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Saudi projects worth $250bn in the pipeline
Source : Arab News  
Date : 2017-06-19
Saudi Arabia has the biggest slice of unawarded projects worth $250 billion across the entire Gulf Cooperation Council (GCC), according to a report released by MEED....
Private wealth in Sultanate set to grow 6%
Source : Oman Tribune  
Date : 2017-06-19
Private wealth in the Sultanate is expected grow at 6.1 per cent to reach approximately $300 billion in the next five years, according to a report by The Boston Consulting...
Qatar riyal quoted below dollar peg
Source : Oman Tribune  
Date : 2017-06-19
Qatar's riyal is being quoted weaker than its peg against the US dollar, but that is the result of poor liquidity in the currency market rather than a serious threat...
UAE rules out Opec extraordinary meet
Source : Oman Tribune  
Date : 2017-06-19
The UAE energy minister said he saw no need for an extraordinary meeting of the Organisation of the Petroleum Exporting Countries (Opec) ahead of regular talks in November....
Kuwait Finance House 'rolls out' four innovative banking services
Source : Arab Times  
Date : 2017-06-19
Kuwait Finance House (KFH) unveiled the launch of a range of innovative e-services in the fields of bank accounts and call center in efforts to give customers a stellar banking...
Alghanim Industries holds Diversity Awareness Session
Source : Arab Times  
Date : 2017-06-19
Alghanim Industries, one of the largest private companies in the region, organized a Diversity Awareness Session for its Finance Management Team on May 22, 2017 held at the Radisson Blu...
Qatar stock index drops 69.81 points
Source : The Peninsula  
Date : 2017-06-19
Stock Exchange (QSE) benchmark index dropped 69.81 points, or 0.75 percent, when the bourse closed trading at 9,188.09 points yesterday....
Qatar won't cut gas to UAE
Source : The Peninsula  
Date : 2017-06-19
Qatar will not cut off gas to the United Arab Emirates despite a diplomatic dispute and a "force majeure" clause in its contract, the chief executive of Qatar Petroleum told...
QIB unveils fast track programmes for Qataris
Source : The Peninsula  
Date : 2017-06-19
Qatar Islamic Bank (QIB) has launched two fast track career development programmes for Qatari fresh graduates....
Saudi oil exports seen falling below 7mn bpd in summer
Source : Gulf Times  
Date : 2017-06-19
Saudi Arabia's crude exports are expected to fall below 7mn bpd this summer, according to industry sources familiar with the matter, and shipping data so far supports those figures....
High-speed Saudi rail on track for year-end launch
Source : TradeArabia  
Date : 2017-06-19
The Haramain Express Train, which will connect the Saudi cities of Makkah and Madinah via Jeddah's airport and King Abdullah Economic City in Rabigh, has been tested successfully and the...
UAE ranks high in Global Innovation Index 2017
Source : TradeArabia  
Date : 2017-06-19
The UAE has improved its standing in the 2017 Global Innovation Index, topping all Arab countries and ranking 35th globally to cement its status as one of the world's most...
More companies prequalified for Iran oil projects
Source : Tehran Times  
Date : 2017-06-19
The National Iranian Oil Company has added five more international oil companies in its list of prequalified companies for Iran's oil and gas upstream projects, just days before the June...
German companies ink co-op MOU on building solar farms in Iran
Source : Tehran Times  
Date : 2017-06-19
A group of German investors signed a memorandum of understanding for cooperation on the construction of solar farms in North Khorasan Province in northeast of Iran, the official website of...
Iran's annual GDP growth at 12.5%
Source : Tehran Times  
Date : 2017-06-19
Iran's growth of gross domestic product (GDP), including oil sector, hit 12.5 percent in the previous Iranian calendar year 1395 (ended on March 20, 2017), the Central Bank of Iran...
'Taxing GCC money transfers could create black market'
Source : Arab News  
Date : 2017-06-17
Imposing fees on money transfers among Gulf Cooperation Council (GCC) member states could create a black market for money transfers, Nader Mohammad, a World Bank official for the Middle East...
GESALO celebrates German-Saudi business Iftar
Source : Saudi Gazette  
Date : 2017-06-17
The holy month of Ramadan is the most important time of the year for Muslims around the world. The German-Saudi Arabian Liaison Office for Economic Affairs (GESALO) with its almost...
Dubai date trade hits Dh814.3M in 2016
Source : Khaleej Times  
Date : 2017-06-17
Dubai's total date trade in 2016 amounted to $221.7 million (Dh814.3 million), with Morocco and Oman being listed as the largest importers of Dubai dates during the period, an analysis...
Aster DM unveils global volunteers programme
Source : Khaleej Times  
Date : 2017-06-17
Aster DM Healthcare announced the launch of the 'Aster Volunteers' programme as part of the milestone 'Aster @30' campaign marking their 30th anniversary....
Pure Gold launches Ramadan pendants
Source : Khaleej Times  
Date : 2017-06-17
Capturing the essence of the holy month of Ramadan, Pure Gold Jewellers has launched special edition diamond pendants with the word "Allah" inscribed in Arabic calligraphy. The most affordable pendant...
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