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National Bank of Fujairah H1 profit surges 30% to Dh183.5million
Source : Khaleej Times  
Date : 2014-07-22
National Bank of Fujairah, or NBF, on Monday said its net profit jumped more than 30 per cent to Dh239.5 million for the first half of the year compared to...
Al Futtaim Engineering wins Fewa deal
Source : Khaleej Times  
Date : 2014-07-22
Al Futtaim Engineering’s Facilities Management division has won a multi-million dirham contract from the Federal Electricity and Water Authority (Fewa) for annual maintenance of its HVAC units....
NBAD hires MD to expand services
Source : Khaleej Times  
Date : 2014-07-22
The National Bank of Abu Dhabi (NBAD) has appointed Marc Mollema as the managing director and global head of energy and resources as NBAD aims to expand its services to...
CBD hires GM for corporate banking
Source : Khaleej Times  
Date : 2014-07-22
Commercial Bank of Dubai (CBD) announced the appointment of Alain Renaud as its general manager for corporate, commercial and investment banking as a part of its expansion strategy....
Supreme Council of Energy tackles key topics
Source : Khaleej Times  
Date : 2014-07-22
The Dubai Supreme Council of Energy, or DSCE, held its 30th board meeting, chaired by Shaikh Ahmed bin Saeed Al Maktoum, Chairman of the DSCE, President of the Dubai Civil...
UAE to highlight coffee market in Ecuador
Source : Khaleej Times  
Date : 2014-07-22
The UAE’s coffee consumption market is set for remarkable growth and will be worth Dh409 million ($112 million) by 2017, according to a research by Euromonitor....
Consumer confidence in Dubai remains steady
Source : Khaleej Times  
Date : 2014-07-22
Consumer confidence remained steady in Dubai at 143 points in the second quarter, but job security continues to be the biggest concern followed by work/life balance, a quarterly survey conducted...
Mall of the World to put Dubai retail '20 years ahead'
Source : Khaleej Times  
Date : 2014-07-22
The mega-project that will include 100 hotels, wellness, cultural and theatre districts is the world's first temperature-controlled city capable of receiving 180 million visitors a year....
Abu Dhabi Int'l gears up for huge 30 million passenger rise by 2017
Source : Khaleej Times  
Date : 2014-07-22
Abu Dhabi International Airport has geared up for a huge spike in passenger numbers during the summer season, through a series of facility developments and service upgrades....
Ministry foils bid to sell contaminated fish
Source : The Peninsula  
Date : 2014-07-22
The Ministry of Environment has foiled bids to market contaminated fish that were bred in drainage water, thus diluting a serious threat to public health....
QTA begins Eid Festival promotion in GCC
Source : The Peninsula  
Date : 2014-07-22
As part of its annual 'Eid In Qatar' preparations, Qatar Tourism Authority (QTA) has launched a GCC-wide advertising campaign to promote events and activities in Qatar during Eid to attract...
PACI weaves record growth in Sultanate's artisan sector
Source : Oman Daily Observer  
Date : 2014-07-22
During the first decade of the establishment of the Public Authority for Craft Industries (PACI), the Omani artisan sector witnessed a record growth in various areas of craft work and...
IMF raises Saudi growth forecast to 4.6pc for 2014
Source : The Peninsula  
Date : 2014-07-22
Saudi Arabia's economy is likely to grow 4.6 percent this year, more than previously estimated, helped by a robust performance of the private sector, the International Monetary Fund said yesterday....
Milaha records QR518m net profit for first half
Source : The Peninsula  
Date : 2014-07-22
Qatar Navigation Company (Milaha) recorded a net profit of QR518m for the first half of 2014 (H1, 14), a 10 percent year-over-year drop, compared to QR574m posted a year ago....
MSM closes at 7,182.02 points
Source : Oman Daily Observer  
Date : 2014-07-22
Muscat Securities Market (MSM) general index yesterday lost 6.46 points, comprising a decline by 0.09 per cent to close at 7,182.02 points. The trading value yesterday stood at RO 6.59...
QPMC, N-KOM in deal for building floating jetty
Source : The Peninsula  
Date : 2014-07-22
Nakilat-Keppel Offshore & Marine (N-KOM) has bagged a contract worth QR69m (about $18.95m) to design and construct a floating jetty for Qatar Primary Materials Company (QPMC), said a press statement...
QIIB net profit grows by 10pc in H1
Source : The Peninsula  
Date : 2014-07-22
International Islamic's (QIIB) financial portfolio grew by 25.7 percent for the first half of 2014 (H1, 14) compared to the same period in 2013. The Bank’s net profit rose by...
GDI signs contract with Dolphin Energy
Source : The Peninsula  
Date : 2014-07-22
Gulf Drilling International Ltd. (GDI), a subsidiary of Gulf International Services (GIS), and Dolphin Energy Limited announced that they have signed a Letter of Award (LOA) covering the provision of...
Loan growth outpaces deposit growth in June: QNBFS
Source : The Peninsula  
Date : 2014-07-22
Loan growth has outpaced deposit growth in Qatar during the month of June 2014. After posting a growth of 0.4 percent month-on-month in May 2014, loans grew by 1.9 percent...
QCB real estate index touches record high
Source : The Peninsula  
Date : 2014-07-22
The Qatar Central Bank's (QCB) real estate price index hit a record high in June 2014, surging to 230.6 points, or 28.97 percent, up compared to a year ago....
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