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USD up against dinar at KD 0.284
Source : Kuwait News Agency  
Date : 2013-06-20
Exchange rate of the US dollar went up to KD 0.284, whereas the euro went down to KD 0.376, said the Central Bank of Kuwait (CBK) on Thursday....
KSE indices continue in green zone midday
Source : Kuwait News Agency  
Date : 2013-06-20
Kuwait Stock Exchange (KSE) indices were in green close to midday Thursday, with the weighted index gaining only 0.3 points, to reach 460.29, the price index also went up by...
Inflation in Oman at 1.1 per cent
Source : Oman Daily Observer  
Date : 2013-06-20
The inflation rate in Oman in April stood at 1.1 per cent compared to 2.9 per cent during April last year, according to statistics published by the National Centre for...
Iran approves foreign investment plans valued at $ 54m
Source : Tehran Times  
Date : 2013-06-20
Iran has approved foreign investment plans valued at $ 54 million, the deputy finance and economic affairs minister said on Wednesday....
UK Supreme Court votes to lift sanctions on Iranian bank
Source : Tehran Times  
Date : 2013-06-20
The UK Supreme Court has ruled in favor of Bank Mellat, Iran's largest private bank, in a result which will see it removed from the United Kingdom’s sanction list....
Flight returns after a snag
Source : Oman Daily Observer  
Date : 2013-06-20
Oman Air flight (WY3905) on Muscat-Salalah route which left at 18.25 hours returned to Muscat International Airport shortly at 18.30 hours on Monday after take-off following a damage to its...
150 die as floods, landslides hit India
Source : Oman Daily Observer  
Date : 2013-06-20
The Indian military was yesterday battling to rescue thousands of pilgrims and tourists stranded after floods and landslides in the north, and the prime minister warned the toll could be...
$1.3 billion for fisheries sector
Source : Oman Daily Observer  
Date : 2013-06-20
Oman has adopted a comprehensive development strategy since the 1970s aimed at diversifying national revenues through developing other sectors including fish and agriculture sectors instead of depending on oil alone....
Mining firm plans pvt sector's first underground foray
Source : Oman Daily Observer  
Date : 2013-06-20
Mawarid Mining LLC, the mining and exploration arm of the MB Group of Companies, hopes to become the first privately owned Omani mining firm to undertake underground mining operations in...
Abu Dhabi's GDP up 7.7% in 2012
Source : Emirates 24/7  
Date : 2013-06-20
Strong oil prices allied with an expansion in all non-hydrocarbon sectors boosted Abu Dhabi's GDP by 7.7 per cent in current prices in 2012, according to official data....
Zain Kuwait considers IT acquisitions to spur services
Source : Saudi Gazette  
Date : 2013-06-20
Kuwait mobile operator Zain will make acquisitions and partnerships in computer-based industries this year to exploit rising demand for data and help offset falling conventional call and text income, its...
Oil, gas sector strengthens UAE economy
Source : Gulf Today  
Date : 2013-06-20
The UAE planned to increase its crude oil production capacity to 3.5 million barrels per day (bpd) by 2017 to contribute to the stability of global markets and to ensure...
Bourse merger would have many benefits: UAE regulator
Source : The Peninsula  
Date : 2013-06-20
A potential merger between the two main stock exchanges of Dubai and Abu Dhabi would have “many advantages” for the country’s financial sector, the chief executive of the United Arab...
Agriculture & Food sector rises 0.72%
Source : Arab News  
Date : 2013-06-20
The contest between bulls and bears ended without any significant change at Saudi stock market yesterday as Tadawul index retreated to 7,526.26 points, which was roughly where it started the...
Emirates clinches 2013 'World’s Best Airline' Award, two others
Source : Saudi Gazette  
Date : 2013-06-20
Cementing its place as one of the world's leading international airlines, Emirates on Tuesday has been awarded the highly coveted 'World's Best Airline’ award, presented by Skytrax at the 2013...
Citymax unveils its 13th store in Jeddah
Source : Saudi Gazette  
Date : 2013-06-20
CITYMAX, the leading value fashion brand in Saudi Arabia, has officially opened a brand new store at the Flamingo Mall, Jeddah....
Etihad Airways & Taleris in 'intelligent operations'
Source : Saudi Gazette  
Date : 2013-06-20
ETIHAD Airways, the national carrier of the United Arab Emirates, has entered into an agreement with global technology company Taleris to launch groundbreaking new technology which can help predict potential...
L'azurde unveils new diamond exchange policy
Source : Saudi Gazette  
Date : 2013-06-20
L’azurde, the world’s leading gold and diamond group, unveiled its new diamond exchange policy as a result of their continuing efforts to meet the needs of their customers....
PAIPED launches Trade-Up series
Source : Oman Daily Observer  
Date : 2013-06-20
The Public Authority for Investment Promotion and Export Development (PAIPED) is planning a series of 'Trade Up' seminars designed to equip Omani businesses with specialist skills essential for entering today's...
IDA briefs eGov master plan, policies
Source : Oman Daily Observer  
Date : 2013-06-20
On the third day of the ongoing 5-day Infocomm Media Business Exchange 2013 (imbx), Asia's largest ICT event, members of the international media were given briefings by senior Infocomm Development...
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