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Azizi begins first international sale of Dhs12b project
Source : Gulf Today  
Date : 2017-08-23
Azizi Developments, a leading real estate developer operating in the UAE for over a decade, has announced that it has commenced international sales of its recently launched Dhs12 billion Azizi...
EGA plays pivotal role in UAE economy
Source : Gulf Today  
Date : 2017-08-23
A delegation from Abu Dhabi's Department of Economic Development (DED) has visited Emirates Global Aluminium (EGA) at Khalifa Industrial Zone (Kizad) and were briefed on the company's contributions to Abu...
Expo 2020 Dubai, EIPA to protect creativity
Source : Gulf Today  
Date : 2017-08-23
Expo 2020 Dubai Bureau announced on Tuesday that it has signed a Memorandum of Understanding (MoU) with the Emirates Intellectual Property Association, EIPA, to raise awareness about the importance of...
Dubai International passenger traffic tops 8 million
Source : Gulf Today  
Date : 2017-08-23
Passenger traffic at Dubai International, DXB, has recorded its busiest month on record in July with over 8 million passengers, according to the monthly traffic report issued by operator Dubai...
UAE-US non-oil trade is Dhs111.1b
Source : Gulf Today  
Date : 2017-08-23
Non-oil trade between the UAE and the USA hit more than Dhs111.1 billion - $30.3 billion- by the end of 2016, including free zone trade, against $27.8 billion in 2015,...
UAE bank credit increases in July
Source : Khaleej Times  
Date : 2017-08-23
Gross credit by the UAE banks grew in July, reflecting increase business activity in the country while deposit by non-residents increased last month....
DXB sees record traffic surge in July
Source : Khaleej Times  
Date : 2017-08-23
Dubai International Airport, or DXB, the world's busiest for international traffic, set a new record in monthly traffic in July on the back of the city's growing appeal as a...
Centrepoint among top retailers in Saudi
Source : Khaleej Times  
Date : 2017-08-23
Centrepoint has been ranked among the top retailers in the Kingdom of Saudi Arabia, according to the YouGov BrandIndex Study 2017....
KACST provides science community in the Kingdom with Veeam cloud backup
Source : Saudi Gazette  
Date : 2017-08-23
The Internet Services Unit (ISU) of King Abdulaziz City for Science and Technology (KACST), a government entity that coordinates and promotes scientific and technological research in Saudi Arabia, has deployed...
Saudi cement market remains subdued; long-term outlook positive
Source : Saudi Gazette  
Date : 2017-08-23
Oil remained elevated as geopolitical risks supported prices earlier this decade, the National Commercial Bank said in its Saudi Economic Review in August 2017. Saudi benefitted from substantial oil revenues...
King Abdullah Port throughput rises 14% in first half of 2017
Source : Saudi Gazette  
Date : 2017-08-23
King Abdullah Port announced the increase of its throughput to 821,694 TEU in the first half of 2017, representing an increase of around 14% compared to the same time last...
Tight spending, higher oil revenues drive Saudi fiscal improvement in H1
Source : Saudi Gazette  
Date : 2017-08-23
Tight spending and higher oil revenues drive Saudi fiscal improvement in 1H17, Bank of America Merrill Lynch's report Emerging Insight: Saudi Arabia revealed....
Saudi Arabia nudges yields down in $3.5bn sukuk sale
Source : Arab News  
Date : 2017-08-23
Saudi Arabia's Finance Ministry pushed yields down slightly in its second monthly sale of domestic Islamic bonds on Tuesday, a sign of healthy appetite for the debt as Riyadh covers...
Al-Rajhi Bank, Maaden boost Saudi stocks
Source : Arab News  
Date : 2017-08-23
The Tadawul All Share Index (TASI) rose on Tuesday on the back of gains by Al-Rajhi Bank and mining firm Maaden, while Dubai also outperformed most Gulf bourses although trading...
Iran's daily gas exports hit 42mcm
Source : Tehran Times  
Date : 2017-08-23
National Iranian Gas Company (NIGC) Managing Director Hamid Araqi announced that the country's gas export has hit 42 million cubic meters (mcm) per day, Shana reported on Tuesday....
Kuwait current account surplus narrows in Q1
Source : TradeArabia  
Date : 2017-08-23
Kuwait's current account surplus fell for the first time in three quarters at the start of 2017, narrowing from KD600 million ($1.98 billion) in the fourth quarter of 2016 (4Q16)...
Central Bank of Oman bats for financial inclusion
Source : Oman Daily Observer  
Date : 2017-08-23
The Central Bank of Oman (CBO) is strongly advocating for financial inclusion in the Sultanate by encouraging commercial banks to ramp up the provision of banking services to under-served sections...
Abu Dhabi non-oil trade with 4 GCC states hits Dhs11.33b
Source : Gulf Today  
Date : 2017-08-23
The Emirate of Abu Dhabi's non-oil trade with four GCC states hit Dhs11.33 billon during the first five months of the year, with the Kingdom of Saudi Arabia coming on...
UAE Excise Tax effective from Oct.1
Source : Gulf Today  
Date : 2017-08-23
The Excise Tax Law shall come into play effective October 1st, 2017, in the UAE, Ministry of Finance has told Emirates News Agency, WAM....
Saudi financial reserves keep pressure off the currency peg
Source : Arab News  
Date : 2017-08-23
Saudi Arabia is under no pressure to ditch the currency peg to the dollar thanks to its currency reserves....
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