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Abu Dhabi finance zone gears up to open with draft rules
Source : Arab News  
Date : 2015-07-01
Abu Dhabi’s new financial free zone, which aims to become a top banking center for the region, took a step toward opening for business by issuing draft laws covering fund...
Saudi Re outlook stays stable; ratings affirmed
Source : Saudi Gazette  
Date : 2015-07-01
Standard & Poor's Ratings Services affirmed its 'BBB+' long-term issuer financial strength and counterparty credit ratings on Saudi Re for Cooperative Reinsurance Co (Saudi Re). The outlook remains stable. At...
Oman Air recruits more Omani pilots
Source : Saudi Gazette  
Date : 2015-07-01
FOLLOWING the graduation in March of 10 Omani cadet pilots, Oman Air is now recruiting more candidates from within the Sultanate of Oman....
Emaar Residences at Fairmont Makkah awaits potential investors
Source : Saudi Gazette  
Date : 2015-07-01
EMAAR Middle East, a subsidiary of Emaar Properties PJSC, is celebrating blissful living in the unmatched setting of luxury serviced apartments in Emaar Residences at the Fairmont Makkah, in close...
SABB launches cash withdrawal service for Amex cardholders
Source : Saudi Gazette  
Date : 2015-07-01
The Saudi British Bank (SABB) launched a new service whereby American Express card holders can make cash withdrawals from SABB’s ATMs. The new service offers a great degree of convenience,...
KAEC opens new Customer Care Center
Source : Saudi Gazette  
Date : 2015-07-01
Providing a further boost to its long-term development plans, King Abdullah Economic City (KAEC) has recently announced the opening of its new Customer Care Center....
Ministry draws fire over BD2.65 million project
Source : Gulf Digital News  
Date : 2015-07-01
A government ministry has come under fire for pushing ahead with a BD2.65 million project to develop the labour market despite massive pressure on public spending....
Saudi Arabia maintains near-record crude production: Survey
Source : Arab News  
Date : 2015-07-01
OPEC oil supply in June has climbed to a three-year high due to record or near-record output from Iraq and Saudi Arabia, a Reuters survey found, underlining the focus of...
Decision to scrap panel defended
Source : Gulf Digital News  
Date : 2015-07-01
A decision to disband a consumer protection committee has been defended by a government minister....
Dubai plans world's first 3D printed office building 
Source : Arab News  
Date : 2015-07-01
Dubai said it would construct a small office building using a 3D printer for the first time, in a drive to develop technology that would cut costs and save time...
Property stocks buoy UAE, Qatar
Source : Arab News  
Date : 2015-07-01
Major Middle Eastern stock markets rose after bargain-hunters came in at the lows, encouraged by rebounds in overseas bourses and oil prices....
First gold, jewelry lab gets license
Source : Arab News  
Date : 2015-07-01
The Ministry of Commerce and Industry has issued license to the first laboratory for gold and jewelry in Saudi Arabia, according to the National Committee of Precious Metals and Stones...
Transport stocks surge 1.62%
Source : Arab News  
Date : 2015-07-01
The Saudi stock market bucked the two-day downward trend and turned green on Tuesday, adding 26.95 points or 0.3 percent for the entire session....
GU-Q workshops discuss Qatar's food security
Source : The Peninsula  
Date : 2015-07-01
Food distribution companies, supermarkets, hotels, restaurants, public officials, NGOs and consumers took part in two workshops at Georgetown University in Qatar (GU-Q)....
Iran economy entices, but big moments may be years away
Source : Gulf Times  
Date : 2015-07-01
As Iran and the six world powers are edging towards a nuclear deal, with both sides yesterday taking an extra week to reach a final accord, foreign investors are getting...
GCC to cut roaming rates from April
Source : The Peninsula  
Date : 2015-07-01
Making roaming calls from GCC countries will become cheaper by up to seven dirham per minute from April next year....
Muslims urged to cut power use
Source : Arab News  
Date : 2015-07-01
Muslims must cut traditionally high electricity use during Ramadan in line with the principles of austerity and self-control they are supposed to adopt in this month, economists say....
Asian imports of Iran oil in May hit highest level in 2015
Source : Gulf Times  
Date : 2015-07-01
Asian imports of Iranian crude rose to the highest level this year in May, although buyers may have to curb any further increases if negotiators up against a deadline fail...
Opec output hits three-year high in June on Saudi, Iraq
Source : Gulf Times  
Date : 2015-07-01
Opec oil supply in June has climbed to a three-year high due to record or near-record output from Iraq and Saudi Arabia, a Reuters survey found, underlining the focus of...
UAE tops in lighter tax burden
Source : Khaleej Times  
Date : 2015-07-01
The UAE ranked top in the world along with Malta and Monaco for lighter tax burdens placed on residents on both personal and corporate levels, according to a latest report....
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GCC pledges unity to wipe out Daesh
Rouhani underlines need to streamline non-oil exports, foreign investment
Show of unity: Joint prayers held in Kuwait and Bahrain
Saudi equity market cap exceeds SR2 trillion in first half
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Milaha acquires 100pc controls in two liquefied gas carriers
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US drone strike kills top Daesh leader
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