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Aldar sees Al Ain as key growth market
Source : Gulf Today  
Date : 2016-07-26
Aldar Properties, Abu Dhabi's leading listed property development, investment and management company, views Al Ain as a key expansion market for its retail portfolio, driven by its significant local population...
The last chance for telecom Saudization
Source : Saudi Gazette  
Date : 2016-07-26
Is it possible that the drive to Saudize telecommunication shops has failed? I will not rush things, but I observe signs of grumbling and complaints about services provided at such...
Keeping our fingers crossed
Source : Arab News  
Date : 2016-07-26
When the 2016 budget was announced, we were optimistic that it will be the beginning of a realistic financial concept. The budget was announced amid general circumstances at home and...
Saudi Cement posts SR249m net profit
Source : Arab News  
Date : 2016-07-26
Saudi Cement met analysts' estimates as it reported a 2 percent decline in second-quarter net profit on Monday due to a drop in sales and rising power costs....
Sukuk issuance in key markets up 11% in H1
Source : Arab News  
Date : 2016-07-26
Sukuk issuance from key markets in H1, 2016 rose 11 percent compared to a year earlier, according to Fitch Ratings' analysis, underlining our expectation for gradually increasing issuance over the...
Banking stocks drag Tadawul index down
Source : Arab News  
Date : 2016-07-26
Gulf stock markets diverged on Monday, with the two main bourses in the United Arab Emirates recovering from losses in the previous session, while banks weighed on Saudi Arabia's index....
Iran insists that Boeing, Airbus deals will go ahead
Source : Tehran Times  
Date : 2016-07-26
The Iran Civil Aviation Organization (ICAO) has insisted that recently announced deals with the world’s two big aircraft manufacturers, Boeing and Airbus, can still go ahead, despite strong opposition to...
Strategic investments 'key for oil sector growth'
Source : tradearabia  
Date : 2016-07-26
Making strategic long-term investments, and pooling knowledge and resources from within the oil and gas industry is central to energy sector progress, said senior officials and world representatives at a...
First Mena standardisation conference held
Source : Gulf Today  
Date : 2016-07-26
du, the region's first full member operator of the Global Certification Forum (GCF), welcomed regional and global telcos to the first Mena standardisation conference in association with GCF....
Dubai's future looks bright, with or without oil
Source : Khaleej Times  
Date : 2016-07-26
Welcome to the UAE, a country amidst an oil-rich region, with minimum reliance on oil export revenues, a futuristic infrastructure and a solid economic outlook....
Three water projects in Oman to start operation in three years
Source : Times of Oman  
Date : 2016-07-26
Three major water desalination plants, which are under different stages of construction and have a combined water generation capacity of 731,000 cubic metres per day (equivalent to 161 million imperial...
Foreign investment in North Azadegan conditioned on preserving national interests
Source : Tehran Times  
Date : 2016-07-26
Foreign investment in development of North Azadegan oilfield is conditioned on preserving the national interests of Iran, Keramat Behbahani, the operator of project for developing the oilfield, told the Tehran...
Etihad, partners to pump $10.7bn into US economy
Source : tradearabia  
Date : 2016-07-26
Etihad Aviation Group (EAG) and its equity partner airlines will support 108,000 jobs across the US in 2016 and make a $10.7 billion contribution to the national economy this year,...
Qatar to grow 3.9% on buoyant non-oil
Source : The Peninsula  
Date : 2016-07-26
High public investment will continue to underpin Qatari economic growth specially in the non-hydrocarbon sector....
SABIC studying petchems JV with Exxon Mobil affiliate
Source : Saudi Gazette  
Date : 2016-07-26
Saudi Basic Industries Corp (SABIC), one of the world’s largest petrochemicals groups, said on Monday it is studying launching a jointly-owned petrochemicals complex with an affiliate of US Exxon Mobil....
Saudi food consumption to grow by 7.3pc
Source : tradearabia  
Date : 2016-07-25
Food consumption in Saudi Arabia will grow by 7.3 per cent in 2016, outperforming other regional markets, according to recent industry reports....
Iran's exports up 62% in 3 months
Source : Islamic Republic News Agency  
Date : 2016-07-25
Managing Director of Iran Road Maintenance & Transportation Organization for Information Technology and Communications Office Faramarz Maddah said that 1,643,000 tons of products were exported from land borders while 471,000...
Armenian investors ready to boost presence in Iran
Source : Tehran Times  
Date : 2016-07-25
Armenian ambassador to Tehran Artashes Tumanyan has said that his country is ready to boost investment in Iran....
South Pars daily output to rise to 540mcm by Mar. 2017
Source : Tehran Times  
Date : 2016-07-25
"Having six more platforms online in South Pars gas field by the end of the current Iranian calendar year (March 20, 2017), the daily output of the field will reach...
Gulf bourses retreat as oil's fall outweighs 2nd quarter earnings
Source : Gulf Times  
Date : 2016-07-25
Gulf stock markets declined yesterday as sharp falls in oil prices late last week outweighed a few positive corporate earnings in Saudi Arabia....
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