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Kuwait awards $11.5bn deals for new refinery 
Source : Arab News  
Date : 2015-07-29
Kuwait National Petroleum Co. said it awarded four contracts worth $11.5 billion (10.5 billion euros) to international consortia to build a 615,000 barrel per day refinery....
QCB real estate price index hits record high
Source : The Peninsula  
Date : 2015-07-29
After softening a bit in April 2015, Qatar's real estate price value rebounded 23.5 percent in June 2015, from a year ago period....
UAE consumer confidence at highest level in MEA
Source : Khaleej Times  
Date : 2015-07-29
In the UAE, sentiment for the three economic indicators decreased, as future job prospects declined four percentage points to 62 per cent....
Saudi Arabia's nonoil exports reach SR15.2 billion in May
Source : Arab News  
Date : 2015-07-29
The Kingdom's external trade saw a moderation in nonoil export activity in May, recording the second largest slump since February, slowing by 16.7 percent Y/Y. Total nonoil exports were valued...
People can't prosper if their government is impoverished
Source : Khaleej Times  
Date : 2015-07-29
Of course, the UAE is a vibrant economy with strong public finances. But petrol subsidy was beginning to put a strain....
GCC issues $48.13bn sukuks, bonds
Source : The Peninsula  
Date : 2015-07-29
The aggregate primary issuance of bonds and sukuk by GCC entities, including cCentral Banks, totalled $48.13bn in the first half of 2015 (H1, 2015), a 15.19 percent decrease from the...
Dubai Municipality bags prestigious environment award
Source : Khaleej Times  
Date : 2015-07-28
The Dubai Municipality (DM) has won one of the world's most respected environmental awards, the National Energy Globe Award United Arab Emirates 2015. The award is given in recognition of...
Saudi women travel with friends abroad without mahram
Source : Arab News  
Date : 2015-07-28
Several Saudi businesswomen started traveling with a group of friends after recent regulations which allow women to travel without their mahram....
Greece's debt crisis took toll on oil prices in June - NBK
Source : Kuwait News Agency  
Date : 2015-07-28
International oil prices retreated in June as OPEC continues to ramp up production, putting pressure on prices, according to a report issued by the National Bank of Kuwait on Monday....
Investors, markets await results of US Federal Reserve meeting
Source : Kuwait News Agency  
Date : 2015-07-28
Investors and markets around the globe are eagerly awaiting the results of the US Federal Reserve meeting tomorrow with expectations that the interest rates for the US dollar would increase....
Gulf Insurance Group net profit up 23.4 pct
Source : Arab Times  
Date : 2015-07-28
Gulf Insurance Group (gig) announced a net profit of KD 7.5 million (US$ 24.8 million) for the first six months of 2015, compared to KD 6.1 million (US$ 20.1 million)...
Kuwait bourse heads south; volume surges
Source : Arab Times  
Date : 2015-07-28
Kuwait stocks headed south on Monday, extending the gains to fourth straight session. The key measure, after a tame start, dropped 22.14 pts to 6,259.7 points as sentiment remained soggy...
Bank Muscat wins investment bank award
Source : Oman Tribune  
Date : 2015-07-28
Bank Muscat has won the 'Best Investment Bank in Oman' award by Global Finance.Global Finance editors, with input from industry experts, used a series of criteria, including market share, number...
Tehran, Athens to establish joint chamber of commerce
Source : Tehran Times  
Date : 2015-07-28
Iran and Greece will establish their joint chamber of commerce by the next three months, Majid Movafeq-Qadiri, the secretary general of the Iran-Greece Joint Business Council, said....
Turkmenistan seeks to bolster energy, transport ties with Iran
Source : Tehran Times  
Date : 2015-07-28
Turkmen Foreign Affairs Minister Rashid Meredov says his country seeks to expand and enhance energy and transport ties with Iran....
Qatar bourse fails to break 12,000 resistance level
Source : Gulf Times  
Date : 2015-07-28
Five of the seven sectors witnessed profit-booking and losers outnumbered gainers, but the Qatar Stock Exchange settled in the positive trajectory on Monday, failing to break the 12,000 resistance level....
Iraq south oil exports at record amid battle for market share
Source : Gulf Times  
Date : 2015-07-28
Iraq's oil exports from the south climbed to a record this month at the same time the self-ruled Kurds in the north are shipping crude independently, adding to a global...
Diamond jewellery sales 'not affected' by gold rush
Source : Gulf Times  
Date : 2015-07-28
Diamond jewellery sales in Qatar have not been affected by the recent drop in the prices of gold and a subsequent rush for buying gold jewellery, Gulf Times has learnt....
Qatar Chamber, QDB team up to support private sector
Source : Gulf Times  
Date : 2015-07-28
Qatar Chamber (QC) has signed a memorandum of understanding (MoU) with Qatar Development Bank (QDB) to collaborate in supporting private sector and exchanging expertise....
UNB net profit up by 15pc to Dh1,186m in H1
Source : The Peninsula  
Date : 2015-07-28
Union National Bank (UNB), one of the leading banks based in the United Arab Emirates, recorded a strong increase in profit of Dh1,186m for the first half of 2015 (H1-...
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