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Why Dubai firms are upbeat on Q3
Source : Khaleej Times  
Date : 2017-07-26
Business leaders in Dubai are more upbeat about their expectations of business conditions and business confidence in the third quarter of 2017, according to a new survey conducted by the...
Saudi Arabia raises $4.53bn in oversubscribed bond issue
Source : Saudi Gazette  
Date : 2017-07-26
Saudi Arabia has raised $4.53 billion from a local Islamic bond issue that was three times oversubscribed, it said Tuesday as it battles a budget deficit caused by low oil...
Corporate earnings weigh on Saudi stocks
Source : Saudi Gazette  
Date : 2017-07-26
Poor corporate earnings, due in part to Saudi Arabia's austerity policies and sluggish economic growth, weighed on the Saudi stock market on Tuesday as most regional bourses were virtually flat....
GCC's diversification to lessen vulnerability due to sharp drop in oil prices
Source : Saudi Gazette  
Date : 2017-07-26
The Gulf Cooperation Council (GCC) countries of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and Abu Dhabi (a member of the United Arab Emirates) currently benefit from sizable hydrocarbon resources, at...
Abu Dhabi inflation up 2.1% in first six months
Source : Arab News  
Date : 2017-07-26
Consumer prices in Abu Dhabi rose during the first half of the year as higher costs of housing and utilities particularly in the city pushed the inflation index higher....
Dubai's DP World sees no 'material impact' from Qatar boycott
Source : Arab News  
Date : 2017-07-26
DP World gross container volumes jumped in the second quarter as its regional operations shrugged off the impact of disruption to cargo shipments to Qatar....
94% of those registered in mobile application transport are Saudis
Source : Saudi Gazette  
Date : 2017-07-26
The Ministry of Transport has said that 94 percent of those registered in mobile applications transportation services are Saudi nationals....
Low cost Haj registration a test of patience
Source : Saudi Gazette  
Date : 2017-07-26
Online booking for low cost Haj has been proving to be a test of patience for intending domestic pilgrims....
Pilgrims arrive in Saudi Arabia as Hajj Ministry completes preparations
Source : Arab News  
Date : 2017-07-26
The Ministry of Hajj and Umrah announced that pilgrims have started arriving in the Kingdom via land, air and sea ports....
Expo 2020 ropes in Accenture for mega event
Source : Gulf Today  
Date : 2017-07-26
Expo 2020 Dubai is teaming up with leading global professional services company Accenture to create a powerful and engaging digital experience for millions of visitors from around the world, from...
GCC non-oil sector expected to grow 2.6% in 2017
Source : The Peninsula  
Date : 2017-07-26
The acceleration of global trade in the first half of 2017 is expected to be felt unevenly across GCC economies and will probably see the region's GDP growth easing to...
Iran eyes development of Caspian oilfields
Source : TradeArabia  
Date : 2017-07-26
Iran is holding meetings with companies in the fields of drilling and exploration of oil and gas from Russia, Norway and China to consider cooperation opportunity in developmental activities in...
UAE, Japan discuss economic and trade relations
Source : Gulf Today  
Date : 2017-07-26
Abdullah Al Saleh, the Ministry of Economy's Under-Secretary for Foreign Trade and Industry, discussed various means of developing economic and trade co-operation with Japan during a meeting with Yasushi Akahoshi,...
Qatar GDP set to expand as outlook brightens
Source : The Peninsula  
Date : 2017-07-26
Driven by higher oil and gas output coupled with further expansion in the construction and transportation sectors, Qatar's growth is expected to pick up to 2.5 percent in 2017 from...
Oil extends gains as Saudi Arabia pledges export curbs
Source : Arab News  
Date : 2017-07-26
Oil prices extended gains on Tuesday after Saudi Arabia pledged to curb exports from next month and Organization of the Petroleum Exporting Countries (OPEC) called on several members to boost...
Alstom inks joint venture deal with Iran's IDRO, IRICO
Source : Tehran Times  
Date : 2017-07-25
French multinational rail transport company Alstom signed a deal with the Industrial Development and Renovation Organization of Iran (IDRO) and Iran Khodro Rail Transport Industries Company (IRICO) in Tehran on...
Iran-Thailand business forum held
Source : Tehran Times  
Date : 2017-07-25
Iran-Thailand business forum was held on Monday at the place of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) in Tehran, IRNA reported....
China to provide $1.5b finance for Iran railway project
Source : Tehran Times  
Date : 2017-07-25
China's Exim Bank (the Export-Import Bank of China) penned a contract with Iran's Bank of Industry and Mine to finance $1.5 billion for signaling of Tehran-Mashhad railroad, IRIB news reported....
$1bn Bahrain medical city project makes headway
Source : TradeArabia  
Date : 2017-07-25
Bahrain's Ministry of Works, Municipalities Affairs and Urban Planning will be carrying out the infrastructure works for the $1-billion King Abdullah Medical City, a massive healthcare project coming up in...
Saudi economic pain tests crown prince's resolve for the change
Source : Gulf Times  
Date : 2017-07-25
Saudi Arabia's drive to reduce the economy's reliance on oil has hit a snag: its reliance on oil....
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