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Kuwait to sign $9bn Eurofighter deal with Italy
Source : TradeArabia  
Date : 2016-02-12
Kuwait will sign a deal next week to buy Eurofighter jets, Kuwait's state news agency KUNA said on Thursday, citing the defence minister....
Mubadala seeks $2bn loan refinancing
Source : TradeArabia  
Date : 2016-02-12
Abu Dhabi state-owned investment fund Mubadala is talking to banks to raise a loan worth up to $2 billion, which it plans to close in the first half of the...
Qatar banking credit growth up in November on private sector
Source : Gulf Times  
Date : 2016-02-12
Bank loan growth in Qatar rose to 19.4% year-on-year in November 2015 from 16.5% in October, QNB Economics has said in a report....
China said to pitch Hong Kong listing, funds for Aramco IPO
Source : Gulf Times  
Date : 2016-02-12
Chinese officials pitched a dual listing for Saudi Arabian Oil Co that would put the government-owned oil giant’s shares on both the Hong Kong and Saudi exchanges in return for...
Kuwait bourse closes lower in choppy trade
Source : Arab Times  
Date : 2016-02-12
Kuwait stocks sagged on Thursday to wind up the week on a dull note. The price index dropped 16.31 pts to 5131.56 points in choppy trade even as sentiment remained...
Honor unveils new e-commerce portal
Source : Gulf Today  
Date : 2016-02-12
Huawei Consumer Business Group (BG) is committed to focusing on premium products, differentiating innovation, achieving technological breakthroughs, and bringing the latest technology to consumers through their newly launched e-commerce site....
EIBank posts Dhs28.13m net profit in 2015
Source : Gulf Today  
Date : 2016-02-12
The Emirates Investment Bank (EIBank) has announced its preliminary financial results for the fiscal year ended December 31, 2015....
Abu Dhabi petchem producers promote waste-free environment
Source : Gulf Today  
Date : 2016-02-12
Committed to supporting UAE National Environment Day on the 4th of February, over 3,000 people, including students from schools in Abu Dhabi and the Western Region, joined hands in cleaning-up...
Almajdouie recognized as '2016 Logistics Service Provider of the Year, KSA'
Source : Saudi Gazette  
Date : 2016-02-12
Frost & Sullivan hosted the Best Practices Awards ceremony at its global conference - Growth Innovation Leadership 2016 (GIL) Middle East, acknowledging outstanding performances by companies from diverse industries....
Specialised property valuation gains ground in Dubai
Source : Khaleej Times  
Date : 2016-02-12
There was a time when property valuation in Dubai was of little concern to financial institutions. That was during the formative years of Dubai's freehold era, when everything that a...
UAE rent prices to soften in 2016
Source : Khaleej Times  
Date : 2016-02-12
The UAE's rentals will soften further in 2016 due to the widening gap between the demand and supply ratio, according to international property agency Chestertons....
New Abu Dhabi realty law to boost investment
Source : Khaleej Times  
Date : 2016-02-12
Abu Dhabi's new real estate law should provide a stronger foundation for inward investment which in the long term should benefit the choice and competiveness in the occupational market....
Dubai theme park on track for Oct opening
Source : Khaleej Times  
Date : 2016-02-12
Adventure lovers, brace for some thrill rides this October. The Dubai Parks and Resorts has announced that the facility in Jebel Ali is on track to open this year....
AUS and HSBC launch high-tech trading floor
Source : Khaleej Times  
Date : 2016-02-12
The American University of Sharjah, AUS, the university, in partnership with HSBC Bank Middle East Limited, on Thursday launched the AUS Interactive Trading Floor, ITF, at the AUS School of...
Dubai Marina most searched location on dubizzle
Source : Khaleej Times  
Date : 2016-02-12
The Dubai Marina, Al Reem Island and Khalifa City A were some of the most popular search locations for people looking for both rent and sale properties, dubizzle revealed in...
Tadawul falls 3 percent as traders book profits
Source : Arab News  
Date : 2016-02-12
Several major stock markets in the Middle East dropped over 2 percent on Thursday as protracted weakness in oil prices and the gloom in equity markets globally prompted investors to...
Cancellation of Iran oil contracts' presentation signals infighting
Source : The Peninsula  
Date : 2016-02-12
Iran's cancellation of a conference when it had been due to unveil investment contracts to international oil firms signals that political feuding is disrupting plans to revive its energy sector....
India seeks UAE investment in energy sector
Source : TradeArabia  
Date : 2016-02-12
India has invited investments from the UAE in a slew of oil projects as part of Prime Minister Narendra Modi's drive to attract greater foreign participation in upgrading and expanding...
Saudi contractor Khodari eyeing private projects
Source : TradeArabia  
Date : 2016-02-12
Saudi contractor Abdullah A M Al Khodari & Sons (Al Khodari), whose value of government contracts fell by almost half last year, is targeting more private-sector work and deals in the...
LNG deal 'key to Pakistan's prosperity'
Source : The Peninsula  
Date : 2016-02-12
Pakistan Prime Minister Nawaz Sharif yesterday described the Liquefied Natural Gas (LNG) agreement between Qatar and his country as historic, saying it will bring prosperity to Pakistan....
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