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| Saudi banks' assets gain SR38bn in Q1 |
| Source : Emirates 24/7 |
| Date : 2013-05-25 |
| The combined assets of Saudi Arabia's banks swelled by nearly SR38 billion (Dh37.7 billion) in the first quarter of 2013 to maintain their position as having the second largest financial... |
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| Emirates increases Dubai-Colombo flights |
| Source : Emirates 24/7 |
| Date : 2013-05-25 |
| Emirates will increase services to Colombo from June 30.... |
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| Arabtec JV wins Saudi hospital contract |
| Source : Emirates 24/7 |
| Date : 2013-05-25 |
| Arabtec Holding PJSC announced on Saturday that its joint venture between Arabtec Saudi Arabia LLC and Greece’s Terna S.A. has been awarded a SR404 million contract by Aldara Medical Corporation... |
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| DTC signs contract to rent ad space on 3,500 vehicles |
| Source : Emirates 24/7 |
| Date : 2013-05-25 |
| Dubai Taxi Corporation (DTC) has signed a contract with Mobil’ Affiche Company to invest in and rent the advertising spaces on 3,500 vehicles for three renewable years starting April 2013... |
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| Kuwait''s development role part of WEF discussions - Minister Shimali |
| Source : Kuwait News Agency |
| Date : 2013-05-25 |
| Kuwait's development work on the regional and global arenas will be one of the discussion items of the World Economic Forum (WEF), said... |
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| Etisalat makes top bid for Maroc Tel |
| Source : Arab News |
| Date : 2013-05-25 |
| Gulf telecom operator Etisalat has offered a higher price for Vivendi’s Maroc Telecom stake than rival Qatari bidder Ooredoo, according to two people familiar with the matter.... |
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| Riyal-dollar peg 'serves interests of Saudi Arabia' |
| Source : Arab News |
| Date : 2013-05-25 |
| The Saudi riyal peg to the US dollar will continue as it serves the national economic interest of the Kingdom as well as of those which have chosen to keep... |
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| KSA energy strategy — one more time |
| Source : Saudi Gazette |
| Date : 2013-05-25 |
| As a follow up to last month article “The National Kingdom Energy Strategy“, I would like this week to shed some lights on the categories that this strategy must have... |
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| Insurance firms win weekly race |
| Source : Arab News |
| Date : 2013-05-25 |
| Saudi stocks spent the entire last week with impressive gains. The Tadawul All-Share Index (TASI) reflecting an upward march throughout the week ended in the green territory at 7,363.13 points,... |
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| New real estate fund from Saudi Fransi Capital |
| Source : Arab News |
| Date : 2013-05-25 |
| Saudi Fransi Capital has launched its new fund, the Saudi Fransi Real Estate Fund. The new fund seeks to achieve capital growth, by developing lands and real estate projects, along... |
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| Expansion to up Riyadh airport capacity to 35 m |
| Source : Arab News |
| Date : 2013-05-25 |
| The new expansion plan for Riyadh's King Khaled International Airport aims at increasing its capacity from 12 million to 35 million, said Khaled Al-Khaibary, spokesman of the General Authority for... |
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| Soltanieh appointed chair of UNIDO Program and Budget Committee |
| Source : Tehran Times |
| Date : 2013-05-25 |
| Ali-Asghar Soltanieh, the representative of Iran to international organizations based in Vienna, has been appointed as the head of the Program and Budget Committee the United Nations Industrial Development Organization... |
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| Saudi Energy to open amid KSA's economic dynamism |
| Source : Saudi Gazette |
| Date : 2013-05-25 |
| Saudi Energy 2013 — the 16th International Trade Exhibition for Electricity Power Generation, Alternative Energy, Water Technology, Lighting & HVAC — will open on Sunday (May 26) with over 200... |
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| Cruise tourism propelling UAE's GDP |
| Source : Gulf Today |
| Date : 2013-05-25 |
| Cruise tourism plays a crucial role in the overall growth and development of the tourism industry in the emirate.... |
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| Iran inks deals to develop Sardar-e Jangal field in Caspian Sea |
| Source : Tehran Times |
| Date : 2013-05-25 |
| Iran's Khazar Oil Company has signed eight contracts with domestic contractors in order to develop Sardar-e Jangal oil and gas field in the Caspian Sea, the company's managing director Ali... |
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| Iraq vows action against Kurdistan crude sales |
| Source : Arab News |
| Date : 2013-05-25 |
| Iraq has vowed to take legal action against companies to halt Kurdistan's crude oil sales to Turkey.... |
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| RO 8bn projects in pipeline |
| Source : Oman Daily Observer |
| Date : 2013-05-25 |
| The Sultanate's economy will see a quantum jump in the coming period, thanks to several projects, among them are RO 8 billion ($ 20 billion) giant transport and infrastructure projects... |
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| Jet shareholders back Etihad deal |
| Source : Arab News |
| Date : 2013-05-25 |
| Shareholders of India's Jet Airways on Friday approved a deal in which Abu Dhabi-based airline Etihad will take a 24 percent stake in the private carrier, media reports said.... |
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| New initiatives for Saudi SMEs in spotlight |
| Source : Arab News |
| Date : 2013-05-25 |
| A two-day forum is being held this week to assess the situation of small and medium enterprises (SMEs), and the challenges they face to enhance their role in economic development... |
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| $ 15 bn 'KSA help' to end Pak energy crisis |
| Source : Arab News |
| Date : 2013-05-24 |
| Saudi Arabia is expected to extend a bailout package of about $ 15 billion to Pakistan.... |
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