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| Kuwaiti envoy, Vietnamese official discuss agricultural cooperation |
| Source : Kuwait News Agency |
| Date : 2010-02-09 |
| Kuwait's Consul General in Vietnam's Ho Chi Minh City Najib Abdulrahman Al-Bader on Tuesday discussed prospects of cooperation in the fields of agriculture and fisheries with director of agriculture department... |
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| Credit Markets: Worries about global economy weigh on markets |
| Source : The Wall Street Journal |
| Date : 2010-02-09 |
| Without much economic data to provide direction, concerns about the strength of the global economy weighed on many capital markets Monday.... |
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| Oil, Copper, Sugar are top commodity picks, Morgan Stanley says |
| Source : BusinessWeek Online |
| Date : 2010-02-09 |
| Copper, crude oil and sugar are the top picks among commodities, with the three set to gain on increasing emerging-market demand and supply constraints as the global economy recovers, according... |
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| China's wealth fund has $9.6bn in US stocks |
| Source : Agence France-Presse |
| Date : 2010-02-09 |
| China’s sovereign wealth fund said it held shares worth a total of $9.6bn in dozens of US-listed companies at the end of 2009, according to a filing with the US... |
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| Islamic finance may return to roots post-crisis |
| Source : Reuters |
| Date : 2010-02-09 |
| The global financial crisis has intensified a push for Islamic finance to “return to its roots” and move further away from conventional banking, but some warn that more originality could... |
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| Asian airlines soar with budget travel |
| Source : Agence France-Presse |
| Date : 2010-02-09 |
| The boom in low-cost travel and a growing web of open-skies agreements are expected to power long-term growth for Asian airlines after the global recession, industry bosses and analysts said.... |
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| Russian 2009 trade surplus down 33 percent |
| Source : Agence France-Presse |
| Date : 2010-02-09 |
| Russia’s trade surplus tumbled 33 percent in 2009 as prices paid for its raw materials exports, especially oil and gas, slumped badly in the global downturn, customs figures showed on... |
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| S.Africa business confidence falls, economy a concern |
| Source : Reuters |
| Date : 2010-02-09 |
| South Africa’s business confidence index (BCI) declined in January, an industry survey showed on Monday, dragged by lower import and export volumes as the local economy lags a global recovery... |
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| Asia stocks down amid recovery fears |
| Source : Associated Press |
| Date : 2010-02-09 |
| Asian stock markets mostly extended their slide Monday amid worries over risks from debt troubles in Europe and after Wall Street notched its fourth straight weekly drop. European markets were... |
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| Strong buying props up Qatar Exchange |
| Source : The Peninsula |
| Date : 2010-02-09 |
| Strong net buying from foreign as well as local institutional investors and non-Qatari retail investors pushed the Qatari stocks up yesterday.... |
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| Al Yusr opens Rayyan branch |
| Source : The Peninsula |
| Date : 2010-02-09 |
| Al Yusr Islamic Banking Service of the International Bank of Qatar (IBQ) has expanded its network with the opening of a new dedicated retail branch in the Al Rayyan.... |
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| Al Khaleej refinery plans to expand storage capacity |
| Source : Khaleej Times |
| Date : 2010-02-09 |
| Dubai’s Al Khaleej sugar refinery, the world’s largest, plans to expand its raw sugar storage capacity to 1.5 million tonnes from 1 million by the end of this year, its... |
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| Islamic finance may return to roots post-crisis |
| Source : The Peninsula |
| Date : 2010-02-09 |
| The global financial crisis has intensified a push for Islamic finance to “return to its roots” and move further away from conventional banking, but some warn that more originality could... |
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| Dubai offered an alternative vision of the future |
| Source : The Peninsula |
| Date : 2010-02-09 |
| In Dubai, last year’s annus horribilis which combined recession, debt and a bailout by Abu Dhabi, is provoking some serious soul-searching.... |
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| World sugar supply to surpass 3pc rise in demand |
| Source : Khaleej Times |
| Date : 2010-02-09 |
| World sugar consumption may expand by up to three per cent annually, while supply would pick up to post a surplus in the next fiscal year, industry experts and analysts... |
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| Shuaa eyes fee income boost |
| Source : The Peninsula |
| Date : 2010-02-09 |
| UAE’s Shuaa Capital aims to triple its fee income in the next three years, as the investment bank focuses on its domestic market and Saudi Arabia, which it hopes will... |
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| QIB posts QR1.32bn net profit |
| Source : The Peninsula |
| Date : 2010-02-09 |
| Qatar Islamic Bank (QIB) has reported QR1.32bn in net profits for 2009 and will recommend 60 percent cash dividend for the shareholders.... |
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| Saudi concludes deals for term gas oil supply |
| Source : The Peninsula |
| Date : 2010-02-09 |
| Saudi Aramco has concluded supply deals to purchase up to 7.14 million barrels of gas oil for delivery in 2010 from private trading firms and international oil companies, industry sources... |
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| Kuwait cuts repo rate to help fund development |
| Source : The Peninsula |
| Date : 2010-02-09 |
| Kuwait’s central bank followed Sunday’s cut in its benchmark discount rate by reducing two of its repurchase rates by 25 basis points yesterday, and analysts said the move was aimed... |
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| Saudi Arabia, Qatar keen on bolstering economic relations |
| Source : Kuwait News Agency |
| Date : 2010-02-09 |
| The Saudi-Qatari Economic Forum affirmed here Monday that both nations were keen on developing ties within the economic sphere as a step reflecting solidarity amongst GCC states.... |
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