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Barwa Bank posts QR412m net profit in first half
Source : The Peninsula  
Date : 2015-08-02
Barwa Bank's net profit for the first half of 2015 (H1, 2015) stood at QR412m for the period. The bank's earnings per share rose to QR1.39 in H1, 2015, compared...
SCH to host global medical and healthcare exhibition in December
Source : The Peninsula  
Date : 2015-08-02
Over 100 national and international corporates and companies will participate in Qatar International Medical Devices & Healthcare Exhibition in December....
Focus on infrastructure differs in GCC states - Report
Source : Kuwait News Agency  
Date : 2015-08-02
The Gulf Cooperation Council (GCC) member states are very similar in many aspects, such as income levels or oil dependency. However, differences are striking in some other aspects, a report...
DP World reports 4.1% like-for-like gross volume growth
Source : Gulf Today  
Date : 2015-08-02
DP World Limited handled 30.6 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during the first half of 2015, with gross container volumes growing by 4.1...
DLD reports Dhs129 billion real estate transactions in H1
Source : Gulf Today  
Date : 2015-08-02
The total amount of real estate transactions recorded by the Dubai Land Department (DLD) during the first half of 2015 reached Dhs129 billion, through 23 thousand transaction, annual report issued...
DIEDC spotlights modest fashion in Italy
Source : Gulf Today  
Date : 2015-08-02
The Italian city of Turin hosted leading Islamic and modest fashion brands at a one-day roundtable that addressed critical key challenges and opportunities in the global Islamic economy sector....
Dubai Investments net profit subdued
Source : Saudi Gazette  
Date : 2015-08-02
Dubai Investments PJSC [DI], the leading investment Company listed on the Dubai Financial Market [DFM], announced net profit of AED 506 million for the six months period ended June 30,...
STC operating profit logs 13% growth in H1 2015
Source : Saudi Gazette  
Date : 2015-08-02
Saudi Telecom Company (STC) reported net income of over SR5 billion in the first half of 2015 ending June 30, with 13% growth in operating profit....
Dust storm envelops Riyadh, flights from KKIA diverted
Source : Saudi Gazette  
Date : 2015-08-02
A severe dust storm is sweeping the northern and eastern parts of Riyadh, causing disruption of life in the capital....
168 municipal contracts worth over SR1b approved
Source : Saudi Gazette  
Date : 2015-08-02
Minister of Municipal and Rural Affairs Abdullateef Al-Asheikh has approved contracts worth SR1.059 billion to implement 168 municipal projects in 14 governorates, the Saudi Press Agency reported on Saturday....
Viral disease threatens livestock in Al-Ahsa
Source : Arab News  
Date : 2015-08-02
An outbreak of lumpy skin disease (LSD) has been discovered in cattle in Al-Ahsa which is an area with many cows. All necessary measures have been taken to protect the...
Iqama woes as cheap insurance not available
Source : Arab News  
Date : 2015-08-02
Many sponsors and workers of small companies are struggling to get a comparatively cheaper health cover for renewal of iqama (residential permit) as the insurance companies have stopped issuing the...
Abu Dhabi residential rentals rise by over 1%
Source : Saudi Gazette  
Date : 2015-08-02
Since Q2 2013, average residential rentals in Abu Dhabi have seen sustained growth and during the quarter this trend continued with just over 1% increase, according to the Q2 2015...
Iran plans to purchase 90 aircraft annually
Source : TradeArabia  
Date : 2015-08-02
Iran plans to buy as many as 90 planes per year from Boeing and Airbus to revamp its antiquated fleet once Western sanctions are lifted, its state news agency IRNA...
GCC 'pumping billions into global real estate'
Source : TradeArabia  
Date : 2015-08-02
Billions of dollars of investment emanating from the GCC and Muslim jurisdictions are increasingly seeking Shariah compliant investment opportunities in key global real estate markets, said organisers of an upcoming...
Oman swings to $3.9bn deficit in Jan-May
Source : TradeArabia  
Date : 2015-08-02
Oman posted a budget deficit of RO1.50 billion ($3.90 billion) in the first five months of this year, swinging from a RO232.9 million surplus a year earlier....
Saudi cbank curbs credit card cash withdrawals
Source : TradeArabia  
Date : 2015-08-02
Saudi Arabia's central bank has tightened restrictions on cash withdrawals from banks using credit cards in an effort to head off any consumer debt problems....
Emirati women prefer banking jobs, says study
Source : Khaleej Times  
Date : 2015-08-02
The survey also found that Emirati males were more likely to work in defence and security (52 per cent)....
Iran vows 500 bpd rise in oil output
Source : Kuwait News Agency  
Date : 2015-08-02
Iran's Oil Minister Bijan Namdar Zangeneh said Iran could hike its oil production by 500,000 barrels per day (bpd) within a week immediately after lifting international curbs against the nation....
Learning to pay more for gasoline
Source : Arab News  
Date : 2015-08-02
The move by the United Arab Emirates to raise the price of gasoline at the pump by 24 percent from Aug. 1 was a brave one and is a sign...
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