Wednesday 30 July 2014
gulf market

Jet launches new Bangkok flight

Jet Airways, India's premier international airline, is set to launch a new early morning flight connecting Bahrain to Bangkok via Mumbai, starting from December 13. The Flight 9W 591 will depart from Bahrain at 9.35pm and arrive i


Construction firms 'eye exciting GCC market'

A fresh wave of infrastructure spending has cemented the GCC’s position as one of the most exciting markets for gobal construction giants, with Saudi offering most opportunities, said experts while speaking at a roundtable in Dubai. Their


UK firm eyes $8.6bn Gulf interiors market

UK-based interior architecture firm Pringle Brandon said it is putting its distinctive design stamp on the expanding Gulf market with fit out contracts valued at over $9.6 million secured through its Dubai office. Pringle Brandon has over


Foreign investors shun key regional markets

Foreign investors are shedding positions in key Gulf markets considered immune to the political unrest sweeping the Middle East and local state institutions are running out of firepower to stem the slide. Foreign investors were net sellers


Saudi index surges to 24-week high

Saudi Arabia's index surged to a 24-week high lifted by Saudi Basic Industries Corporation (Sabic), its largest stock, and other Gulf Arab markets rallied as confidence returned following broad declines over the previous 10 days. The S


Gulf markets rally but jury out on prospects

Gulf Arab markets rallied on Monday, on revived investor faith in government measures to boost financial stability, but analysts said it was too early to call an end to weeks of losses on regional bourses. Gulf indices leapt on a global up

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