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| Al Mashreq Boutique Hotel presented two awards |
| Source : Saudi Gazette |
| Date : 2013-05-24 |
| AL MASHREQ Boutique Hotel recently held a huge ceremony in Riyadh city, on the occasion of receiving the titles "Best Boutique Hotel in the Kingdom of Saudi Arabia" and "Best... |
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| RC invites tender for relocating RAK lines |
| Source : Saudi Gazette |
| Date : 2013-05-24 |
| The Royal Commission for Jubail and Yanbu has recently invited contractors to submit bids for the contract to relocate existing 380kV transmission lines at its Ras Al-Khair Industrial City.... |
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| Saudi companies to mark business innovation at the SAP forum |
| Source : Saudi Gazette |
| Date : 2013-05-24 |
| TOP Saudi companies are set to take part in the flagship joint annual SAP Forum and SAP Users Group (SUGMENA) Conference.... |
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| Solar power proves a win-win strategy for Saudi Arabia |
| Source : Arab News |
| Date : 2013-05-24 |
| A slide in solar power costs and a surge in oil prices over the last few years has made solar power a win-win strategy for Saudi Arabia: saving billions of... |
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| Emirates adding 3 more flights to Colombo |
| Source : Arab News |
| Date : 2013-05-24 |
| Emirates, a fast growing airline, said it will increase capacity on its services to Colombo from June 30, with the addition of three more flights per week.... |
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| CEO-elect of fraud-hit bank quits |
| Source : Arab News |
| Date : 2013-05-24 |
| The proposed new chief executive of National Bank of Ras Al-Khaimah (RAKBANK), one of two banks which were named recently as victims of a massive global bank card fraud, has... |
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| Oman participates in WEF on Mideast and Africa |
| Source : Oman Daily Observer |
| Date : 2013-05-24 |
| Dr Salem al Ismaily, Chairman of The Public Authority for Import Promotion and Export Development (PAIPED), will lead the Omani delegation to the World Economic Forum on the Middle East... |
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| Qatar Airways celebrates Salalah launch |
| Source : Oman Daily Observer |
| Date : 2013-05-24 |
| Launching the inaugural flight of Qatar Airways to Salalah Airport was celebrated in the Governorate of Dhofar yesterday during a ceremony held under the auspices of Shaikh Abdullah bin Saif... |
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| UAE economy gains momentum |
| Source : Khaleej Times |
| Date : 2013-05-24 |
| The UAE's non-oil producing private sector companies reported a further increase in output levels in April, according to the HSBC Purchasing Managers Index, or PMI.... |
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| Jeddah food and hotel expo sets new standards |
| Source : Arab News |
| Date : 2013-05-24 |
| Saudi Food & Hotel and Hospitality Expo 2013 has been hailed as a major success as it concluded a four-day run in Jeddah.... |
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| Agricultural projects in Sohar reviewed |
| Source : Oman Daily Observer |
| Date : 2013-05-24 |
| Dr Fuad bin Jaafar al Sajwani, Minister of Agriculture and Fisheries, yesterday visited a number of experimental farms affiliated to the ministry and agricultural projects funded by the Agriculture and... |
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| MSM index edges down |
| Source : Oman Daily Observer |
| Date : 2013-05-24 |
| Muscat Securities Market, MSM 30 index ended the week’s trading sessions in negative territory on pressure from both the Financial and Services indices. The local bourse closed down by 0.21... |
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| Archelons plans to invest $ 1mn in Qatar |
| Source : Gulf Times |
| Date : 2013-05-24 |
| India's recruitment firm Archelons plans to invest $ 1mn in Qatar over the next five years into various talent management solutions.... |
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| Most Gulf markets plunge |
| Source : The Peninsula |
| Date : 2013-05-24 |
| Most Gulf markets fell yesterday as a sell-off on international bourses spurred regional investors to cash in gains from an early-year rally.... |
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| Bahraini banks in merger talks as consolidation picks up |
| Source : The Peninsula |
| Date : 2013-05-24 |
| Bahrain's Al Salam Bank and BMI Bank, an affiliate of Oman's Bank Muscat, have announced plans to merge, a tie-up which would create the kingdom's third-largest bank by assets,... |
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| Initiatives in support of SMEs highlighted |
| Source : Oman Daily Observer |
| Date : 2013-05-24 |
| Al Rafd Fund gave a power point Presentation at Grand Hayatt Muscat Hotel on a successful experience of one British institution called (Exemplas) that works in support of small and... |
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| Dubai among top four in prime global cities index |
| Source : Khaleej Times |
| Date : 2013-05-24 |
| Dubai recorded 18.3 per cent surge in luxury home prices to rank among the top four in 'Prime Global Cities Index' as prime property prices across the world fell by... |
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| Retail investors spur Kuwait market |
| Source : Arab News |
| Date : 2013-05-24 |
| 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 economy.... |
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| SAMA's net foreign assets surge to SR 2.506 trillion |
| Source : Arab News |
| Date : 2013-05-24 |
| The Kingdom's M3 money supply growth accelerated to 14.1 percent year-on-year at the end of April, the fastest rate since October 2011, from 12.3 percent in the previous month, data... |
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| Saudi Arabia: Interest rate outlook, 2013-15 |
| Source : Samba |
| Date : 2013-05-23 |
| In this note we consider the outlook for Saudi interest rates, given their importance to businesses and consumers, and the fact that the key interbank rate, SIBOR, has moved higher... |
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