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Izdehar provides opportunity to pitch novel SME ideas
Source : Saudi Gazette  
Date : 2013-05-19
The pitch for investment competition, a highlight of Izdehar SME to be held May 19-21, at the Jeddah Hilton Hotel, under the aegis of Prince Mishaal bin Majed, has...
Food prices continue to rise in Saudi Arabia
Source : Arab News  
Date : 2013-05-19
The Central Department for Statistic and Information (CDSI) released Consumer Price Index (CPI) inflation data for April, showing prices slightly rising to 4 percent year-on-year compared with 3.9 percent in...
Dubai businesses upbeat
Source : Khaleej Times  
Date : 2013-05-19
A majority of businesses, especially small and medium enterprises (SMEs), in Dubai expects higher growth in revenues and profits for the second quarter of the year, a latest survey revealed...
Tadawul index surges over 1.1%
Source : Arab News  
Date : 2013-05-19
It turned out to be largely positive for investors yesterday, as Saudi Arabia's benchmark stock index (TASI) recorded a handsome gain of 1.14 percent, which is the highest intra-day increase...
IDB chief: Islamic banking not confined to Muslim communities
Source : Arab News  
Date : 2013-05-19
The global credit squeeze and recession have made many countries turn to the Islamic Development Bank more than ever to seek help in their development projects, says its President Ahmed...
Tejar Dubai hosts inaugural event to support SMEs
Source : Arab News  
Date : 2013-05-19
Tejar Dubai's first event to support small and medium enterprises (SMEs) was held on Thursday, with the participation of local talents who exhibited their skills in different fields like graphic...
KAEC sees huge influx of foreign investments
Source : Arab News  
Date : 2013-05-19
There is a huge influx of investments in business enterprises and industrial projects in the King Abdullah Economic City (KAEC), says a top official....
Haji Husein Alireza upbeat on SUV sales
Source : Arab News  
Date : 2013-05-19
Haji Husein Alireza & Co. Ltd. (HHA), sole distributor of Geely vehicles across the Kingdom, is all set to launch Geely’s SUV Emgrand X7 model into the Saudi market on...
Iraqi merchants buying Iranian wheat at a higher price
Source : Tehran Times  
Date : 2013-05-19
On Saturday, a number of Iranian MPs criticized the government for buying wheat from farmers at a low price, saying it has encouraged Iraqi merchants to buy wheat from Iranian...
GCC is 13th largest world economy
Source : Emirates 24/7  
Date : 2013-05-19
Gulf hydrocarbon producers emerged as the 13th most powerful economy in the world in 2011 while strong oil prices allowed them to become the fifth largest exporter with the highest...
Kuwaiti SMEs Fund capital must serve national economy
Source : Kuwait News Agency  
Date : 2013-05-19
The National Small and Medium-sized Enterprises (SMEs) Fund's capital of KD 2 billion remains an important part of public funds that must be used in feasible economic activities with the...
Qatar banks record big asset gains
Source : Gulf Times  
Date : 2013-05-19
Benefitting from Qatar's large public spending programme on the back of higher energy prices and increased gas production, local banks have seen huge asset gains with a 20% compounded annual...
UAE trade surplus to hit $ 90.7 billion
Source : Arab News  
Date : 2013-05-19
The UAE economy growth is expected to lower to 3.9 percent in 2012 after a solid 2011, when the GDP expanded 5.2 percent led by high oil prices and a...
Euler Hermes sees 20% growth in GCC countries
Source : Khaleej Times  
Date : 2013-05-18
Euler Hermes, a market leader in credit insurance, will continue to invest in GCC countries and expects around 20 per cent growth in premium portfolio this year and next year,...
Emirates sees 777X role beyond A350-1000
Source : Khaleej Times  
Date : 2013-05-18
Emirates chief executive officer Tim Clark said there isn't much overlap between Boeing Co's new 777X and the Airbus SAS A350-1000 long-range jet, allowing him to accommodate both models in...
Tourism campaign to promote Duqm
Source : Oman Daily Observer  
Date : 2013-05-18
The Ministry of Tourism represented by the tourism department in Al Wusta and Al Dakhiliyah governorates yesterday launched a tourism campaign in the Wilayat of Al Duqm under the title...
Qatar buys 40% stake in Milan skyscraper project
Source : Gulf Today  
Date : 2013-05-18
Qatar's sovereign wealth fund has bought a 40 per cent stake in a new 290,000-square metre skyscraper project near the centre of Milan with a commercial value of...
Gold loses shine on Fed speculation
Source : Gulf Today  
Date : 2013-05-18
Gold fell for a seventh straight session on Friday, its longest losing streak in four years, as speculation that the Federal Reserve may soon rein in monetary easing lifted the...
QP hosts GCC supply chain committee meet
Source : Gulf Times  
Date : 2013-05-18
Under the patronage of HE Mohammed bin Saleh al-Sada, Minister of Energy and Industry, the 26th meeting of the GCC oil and gas companies supply chain committee (GCCSC) was held...
Dubai Atlantis 'The Palm'seeks $ 850 m loan
Source : Khaleej Times  
Date : 2013-05-18
Atlantis, The Palm, is raising an $ 850 million syndicated loan to refinance existing debt and provide new funds, banking sources said....
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