Shagang earned CNY 352 million in Jan-Apr 2012

New Saudi shipping regulations issued
Saudi Arabia’s new shipping regulations which apply to activities of transport of goods by sea through a transport contractor, between the ports of the Kingdom or between the Kingdom and any other co

Qatar’s foreign trade surplus up by 2.2pc
Qatar’s foreign merchandise trade surplus has increased 2.2 percent in April, 2013. According to preliminary figures released by the Qatar Statistics Authority (QSA), the trade balance of goods showe

Saudi index flat as most Gulf stock markets fall
Saudi Arabia’s stock benchmark Tadawul All Share Index ended flat on Wednesday, losing 0.03 percent at 7,526.26 points.

Elsewhere in the Gulf, except for Dubai and Abu Dhabi, all stock in

Arabtec surges on contract wins; Gulf markets end mixed
Dubai’s Arabtec jumped to a near four-month high yesterday as recent contract wins boosted sentiment ahead of the builder’s earnings, while Gulf Arab markets were mixed in muted trade.

In

Bank credit to maintain current trajectory
The credit portfolio of Saudi banks continues to be largely comprised of the commerce sector which holds 20.4 percent of banks’ total financing at SR212.5 billion, the National Commercial Bank (NCB)