2018 2017 2016 2015 2014 2013 2012 2011 News Archive
January February March April May June July August September October November
Saudi Heart Association conference to showcase cutting edge technology in cardiovascular care, new medicine
(Saudi Gazette - 28/02/2018)

The Saudi Heart Association (SHA) will hold its 29th annual conference on March 1-3, 2018 at the Crowne Plaza Hotel, Riyadh in conjunction with the Association’s 4th Saudi Arabian Cardiac Intervention Society (SACIS) Forum. SHA has chosen value-based

Saudis, Singapore check into AccorHotels
(Arab News - 28/02/2018)

AccorHotels announced Tuesday the sale of a 55 percent stake in the subsidiary that owns its hotels to a group of international investors including the sovereign wealth funds of Saudi Arabia and Singapore for 4.4 billion euros ($5.4 billion).<br/><br/>

Companies may struggle to file accurate VAT returns, experts say
(The National - 28/02/2018)

UAE companies filing their first VAT returns will need to account for a number of variables that range from record keeping over the coming five years to making sure they don’t under claim the tariffs they collected, experts said February 28 is the

Central Bank of Oman issues treasury bills worth OMR15m
(Times of Oman - 28/02/2018)

Oman’s central bank raised OMR15 million by way of allotting treasury bills on Tuesday. The treasury bills are for a maturity period of 182 days, from February 28 until August 29, 2018.<br/><br/> The average accepted price reached 99.274 for every

Qatar Business Incubation Center launches fabrication laboratory
(The Peninsula - 28/02/2018)

Qatar Business Incubation Center (QBIC) - owned by Qatar Development Bank (QDB), yesterday launched the country’s latest Fab Lab, which is located within QBIC’s headquarters in the New Industrial Area. The launch event was attended by H E Sheikh Abdullah

Qatar’s trade surplus jumps by 52.2% in January
(The Peninsula - 28/02/2018)

Qatar’s trade surplus witnessed a sharp jump year-on-year in January 2018, reflecting upon the fact that Qatar has successfully defused the impact of the ongoing blockade.<br/><br/> The foreign merchandise trade balance, which represents the difference

UAE insurers make a strong comeback in 2017
(Gulf News - 28/02/2018)

The UAE’s 29 listed direct insurers reported aggregate profit gain of 46 per cent to Dh1.31 billion in 2017, from Dh0.9 billion in 2016. Healthy top-line growth, improved operating profits, and stronger shareholders’ equity in their 2017 is viewed as the

UAE and Latin America can draw a new economic map — Al Hashemi
(Gulf News - 28/02/2018)

The UAE and Latin America can together forge a new economic map, the UAE’s Minister of State for International Trade said.<br/><br/> “Our unique relationship, coupled with our strategic location on global trade routes and supply chains should prompt us

Infra, fintech, renewables key growth sectors in Oman
(Oman Daily Observer - 28/02/2018)

Despite the constrained economic environment in Oman and the wider Gulf region, linked to weak oil prices, opportunities for private investment abound in a number of sectors, notably infrastructure, technology, ecommerce, health and education, tourism

FTA approves first batch of tax agents
(The Gulf Today - 28/02/2018)

The Federal Tax Authority (FTA), has approved the first batch of registered Tax Agents, after meeting the required standards, conditions and qualifications, in addition to passing the Authority’s tests.<br/><br/> Khalid Al Bustani, FTA Director-General,

Hamdan attends business forum
(The Gulf Today - 28/02/2018)

Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, and President Juan Carlos of Panama, on Tuesday attended the opening session of the Global Business Forum, GBF, on Latin America.<br/><br/> The event is being held under the

$239m defence deals inked at Umex, SimTex 2018
(Trade Arabia - 28/02/2018)

The Unmanned System Exhibition (Umex 2018) and Simulation and Training Conference and Exhibition (SimTEX 2018) ended on a solid note netting defence deals worth Dh878.371 million on the closing day.<br/><br/> The final day of the dual event held at Abu

DP World, Suez Canal Authority sign industrial zone deal
(Trade Arabia - 28/02/2018)

An agreement to implement the first phase of development of an integrated industrial and residential zone in Sokhna, Egypt, has been signed in Dubai today between DP World, the Suez Canal Authority and the Suez Canal Economic Zone (SCZone). <br/><br/>

Foreign investment license period extended up to 5 years renewable
(Saudi Gazette - 27/02/2018)

The Saudi Arabian General Investment Authority (SAGIA) on Monday extended the license period for foreign investment from the current one year to a renewable period of up to five years.<br/><br/> Investors also now have the option to reduce the minimum

GCC executives agree on multi-cloud positive impact
(Saudi Gazette - 27/02/2018)

C-level executives and business leaders in the GCC and Egypt overwhelmingly agree on cloud computing’s positive and transformative impact, according to new findings released Monday.<br/><br/> Commissioned by security and cloud experts F5 Networks, and

$93bn SoftBank fund to strengthen ties with Middle East
(The National - 27/02/2018)

he relationship between the high-profile $93 billion SoftBank Vision Fund and government-level Middle East investors including Abu Dhabi’s Mubadala Investment Company “will only improve” over the coming 18 months, the fund’s chief executive told The

Saudi faces rise in inflation on VAT and fiscal reforms
(Gulf News - 27/02/2018)

Saudi Arabia has reported a sharp rise in inflation on value-added tax (VAT) and subsidy reforms with inflation accelerating to 3 per cent in January. Consumer price inflation in Saudi Arabia strengthened to 3 per cent year on year in January, after

Saudi Arabia extends foreign investment licenses to 5 years
(Gulf News - 27/02/2018)

Saudi Arabia extended foreign investment licences to a renewable period of up to five years from one year, in the latest step to broaden the oil-dependent economy.<br/><br/> Ebrahim Al Suwayel, deputy governor for investors’ services at the Saudi Arabian

UAE and KSA continue to lead GCC luxury hospitality market
(Biz Bahrain - 27/02/2018)

The UAE will continue to lead the GCC’s luxury hospitality segment to 2022, with 73% of existing luxury hotel stock and 61% of the region’s current luxury pipeline located in the country, according to data released ahead of Arabian Travel Market 2018,

Oman’s economy looks positive
(Oman Daily Observer - 27/02/2018)

Oman’s economy looks brighter, with the main boost coming from higher oil prices and ramp-up in gas output, which will boost government and private sector incomes and lift confidence. The country continues to push ahead with the process of economic

UAE global leader in fibre optic network
(The Gulf Today - 27/02/2018)

UAE is ranked no.1 for the highest Fibre to the Home (FTTH) penetration among all its global counterparts for a second year in a row, according to the leading industry body FTTH Council.<br/><br/> The council published its annual report recently that

FTA sets final deadline for tax returns
(The Gulf Today - 27/02/2018)

The Federal Tax Authority (FTA) has called on all businesses registered for the Value Added Tax (VAT), whose first tax periods end on January 31, 2018, to submit their tax returns and pay their due taxes no later than February 28 in order to avoid

RAK Chamber wins key ISO certification
(Trade Arabia - 27/02/2018)

Ras Al Khaimah Chamber said it has received the ISO 27001 Information Security Management Systems Certification.<br/><br/> The award comes in recognition of the Chamber’s efficient information security management systems and operations. The certification

Gulf economies on solid growth track, GDP up 2.4pc
(Trade Arabia - 27/02/2018)

The Gulf economies are on a solid growth track this year with the GDP expected to hit 2.4 per cent from 0.1 per cent last year, expanding at the fastest rate since 2015, according to ICAEW’s latest report (Economic Insight: Middle East Q1

SNC-Lavalin lands Saudi engineering services deal
(Trade Arabia - 27/02/2018)

SNC-Lavalin, a leading engineering and construction group, has announced that its subsidiary in Saudi Arabia has been awarded a five-year framework agreement to provide In-Kingdom General Engineering Services to Al Khafji Joint Operations

  • Portfolio Current Value
  • Today's Gain
  • Overall Gain
  • Overall Gain (%)

  •   ()