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Key topics discussed at ME Investment Conference
Source : Gulf Today  
Date : 2017-02-25
The Mena region's finance elite converged on Abu Dhabi on Friday to discuss the region’s role in the global economy and international factors shaping the region's investment landscape....
Investment-friendly Indian budget lauded
Source : Saudi Gazette  
Date : 2017-02-25
Indian Consul General Md. Noor Rahman Sheikh, while inaugurating the recent session on Indian Budget 2017-Advantage Investment at the consulate premises, highlighted the advantages to Foreign Direct Investors and the...
UAE's affluent investors cautiously optimistic
Source : Khaleej Times  
Date : 2017-02-25
First Gulf Bank (FGB) has announced the latest score of its Wealth Sentiment Index, which has increased from 1,017.41 in January to 1,020.52 in February - up 0.31 per cent...
Dubai realty market gains momentum
Source : Gulf Today  
Date : 2017-02-25
The fortunes of the Middle Eastern port city's realty sector are looking to change this year as real estate developers initiate mega projects in anticipation of World Expo 2020....
Opec compliance with output cut set to grow further
Source : The Peninsula  
Date : 2017-02-25
Opec has so far surprised the market by showing record compliance with oil-output curbs and could do so further in coming months as the biggest laggards - the United Arab...
Dubai group KBW launches Islamic real estate fund
Source : TradeArabia  
Date : 2017-02-25
KBW Investments, a UAE-based portfolio group active in key sectors including construction, manufacturing and engineering, has announced the launch of Crestmount Capital, its premier flagship Sharia-compliant real estate investment fund...
Over $4b of facilities granted to industrial sector
Source : Tehran Times  
Date : 2017-02-25
Since the beginning of the current Iranian calendar year (March 20, 2016), some 153 trillion rials of facilities (about $4.04 billion) has been paid to domestic industrial sector, Iranian deputy...
Boosting economic bonds with Iran top priority
Source : Tehran Times  
Date : 2017-02-25
Azerbaijan has expansion of economic ties with Iran among its top priorities, Minister of Economic Development of Azerbaijan Shahin Mustafayev avowed in Iran-Azerbaijan joint business forum held in Urmia, the...
Newly-found mineral reserves to reach 1.078b tons by Mar. 20
Source : Tehran Times  
Date : 2017-02-25
The annual amount of newly-found mineral reserves in Iran will reach 1.078 billion tons by the end of the current Iranian calendar year (March 20, 2017), IRNA quoted Asadollah Keshavarz,...
Mirbat Beach Project named Oman's latest Integrated Tourism Complex
Source : Oman Daily Observer  
Date : 2017-02-25
Dhofar Tourism Company's (DTC) Mirbat Beach Project, a mixed-use residential, tourism and leisure development planned on Dhofar's Mirbat coast, has been granted the coveted status of an 'Integrated Tourism Complex'...
GCC identified as major contributor to tourism
Source : Gulf Today  
Date : 2017-02-25
The World Tourism Forum (WTF) 2017, which took place last week in Istanbul, wrapped up its Global Meeting for this year with the participation of leading tourism experts from the...
Qatar Re reports 8% growth year-on-year in gross written premium to $1.25bn
Source : Gulf Times  
Date : 2017-02-25
Qatar Re, whose short-term outlook remains "cautiously optimistic", has reported an 8% growth year-on-year in gross written premium (GWP) to $1.25bn in 2016 despite sharp depreciation of the British pound....
Saudi's $2tn Aramco vision runs into market reality
Source : Gulf Times  
Date : 2017-02-25
Saudi Arabia has said oil giant Saudi Aramco is worth more than $2tn, enough to consume Apple Inc twice, and still have room for Google parent Alphabet Inc....
Exports of oil products hit unprecedented 450,000 bpd
Source : Tehran Times  
Date : 2017-02-25
Iran has exported 450,000 barrels per day (bpd) of oil products for the first time on average during the current Iranian calendar year, ending March 20, 2017, IRNA quoted an...
Voluntary health insurance scheme for teachers launched
Source : Arab News  
Date : 2017-02-24
Minister of Education Ahmed Al-Isa said on Thursday that a new voluntary health insurance initiative comes at a time when medical insurance is now a basic necessity for employees and...
Saudi Arabia leads educational renaissance process in GCC: Saudi minister
Source : Arab News  
Date : 2017-02-24
Investors were urged Wednesday to stimulate economic change and work to enhance the labor market during the 6th Gulf Education Conference and Exhibition....
World's envy, UAE's pride: LuLu, Majid Al Futtaim
Source : Khaleej Times  
Date : 2017-02-24
Three retailers from the GCC, including the UAE's Lulu Group International and Majid Al Futtaim Holding, ranked among the top 250 global retailers whose combined revenues reached $4.31 trillion in...
Muscat Securities Market loses 17 points
Source : Times of Oman  
Date : 2017-02-24
Muscat Securities Market (MSM) general index (30) on Thursday lost (17.9) points, comprising a decline by (0.31%) to close at (5849.52) points, compared to the last session, which stood at...
Saudia Cargo gets a lift in ACA 2017
Source : Saudi Gazette  
Date : 2017-02-24
AIR Cargo Africa 2017 kicked off in Johannesburg recently with South African Member of Executive Council for Roads & Transport Dr. Ismail Vadi being the guest of honor....
UAE capable of meeting demand for steel
Source : Gulf Today  
Date : 2017-02-24
The UAE is self-sufficient to cater to the current demand of 3.5 to 4 million tonnes of steel annually," said Bharat Bhatia, CEO of Conares, the second largest private steel...
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