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| Sarawak: Open arms for Qatari investors |
| Source : Gulf Times |
| Date : 2013-06-16 |
| Malaysia’s largest state of Sarawak has been in the spotlight of Qatar investors during the June 12 launch of Inside Investor’s Inside Sarawak 2013 report, a business publication that gives... |
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| USD stable against dinar, West's recession persists |
| Source : Kuwait News Agency |
| Date : 2013-06-16 |
| Exchange rate of the US dollar was stable on Sunday at KD 0.283 while the euro dropped to KD 0.377, as compared to Thursday's rates, said the Central Bank of... |
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| KPC reshuffles boards of several subsidiaries |
| Source : Kuwait News Agency |
| Date : 2013-06-16 |
| The Kuwait Petroleum Corporation Board of Directors decided to reshuffle boards of several subsidiaries and to appoint two new deputies of managing directors for the parent company.... |
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| Saudi agribusiness market value to rise 6.3% annually |
| Source : Saudi Gazette |
| Date : 2013-06-16 |
| Saudi Arabia’s agribusiness market value stands at $ 2.2 billion in 2013, Business Monitor International said in its "Saudi Arabia Agribusiness Report Q3 2013''. The report forecast that the value... |
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| 'Governance unit' for UAE Islamic banks |
| Source : Emirates 24/7 |
| Date : 2013-06-16 |
| The UAE Central Bank is planning to create a 'governance unit' that will organise the activities of Shariah-compliant banks and Islamic units at commercial banks in the second largest Arab... |
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| New green programme from Dewa |
| Source : Khaleej Times |
| Date : 2013-06-16 |
| The Dubai Electricity and Water Authority, or Dewa, has launched a new eco-friendly initiative under the theme "Green Procurement Programme" to further promote the use of green technological solutions and... |
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| Etihad now serves Belgrade |
| Source : Khaleej Times |
| Date : 2013-06-16 |
| Etihad Airways’ maiden flight to Belgrade, the capital of Serbia, has landed on schedule at the city’s Nikola Tesla Airport.... |
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| Wrapt signs franchise agreement in Kuwait |
| Source : Khaleej Times |
| Date : 2013-06-16 |
| Wrapt, the premium, fashion-based gift wrapping and packaging services brand, has signed a franchise agreement to open in Kuwait in 2013.... |
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| Adnec to promote business tourism in Asia |
| Source : Khaleej Times |
| Date : 2013-06-16 |
| The Abu Dhabi National Exhibitions Company, or Adnec, is gearing up to promote Abu Dhabi as a leading global business tourism destination to top industry decision-makers in South Korea and... |
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| 4G LTE modems in UAE, exclusive from etisalat |
| Source : Khaleej Times |
| Date : 2013-06-16 |
| Etisalat, one of the largest telecom operators in the Middle East and Africa, on Saturday announced the exclusive launch of 4G LTE mobile broadband devices available from Huawei with highest... |
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| UAE-based NRIs invest Rs15b in Indian real estate projects |
| Source : Khaleej Times |
| Date : 2013-06-16 |
| The Indian property sector is a promising growth market and it will continue to attract non-resident Indians, or NRIs, in the UAE, who have invested around Rs15 billion in the... |
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| NAMLC holds 2nd meeting for 2013 |
| Source : Khaleej Times |
| Date : 2013-06-16 |
| The National Anti-Money Laundering Committee, or NAMLC, held its second meeting for 2013 at head office of the Central Bank of the UAE in Abu Dhabi, under the chairmanship of... |
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| ANB opens new branch in Riyadh |
| Source : Saudi Gazette |
| Date : 2013-06-16 |
| Arab National Bank (ANB) inaugurated its new branch inside the Business Gate on King Khaled International Airport Road in Riyadh.... |
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| Sadara set to close funding |
| Source : Saudi Gazette |
| Date : 2013-06-16 |
| Sadara Chemical Company is aiming to reach financial close on the SR7.5 billion funding for the project by mid-June.... |
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| Gulf bank deposits total SR 3.49 trillion in Q1 |
| Source : Arab News |
| Date : 2013-06-16 |
| Bank deposits in the Gulf region totaled SR 3.49 trillion ($ 930.9 billion) at the end of the first quarter of the year, a study has revealed.... |
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| Tadawul plunges by 329.5 points |
| Source : Arab News |
| Date : 2013-06-16 |
| It turned out to be largely negative for investors yesterday, as Saudi Arabia's benchmark stock index (TASI) recorded a decline of 4.32 percent, which is the biggest intra-day decrease in... |
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| King Khalid Foundation, NCB support four charity projects |
| Source : Arab News |
| Date : 2013-06-16 |
| The National Commercial Bank (NCB) recently signed an agreement with King Khalid Foundation to give financial donations to the best charity foundations that were able present a plan of a... |
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| GCC retail sector to reach $ 221bn in 2015 |
| Source : Saudi Gazette |
| Date : 2013-06-16 |
| The GCC's retail market is poised to reach $ 221 billion by 2015 at an annualized growth of 7.9 percent for the period 2012-15, mostly driven by food and beverages... |
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| Saudi shares plunge most in 2 years amid regional tensions |
| Source : Gulf Times |
| Date : 2013-06-16 |
| Shares on Saudi Arabia's stock exchange, the Arab world’s biggest, had the largest drop in almost two years, led by banks and telecom companies, amid concern that fighting in Syria... |
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| Economic outlook in Mena strong |
| Source : Gulf Today |
| Date : 2013-06-16 |
| Mena's economic outlook remains strong, according to QNB Group. The global economy and domestic political uncertainty in a number of Mena countries, the region is expected to grow in the... |
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