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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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| Dubai Exports promotes its Islamic economy expertise |
| Source : Khaleej Times |
| Date : 2013-06-16 |
| Dubai Exports promoted the emirate's expertise in the Islamic economy to Canadian firms in Vancouver and Toronto, the Department of Economic Development agency said in a statement.... |
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| International Islamic wins award at Global Sukuk Summit |
| Source : The Peninsula |
| Date : 2013-06-16 |
| International Islamic (Qatar International Islamic Bank-QIIB) has won the award for ‘Best Islamic Bank in Qatar’ at the Global Sukuk Summit held in London.... |
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| Saudi inflation to keep rising |
| Source : Saudi Gazette |
| Date : 2013-06-16 |
| Rental prices are expected to rise in the coming months due to the summer holidays and specifically in western region cities as the holy month of Ramadan approaches, the National... |
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| Key sectors discussed by UAE and Montenegro |
| Source : Khaleej Times |
| Date : 2013-06-16 |
| The first meeting of the UAE-Montenegro Joint Economic Committee, which concluded in Podgorica, the capital of Montenegro, focused on laying the foundations for a new start of economic relations between... |
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| Qatar spending seen rising |
| Source : Gulf Times |
| Date : 2013-06-16 |
| Qatar's public spending will gather pace over the next two years, keeping the overall GDP growth at more than 5% as the country looks towards infrastructure improvements, a new study... |
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| Revenues hit RO 4.7bn |
| Source : Oman Daily Observer |
| Date : 2013-06-16 |
| The government revenues rose by 2.5 per cent at the end of April to RO 4,716.9 million against RO 4,599.8 million during the corresponding period in 2012.... |
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| UAE leaps over China as top importer of Saudi products |
| Source : Arab News |
| Date : 2013-06-16 |
| Saudi Arabia's external trade continued to display moderation for the third month in a row in March. The value of exports totaled SR 16.5 billion versus SR 17.5 billion a... |
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| Iran exports over 3m tons of cement, clinker |
| Source : Tehran Times |
| Date : 2013-06-15 |
| Iran exported over 3 million tons of cement and clinker in the first two months of the current Iranian calendar year, which began on March 21, the Mehr News Agency... |
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| Jeddah port handles 10.8 m tons of goods |
| Source : Arab News |
| Date : 2013-06-15 |
| Jeddah Islamic Port handled 10.8 million tons of goods during April and May, a 4.5 percent increase from the same period last year.... |
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| Al Mazroui urges efforts for UAE global ranking |
| Source : Gulf Today |
| Date : 2013-06-15 |
| In line with the leadership's vision and approach to enhance energy efficiency and promote the global standing of the UAE, the Ministry of Energy adopts an integrated and unified federal... |
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| Key Bahrain firm deal set to create 100 jobs |
| Source : Gulf Daily News |
| Date : 2013-06-15 |
| A key deal between a Bahraini company and a Yemeni group will create 100 jobs in the kingdom.... |
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| Mashreq offers surprises for its cardholders |
| Source : Khaleej Times |
| Date : 2013-06-15 |
| Mashreq has announced a host of additional surprises for its debit and credit card members during Dubai Summer Surprises Event (DSS).... |
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| The Left Shoe Company opens at DIFC |
| Source : Khaleej Times |
| Date : 2013-06-15 |
| The Left Shoe Company, a made-to-measure luxury footwear brand and accessories retailer, is pleased to announce the opening of its first store in Dubai at DIFC Gate Building.... |
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