Wednesday 22 October 2014
 
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Saudi awards $33bn project contracts in H1

The value of contracts awarded in Saudi Arabia during the first half of this year hit SR124.6 billion ($33.2 billion), up 21 per cent over SR102.7 billion during the same period in 2013, according to a report. The kingdom recorded

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Dubai phones, PCs shares 17pc of trade value in H1

Dubai’s phones and personal computers (PC) market share was 17 per cent of the total trade value of the emirate’s foreign trade in the first half of the year. According to figures released by Dubai Customs, it showed t

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Foreign investors buy $309m worth shares on DFM

Foreign investors purchased shares worth Dh1.14 billion ($309.5 million) on the Dubai Financial Market (DFM) from August 17 to 21, while the value of stocks they sold was Dh1.08 billion, said a report. The net foreign investment d

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Al Ramz Capital tops UAE securities markets

Al Ramz Capital, a leading financial services firm, has topped trading in the UAE securities markets for June with a total traded value of Dh10.8 billion ($2.9 billion).   The firm also ranked first in the Dubai

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Sabic 'committed to sustainability, value creation'

Saudi Basic Industries Corporation (Sabic) has released its 2013 Sustainability Report, entitled ‘Creating Lasting Value’, reflecting the company’s commitment to continuously create more sustainable business processes and more

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ComGuard in deal to distribute Sophos solutions

Sophos, a leading IT security and data protection company, has appointed ComGuard as its new value added distributor for the Middle East.   Under the deal, ComGuard will prom

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Finance House unveils ‘Value House’ site

Abu Dhabi-based Finance House (FH) has launched its Value House (VH) website, an initiative offering all FH credit card holders special benefits, offers and deals from a selected array of vendors and merchants.  

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Qatar property transaction up 35.2pc

Qatar's property transaction value jumped 35.2 per cent to QR11.9 billion ($3.1 billion) in the first quarter, compared to QR8.8 billion during the same period last year, said a report.   The country’s

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Who will get rich from Twitter's IPO?

Just about everyone in Silicon Valley has dreamed of striking it rich with a well-timed investment. Twitter shares jumped 73 percent in a frenzied trading debut that drove the seven-year-old company's market value to around $25 bill

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Mena IPO value plunges 69pc in 2011

The capital markets in the Mena region raised $843.9 million in 2011 down 69.3 per cent when compared to $2.8 billion the previous year, according to a new report by Ernst & Young (E&Y). The year closed with IPO funds worth $226.1

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