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| SAGIA to offer set of privileges to investors |
| Source : Arab News |
| Date : 2013-05-23 |
| The Saudi Arabian General Investment Authority’s (SAGIA) board of directors discussed at its meeting recently a number of topics, including the Kingdom's efforts in sustaining a strong business-friendly environment while... |
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| Alwaleed, Baird discuss investment |
| Source : Arab News |
| Date : 2013-05-23 |
| Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), received Nick Baird, chief executive of UK Trade & Investment (UKTI) and an accompanying delegation at his office in Riyadh.... |
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| Multi-investment sector advances 1.16% |
| Source : Arab News |
| Date : 2013-05-23 |
| The Saudi stock market recorded nominal gains yesterday, as the Tadawul All-Share Index (TASI) closed higher to 7,363.13, adding 7.86 points or 0.11 percent for the entire day.... |
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| Abha becomes Air Arabia's 8th Saudi destination |
| Source : Arab News |
| Date : 2013-05-23 |
| Air Arabia's, described as the first and largest low-cost carrier (LCC) in the MENA, has started operating to Abha from its primary hub in Sharjah.... |
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| Saudi Specialty Chem launches Jubail facility |
| Source : Arab News |
| Date : 2013-05-23 |
| Saudi Basic Industries Corporation (SABIC) has further demonstrated its national growth commitment by opening its first engineering thermoplastics compounding facility as well as a new polypropylene compounding (PPc) plant, at... |
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| Slow progress of projects puts Kuwait stock boom at risk |
| Source : The Peninsula |
| Date : 2013-05-23 |
| Kuwait's stock market boom could run out of steam if the government doesn't push ahead soon with long-delayed infrastructure projects aimed at diversifying the oil-reliant economy.... |
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| Iraq aims to boost oil output |
| Source : Khaleej Times |
| Date : 2013-05-23 |
| Iraq is planning to increase its oil production capacity to 10 million barrel per day in 2017 up against three million barrel per day as of today, officials say.... |
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| UAE adds power to mobile broadband |
| Source : Khaleej Times |
| Date : 2013-05-23 |
| The UAE on Wednesday took a critical initiative to stay ahead in broadband connectivity race by unveiling its band plan for 700MHz and the launch of spectrum in the 800MHz... |
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| IDB increases its capital from $ 45 bn to $ 150 bn |
| Source : Arab News |
| Date : 2013-05-23 |
| The Islamic Development Bank Group has decided to increase its authorized capital from $ 45 billion (30 billion Islamic dinars) to $ 150 billion (100 billion dinars) on... |
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| New GCC tobacco tax could fuel growth of illicit trade |
| Source : Arab News |
| Date : 2013-05-23 |
| The dilemma facing GCC finance ministers as they deliberate over a 100 percent increase in duty on tobacco products is underlined by a White Paper published yesterday which spotlights growth... |
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| New Saudi Force in America! |
| Source : Al Hayat |
| Date : 2013-05-22 |
| It is not true that Saudi Arabia only looks at the present moment that is overflowing with oil, without keeping an eye on the future of the economy and the... |
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| Emirates NBD's Tier 1 bond due today |
| Source : Emirates 24/7 |
| Date : 2013-05-22 |
| Emirates NBD, Dubai's largest lender, plans to price its first core capital-boosting bond on Wednesday, arranging banks said, amid strong demand for the imminent deal.... |
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| Emirates to increase flights to Colombo |
| Source : Emirates 24/7 |
| Date : 2013-05-22 |
| Emirates, one of the world’s fastest growing airlines, will increase capacity on its services to Colombo from June 30, 2013, with the addition of three more flights per week, the... |
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| Kuwait''s trade surplus with Japan narrows 11 pct in April |
| Source : Kuwait News Agency |
| Date : 2013-05-22 |
| Kuwait's trade surplus with Japan narrowed 11.1 percent in April to JPY 121.1 billion (USD 1.2 billion) from a year earlier, shrinking for the second month in a row, as... |
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| Kuwait Oil price drops to USD 100.81 pb |
| Source : Kuwait News Agency |
| Date : 2013-05-22 |
| Price of Kuwaiti crude oil dropped 24 cents to USD 100.81 per barrel on Tuesday compared to USD 101.05 pb on Monday, Kuwait Petroleum Corporation (KPC) said on Wednesday.... |
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| USD unchanged against Kuwaiti dinar at KD 0.286 |
| Source : Kuwait News Agency |
| Date : 2013-05-22 |
| Exchange rate of the US dollar stood unchanged at KD 0.286 while the euro went up against the Kuwaiti dinar to KD 0.369, said the Central Bank of Kuwait (CBK)... |
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| Lebanese farmland firm to invest up to $800 million in Sudan |
| Source : Saudi Gazette |
| Date : 2013-05-22 |
| Lebanese farmland investor GLB Invest plans to invest up to $800 million in Sudan to produce animal feed to be sold to Saudi Arabia, its president said on Tuesday.... |
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| Civil Defense warns against electricity overload |
| Source : Arab News |
| Date : 2013-05-22 |
| The General Directorate of Civil Defense in Riyadh has warned citizens and residents in the capital against overloading electrical appliances, which leads to over-heating in the wires and connections and... |
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| Kashmir ready to host Saudi tourists |
| Source : Arab News |
| Date : 2013-05-22 |
| Kashmir, the northwestern region in India, has often been called paradise on earth for its natural beauty. When it became a valley of conflict due to territorial disputes between India,... |
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| Omantel signs pact for new submarine cable |
| Source : Oman Daily Observer |
| Date : 2013-05-22 |
| Omantel has inked an agreement for another submarine cable, the "Bay of Bengal Gateway" submarine cable system (BBG). This new submarine cable will enhance the robustness and reliability of international... |
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