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| Gulf wealth funds opting for private equity investments |
| Source : Arab News |
| Date : 2013-05-21 |
| Sovereign wealth funds in the Gulf region are raising their allocations to private equity investments at a faster rate than other types of investment, US fund manager Invesco says in... |
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| APICORP posts record profits; seeks new ventures |
| Source : Arab News |
| Date : 2013-05-21 |
| The Arab Petroleum Investments Corporation (APICORP) has announced net profits of $ 109 million for 2012, the highest in the organization's 37-year history.... |
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| KSA to import record high diesel volumes for summer |
| Source : Arab News |
| Date : 2013-05-21 |
| Saudi Arabia will import near record high diesel volumes this summer, as it gears up to beat the sweltering heat and meet rising travel needs during the fasting month of... |
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| Tadawul index advances slightly |
| Source : Arab News |
| Date : 2013-05-21 |
| The Saudi stock market sustained its upward march yesterday, closing the fourth consecutive session with balmy gains (+7.02 points).... |
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| Malaysia seeks new channels for KSA trade |
| Source : Arab News |
| Date : 2013-05-21 |
| The Consulate General of Malaysia Commercial section (MATRADE Jeddah) in collaboration with Council of Saudi Chambers (CSC) and Jeddah Chamber of Commerce (JCCI) organized a meeting between Saudi businessmen and... |
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| KACST, Saudi Aramco to discuss model incubator in Eastern Province |
| Source : Arab News |
| Date : 2013-05-21 |
| The King Abdulaziz City for Science and Technology (KACST) and Saudi Aramco will jointly hold a workshop in Dhahran June 6 to discuss development of a specialized incubator for advanced... |
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| Nael Fayez: SR 2,400 expat fee will weed out unskilled labor |
| Source : Arab News |
| Date : 2013-05-21 |
| The robust Saudi economy is passing through a unique phase providing innumerable opportunities for the first time in history.... |
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| Iran's medicine imports fall by 54 percent |
| Source : Tehran Times |
| Date : 2013-05-21 |
| Iran imported $ 34.2 million worth of medicine in the first Iranian calendar month of Farvardin (March 21-April 20), down 54.7 percent year on year, ISNA reported.
Medicine imports were decreased... |
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| Iran acquires technology to build small refineries costing about $30m |
| Source : Tehran Times |
| Date : 2013-05-21 |
| Iran has acquired the technology for bulding small oil refineries, which cost $30-40 million, the Fars News Agency reported.... |
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| National Water Company to invest SR 50 bn in new projects |
| Source : Arab News |
| Date : 2013-05-21 |
| The power and water sectors are experiencing a massive boom in Saudi Arabia, according to Abdulrahman Almutari, head of privatization at the National Water Company (NWC).... |
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| Yemen oil exports rose 14% |
| Source : Arab News |
| Date : 2013-05-21 |
| Yemen's oil export volumes rose 14 percent in the first quarter of 2013, earning the government $ 35 million more than in the same period of 2012, according to data... |
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| Rising liquidity 'set to generate greater credit' |
| Source : Gulf Times |
| Date : 2013-05-21 |
| Improving liquidity and enhanced economic activities are set to generate greater demand for credit in the country with the country's banking sector estimated to see growth in loan disbursement of... |
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| Oman's GDP grew by 5% in 2012 |
| Source : Arab News |
| Date : 2013-05-21 |
| Oman's real GDP expanded steadily over the past few years, with an estimated growth rate of 5.0 percent in 2012, which was lower than government's target of 7.0 percent and... |
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| UAE sees capital influx |
| Source : Khaleej Times |
| Date : 2013-05-21 |
| Ideal local investment opportunities and political stability have triggered an increased inflow of private capital, mostly from India, Russia and China, into the UAE, a study by Invesco shows.... |
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| Call for authority to regulate Saudi real estate market |
| Source : Arab News |
| Date : 2013-05-21 |
| The two-day Saudi International Real Estate Conference (SIRC 3), organized by the National Real Estate Commission of Council of Saudi Chambers (CSC) in collaboration with a group of economists and... |
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| Kuwaiti MPs warn govt over oil appointments |
| Source : Kuwait Times |
| Date : 2013-05-20 |
| A number of MPs yesterday warned the government against what they called "rushed" appointments in the oil sector after the government reshuffled leading posts in the vital sector amid a... |
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| Yemen partakes in 2nd meeting of DGCA-MID in Jeddah |
| Source : Yemen News Agency |
| Date : 2013-05-20 |
| Yemen is to partake in the 2nd meeting of the Directors General of Civil Aviation - Middle East Region (DGCA-MID /2), which is held in Jeddah ,Saudi Arabia during (... |
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| Yemen's foreign currency reserves step up in March: CBY |
| Source : Yemen News Agency |
| Date : 2013-05-20 |
| Yemen's foreign currency reserves stepped up in March 2013 compared to last February, the Central Bank of Yemen (CBY) has said.... |
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| MoU on technical education signed |
| Source : Oman Daily Observer |
| Date : 2013-05-20 |
| The Ministry of Manpower, represented by the Higher College of Technology, signed at Grand Hayatt Muscat Hotel yesterday a memorandum of understanding (MoU) with the Republic of Singapore in technical... |
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| Forum to map out tourism strategies |
| Source : Gulf Daily News |
| Date : 2013-05-20 |
| Representatives of Arab countries are meeting in Manama to map out strategies to woo tourists to a region hit by political upheaval.... |
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