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Saudia transports over 21 million passengers in 9 months
Source : Saudi Gazette  
Date : 2014-10-17
Saudi Arabian Airlines transported a total of 21,116,905 passengers during the first nine months of 2014....
SCTA urged to preserve Hail's historic district from illegals
Source : Arab News  
Date : 2014-10-17
Several citizens of Hail's Al-Olaya district have called for urgent steps to preserve the historic neighborhood from destruction. They have asked for the intervention of the Saudi Commission for Tourism...
Saudi stocks tumble by 3.6% ahead of SR22.5bn share sale
Source : Arab News  
Date : 2014-10-17
Saudi share prices tumbled on Thursday to finish off a difficult week marked by volatile oil prices and world stock markets falling on fears of a weaker economy and global...
Etisalat and Microsoft sign global framework agreement
Source : Khaleej Times  
Date : 2014-10-17
Microsoft and etisalat have signed a global framework agreement to enable the telco’s operations across 15 countries to leverage the power of the Microsoft platform; enhancing productivity and driving operational...
Saudi Aramco trades first fuel oil derivative on Platts
Source : Arab News  
Date : 2014-10-17
Saudi Aramco traded its first fuel oil derivative on Platts on Thursday and is expected to become more active in its paper trading activities, sources said....
Dubai Duty Free regains its No.1 position in the world
Source : Khaleej Times  
Date : 2014-10-17
Sales analysis by Generation Research, the industry’s independent researchers, highlight that Dubai Duty Free has regained its position as the largest single airport retail operation in the world, based on...
Alba-Bapco back Invest in Bahrain
Source : Gulf Daily News  
Date : 2014-10-17
Alba has announced it provided sponsorship support for the Invest in Bahrain 2014 Forum....
Bahrain firms sign key deals at Gitex
Source : Gulf Daily News  
Date : 2014-10-17
New products and technology services will be entering the Bahrain market following the signing of several memoranda of understanding at Gitex Technology Week in Dubai that concluded yesterday....
QCB absorbs QR16bn liquidity through T-Bond
Source : The Peninsula  
Date : 2014-10-17
The Qatar Central Bank's (QCB) active liquidity management initiatives have helped absorb QR16bn liquidity from the country’s financial system last year, through the issuance of T-bonds....
Viewpoint
Source : Gulf Times  
Date : 2014-10-17
Markets have fallen sharply across the world with a range of anxieties looming large: US economic slowdown, Ebola, German industrial woes, geopolitical tension, the eurozone crisis and fears that a...
KOC's projects in 5-year plan worth KD 12bln: Official
Source : Kuwait News Agency  
Date : 2014-10-17
Kuwait Oil Company's (KOC) projects in its 5-year plan worth KD 12 billion, the company's Chief Executive Officer Hashem Hashem said on Thursday....
Qatar, UAE, Saudi to help Mideast aviation fly high: IATA
Source : Gulf Times  
Date : 2014-10-17
Qatar, UAE and Saudi Arabia will be the key drivers of Middle East’s air passenger market, which IATA said will grow strongly by an average 4.9% and see extra 237mn...
Haj accommodation providers lose SR3bn 
Source : Arab News  
Date : 2014-10-17
Businesspeople owning property in Makkah and Madinah catering to Haj pilgrims claim they lost SR3 billion this year because of a glut of accommodation in the two cities....
Oversupply, politics to be blamed for Kuwait oil price drop - expert
Source : Kuwait News Agency  
Date : 2014-10-17
Oil prices have been dipping at international markets for three months due to a set of factors, primarily oversupply, faltering economic growth and the appreciation of the US dollar....
Ahlibank 9-month profit up 11% to hit QR458mn
Source : Gulf Times  
Date : 2014-10-17
Ahlibank Qatar has reported an 11% expansion in net profit to QR458.1mn in the first nine months of this year, mainly powered by robust corporate lending....
Kuwait instrumental in eradicating poverty worldwide
Source : Kuwait News Agency  
Date : 2014-10-17
As the world marks tomorrow The United Nations International Day for the Eradication of Poverty, Kuwait can easily boast of huge efforts it has been exerting for years to mitigate...
Gulf projects to hit $ 180bn this year despite crude fall
Source : Gulf Times  
Date : 2014-10-17
About $ 180bn of contracts for new construction projects will be awarded in wealthy Gulf states this year, the largest amount for six years, despite falling oil prices, according to...
Qatar-German trade crosses €2bn
Source : Gulf Times  
Date : 2014-10-17
The volume of trade between Qatar and Germany is estimated at over €2bn, reflecting continued growth, HE the Minister of Economy and Commerce Sheikh Ahmed bin Jassim bin Mohamed al-Thani...
UAE most integrated into global economy
Source : Khaleej Times  
Date : 2014-10-17
The UAE, in particular, has a clear strategy at the federal level as well as at the level of the local governments, thanks to the initiatives of the Cabinet....
Usury edict casts shadow over top Saudi bank's IPO
Source : Arab News  
Date : 2014-10-17
The Permanent Committee Tasked with Issuing Fatwas has officially prohibited Muslims from buying shares in any financial institutions dealing in usury, which includes Sunday's initial public offering (IPO) planned by...
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