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Kuwait bourse edges lower; volume tapers
Source : Arab Times  
Date : 2016-08-25
Kuwait stocks pulled back on Wednesday after edging higher in the last session. The bourse dropped 13.33 pts in lackluster trade to 5,435.53 pts as selling kicked in at select...
Saudi Arabia holds China market share lead on record oil output
Source : Times of Oman  
Date : 2016-08-25
Saudi Arabia kept its spot as China's biggest oil supplier for the first seven months this year after pumping record output in July, even as Russia threatens to overtake the...
Galfar wins OMR61m-Duqm fishing harbour contract
Source : Times of Oman  
Date : 2016-08-25
Galfar Engineering and Contracting Company on Thursday said that the company has bagged a major contract to build a major fishing harbour at Duqm....
Second Edition of Sharjah FDI Forum to be held in September
Source : Gulf Today  
Date : 2016-08-25
The second annual Sharjah FDI Forum will take place on September 28 and 29, 2016, under the slogan "Sharjah FDI: The Gateway to the Middle East, North Africa and South...
R Hotels inks fit-out deal for 'The Palm' property
Source : Gulf Today  
Date : 2016-08-25
R Hotels named Fourzone Middle East as its interior fit-out contractor for its new four-star resort and spa in Palm Jumeirah....
UAE developer announces launch of Dhs750m project
Source : Gulf Today  
Date : 2016-08-25
Azizi Developments, a leading UAE-based real estate developer with a global reach into many international markets, has announced the launch of its 178-unit Azizi Mina Hotel Apartments project located on...
Bottled water brand strengthens market position
Source : Gulf Today  
Date : 2016-08-25
In a bid to further strengthen its market position, Al Ain Water, the fastest growing bottled water brand in the region, has announced the expansion of its product portfolio with...
Etihad Airways, Sanad sign $265 million agreement
Source : Gulf Today  
Date : 2016-08-25
Sanad Aero Solutions GmbH (Sanad), a wholly-owned subsidiary of Mubadala Development Company, on Wednesday announced an expansion to its existing relationship with Etihad Airways, national carrier of the UAE....
ADGM signs deal with SEBI to enhance cooperation
Source : Gulf Today  
Date : 2016-08-25
The Financial Services Regulatory Authority (FSRA), of the Abu Dhabi Global Market (ADGM), on Wednesday signed a Memorandum of Understanding, MoU, with the Securities and Exchange Board of India (SEBI),...
Abu Dhabi places $1b to boost Egyptian forex
Source : Khaleej Times  
Date : 2016-08-25
Abu Dhabi has placed one billion US dollar to boost the foreign exchange reserves of Egypt to support an economy suffering from political instability....
Abu Dhabi develops district cooling framework
Source : Khaleej Times  
Date : 2016-08-25
The Regulation & Supervision Bureau has announced the development of a detailed regulatory framework for the district cooling sector in Abu Dhabi, which covers the technical, legal, and economic aspects;...
Qatar's retail market remains stable
Source : Saudi Gazette  
Date : 2016-08-25
Qatar's prime retail malls continue to enjoy relatively stable rentals and high occupancy rates, despite the ever increasing supply and the emergence of weaker consumer confidence, according to the H1...
Jarir draws up action plan for transition
Source : Arab News  
Date : 2016-08-25
Jarir Marketing Co. has announced the action plan for implementation of International Financial Reporting Standards (IFRS)....
Iran 'yet to decide on OPEC limits'
Source : Arab News  
Date : 2016-08-25
Iran has yet to take any decision on whether to set a ceiling on oil production or take part in a planned OPEC meeting in Algeria, an oil ministry source...
CMA fines 3 companies
Source : Arab News  
Date : 2016-08-25
Three listed companies, found to have violated the policies of the Capital Market Authority (CMA), have been penalized....
New Saudi carrier Sky Prime aims to set high standards
Source : Arab News  
Date : 2016-08-25
The General Authority of Civil Aviation (GACA) has granted a license to the Sky Prime airline to operate as a national charter for VIP movements....
Saudi Aramco could reduce stake in $5.5bn Indonesia refinery project
Source : tradearabia  
Date : 2016-08-25
Oil and gas giant Saudi Aramco may reduce its stake in a proposed $5.5 billion refinery project in Indonesia, the country's energy minister said....
Brexit not to dent Dubai competitiveness
Source : Khaleej Times  
Date : 2016-08-25
A vast majority of investment professionals in the UAE believe that Brexit will not impact Dubai's competitiveness as a global financial centre....
KSA reliable oil supplier
Source : Arab News  
Date : 2016-08-25
As part of a major initiative to bolster ties between the Kingdom and Japan, Deputy Crown Prince Mohammed bin Salman is visiting Japan where he will hold talks with Japanese...
SBWC explores strategic ventures in UK
Source : Gulf Today  
Date : 2016-08-25
Businesswomen from the UAE have received a valuable introduction to British-run institutions through a trade mission conducted by Sharjah Business Women Council (SBWC), an affiliate of NAMA Women Advancement Establishment...
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