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Iran's power generation capacity to reach 80,000 MW
Source : Tehran Times  
Date : 2016-08-24
With 12 new power plant construction projects inaugurated in the Government Week (August 23-29), Iran's nominal electricity generation capacity will reach 80,000 megawatts (MW) in near future, Mehr news agency...
Iran's non-oil trade exceeds $35.8b in 5 months
Source : Tehran Times  
Date : 2016-08-24
Iran's non-oil trade during the first five months of the current Iranian calendar year (March 20-August 21, 2016) amounted to $35.817 billion, according to the Iran Customs Administration....
Rezidor to open 3 new hotels in UAE
Source : tradearabia  
Date : 2016-08-24
Rezidor, a leading hotel companies worldwide and part of the Carlson Rezidor Hotel Group, has announced the signing of three new properties in the UAE....
Qatar buys stake in Empire State Building
Source : The Peninsula  
Date : 2016-08-24
Qatar Investment Authority, the Middle Eastern country's sovereign wealth fund, bought a near 10 percent interest in Empire State Realty Trust, owner of New York's Empire State Building, as it...
Kuwait index ticks up after four-day decline
Source : Arab Times  
Date : 2016-08-24
Kuwait stocks nudged higher on Tuesday stemming the four-day retreat. The key index rose 5.66 pts in listless trading to 5,448.86 points helped by renewed buying in select counters. The...
KFAED signs $138m deal with Bahrain
Source : Arab Times  
Date : 2016-08-24
The Kuwait Fund for Arab Economic Development (KFAED) signed Tuesday a $138 million agreement with the Bahraini government to fund development projects in the GCC country....
Oman issues tenders worth OMR15m
Source : Times of Oman  
Date : 2016-08-24
A tender of Government Treasury Bills, issue number 565 was held at the Central Bank of Oman (CBO) this week....
Muscat bourse suspends trading in Galfar shares
Source : Times of Oman  
Date : 2016-08-24
Muscat Securities Market (MSM) on Tuesday suspended trading in Galfar Engineering and Contracting Company shares in view of lack of full details about the arbitration award disclosure....
ADGM sets up regulatory collaboration to enhance financial framework
Source : Gulf Today  
Date : 2016-08-24
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) and the Dubai Financial Services Authority (DFSA) on Tuesday signed a Memorandum of Understanding (MoU) to strengthen mutual...
WFES to showcase clean energy solutions
Source : Gulf Today  
Date : 2016-08-24
With the cost of solar energy plummeting, the World Future Energy Summit 2017 (WFES) will showcase an unprecedented range of financially profitable clean energy solutions, opening up opportunities for green...
UAE joins Advisory Centre on WTO Law
Source : Gulf Today  
Date : 2016-08-24
The United Arab Emirates has become the 33rd developing country member of the WTO to join the Advisory Centre on WTO Law (ACWL) after the Federal Cabinet's approval - upon...
Abu Dhabi Airports passenger traffic up
Source : Gulf Today  
Date : 2016-08-24
Abu Dhabi Airports on Tuesday released July 2016 passenger figures, which marked an increase by 7.9 per cent at Abu Dhabi International Airport (AUH), compared to the same month last...
CMA's instructions on allocation method in IPOs start Jan. 1, 2017
Source : Saudi Gazette  
Date : 2016-08-24
The Saudi Capital Market Authority (CMA)'s instructions that organizes book building process and allocation method in IPOs will take effect starting January 1, 2017....
UAE residents opt for short luxury vacations
Source : Khaleej Times  
Date : 2016-08-24
Easily accessible destinations and short luxury trips are the top vacation choice for many UAE residents as the summer months wind down, Preferred Hotels & Resorts has found....
Rental yields remain impressive in Dubai, Abu Dhabi
Source : Khaleej Times  
Date : 2016-08-24
With the year moving beyond the first half, figures released by the Dubai Land Department (DLD) depict healthy activity currently under way in Dubai....
Jumeirah Golf Estates in sync with market needs
Source : Khaleej Times  
Date : 2016-08-24
When your land parcel spans a mammoth 1,119 hectares, you can phase out development based on market demand....
Enabling works under way at Saadiyat residential district
Source : Khaleej Times  
Date : 2016-08-24
Enabling work is under way for phase one of the Saadiyat Lagoons District....
New GCC regulations set to strengthen capital markets
Source : Arab News  
Date : 2016-08-24
The MENA region witnessed six IPOs in Q2 2016, collectively raising $397.2 million, a 40 percent decrease in volume and 81 percent decrease in value compared to Q1, 2016....
Tadawul falls 0.2%: Gainers slightly outnumber losers
Source : Arab News  
Date : 2016-08-24
Most major Gulf stock markets fell on Tuesday after Brent crude oil dropped back below $49 a barrel, but most closed well off their lows as investors bought blue chips...
Profits of listed transport firms up 30 percent to SR1.67 billion in H1
Source : Arab News  
Date : 2016-08-24
Net profits of listed transport companies grew by 30 percent to SR1.67 billion in the first half of the current year, compared to SR1.28 billion in the same period last...
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