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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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| Fish market revamp set |
| Source : Gulf Daily News |
| Date : 2013-05-25 |
| A fish market in Malkiya that has remained unused for five years despite a BD73,000 renovation could be given another revamp.... |
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| Geojit Securities to extend services to Kuwait |
| Source : Gulf Today |
| Date : 2013-05-25 |
| Geojit Securities, an Indian stock broking firm with a presence in the UAE, Oman and Saudi Arabia through joint ventures and partnerships, will soon extend its services to Kuwait through... |
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| Saudi banks' assets gain SR38bn in Q1 |
| Source : Emirates 24/7 |
| Date : 2013-05-25 |
| The combined assets of Saudi Arabia's banks swelled by nearly SR38 billion (Dh37.7 billion) in the first quarter of 2013 to maintain their position as having the second largest financial... |
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| Emirates increases Dubai-Colombo flights |
| Source : Emirates 24/7 |
| Date : 2013-05-25 |
| Emirates will increase services to Colombo from June 30.... |
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