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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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| GCC Markets Monthly - May 2013 |
| Source : Gulf Investment Corporation |
| Date : 2013-05-23 |
| Global Economy grew by 2.3% q‐o‐q in Q1 2013 mainly due to improved growth in EM economies. However, China’s growth dropped to 7.7%. Commodity prices witnessed correction as fears of... |
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| Weekly Economic Update: Gulf One Investment Bank |
| Source : Gulf One Investment Bank |
| Date : 2013-05-23 |
| For the first time since April 2008, the US recorded its biggest fiscal surplus highlighting the importance of the recent tax increase and budget cuts that are helping to bring... |
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| Real Estate Market Commentary |
| Source : Kuwait Financial Centre - Markaz |
| Date : 2013-05-23 |
| According to CBRE, the residential sector remains upbeat with rental rates increasing by 4% since the previous quarter. Average 2 BR rents in established residential locations grew by 27% Y-o-Y.... |
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| GCC Markets Performance – April 2013 |
| Source : Global Investment House |
| Date : 2013-05-23 |
| Global equity markets, although improved, were dull on weak economic data released in April. GDP growth in the US at 2.5% in 1Q13 was disappointing against consensus expectations of 3.1%.... |
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| GCC: positive outlook despite oil price dip |
| Source : National Bank of Kuwait |
| Date : 2013-05-23 |
| The recent dip in oil prices to around $100 has raised concerns about the impact on the region's economy. But for us, the fall was broadly anticipated and does not... |
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| Saudi Aramco engineers enrich knowledge at filtration forum |
| Source : Saudi Gazette |
| Date : 2013-05-23 |
| A recent first-of-its-kind event has sought to enrich the technical knowledge of Saudi Aramco engineers and help them exchange experiences with international players in the oil and gas processing industry.... |
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| Small-time firms brave odds to lure clients, lenders say |
| Source : Saudi Gazette |
| Date : 2013-05-23 |
| A number of Saudi investors who have large-scale businesses that offer loans say their small-time counterparts are giving them tough competition in attracting customers.... |
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| GCC Equity Monitor: Global |
| Source : Global Investment House |
| Date : 2013-05-23 |
| Emaar's stock price closed at AED5.61. The price fulfilled its Fibonacci Retracements level from AED11.95 – AED1.74 at AED5.63 (38.2%) and promise to witness further strength towards AED6.08 (50% level)... |
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| SAGIA to sustain business friendly environment |
| Source : Saudi Gazette |
| Date : 2013-05-23 |
| The Saudi Arabian General Investment Authority’s (SAGIA) board of directors discussed a number of topics including the Kingdom’s efforts in sustaining a strong business friendly environment while attracting investments that... |
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| Jubail refinery to be commissioned |
| Source : Saudi Gazette |
| Date : 2013-05-23 |
| Saudi Aramco Total Refining & Petrochemicals (SATORP) is half way through commissioning its refinery in Jubail, and expects it to be fully operational by the end of the year.... |
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| Saudi Economic Developments; First Quarter, 2013 |
| Source : Saudi Arabian Monetary Agency |
| Date : 2013-05-23 |
| Broad money (M3) rose by 2.4 percent (RIs 33.4 billion) to Rls 1,427.2 billion during the first quarter of 2013 compared to a rise of 6.4 percent (Rls 83.7 billion)... |
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| Turkey expects 400,000 Saudi tourists in 2013 |
| Source : Arab News |
| Date : 2013-05-23 |
| Turkey is seeking to attract 400,000 Saudi tourists this year, according to a Turkish diplomat in the Kingdom.... |
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| Qatar Monthly Monitor: QNB |
| Source : Qatar National Bank |
| Date : 2013-05-23 |
| Qatar's overall balance of payments rebounded from a deficit of US$14bn in 2011 to a surplus US$16bn in 2012 (Fig 1). The 2011 deficit was mainly due to direct, portfolio... |
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| Kuwait Oil price down to USD 99.55 pb |
| Source : Kuwait News Agency |
| Date : 2013-05-23 |
| Price of Kuwaiti crude oil dropped USD 1.26 to USD 99.55 per barrel on Wednesday compared to USD 100.81 pb on Tuesday, Kuwait Petroleum Corporation (KPC) said on Thursday.... |
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| USD rate stabilizes vis a vis Kuwaiti dinar |
| Source : Kuwait News Agency |
| Date : 2013-05-23 |
| Exchange rate of the US dollar remained unchanged at KD 0.286 while the euro dropped against the Kuwaiti dinar to KD 0.368, said the Central Bank of Kuwait (CBK) on... |
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| Oil Market Report - May 2013 |
| Source : Global Investment House |
| Date : 2013-05-23 |
| WTI crude oil price rose by 3.9% during the review period (12 May-12 Apr 2013) to USD92.16 per barrel, spurred on by better-than-expected economic data in the United States that... |
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| GCC program finances numerous projects in Gaza Strip |
| Source : Kuwait News Agency |
| Date : 2013-05-23 |
| Numerous projects funded by the Gulf Cooperation Council (GCC) Program for the reconstruction of several provinces in the Gaza Strip were announced here on Thursday.... |
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| MENA Hospitality Update: April 2013 |
| Source : Taameer |
| Date : 2013-05-23 |
| The hotel industry in MENA exhibited strong performance in February 2013. Occupancy rate grew to 66.4% from 62.4% in February 2012, while ADR rose 2.9% to $ 176.55 compared to... |
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| April Inflation Update; Food inflation continues to accelerate |
| Source : Jadwa Investment Company |
| Date : 2013-05-23 |
| Saudi annual CPI inflation slightly increased to 4 percent in April
compared with 3.9 percent in the previous three months. It
slightly eased to 0.2 percent on a monthly basis.... |
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| Total 445 Results in 23
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