June 19, 2013
The Abu Dhabi Future Energy Company or Masdar in association with the Abu Dhabi Fund for Development (ADFD) has launched a six-megawatt, eight-turbine wind farm in the Republic of Seychelles.
Qatar Exchange has announced the introduction of government bonds issued by the Qatar Central Bank for trading on the exchange, which will commence on 20 June 2013.
The organisers of the inaugural Dubai Airports 9-Ball Billiards Championships are hoping to discover some fresh talent to lend depth to the national squad.
UAE shares traded cautiously on Tuesday and booked some profits, especially Dubai, as traders await greater clarity on US monetary policy.
June 18, 2013
The Central Bank of Bahrain (CBB) announced that this week's BHD 35 million issue of Government Treasury Bills has been oversubscribed by 123 per cent.
New Deloitte report examines emerging regulatory and practice challenges faced by the Takaful industry
Turkey has seen $1.35 billion of capital outflows from its equity markets since May 26 due partly to global market conditions and two weeks of domestic political unrest, Deputy Prime Minister Ali Babacan said on Tuesday.
Investcorp Gulf Opportunity Fund has agreed to acquire a 38 per cent stake in Al Yusr Industrial Contracting Company WLL (AYTB).
Etihad Airways said on Monday it had signed an initial agreement with the Serbian government over a possible equity investment in the country's loss-making JAT Airways.
The Arab Monetary Fund (AMF) will provide a $144 million loan to Yemen this year to help its financial reform programme, the fund said on Monday.
Lebanon’s public debt swelled by nearly $5 billion during the term of former premier Najib Mikati’s Cabinet, the secretary-general of the Association of Banks in Lebanon said.
Sadara Chemical Company (Sadara) yesterday announced the signing of a number of definitive financing agreements for an additional funding of approximately SR 39.37 billion ($ 10.5 billion).
A World Bank report has shown that the sultanate received US$39mn in remittances from Omani expatriates in 2012, ranking it 145th out of the 165 countries for which there is remittance inflow data.
The general index of the Muscat Securities Market (MSM) gained 0.40 per cent to close at 6509.94 points on Tuesday.
Helped by moderating global commodity prices and a strong US dollar, to which Oman keeps its currency pegged, the sultanate's annual inflation fell to a 40-month low in April.