2018 2017 2016 2015 2014 2013 2012 2011 News Archive
January February March April May June
CBI launches Islamic financing in Senegal
(Saudi Gazette - 25/06/2018)

With the full financial support of the International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), member of the Islamic Development Bank Group (IsDB), Coris Bank International (CBI), a leading bank in West Africa, headquartered in Burkina

Conference to help Qatar companies with business continuity, resilience steps
(Gulf Times - 25/06/2018)

Companies in Qatar stand to gain from a one-day conference slated later in the year that would focus on integrating capacity building in the country’s business continuity and resilience (BC&R) sector, it was announced yesterday.<br/><br/> The ‘2nd

First Qatar-Mexico Business Committee meeting in October
(The Peninsula - 25/06/2018)

Qatar and Mexico are working hard to expand and deepen trade, business and economic cooperation in most promising areas of the two economies.<br/><br/> As part of efforts to boost bilateral ties, the first meeting of the Qatar-Mexico Business Committee

Islamic bond issuances set for slowdown in 2018
(Gulf News - 25/06/2018)

The global sukuk (Islamic bond) market experienced a significant slowdown in issuance in the first half of 2018, with new sukuk issuance expected remain lacklustre in the second half, according to credit rating agency Standard & Poor’s.<br/><br/> Total

UAE, Kuwait most vulnerable for cyberattacks in the Gulf
(Gulf News - 25/06/2018)

The UAE and Kuwait are among the most vulnerable for cyberattacks among the Gulf Cooperation Council Council countries in the first quarter, according to a report by cybersecurity firm Trend Micro.<br/><br/> Both these countries are rated first and

Major community-backed seafood cannery planned in Duqm SEZ
(Oman Daily Observer - 25/06/2018)

The Wusta Governorate’s thriving fishing community has given its backing to a proposal for the establishment of a major seafood processing and canning project at the Special Economic Zone (SEZ) in Duqm. The proposed initiative, described as the first of

SCCI praises its new re-organisation law
(The Gulf Today - 25/06/2018)

The Sharjah Chamber of Commerce and Industry (SCCI), has confirmed that Law No. 09 of 2018 is both a direct acknowledgement and offers support for the chamber’s efforts to promote Sharjah and boost the interests of the business community in the

Diversification drives Sharjah’s economy
(The Gulf Today - 25/06/2018)

Sharjah has shown that the emirate’s policy of diversification and its success in attracting foreign direct investment is driving the economy towards new heights, according to the 2018 Oxford Business Group report.<br/><br/> The document, ‘The Report

VP forms committees for resolving tax disputes
(The Gulf Today - 25/06/2018)

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has issued a cabinet resolution no. 23 for 2018 with respect to forming committees for resolving tax disputes. The resolution stipulates

BDB closes $100m venture capital fund
(Trade Arabia - 25/06/2018)

Bahrain Development Bank (BDB) has announced that the Al Waha Fund of Funds has successfully closed its $100 million fundraising round, making it the first active venture capital fund of funds in the region.<br/><br/> The announcement marks an important

Abu Dhabi completes $28m infrastructure projects
(Trade Arabia - 25/06/2018)

The Abu Dhabi City Municipality said it has completed Dh102.8 million ($28 million) worth of infrastructure projects including the Nahda Al Askariyah, Baniyas and Al Shawamekh internal roads development work.<br/><br/> The projects saw the construction

Work in full swing at $1.2bn Abu Dhabi shopping mall
(Trade Arabia - 25/06/2018)

Work is in full swing at Abu Dhabi’s $1.2 billion Reem Mall, the emirate's leading retail, dining and leisure destination, with the substructure nearly finished and several sections of floor already completed, said a top official.<br/><br/> Unveiling the

New investment models needed to boost MENA oil, gas competitiveness
(Saudi Gazette - 24/06/2018)

New investment models will encourage optimal development in the oil and gas sector, Majid Jafar, CEO of Crescent Petroleum told OPEC ministers and industry leaders at the OPEC Seminar in Vienna last June 20. The private sector in MENA can be an important

UAE regulator asks public firms to declare exposure to Abraaj
(The National - 24/06/2018)

UAE-listed companies, including some of the country’s biggest banks, have been asked to declare their exposure to embattled private equity firm Abraaj, which filed for provisional liquidation last week.<br/><br/> The Securities & Commodities Authority

Private deposits in Oman's banks reach OMR12.47bn
(Times of Oman - 24/06/2018)

Private deposits at commercial banks in the Sultanate at the end of the first quarter in 2018 witnessed a slight decline by 0.77 per cent to OMR12.47 billion, compared to OMR12.57 billion in the corresponding period last year, according to a monthly

Oman's FDI rises 15% in fourth quarter of 2017
(Times of Oman - 24/06/2018)

Foreign Direct Investment (FDI) in the Sultanate rose by 15 per cent, to OMR9.34 billion in 2017, from OMR8.09 billion in the fourth quarter in 2016.<br/><br/> Among various countries, the United Kingdom topped the list of investors in the Sultanate,

Khalifa Fund signs MoU with Majid Al Futtaim Hypermarkets to support local entrepreneurs
(Gulf News - 24/06/2018)

Khalifa Fund for Enterprise Development recently signed a Memorandum of Understanding with Majid Al Futtaim Hypermarkets as part of its efforts to support Khalifa Fund members and promote their entrepreneurship, according to a statement released on

Ithraa: Enhancing Oman’s investment appeal globally
(Oman Daily Observer - 24/06/2018)

The global economy is expected to double in size by 2020 — an expansion that will also unleash new and significant opportunities for Omani companies in terms of employment generation, development of new technologies, transition to a low-carbon circular

Oman antimony-gold project eyes $245m revenues
(Oman Daily Observer - 24/06/2018)

An antimony roaster backed by Oman Investment Fund (OIF), a sovereign wealth fund of the Sultanate of Oman, has projected annual revenues of around $245 million from sales of antimony products and gold ingots when production ramps up by next year.

Dubai Properties projects attract Chinese investors
(The Gulf Today - 24/06/2018)

Dubai Properties, a member of Dubai Holding, is drawing high interest for its upscale projects from investors and potential buyers in China as part of its participation at Luxury Property Showcase (LPS) Beijing 2018, the leading luxury property show that

UAE, US vow to boost economic ties
(The Gulf Today - 24/06/2018)

Sultan Bin Saeed Al Mansouri, Minister of Economy, and US Commerce Secretary, Wilbur Ross, have discussed ways to enhance cooperation in the economic and trade fields between the two countries.<br/><br/> This came during a meeting held in Washington

Emirates Insolaire products 'big hit at German expo'
(Trade Arabia - 24/06/2018)

Emirates Insolaire, a joint venture between UAE-based Dubai Investments and top research and development company SwissInso Holding, said it had received strong response for its sustainable, energy-efficient coloured solar panel technology at Intersolar

Coris bank's Islamic windows pave the way to achieve SDG goal
(Saudi Gazette - 21/06/2018)

Islamic banking is gaining a strong footing in African region with the launching Islamic banking windows of Coris Bank International in Mali, Senegal, Benin and Côte d’Ivoire.?<br/><br/> The official launching of Coris Bank Baraka Senegal took place in

Saudi-backed SoftBank to ramp up tech investment
(Arab News - 21/06/2018)

Japanese conglomerate SoftBank will double down on its ambitious tech investment strategy, in a move that could create opportunities for further collaboration with Saudi Arabia’s Public Investment Fund (PIF).<br/><br/> SoftBank — which owns Japan’s

New banking fee caps raise transparency levels in the sector
(The National - 21/06/2018)

The Central Bank of the UAE’s decision to revise its caps on the fees and commissions applied to banking products and services helps to bring the nation’s banking sector in line with international standards by raising transparency levels.<br/><br/> Being

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

  •   ()