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| Mitsubishi Corp. joins DME bourse |
| Source : Saudi Gazette |
| Date : 2013-06-14 |
| Mitsubishi Corp on Thursday become the first Japanese trading house member of DME, the Middle East’s premier international energy futures and commodities exchange.... |
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| UAE, Qatar to attract more capital after MSCI upgrade |
| Source : Arab News |
| Date : 2013-06-14 |
| The UAE and Qatar’s years of efforts have finally been rewarded as both countries have been upgraded to emerging market (EM) status thanks to steps taken by exchange officials in... |
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| CPA seeks to stop bank fees imposed on Hafiz beneficiaries |
| Source : Arab News |
| Date : 2013-06-14 |
| The Consumer Protection Association (CPA) has revealed that it is working to put an end to banks charging Hafiz beneficiaries extra service fees.... |
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| CITC: WhatsApp to be blocked before Ramadan |
| Source : Arab News |
| Date : 2013-06-14 |
| The Communications and Information Technology Commission (CITC) has announced that it will block WhatsApp before Ramadan if the US-based instant free-messaging application does not comply with the requirements set by... |
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| GCC retail market to reach $221bn by 2015 |
| Source : Oman Daily Observer |
| Date : 2013-06-14 |
| The retail market in the Gulf Co-operation Council (GCC) region is expected to reach a value of $221 billion by 2015, registering an annualised growth of 7.9 per cent for... |
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| Insurance cover for employers against runaway workers |
| Source : Arab News |
| Date : 2013-06-14 |
| Ahmad Al-Hamaidan, deputy minister of labor for labor policies, said that the government plans to compensate employers in the event expatriate workers abscond after arriving in the Kingdom.... |
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| Truck fees, road projects examined |
| Source : Oman Daily Observer |
| Date : 2013-06-14 |
| Dr Ali bin Masoud al Sunaidy, Minister of Commerce and Industry, Dr Ahmed bin Mohammed al Futaisi, Minister of Transport and Communications, and Dr Fuad bin Jaafar al Sajwani, Minister... |
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| Focus on eligibility terms for houses |
| Source : Oman Daily Observer |
| Date : 2013-06-14 |
| Sayyid Saud bin Hilal al Busaidy, Minister of State and Governor of Muscat, yesterday met at the Governorate premises with shaikhs and dignitaries of the Wilayat of Qurayat. The meeting... |
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| Dubai may fast-track Metro expansion |
| Source : Saudi Gazette |
| Date : 2013-06-14 |
| Dubai's Roads and Transport Authority (RTA) eyes to fast-track a 5 billion dirham expansion of the city's Metro's Red Line to link it to the Dubai World Central if the... |
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| Default rate for SIDF loans minimal |
| Source : Arab News |
| Date : 2013-06-14 |
| The Saudi Industrial Development Fund (SIDF) has approved more than 3,480 loans worth SR 106 billion for 2,475 projects, the SIDF chief has disclosed.... |
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| Kuwaiti authorities contribute in assessing draft commercial law |
| Source : Kuwait News Agency |
| Date : 2013-06-14 |
| Officials of the Ministry of Commerce and Industry are ready to listen to any remark by any public or private authority regarding draft executive regulations of the new corporate law,... |
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| Boom-and-bust cycle in Dubai a risk as property sector recovers |
| Source : Arab News |
| Date : 2013-06-14 |
| The United Arab Emirates is succeeding in strengthening its state finances by restraining spending, and managed last year to reduce the oil price which it needs to balance its budget,... |
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| 'Solar energy crucial to meet rising demand' |
| Source : Arab News |
| Date : 2013-06-14 |
| An expert here believes that the Kingdom is likely to spend all its oil on electricity in the country by 2031 if current consumption continues, and has called for an... |
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| GCC retail market set to reach $ 221bn by 2015 |
| Source : Gulf Times |
| Date : 2013-06-14 |
| Growing population in Qatar and the UAE and higher per capita income are among the key drivers of the GCC retail market, which is expected to reach $ 221bn by... |
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| QE's market cap rises by 1.74pc to QR519bn |
| Source : The Peninsula |
| Date : 2013-06-14 |
| Qatar Exchange gained 189.47 points or 2.04 percent last week to close at 9,479.80 points. Trading value increased by 65.21 percent to reach QR3.44bn last week compared to QR2.08bn the... |
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| Kuwait can save 100,000 BOE a day by improving power plants: expert |
| Source : Kuwait News Agency |
| Date : 2013-06-14 |
| Kuwait could save up to 100,000 barrels of oil equivalent (BOE) out of 350,000 BOE a day, used as fuel at local power plants, by raising the efficiency of these... |
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| Sipchem affiliate signs SR704m loan for Jubail 'greenfield' plant |
| Source : Saudi Gazette |
| Date : 2013-06-14 |
| Saudi International Petrochemical Company (Sipchem) said on Thursday that its affiliate International Polymers Company (IPC) has signed a SR704 million loan with the Public Investment Bank (PIF) on June 10.... |
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| Arab Electricity Union expresses readiness to tackle Yemen power shortage |
| Source : Yemen News Agency |
| Date : 2013-06-13 |
| The Arab Union of Producers, Transporters and Distributors of Electricity on Wednesday expressed readiness to help Yemen overcome the existing power shortage.... |
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| Qatar upgraded to 'emerging market' status |
| Source : Gulf Times |
| Date : 2013-06-13 |
| Qatar Exchange (QE) yesterday welcomed the decision of the index compiler Morgan Stanley Capital International (MSCI) to upgrade the Qatari market from “frontier” to “emerging market”, describing it as a... |
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| Gulf' largest open-air square to be built in Doha |
| Source : Gulf Times |
| Date : 2013-06-13 |
| The regeneration of the historical commercial centre of Doha will feature the Gulf’s largest open-air square - Al Baraha, according to Msheireb Properties, developer of the Msheireb Downtown Doha project.... |
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