0
IRAQNA ROW
Zain sued for $4.5bn over Iraq telco buy
Zain is being sued for $4.5 billion over its 2007 acquisition of an Iraqi telecom operator, the Kuwaiti firm said in a bourse statement on Sunday.
1
SOME CASES IN UAE TOO
Jump in new cases of deadly Mers virus in Saudi
Saudi Arabia has confirmed seven new cases of Middle East Respiratory Syndrome (Mers), adding up to 36 infections in five days, a sudden increase of a disease that kills about a third of the people infected and has no cure.
2
TRANSACTIONS HIT $9.5bn
Emiratis, Indians top real estate investments in Dubai
Emiratis ranked highest among all investors in Dubai during the first quarter of 2014, in terms of the value of investments, with Indians being the largest number of foreign investors.
3
ANALYSIS
Global sukuk market 'lacks integration'
The sukuk market operates as a collection of local markets because of lack of integration and the Malaysian market remains the strongest by far, according to a Standard & Poor's Ratings Services report.
4
ANALYSIS
Non-oil sector boosting Abu Dhabi housing market
Growth in key non-oil sectors such as tourism, hospitality, education and healthcare is translating into robust demand in terms of the volume and nature of property requirements in Abu Dhabi, a report said.
Top Trade News
 | Industry Sectors |
Qatar tenders mega water reservoirs project
Qatar’s General Electricity and Water Corporation (Kahramaa) has announced the tender for the construction of five primary reservoir and pumping station (PRPS) packages as part of its water security mega reservoirs project.
More…
Sharjah expo to feature 450 jewellers
Nearly 450 jewellers from more than 20 countries will be displaying gold and diamond jewellery, precious stones, pearl sets, gemstones and branded watches at the upcoming MidEast Watch & Jewellery Show in Sharjah.
More…
Saudi Electricity Q1 net loss widens 39pc
Saudi Electricity Co (SEC) reported a significant widening of its net loss for the first quarter on Sunday, as the utility saw costs increase and the value of some of its fixed assets decline.
More…
Qatar GDP may hit $230bn this year
Qatar's gross domestic product (GDP) is expected to touch $230 billion in the current fiscal as the country is expected to achieve a 6-7 percent growth rate for 2014-15, a report said.
More…
Global sukuk market 'lacks integration'
The sukuk market operates as a collection of local markets because of lack of integration and the Malaysian market remains the strongest by far, according to a Standard & Poor's Ratings Services report.
More…
Jebel Ali Port's new inspection facility opens
DP World has inaugurated the largest and latest container inspection facility at its flagship Jebel Ali Port in Dubai.
More…
Kyoto opens tourism office in Dubai
Japan's Kyoto City has opened a promotional office in Dubai to encourage Gulf nationals and residents to visit Japan’s ancient capital for holidays and leisure.
More…
Zain sued for $4.5bn over Iraq telco buy
Zain is being sued for $4.5 billion over its 2007 acquisition of an Iraqi telecom operator, the Kuwaiti firm said in a bourse statement on Sunday.
More…
New rules to protect foreign workers in Bahrain
Bahrain’s Labour Market Regulatory Authority (LMRA) has introduced new rules for recruitment agencies, which will require them to deposit BD10,000 ($26,500) in a bank account for dealing with problems involving foreign workers.
More…
Hamilton wins Chinese Formula One race
Lewis Hamilton completed a hat-trick of wins by leading a Mercedes one-two in the Chinese Formula One Grand Prix on Sunday.
More…
Jump in new cases of deadly Mers virus in Saudi
Saudi Arabia has confirmed seven new cases of Middle East Respiratory Syndrome (Mers), adding up to 36 infections in five days, a sudden increase of a disease that kills about a third of the people infected and has no cure.
More…
Kuwaiti papers suspended over 'plot' reports
A judge has suspended two Kuwaiti newspapers for two weeks after they published stories about a recording that discusses an alleged plot to overthrow the Gulf state's ruling system, their editors said on Sunday.
More…
Saudi student numbers in the US top 110,000
The number of Saudi students in the US has reached a record high of 111,000 this year, up from 10,000 in 2007, a report said.
More…
At $65bn, Saudi among top four military spenders
Saudi Arabia is among the four highest military spenders globally, according to a new report by Stockholm International Peace Research Institute (SIPRI).
More…
