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| DDF records Dh2.7 biilion sales for first five months |
| Source : Khaleej Times |
| Date : 2013-06-17 |
| The Dubai Duty Free (DDF) on Sunday revealed Dh2.7 billion sales for the first five months of the year and predicted more than Dh11 billion annual sales in a few... |
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| Record number of vessels docks at Qatari ports in 2012 |
| Source : The Peninsula |
| Date : 2013-06-17 |
| A record number of 5834 vessels docked at various ports of Qatar in 2012 with a gross tonnage amounting to 294.9m, up 8.1 percent, compared to the previous year.... |
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| It's a bear stampede in UAE bourses |
| Source : Khaleej Times |
| Date : 2013-06-17 |
| Bears took control of UAE capital markets on Sunday as shares on the country's two bourses fell the most in almost a week on civil war concerns in Syria, with... |
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| Deposits at Saudi banks exceed SR 1.3 trillion |
| Source : Arab News |
| Date : 2013-06-17 |
| The National Commercial Bank (NCB) said in its new report that total deposits in the Saudi banking industry surpassed the SR 1.3 trillion level during April, providing a solid backbone... |
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| GCC to continue to invest heavily in infrastructure |
| Source : Arab News |
| Date : 2013-06-17 |
| The GCC (Gulf Cooperation Council) countries will continue to invest heavily in infrastructure and diversify their economies, thus boosting non-oil GDP growth, QNB said in a report.... |
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| Ithmaar Bank records 31pc growth in funds |
| Source : Gulf Daily News |
| Date : 2013-06-16 |
| Conceptually Ithmaar Bank is on the right track, chairman Amr Mohammed Al Faisal and chief executive Mohammed Bucheerei said in the company's annual report.... |
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| India expected to increase exports to Iran to $ 6 billion |
| Source : Tehran Times |
| Date : 2013-06-16 |
| India plans to increase its exports to Iran to about USD six billion in the current fiscal year that began in April, Press TV reports.... |
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| Gulf industries fair to boost competitiveness |
| Source : Oman Daily Observer |
| Date : 2013-06-16 |
| The Sultanate will host on September 23rd, "Gulf Industries Fair". The three-day event will be organised by Serapis Company for organising international exhibitions and festivals at Oman International Exhibition Centre.... |
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| CBO issues CDs worth RO 372m |
| Source : Oman Daily Observer |
| Date : 2013-06-16 |
| Certificates of deposit tender was held at the Central Bank of Oman (CBO) this week. The total amount allotted for issue No 821 was RO 372 million.... |
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| Spotlight on Islamic finance avenues |
| Source : Oman Daily Observer |
| Date : 2013-06-16 |
| A seminar themed "Islamic Finance: Promising Finance Avenues," will be held on Wednesday at Oman Chamber of Commerce and Industry (OCCI) in the Governorate of Dhofar.... |
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| Group opens up offshore bank account database online |
| Source : Oman Daily Observer |
| Date : 2013-06-16 |
| A massive database of private offshore banking entities that could be used for tax evasion was posted online for public use by the muckraking group that first reported the files.... |
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| SummerFest Abu Dhabi holds Qatar roadshow |
| Source : The Peninsula |
| Date : 2013-06-16 |
| Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi) has brought the emirate’s SummerFest Abu Dhabi promotion direct to the Qatari market with the June 13, 2013, roadshow in... |
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| Rentals in upcoming malls higher: Report |
| Source : Gulf Times |
| Date : 2013-06-16 |
| Asking rental rates in some upcoming malls in Qatar are 20 to 30 percent higher compared to the prevailing rates, indicating a bullish market outlook, according to the latest Tanween... |
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| Weekly Market Report |
| Source : Gulf Times |
| Date : 2013-06-16 |
| The Qatar Exchange (QE) Index gained 189.47 points, or 2.04%, during the week, to close at 9,479.80 points. Market capitalisation rose by 1.74% to reach QR520.0 billion (bn) as compared... |
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| Technical analysis of the QE index |
| Source : Gulf Times |
| Date : 2013-06-16 |
| The QE Index continued its uptrend, closing the week with positive gains, but later experienced some profit-booking to close lower on Thursday. The index gained about 190 points (2.04%) throughout... |
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| Sarawak: Open arms for Qatari investors |
| Source : Gulf Times |
| Date : 2013-06-16 |
| Malaysia’s largest state of Sarawak has been in the spotlight of Qatar investors during the June 12 launch of Inside Investor’s Inside Sarawak 2013 report, a business publication that gives... |
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| USD stable against dinar, West's recession persists |
| Source : Kuwait News Agency |
| Date : 2013-06-16 |
| Exchange rate of the US dollar was stable on Sunday at KD 0.283 while the euro dropped to KD 0.377, as compared to Thursday's rates, said the Central Bank of... |
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| KPC reshuffles boards of several subsidiaries |
| Source : Kuwait News Agency |
| Date : 2013-06-16 |
| The Kuwait Petroleum Corporation Board of Directors decided to reshuffle boards of several subsidiaries and to appoint two new deputies of managing directors for the parent company.... |
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| Saudi agribusiness market value to rise 6.3% annually |
| Source : Saudi Gazette |
| Date : 2013-06-16 |
| Saudi Arabia’s agribusiness market value stands at $ 2.2 billion in 2013, Business Monitor International said in its "Saudi Arabia Agribusiness Report Q3 2013''. The report forecast that the value... |
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| 'Governance unit' for UAE Islamic banks |
| Source : Emirates 24/7 |
| Date : 2013-06-16 |
| The UAE Central Bank is planning to create a 'governance unit' that will organise the activities of Shariah-compliant banks and Islamic units at commercial banks in the second largest Arab... |
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