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GCC hotels post positive RevPAR rates in July
Gulf in the Media
August 28, 2016
GCC hotels recorded positive revenue per average room (RevPAR) in July 2016 compared to the period last year, said a report. According to Hotel Ben...
 
Annual cost of living increases by 3.8% in Saudi Arabia
Arab News
August 28, 2016
The annual cost of living in the Kingdom increased by 3.8 percent, as determined on the basis of the increases registered among 10 consumer goods in c...
 
Saudi German hosts first insurance conference
Khaleej Times
August 27, 2016
Saudi German Hospital Dubai organised its First Insurance Conference on August 17 in its auditorium. It was well attended by over 250 guests represent...
 
Oil market already moving in right direction
Arab News
August 27, 2016
Khalid Al-Falih, minister of energy, industry and mineral resources, tempered expectations that the world’s major oil producers would look to freeze p...
 
'Materials Handling' to benefit suppliers, manufacturers
Gulf Today
August 26, 2016
Messe Frankfurt Middle East, one of the region’s largest exhibition organisers, is expanding its regional reach with the announcement of the inaugural...
 
Oil prices fall as Saudi Arabia dampens prospects of output freeze
Gulf Today
August 26, 2016
Oil prices fell on Friday after the Saudi energy minister tempered expectations of strong market intervention by producers during talks next month, an...
 
Deputy crown prince to showcase Vision 2030 at G20
Arab News
August 26, 2016
Deputy Crown Prince Mohammed bin Salman will brief the leaders taking part in the G20 summit, to be held in the eastern city of Hangzhou, China, on Se...
 
Saudi Arabia holds China market share lead on record oil output
Gulf in the Media
August 25, 2016
Saudi Arabia kept its spot as China’s biggest oil supplier for the first seven months this year after pumping record output in July, even as Russia th...
 
Saudi Aramco could reduce stake in $5.5bn Indonesia refinery project
Arab News
August 25, 2016
Oil and gas giant Saudi Aramco may reduce its stake in a proposed $5.5 billion refinery project in Indonesia, the country's energy minister said. ...
 
KSA reliable oil supplier
Arab News
August 25, 2016
As part of a major initiative to bolster ties between the Kingdom and Japan, Deputy Crown Prince Mohammed bin Salman is visiting Japan where he will h...
 
Oil price hike gives GCC near-term relief
Khaleej Times
August 24, 2016
The GCC countries will face some near-term relief from the current higher oil prices, but the hike is unlikely to have a major impact on GCC sovereign...
 
Dubai Investments unit wins projects worth $5.3 million n Saudi Arabia
Khaleej Times
August 23, 2016
Saudi American Glass (SAG), a subsidiary of Dubai Investments and a processor of architectural high-performance flat glass across the Middle East, has...
 
Saudi diversification affirms UAE as regional trading hub
Khaleej Times
August 23, 2016
The Saudi economy's diversification will promote UAE's position as a regional trading hub, said Jules Kappeler, chief executive officer GCC, Euler Her...
 
Saudi Arabia to discuss energy ties with China, Japan
Khaleej Times
August 23, 2016
Saudi Arabia, the world's top oil exporter, plans to discuss energy cooperation agreements with China and Japan, the Saudi cabinet said on Monday. ...
 
Qatar to benefit from oil spike in short-term
The Peninsula
August 23, 2016
Even as low oil price environment continues to have material, and in some cases profound, implications for economic growth and the balance sheet of GC...
 
Pan Emirates offers '30% off everything'
Khaleej Times
August 22, 2016
Pan Emirates Home Furnishings, the leading destination for luxury French furnishings and interior décor in region, has evolved to be a renowned brand ...
 
Al-Dawaa Pharmacies honors ‘Gold & Jewel’ promo winners
Saudi Gazette
August 22, 2016
Al-Dawaa Pharmacies hosted the 36 big winners of its “Gold and Jewel Festival” promotion which attracted hundreds of participants from all over the Ki...
 
'IoT era' to serve the best interest of business sector
Saudi Gazette
August 22, 2016
Nearly $6 trillion will be spent on IoT solutions over the next five years with businesses being the top adopter of IoT solutions, according to statis...
 
Kingdom continues its leading role
Arab News
August 22, 2016
While central bank officials are well aware that any statement can have an impact on monetary policies, OPEC is too starting to learn this lesson. ...
 
Value of awarded contracts in Kingdom reaches SR20bn
Arab News
August 22, 2016
The construction sector constitutes a major share of the Kingdom’s domestic economy. The sector recorded high annual real growth rates over the last f...
 

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