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Tadawul down: Gulf stocks fall
Source : Arab News  
Date : 2016-07-22
Most Gulf stock markets fell on Thursday amid soft oil prices and mixed corporate earnings, while Egypt was hit once again by concern about instability in the country's currency....
UK, GCC to boost ties post Brexit
Source : Islamic Republic News Agency  
Date : 2016-07-22
The second Gulf-British Forum on Thursday underscored the need to further boost trade relations between the United Kingdom and the Gulf Cooperation Council (GCC) states....
Saudi Arabia regains top spot in China crude supply
Source : Arab News  
Date : 2016-07-22
Saudi Arabia, the world's biggest oil exporter, regained its position as China's top crude supplier in June, after losing out to Russia over the previous three months, customs data showed...
Iranian minister discuss promotion of ties with Kenyan counterpart
Source : Islamic Republic News Agency  
Date : 2016-07-22
Tayyebian and Rotich conferred ways of expansion of relations in a meeting held on Thursday on the sidelines of the 14th session of the United Nations Conference on Trade and...
Brazil's exports to Qatar touch QR447.14m in H1
Source : The Peninsula  
Date : 2016-07-22
The value of Brazil's exports to Qatar for the first six months of this year (H1, 2016) touched QR447.14m ($122.15m), accounting for 2.33 percent of the country's total exports of...
UAE non-oil growth seen over 4%
Source : Khaleej Times  
Date : 2016-07-22
The International Monetary Fund (IMF) predicts the UAE's non-hydrocarbon growth to increase more than four per cent on improvement in economic sentiment and financial conditions for the medium term....
Bahrain's foreign ownership move to boost property sector
Source : tradearabia  
Date : 2016-07-21
The recent decision by the Bahraini government to allow foreigner investors 100 per cent ownership in various sectors of the market is likely to have a positive long term impact...
Tehran Chamber backs new oil contract model
Source : tradearabia  
Date : 2016-07-21
The Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) will extend its support to the newly-developed oil contracts model in a series of meetings, a report said....
UAE non-oil growth to hit 4pc medium term
Source : tradearabia  
Date : 2016-07-21
Non-hydrocarbon growth in the UAE is expected to increase by more than 4 percent over the medium term as the dampening effect of fiscal consolidation is offset by improvements in...
Oman trade team starts meeting in Singapore
Source : Times of Oman  
Date : 2016-07-21
A top-level Omani business delegation led by Ithraa, the Sultanate’s inward investment and export promotion agency, started trade and investment meetings this week in Singapore....
High-level CNPC ME team calls on Dewa chief
Source : Gulf Today  
Date : 2016-07-21
Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (Dewa) received a high-level delegation from China National Petroleum Corporation (CNPC) - Middle East, in his office....
ADM to spend Dhs94m on park renovation
Source : Gulf Today  
Date : 2016-07-21
The Department of Municipal Affairs and Transport (DMAT) at Abu Dhabi City Municipality (ADM) will start renovation of Sheikha Fatima Park (formerly Khalidiya Ladies Park), at a cost of Dhs94...
Emirates to add second daily A380 to Milan
Source : Gulf Today  
Date : 2016-07-21
Emirates Airline on Wednesday unveiled plans to increase capacity on the Dubai-Milan route with the deployment of a second daily A380....
Dubai prime homes see modest price growth in Q2
Source : Khaleej Times  
Date : 2016-07-21
Despite the global turmoil caused by Brexit and other geo-political events, Dubai's prime residential market remained stable in the second quarter of the year, reflected by a modest 0.03 per...
Jump in business licences shows strong Dubai growth
Source : Khaleej Times  
Date : 2016-07-21
The Department of Economic Development (DED) in Dubai reported a significant increase in the number of transactions related to business licences as well as the number of licences issued during...
Industrial demand shifts base to Dubai South
Source : Khaleej Times  
Date : 2016-07-21
Demand in Dubai's industrial market remained buoyant in the first six months of 2016, with occupiers moving and expanding their operations in greater numbers towards Dubai South, pre-empting the expansion...
NBF H1 operating profit jumps 10.1%
Source : Khaleej Times  
Date : 2016-07-21
National Bank of Fujairah's (NBF) half year operating profit for 2016 grew 10.1 per cent, reflecting the strength of the bank's core business....
Kingdom and S. Africa lead power generation construction in MEA
Source : Saudi Gazette  
Date : 2016-07-21
According to the new report from Timetric's Construction Intelligence Center (CIC), the total value of the power generation construction projects pipeline in the Middle East and Africa stands at $876.6...
Yansab's profit rises to SR689m in 2nd quarter
Source : Arab News  
Date : 2016-07-21
Saudi Arabia's Yanbu National Petrochemical Co. (Yansab) beat analysts' forecasts on Wednesday as its second-quarter net profit trebled due to higher production and sales....
SEC's net profit falls 27.7 percent
Source : Arab News  
Date : 2016-07-21
Saudi Electricity Co. (SEC), the Gulf's largest utility firm, reported a 27.7 percent drop in second-quarter net profit on Wednesday....
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