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Ministry rules out unifying prices of commodities
Source : The Peninsula  
Date : 2014-10-24
The Ministry of Economy and Commerce has ruled out the possibility of unifying prices of commodities in the local market, saying price variations are not something unusual....
Aramco gives pipeline contract to SEPCO
Source : Arab News  
Date : 2014-10-24
Saudi Aramco has contracted a Chinese group for a project to help expand the capacity of the main gas pipeline across Saudi Arabia, which dates back to the 1970s, aiming...
KFH net profit hits $122.7m
Source : Gulf Daily News  
Date : 2014-10-24
Kuwait Finance House (KFH), the country's biggest Islamic lender, reported a 10 per cent fall in third-quarter net profit yesterday, in line with analysts' forecasts....
Amanat meets UAE's leading brokers at DFM
Source : Gulf Today  
Date : 2014-10-24
Amanat Holdings (Amanat), a public joint stock company under incorporation, hosted an awareness session at the Dubai Financial Market (DFM) with approximately 30 of the UAE’s leading brokers as part...
Switzerland keen to boost exports to UAE: Mayor
Source : Khaleej Times  
Date : 2014-10-24
Kamal Vachani, group director, Al Maya Group, on Wednesday welcomed Laurent Wehrli, Mayor of Montreux, Switzerland, at the group’s supermarket at Murooj Complex in Dubai....
Attraction of private sector investment for Shahid Rajaei Port
Source : Islamic Republic News Agency  
Date : 2014-10-24
An official at Hormuzgan Ports and Maritime General Department said attraction of over 10 thousand billion rials in investment from the private sector by the yearend (March 20, 2015) has...
Boeing back to business in Iran
Source : Islamic Republic News Agency  
Date : 2014-10-24
Boeing said on Wednesday it had sold aircraft-related goods to Iran Air in the third quarter, marking the first acknowledged dealings between U.S. aerospace companies and Iran since the 1979...
Branding services in Kuwait
Source : Kuwait Times  
Date : 2014-10-24
The Kuwaiti market is small and extremely competitive. Success is possible, but only for those who know how to brand their products to survive and succeed. In Kuwait, most large...
Flying high
Source : Khaleej Times  
Date : 2014-10-24
India's air transport industry had been dominated by state-owned monopolies, but after the government opened up the sector a few years ago, there has been a sea-change....
Abu Dhabi wins bid to host World Energy Congress in 2019
Source : Khaleej Times  
Date : 2014-10-24
The WEC chairman reiterated that Abu Dhabi’s win confirms that the country enjoys the respect of the world and that its relations with other countries are balanced and strong....
EI records 83% surge in Q3 profit
Source : Khaleej Times  
Date : 2014-10-24
Emirates Islamic, or EI, one of the leading Islamic financial institutions in the region, announced an 83 per cent increase in net profit for the YTD third quarter of...
RakBank posts Dh1.1b net profit for 9 months
Source : Khaleej Times  
Date : 2014-10-24
RakBank recorded a net profit of Dh1.1 billion for the nine months ended 30 September 2014 compared to Dh1.14 billion for the same 2013 period....
UAE takes part in 45th GCC committee meeting
Source : Khaleej Times  
Date : 2014-10-24
The UAE, represented by the Ministry of Finance, or MoF, participated on Thursday in the 45th meeting of the GCC Committee for Undersecretaries of Ministries of Finance and Economy....
Higher sales push Tabreed's earnings up 21% at Dh244m
Source : Khaleej Times  
Date : 2014-10-24
Abu Dhabi’s cooling company Tabreed earnings jumped 21 per cent to Dh244 million in the nine month period of the year. Revenues increased by five per cent to Dh870 million...
Malabar Gold opens new outlet at Arabian Centre
Source : Khaleej Times  
Date : 2014-10-24
Its 121st showroom in Arabian Centre was jointly inaugurated by Yaqoob Al Ali — senior manager, Dubai Customs and Laila Al Maqbali, actress and presenter — Sama Dubai TV...
ME equity issuance totals $5.1 billion in nine months
Source : Khaleej Times  
Date : 2014-10-24
Equity and equity-related issuance in the Middle East during the first nine months of 2014 surged 43 per cent to $5.1 billion as debt issuance edged up five per cent...
Kuwait to host GCC central bank chiefs on Friday
Source : Kuwait News Agency  
Date : 2014-10-24
Kuwait is set to host on Friday the 60th meeting of the Committee of Governors of Monetary Agencies and Central Banks in the Gulf Cooperation Council (GCC) member states....
S&P reaffirms Nakilat rating at 'AA-' with stable outlook
Source : Gulf Times  
Date : 2014-10-24
Rating agency Standard & Poor's (S&P) has reaffirmed Nakilat's corporate credit rating at 'AA-' with a stable outlook....
Yemen, WFP discuss food security support
Source : Yemen News Agency  
Date : 2014-10-24
Minister of Planning and International Cooperation Mohamed al-Saadi discussed on Thursday with the World Food Programme (WFP) Regional Director Mohamed Diab the cooperation between Yemen and the programme....
Qafco to seek profit in niche fertiliser products: CEO
Source : Gulf Times  
Date : 2014-10-24
Qatar Fertiliser Co (Qafco) plans to launch niche production of environmentally friendly fertilisers to meet rising demand in Western markets, the firm’s chief executive said yesterday....
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