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| Subsidy reform will foster economic growth, equity: IMF |
| Source : Oman Daily Observer |
| Date : 2013-06-19 |
| Subsidy reform is imperative to the goal of promoting national productivity and the judicious consumption of resources, according to a senior official of the International Monetary Fund (IMF).... |
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| Qatar Airways orders for 9 B777-300s at Paris Air Show |
| Source : Saudi Gazette |
| Date : 2013-06-19 |
| Qatar Airways Chief Executive Officer Akbar Al-Baker (left) poses with Boeing Commercial Airplanes President and CEO Ray Conner after the signing by Qatar Airways for nine additional 777 Extended Range... |
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| Qatar to be region's top Eid destination |
| Source : The Peninsula |
| Date : 2013-06-19 |
| Qatar Tourism Authority (QTA) has expanded the scope of this year's Eid festivities with more activities and venues, aimed at positioning Qatar as the next Eid destination in the region.... |
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| AMF to provide $ 144m loan to Yemen on reform |
| Source : Saudi Gazette |
| Date : 2013-06-19 |
| The Arab Monetary Fund (AMF) will provide a $ 144 million loan to Yemen this year to help its financial reform program, the fund said Monday.... |
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| Alkhabeer Capital names comm head |
| Source : Saudi Gazette |
| Date : 2013-06-19 |
| ALKHABEER Capital, a leading asset management and investment banking firm headquartered in Jeddah, announced the appointment of Tariq Hayat as Chief Corporate Communication Officer.... |
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| Basic Systems opens LG’s 1st Digital Signage showroom in Riyadh |
| Source : Saudi Gazette |
| Date : 2013-06-19 |
| BASIC Systems, a Saudi company specialized in the field of digital signage networks, and technical solutions and systems development, inaugurated LG’s Digital Signage & Security Products showroom in Riyadh.... |
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| Dubai Mall to host global fashion event |
| Source : Saudi Gazette |
| Date : 2013-06-19 |
| The Dubai Mall seen at night is the world’s largest shopping mall based on total area and sixth largest by gross leasable area.... |
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| Etisalat launches security solution |
| Source : Khaleej Times |
| Date : 2013-06-19 |
| Etisalat, one of the leading telecom operators in the Middle East and Africa, on Tuesday launched a security solution to prevent cyber attacks through Distributed Denial of Service (DDoS) management.... |
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| Gulf Opportunity Fund buys into Saudi AYTB |
| Source : Saudi Gazette |
| Date : 2013-06-19 |
| INVESTCORP’s Gulf Opportunity Fund has agreed to acquire a 38 percent stake in Al Yusr Industrial Contracting Company WLL (AYTB), a leading provider of technical industrial support services to the... |
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| Zain KSA, Samsung sign deal to exclusively launch Galaxy S4 LTE |
| Source : Saudi Gazette |
| Date : 2013-06-19 |
| ZAIN KSA will exclusively launch the new Samsung Galaxy S4 LTE in Saudi Arabia, indicating that the device which is supported by Zain’s 4G/LTE network will be available in its... |
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| Cadillac sales in Saudi Arabia sustain momentum |
| Source : Saudi Gazette |
| Date : 2013-06-19 |
| Aljomaih Automotive Company, the exclusive dealer for Cadillac cars in Saudi Arabia, Cadillac's biggest market in the Middle East, clocked up record sales in May 2013, with a 31 percent... |
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| Delta fosters fitness to stimulate growth |
| Source : Saudi Gazette |
| Date : 2013-06-19 |
| Delta Marketing Company Limited, one of the leading health & fitness providers in the Kingdom, opened recently its new showroom in Al- Khobar.... |
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| Saudis spending on summer vacations to reach $5.1 billion |
| Source : Saudi Gazette |
| Date : 2013-06-19 |
| Saudis are expected to spend around SR19.5 billion ($5.1 billion) on their summer vacations, marking an 8 percent rise on last year, a local Arabic newspaper reported Tuesday.... |
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| ANB plays pivotal role in financing key projects in the Saudi Arabia |
| Source : Arab News |
| Date : 2013-06-19 |
| Established in 1979, the bank commenced commercial operations in February 1980 with one branch in Jeddah, having acquired the local operations of Arab Bank plc.... |
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| Real estate stocks steal the show |
| Source : Arab News |
| Date : 2013-06-19 |
| The Tadawul All-Share Index (TASI) continued its upward march, marking another gain of 0.84 percent yesterday. While curving in the upward territory throughout the day it added further 62.92 points,... |
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| Saudi Arabia's IPO subscriptions decline 53% in 6 months |
| Source : Arab News |
| Date : 2013-06-19 |
| The subscriptions to IPOs (initial public offerings) in the Saudi stock market dropped drastically during the year, according to a recent economic study.... |
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| Saudis may withdraw investments in Egypt |
| Source : Arab News |
| Date : 2013-06-19 |
| Abdullah bin Mahfouz, president of the Saudi Egyptian Business Council, said a number of Saudi investors in Egypt will be forced to withdraw their investments from Egypt, if solutions to... |
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| More sops for SMEs |
| Source : Oman Daily Observer |
| Date : 2013-06-19 |
| The Public Authority of Small and Medium-Sized Enterprises Development Board reviewed the decisions taken at SMEs development Symposium held at Saih al Shamikhat on January 21-23 and the steps taken... |
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| 25pc increase in non-oil exports |
| Source : Oman Daily Observer |
| Date : 2013-06-19 |
| Oman's non-oil exports has increased by 25 per cent in the last few months and is poised to grow further according to the Public Establishment for Industrial Estates (PEIE). "Oman's... |
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| RO 600m projects to boost tourism |
| Source : Oman Daily Observer |
| Date : 2013-06-19 |
| The investment by Oman Tourism Development Company (Omran) has reached RO 600 million and is spread over projects managed by the company in various governorates of the Sultanate.... |
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