Ibn Battuta Mall to begin expansion
Source : Emirates 24/7  
Date : 2013-05-26
Nakheel, a Dubai-based master developer, is finally going to start work on the expansion of its flagship Ibn Battuta Mall....
UAE-based Indian expats don’t trust non-Indian advisers: Survey
Source : Emirates 24/7  
Date : 2013-05-26
Trust is the key factor for UAE-based Non-Resident Indians (NRIs) seeking financial advice, according to the first Standard Life NRI Wealth Study....
Central Bank, Cert ink deal
Source : Khaleej Times  
Date : 2013-05-26
The UAE Central Bank has signed a memorandum of association with the Computer Emergency Response Team, or Cert, of the Telecommunication Regulatory Authority, or TRA, to boost data protection and...
New HTL oil facility by end of May
Source : Khaleej Times  
Date : 2013-05-26
Horizon Terminals Limited, or HTL, the terminals business and wholly-owned subsidiary of the Emirates National Oil Company, or Enoc, on Saturday said that its new oil terminal in Fujairah, built...
Damac to start Bay Edge sales
Source : Khaleej Times  
Date : 2013-05-26
Damac Properties is launching sales on its latest serviced living project in the Burj Area of Dubai....
MAF to invest $1b in '13
Source : Khaleej Times  
Date : 2013-05-26
The UAE's Majid Al Futtaim Holding said that it foresaw capital investments of up to $1 billion this year as it steadily expanded its foothold in the region....
UAB to offer door-to-door corporate banking soon
Source : Khaleej Times  
Date : 2013-05-26
Sharjah-based United Arab Bank, or UAB, will be rolling out Door-to-Door Banking, a service that will offer several corporate banking transactions to be carried out at client's premises, a top...
Gulftainer planning $500m investments
Source : Khaleej Times  
Date : 2013-05-26
Gulftainer plans to invest $500 million over two years as it expands in Russia and Saudi Arabia, the world's two biggest oil producers....
Qatar keen to meet India LNG demand
Source : The Peninsula  
Date : 2013-05-26
The negotiations between India and Qatar to supply an additional three to four million tonnes (mt) of liquefied natural gas (LNG) a year, are still going on, the Minister of...
KFH-Bahrain wins top award for merger role
Source : Gulf Daily News  
Date : 2013-05-26
Kuwait Finance House - Bahrain received the Best Investment Advisory Service 2013 Award from CPI Financial for its role as the lead and transaction adviser for the three-way bank merger...
Lulu 'mango mania' grips the Kingdom
Source : Saudi Gazette  
Date : 2013-05-26
The onset of summer brings with it sheer happiness with mangoes galore! As the temperature soar, Lulu Hypermarkets, Saudi Arabia gives you a reason to celebrate the finest part of...
PAL set to resume flight operations to KSA soon
Source : Saudi Gazette  
Date : 2013-05-26
The Philippines' national carrier, Philippines Airlines (PAL), is planning to resume its flight operations in the Kingdom of Saudi Arabia in the near future, according to a press release by...
Citizens' welfare
Source : Oman Tribune  
Date : 2013-05-26
As part of the stress being given to developing the youth to take up the numerous challenges of nation building, the government is focusing on small and medium-sized enterprises (SME)...
Kanoo business divisions retain ISO certificates
Source : Saudi Gazette  
Date : 2013-05-26
Yusuf Bin Ahmed Kanoo Company Limited, KSA, got all its business divisions recertified for the sixth time to the prestigious ISO9001:2008 International Standard by ABS Quality Evaluations Inc....
ExxonMobil to join Sabic in making rubber products
Source : Saudi Gazette  
Date : 2013-05-26
Saudi Basic Industries Corporation (Sabic) and the US’ ExxonMobil Chemical have set out their plans to add maximum value to the SR12.75 billion elastomers project at Jubail industrial city that...
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