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Saudia to raise SR10b in IPOs of three units
Source : Saudi Gazette  
Date : 2014-10-21
Saudi Arabian Airlines (Saudia) plans to raise at least SR10 billion ($ 2.7 billion) through the sale of shares in its ground-handling, cargo and maintenance units....
Support for top exporters led to 20% rise in Iran's non-oil exports: VP
Source : Tehran Times  
Date : 2014-10-21
Iran has witnessed a 20-percent rise in its non-oil exports since the country adopted a policy of supporting the leading exporters, according to Iranian First Vice President Es’haq Jahangiri....
Strategy to optimise water use by '15
Source : Oman Tribune  
Date : 2014-10-21
The formulation of a strategy to optimise the use of water in the GCC states will be complete by the end of 2015, GCC Secretary-General HE Abdul Latheef Al Ziyani...
Tourist visits to Iran soar, boosted by European travelers
Source : Tehran Times  
Date : 2014-10-21
The number of foreigners visiting Iran jumped dramatically over the 12-month period ending in March, with 35 percent more tourists compared to the same period a year earlier, Iran’s top...
Fahd meets team heads of GCC water forum
Source : Oman Tribune  
Date : 2014-10-21
HH Sayyid Fahd Bin Mahmoud Al Said, Deputy Prime Minister for the Council of Ministers, received on Monday heads of the delegation taking part in the 11th Gulf Water Conference....
GCC investment on 'right track'
Source : Gulf Daily News  
Date : 2014-10-21
GCC economies are perusing investments in the right direction, addressing infrastructure needs and investing in sectors that will create more opportunities in the long run, says a report....
The United Arab Emirates (UAE): Issues for US Policy
Source : Congressional Research Service-CRS  
Date : 2014-10-21
The UAE has been a significant U.S. partner in Gulf security for more than two decades, and the alliance is extending to the U.S.-led effort against the Islamic State organization....
Need for more self-employed entrepreneurs in the Sultanate
Source : Oman Daily Observer  
Date : 2014-10-21
While the number of Small and Medium sized Enterprises (SMEs) in the Sultanate is on the increase, there are still not enough individuals with entrepreneurial spirit going into business for...
Capital markets and global oil price fallout
Source : Oman Daily Observer  
Date : 2014-10-21
The change in investors' sentiment and decisions means a lot for analysts and observers; it means a shift in investors' appetite and unwillingness to face any possible financial or operational...
Sacred goals
Source : Oman Tribune  
Date : 2014-10-21
A number of crucial subjects were discussed at the meeting of the Council of Ministers in Muscat on Sunday. At the same time a number of significant decisions on many...
Saudi oil exports fall to lowest in 3 years
Source : Saudi Gazette  
Date : 2014-10-21
Saudi crude exports fell in August for the fourth month in a row to their lowest levels in three years, official data showed on Monday....
Oman's banks get extension to comply with funding of SMEs
Source : Times of Oman  
Date : 2014-10-21
Oman's commercial banks have been given a one-year extension to comply with a stipulation to provide a minimum of 5 per cent of their total commercial loan to small and...
ISIL attacks affect energy projects N. Iraq: Turkey
Source : Kuwait News Agency  
Date : 2014-10-21
Turkey said Monday the Islamic State in Iraq and Levant's (ISIL) attacks in northern Iraq have affected energy projects around Kirkuk and Mosul, but Iraq still exporting oil to Turkey....
Standard Chartered to exit SME business in UAE next month
Source : Khaleej Times  
Date : 2014-10-21
The London-listed bank has notified thousands of UAE small and medium enterprise customers that it is closing their accounts as it responds to pressure from US regulators to cut its...
Qatar infrastructure spending creates opportunities for international firms
Source : Gulf Times  
Date : 2014-10-21
In spite of growing storm clouds over the global economy, Qatar is set to push through the billions of dollars' worth of infrastructure investment in the coming years, according to...
SR47.19m rail deal to ensure line safety
Source : Arab News  
Date : 2014-10-21
The Saudi Railways Organization (SRO) has signed a SR47.19 million contract with a national company with the aim to control traffic on both sides of the railway line through a...
flynas official aviation carrier for disability & rehabilitation forum
Source : Saudi Gazette  
Date : 2014-10-21
flynas receives a recognition from Prince Salman Bin Abdul Aziz Al Saud, Crown Prince of Saudi Arabia...
DAMAC opens 2nd luxury serviced hotel in Burj Area
Source : Saudi Gazette  
Date : 2014-10-21
LEADING real estate developer DAMAC Properties has opened a 211 deluxe hotel suites tower in the Burj Area of Dubai....
Etihad Cargo, Avianca join forces to expand services
Source : Saudi Gazette  
Date : 2014-10-21
ETIHAD Cargo, the freighter division of Etihad Airways based in Abu Dhabi, will partner with Avianca Cargo, the cargo division of leading Latin American carrier Avianca, based in Colombia, through...
DIP fuels UAE industrial boom, pulls 3,500 firms
Source : Saudi Gazette  
Date : 2014-10-21
Dubai Investments Park (DIP), the largest integrated commercial, industrial & residential community in the Middle East and wholly-owned by Dubai Investments PJSC (DI), has continued to play a pivotal role...
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