Wednesday 19 June 2013
 
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2013

Bahrain launches eContent award for 2013

Bahrain Internet Society has announced the launch of Bahrain eContent Award 2013, which is an integrated part of the World summit Awards. The award, under the patronage of Deputy Premier and supreme Committee for Information and Communi

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Regional exports to Brazil hit $2.45bn in Q1

Exports from Arab countries to Brazil reached $2.45 billion in the first quarter of 2013, up 22 per cent from the same period in 2012, according to figures from the Brazilian Ministry of Development, Industry and Foreign Trade. Me

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Milaha’s first-quarter profits hit $94m

Qatar Navigation (Milaha) has posted a net profit of QR344.6 million ($94.57 million) for the three months of 2013, as against QR283.7 million for the same period last year, marking an increase of 21 per cent. Operating revenues f

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Qatar Islamic rules out 2013 sukuk issues

Qatar Islamic Bank (QIB), the Gulf state's largest sharia-compliant lender by assets, is not expecting to issue more Islamic bonds before 2014, its chief executive said on Wednesday. "I don't think it will be needed;

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2013 Honda Civic debuts in GCC

Honda Civic has made its 2013 debut in GCC with major design upgrades with a multitude of standard features as well as all-new front and rear exterior styling. The sedan also features extensive interior styling improvements on all model

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WTO cuts 2013 trade forecast on protectionist fear

The World Trade Organization slashed its forecast for trade growth in 2013 on Wednesday, saying it feared protectionism was on the increase. It cut its forecast for global trade growth in 2013 to 3.3 percent from 4.5 percent and s

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ME investment in Boeing doubles in 2012

Middle Eastern airlines last year invested about $4 billion in financing for new Boeing products from regional sources, a figure that’s nearly double what it was in 2011, according to a top executive of the aircraft manufacturer.

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Opec sees 2013 world oil demand fall risk

World oil demand growth could fall short of forecasts in 2013, producer group Opec said on Tuesday, citing economic risks in the euro zone and the US. The Organization of the Petroleum Exporting Countries in a monthly report left

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Food prices stable, cereal output seen up in 2013

World food prices held steady in February as falling wheat and sugar offset gains in vegetable oils and dairy prices, the United Nations' food agency said on Thursday, forecasting increased cereals production in 2013. Global g

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Middle East CFOs ‘most optimistic globally’

CFO optimism has rebounded from historic lows in many countries as several political and economic “uncertainties” have been resolved or eased, according to the Q4 Global CFO Signals survey by leading professional services firm Deloit

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