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| ExxonMobil to join Sabic in making rubber products |
| Source : Saudi Gazette |
| Date : 2013-05-26 |
| Saudi Basic Industries Corporation (Sabic) and the US’ ExxonMobil Chemical have set out their plans to add maximum value to the SR12.75 billion elastomers project at Jubail industrial city that... |
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| Concept House reveals Sabic's innovation in real-life, sustainable applications |
| Source : Saudi Gazette |
| Date : 2013-05-26 |
| Sabic today unveiled the 'Archi-Light Concept House' at the official opening ceremony of Chinaplas 2013. Archi-Light is a themed exhibition within the larger show, which focuses on environmentally friendly plastic... |
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| 3,488 young citizens benefit from BRJ taxi ownership program |
| Source : Arab News |
| Date : 2013-05-26 |
| Since January 2013 to the end of April of the same year, Bab Rizq Jameel (BRJ), an initiative of Abdul Latif Jameel Community Initiatives (ALJCI), provided 206 taxi cars to... |
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| $ 750 m sukuk: Saudi developer closes 1st tranche |
| Source : Arab News |
| Date : 2013-05-26 |
| Bank Alkhair has announced the successful close of the first tranche of a $ 750 million sukuk program established by Dar Al Al-Arkan Real estate Development Company (Dar Al-Arkan), a... |
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| SR 404 million Riyadh hospital deal awarded |
| Source : Arab News |
| Date : 2013-05-26 |
| Arabtec Holding announced that its joint venture between Arabtec Saudi Arabia and Greece’s Terna has been awarded a SR 404 million contract by Aldara Medical Corporation to build Aldara Hospital... |
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| Majid Al-Futtaim eyes $ 1 bn investments |
| Source : Arab News |
| Date : 2013-05-26 |
| UAE's Majid Al Futtaim Holding (MAF) — sole franchise of hypermarket chain Carrefour in the Gulf — said it foresaw capital investments of up to $1 billion this year as... |
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| Six-day surge ends at Tadawul |
| Source : Arab News |
| Date : 2013-05-26 |
| The Saudi stock market was in the red yesterday, reversing after a 6-day surge and dropping more than 29 points for the day.... |
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| IDB unit steps up insurance support |
| Source : Arab News |
| Date : 2013-05-26 |
| With the support of the Tajikistan president, the board of governors of the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), member of Islamic Development Bank (IDB)... |
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| Another record financial year for Qalhat LNG |
| Source : Oman Daily Observer |
| Date : 2013-05-26 |
| In what has been a stellar financial year for the company, Qalhat LNG yet again delivered the highest ever returns in 2012 fuelled by, among other things, an aggressive pursuit... |
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| Iran, world's 28th largest exporter in 2012: WTO |
| Source : Tehran Times |
| Date : 2013-05-26 |
| Iran was the 28th largest exporter in the world in 2012 despite economic sanctions against the country, according to a new report by the World Trade Organization (WTO).... |
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| Doha Bank hosts final round of GCC summits on Real Estate |
| Source : Gulf Times |
| Date : 2013-05-26 |
| Doha Bank, which operates full branches in Abu Dhabi and Dubai, has hosted the final round of its series of GCC summits on Real Estate, Infrastructure and Urban Planning.... |
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| Kuwait stock market continues upward trajectory - report |
| Source : Kuwait News Agency |
| Date : 2013-05-26 |
| The Kuwait Stock Exchange (KSE) has continued its upward journey and ended last week in the green zone, a specialized economic report showed Saturday.... |
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| $ 465m convertible bonds from NBAD |
| Source : Khaleej Times |
| Date : 2013-05-26 |
| The National Bank of Abu Dhabi, or NBAD, has issued $ 465 million senior unsecured convertible bonds for general purposes and to benefit from attractive yield.... |
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| Saudi Arabia construction sector is robust |
| Source : Saudi Gazette |
| Date : 2013-05-26 |
| The magnitude of contracts within the construction sector continues to illustrate the Kingdom's appetite for heavy capital expenditures as approximately SR49.1 billion worth of contracts were awarded during the first... |
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| More power plants likely |
| Source : Oman Daily Observer |
| Date : 2013-05-25 |
| A number of researches and studies have been conducted at exploiting renewable energy sources in power generation in the future.... |
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| Meat market not in 'sheep' shape |
| Source : Arab News |
| Date : 2013-05-25 |
| The Agricultural Development Fund has launched an initiative to increase the number of sheep after seeing sheep in the Kingdom drop from 12 million in 2008 to 8.7 million in... |
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| Govt to spend $ 66 bn on water projects over 10 years |
| Source : Arab News |
| Date : 2013-05-25 |
| The European inventor, writer and painter Leonardo da Vinci once said: “Water is the driving force of all nature.” This statement is all the more relevant in Saudi Arabia with... |
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| Emirates NBD's new 'Bank on Wheels' hits the road |
| Source : Khaleej Times |
| Date : 2013-05-25 |
| Emirates NBD added another innovative service to its list of achievements on Friday by operating its Bank on Wheels services, which will enable the lender to assess its growth strategy... |
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| FGB 3rd most powerful UAE firm: Forbes |
| Source : Khaleej Times |
| Date : 2013-05-25 |
| First Gulf Bank, or FGB, has been recognised as the third most powerful company in the UAE and the sixth leading bank in Forbes’ Top 500 in the Arab World... |
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| Emirates opens refurbished lounge at Paris airport |
| Source : Khaleej Times |
| Date : 2013-05-25 |
| Emirates, has inaugurated its refurbished Paris Charles de Gaulle Lounge for First Class and Business Class passengers as well as Platinum and Gold members of Emirates Skywards - the airline’s... |
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