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| DFM welcomes MSCI decision to upgrade UAE markets |
| Source : Khaleej Times |
| Date : 2013-06-13 |
| Dubai Financial Market (DFM) welcomed the upgrade of UAE markets to the “emerging markets” category under the annual periodic review for the classification of global markets by Morgan Stanley Capital... |
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| New market platform to push 6.6% hike in Saudi Arabia's IT spending |
| Source : Saudi Gazette |
| Date : 2013-06-13 |
| Saudi Arabia is on track to remain the Gulf's biggest IT market this year, with IT spending projected to increase by 6.6. percent to SR15.3 billion.... |
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| Real estate sector advances 1.2% |
| Source : Arab News |
| Date : 2013-06-13 |
| The Saudi stock market was in the green yesterday, reversing after a 3-day plunge and gaining 0.54 percent for the day.... |
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| Jeddah's unique food carnival launched |
| Source : Saudi Gazette |
| Date : 2013-06-13 |
| The Jeddah Summer Festival 2013 “Jeddah Gheir “ has launched a unique food carnival at the Courtyard Tuesday in a bid to further promote and popularize both Saudi and various... |
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| Zain Saudi Arabia participates in World Blood Donor Day |
| Source : Saudi Gazette |
| Date : 2013-06-13 |
| Zain KSA was honored by King Faisal Specialist Hospital in Riyadh for supporting various awareness campaigns held by the hospital, including the current blood donation campaign, which witnessed a blood... |
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| RCJY, Al Faisaliah Group sign contract for Jubail 1 |
| Source : Saudi Gazette |
| Date : 2013-06-13 |
| Prince Saud Bin Abdullah Bin Thunayan Al-Saud, Chairman of the Royal Commission for Jubail and Yanbu and Prince Mohammed Bin Khalid Al-Abdullah Al-Faisal, CEO of Al Faisaliah Group signed a... |
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| Kuwait invites bids for first solar energy project |
| Source : Saudi Gazette |
| Date : 2013-06-13 |
| Kuwait invited bids Wednesday to build a solar farm to produce 70 megawatts of electricity by 2016, the first phase of a plan to generate 2,000 megawatts from renewables in... |
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| Oman needs to slash spending to keep budget sustainable: IMF |
| Source : Saudi Gazette |
| Date : 2013-06-13 |
| Oman needs to contain state spending and raise non-oil revenue in the medium term to keep its fiscal balance sustainable, the International Monetary Fund said Wednesday.... |
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| TRACCS diversifies into communications training |
| Source : Saudi Gazette |
| Date : 2013-06-13 |
| TRACCS, one of the region’s leading and largest public relations networks, has diversified its offering with the introduction of a dedicated communications training division, ENRICH powered by TRACCS.... |
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| LuLu 'Filipino Food Festival 2013' rolls out |
| Source : Saudi Gazette |
| Date : 2013-06-13 |
| Lulu Hypermarkets, Saudi Arabia is hosting a 10-day Philippine Food Festival which started yesterday (Wednesday) in cooperation with the Philippine Embassy in the Kingdom.... |
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| Dedicated staff behind Arabian Oud's success |
| Source : Saudi Gazette |
| Date : 2013-06-13 |
| In line with its continuing commitment to strengthen corporate excellence and promote a culture of innovation and creativity, Arabian Oud, the largest specialized perfume retailer in the world and the... |
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| Oman's 2013 economic outlook strong |
| Source : Oman Daily Observer |
| Date : 2013-06-13 |
| Oman's economic outlook for 2013 remains strong, the International Monetary Fund (IMF) said in a statement issued here yesterday. But the world body underlined the importance of, among other things,... |
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| Panel discusses Majlis Ash'shura draft budget for 2014 |
| Source : Oman Daily Observer |
| Date : 2013-06-13 |
| The Economic and Financial Committee at the Majlis Ash'shura yesterday held its 20th regular meeting under the chairmanship of Salayum bin Ali al Hakamani, Head of the Committee. The meeting... |
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| State Council committee elicits expert views on health issues |
| Source : Oman Daily Observer |
| Date : 2013-06-13 |
| The Social Committee at the State Council yesterday held its 9th meeting of the 2nd annual sitting of the 5th term under the chairmanship of Dr Shaikha bint Salim al... |
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| Electricity, Sweet Simplicity |
| Source : Kuwait Times |
| Date : 2013-06-13 |
| Electricity, electricity, sweet simplicity. This ad slogan is stuck in my mind since the good old days in London. Whenever I used to turn on some of the local channels,... |
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| Renawble energy will save 15pct of Kuwait''s oil in 2030 |
| Source : Kuwait News Agency |
| Date : 2013-06-13 |
| Kuwait is set to run several renewable energy projects to save about 15 percent of the petrol and gas used to generate electricity by 2030.... |
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| Gulf currency shifts likely: QCB governor |
| Source : The Peninsula |
| Date : 2013-06-13 |
| A statement on foreign exchange policy by Qatar's Central Bank governor has struck a nerve in financial markets across the Gulf, reminding investors that decades of currency stability will not... |
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| MSCI status lifts UAE bourses |
| Source : Khaleej Times |
| Date : 2013-06-13 |
| Bulls lifted UAE stock markets to new levels on Wednesday after an upgrade to emerging market status by Morgan Stanley Capital International (MSCI).... |
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| Fitch affirms ratings of 11 Saudi banks |
| Source : Arab News |
| Date : 2013-06-13 |
| Fitch Ratings has affirmed 11 Saudi Arabian banks as part of a peer review of the Saudi banking sector.... |
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| South Korea urged to take part in $ 2.54 trillion GCC projects |
| Source : Arab News |
| Date : 2013-06-13 |
| The Federation of GCC Chambers have called upon South Korea to make use of the huge investment prospects worth $ 2.54 trillion in the GCC countries, especially in the... |
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