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Kazakh Airline starts Tehran-Astana flights
Source : Islamic Republic News Agency  
Date : 2016-07-01
'With the beginning of Air Astana flights to Imam Khomeini Airport, the number of foreign airlines operating in Imam Khomeini International Airport increased to 41,' Deputy Head of Imam Khomeini...
QSE gains marginally on robust buying
Source : Gulf Times  
Date : 2016-07-01
Robust buying support of foreign and Gulf institutions was to a great extent contained by strong selling pressure of domestic institutions and non-Qatari individuals that the Qatar Stock Exchange managed...
Kuwait stocks drop in slightly volatile trade
Source : Arab Times  
Date : 2016-07-01
Kuwait stocks declined on Thursday to wind down the week on a weak note as investors booked profits ahead of Eid holidays. The price index sank 10.21 points in slightly...
Iraq June oil exports fall as domestic usage rises
Source : tradearabia  
Date : 2016-07-01
Iraq's oil exports from the southern ports fell in June as domestic consumption rose due to demand for summer cooling, an official at the state-run South Oil Company said on...
Iran plans tenders for oil fields as contract nears
Source : tradearabia  
Date : 2016-07-01
Iran plans to issue tenders to develop its oilfields this summer, as the government is expected to approve a new model oil contract designed to attract investors "in a short...
Saudi Electricity gets $1.5bn Chinese loan
Source : tradearabia  
Date : 2016-07-01
State-controlled utility Saudi Electricity Company (SEC) has obtained $1.5 billion in financing from Industrial and Commercial Bank of China (ICBC), one of the largest loans ever extended by a Chinese...
Abu Dhabi merger fever hits bond market
Source : Oman Daily Observer  
Date : 2016-07-01
Abu Dhabi bonds jumped after the sheikhdom announced plans to combine two of its biggest investment companies, stoking bets the emirate will provide more support for its government-related entities....
Investors bullish about recent development in Indian real estate
Source : Gulf Today  
Date : 2016-07-01
In the recent Union Budget, the Indian government has allowed foreign nationals and Non-Resident Indians (NRIs) to directly invest into Indian real estate through a registered fund house in India....
ACCI to continue issuing COs during Eid holidays
Source : Gulf Today  
Date : 2016-07-01
The Ajman Chamber of Commerce and Industry (ACCI) has announced that it will continue issuing certificates of origin (COs) during the next week, which has been decided to be Eid...
World's second largest food production facility opens
Source : Gulf Today  
Date : 2016-07-01
Arab and India Spices (AIS), Ajman, the Dhs350 million spice factory, the world's second largest of its kind, with a projected annual turnover of Dhs1000 millon, has unveiled the region's...
HSBC Bank Middle East completes transfer to DIFC
Source : Gulf Today  
Date : 2016-07-01
HSBC Bank Middle East Limited (HBME) confirms it has transferred its place of incorporation and head office from Jersey to the Dubai International Financial Centre (the DIFC) effective June30, 2016....
RSA-TALKE, Dow sign supply contract
Source : Gulf Today  
Date : 2016-07-01
An affiliate of the Dow Chemical Company and RSA-TALKE have signed a contract for the storage of chemical products that will be manufactured by Dow from various production sites globally....
Facilitate investments in all energy sources
Source : Saudi Gazette  
Date : 2016-07-01
Khalid Al-Falih, minister of energy, industry and mineral resources, called upon the international community to work together in order to maintain a sufficient and reliable supply of energy while reducing...
Dubai airport passenger traffic rises 7.2%
Source : Arab News  
Date : 2016-07-01
Passenger traffic through Dubai International Airport, the world’s busiest for international travel, rose 7.2 percent from a year earlier to 6.72 million people in May, the airport’s operator said....
Maaden unit begins commercial production at copper mine
Source : Arab News  
Date : 2016-07-01
An affiliate of Saudi Arabian Mining Co. (Maaden), the Gulf's largest miner, has started commercial production at the Jabal Sayid copper mine, Maaden said....
Petrochemical shares gain strength
Source : Arab News  
Date : 2016-07-01
Gulf stock markets moved generally little on Thursday with the approach of Eid Al-Fitr holidays next week limiting activity, but UAE bourses outperformed on the back of bank shares....
Strengthening Saudi-French ties
Source : Arab News  
Date : 2016-07-01
Deputy Crown Prince Mohammed bin Salman's visit to France came at a crucial time for both the friendly countries. The visit comes amid huge social, economic and political events taking...
Aramco Leads Surge in Gulf Energy Loans After Oil's Plunge
Source : Bloomberg.com  
Date : 2016-07-01
Saudi Arabian Oil Co. is leading a surge in borrowing by energy companies in the Middle East as they turn to banks and investors for cash after a drop in...
Brexit could mean long-term gain for Gulf, analysts say
Source : Al Arabiya TV  
Date : 2016-07-01
The UK's shock vote to leave the European Union last week - commonly known as "Brexit" - could boost Gulf economies over the long term, regional analysts said, citing the...
E-bracelets a 'must' for pilgrims this Haj
Source : Arab News  
Date : 2016-07-01
Pilgrims will be required to use electronic identification bracelets starting this coming Haj as part of a safety measure, the Saudi Press Agency (SPA) said, quoting the Ministry of Haj...
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