Middle Easte Economics news

 

  1. Iran Signs €500 Million Finance Deal with Denmark

    Financialtribune.com - Finance 09.21 / 22:13 financialtribune.com
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  2. Iran, Austria Banks Finalize €1 Billion Finance Deal

    Financialtribune.com - Finance 09.21 / 22:13 financialtribune.com
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  3. Mouwasat, PBC ink SAR 150m Dammam expansion deal

    English.mubasher.info - TDWL 09.21 / 22:12 english.mubasher.info
    Riyadh – Mubasher: Mouwasat Medical Services Company on Thursday signed an SAR 150 million agreement with Project Build Co. Ltd. (PBC) to expand a hospital in Dammam. The project's expansion will be implemented on a 26-month period, starting from ……
  4. Mobily pays SAR 126.9 for 1,800 MHZ spectrum

    English.mubasher.info - TDWL 09.21 / 22:12 english.mubasher.info
    Riyadh – Mubasher: Etihad Etisalat Co (Mobily) on Thursday said it paid SAR 126.9 million as an instalment to receive the 1,800 Megahertz (MHZ) spectrum. The payment makes up 30% of the total amount due, which is SAR 422 million. This investment ……
  5. TASI, Nomu end Thursday in green

    English.mubasher.info - TDWL 09.21 / 22:12 english.mubasher.info
    Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Thursday in the green zone after its benchmark Tadawul All Share Index (TASI) increased 0.09% or 6.48 points reaching 7,326.32 points. TASI’s traded volume stood at 87.61 million shares ……
  6. Zain KSA pays SAR 254m for additional spectrum

    English.mubasher.info - TDWL 09.21 / 22:12 english.mubasher.info
    Riyadh – Mubasher: The Saudi Mobile Telecommunications Company (Zain) on Thursday paid SAR 253.8 million as the first tranche of its operating cash inflows to acquire additional spectrum. The payment represents 30% of the total amount which is SAR ……
  7. SunTrust Bank’s Brokerage Revenue Slips in the Second Quarter

    Topnews.ae - Banking 09.21 / 18:07 topnews.ae
    The second quarter financial results of the SunTrust Bank on Friday revealed that the wealth management businesses faced a slowdown in revenue growth. The revenue from the Bank's trust and investment management services dropped eleven percent to $75 million compared to $84 million last year same quarter. Revenue in Q2 remained flat compared to the earlier quarter. read…
  8. Dallas Based Comerica to Trim Almost 800 Jobs and Shutter 40 Branches

    Topnews.ae - Banking 09.21 / 18:07 topnews.ae
    Dallas, Texas based financial service company, Comerica, which is also the second-largest bank in Michigan said, it plans to trim about 800 jobs and shutter forty branches. The action is part of a cost cutting effort and perk up profitability in the ever growing competitive market and challenging environment for the retail division of the financial sector. However, it was not clear how the planned job cuts will affect numbers in Michigan or its branches in the state. read…
  1. Dubai to Get Solar Power Day and Night Without Subsidy at Lower Cost than Gas-fired Electricity

    Al-press.com - Business 09.21 / 22:08 al-press.com
    An ACWA Power led consortium has been awarded the fourth phase of the Mohammed Bin Rashid Al Maktoum Solar Park, by far the largest single-site CSP plant in the world, which will provide reliable and dispatchable electricity to the emirate during the day and throughout the night just as a fossil fuel power plant does. With a capacity of 700 MW, the project has set a new global record for the lowest levelised cost for renewable base load electricity at USD 7.3 cents per kilowatt hour in an…
  2. IMDAAD TO LAUNCH FIRST “WORK SERIES” AT FM EXPO 2017

    Al-press.com - Business 09.21 / 22:08 al-press.com
    Imdaad, the Dubai based award-winning integrated facilities management company, will be launching the first “Imdaad Work Series” at FM Expo, Middle East’s largest dedicated FM show. From 25 to 27 September at the Dubai World Trade Centre, the Imdaad Work Series will provide unique insights on facilities management and the disruptors behind the rapid transformation of this booming industry.  Read More …
  3. Sheikh Mohammed bin Rashid Launches New Initiatives and Five Sustainable Policies at Year of Giving Higher Committee Mee

    Al-press.com - Business 09.21 / 22:08 al-press.com
    UAE Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum today chaired a meeting of the Year of Giving Higher Committee to follow up on the progress of the Year of Giving. His Highness also approved of ten new initiatives and work policies in order to cement the UAE’s role as a philanthropic leader in the region through a sustainable framework that integrates both private and public sector institutions. Read More …
  4. The UAE’s Entrepreneurial Economy Discussed at Sharjah FDI 2017

    Al-press.com - Business 09.21 / 22:08 al-press.com
    Sharjah FDI 2017 wrapped up its agenda yesterday (Wednesday) with panel discussions on business startups and the economy and an interview on the UAE’s forthcoming Value Added Tax (VAT) imposition. Themed ‘The Fourth Industrial Revolution,’ the two-day global investment forum was held under the patronage of His Highness Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member Ruler of Sharjah. Read More …
  5. Emaar Properties to develop 10 million sq ft waterfront residences and hotel project in Dubai Harbour

    Al-press.com - Business 09.21 / 22:08 al-press.com
    Emaar Properties today announced that it will develop about 10 million sq ft of waterfront residences and a brand-new hotel project at Dubai Harbour, the 20 million sq ft destination developed by Meraas. Dubai Harbour was launched earlier this year by His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai. Read More…
  6. IMF official briefed on economic developments in Jordan

    En.ammonnews.net - Business 09.21 / 21:48 en.ammonnews.net
    AMMONNEWS - Director of the Middle East and Central Asia Department of the International Monetary Fund, Jihad Azour, said that he had reviewed with the prime minister, the minister of finance and the governor of the Central Bank of Jordan economic developments and growth prospects.Azour told…
  7. Ramallah start-up uses algorithms to predict Mideast conflict

    Themedialine.org - Business 09.21 / 18:03 themedialine.org
    Allows users to avoid conflict zones Ramallah-based RedCrow […] The post Ramallah start-up uses algorithms to predict Mideast conflict appeared first on The Media…
  8. BADIR: United Towards a Brighter, Shared Future

    Venturemagazine.me - Business 09.21 / 17:07 venturemagazine.me
    Launched in 2011 with the shared goal of capitalizing on the Kingdom’s wealth of innovative ideas from its creative youth population, Starbucks’ BADIR social entrepreneurship support program has proudly established an exemplary model of beneficial partnerships and their power to... The post BADIR: United Towards a Brighter, Shared Future appeared first on Venture Mag…
  1. Boost LNG and Solar Energy – Saxo Bank

    Venturemagazine.me - Industries 09.21 / 17:07 venturemagazine.me
    Saxo Bank said Jordan can significantly cut its energy costs over the coming years by relying extensively on Liquefied Natural Gas (LNG) and solar power, whose prices continue to go down. “The main thing for gas in the coming years... The post Boost LNG and Solar Energy – Saxo Bank appeared first on Venture Mag…
  2. Perhaps the Sky isn’t Falling

    Venturemagazine.me - Industries 09.21 / 17:07 venturemagazine.me
    A rational evaluation of the state of the global economy is needed to counter the effect of the doom and gloom merchants causing jitters in markets. By Khalid W. Wazani Although in economic theory, prices are the main determinant of... The post Perhaps the Sky isn’t Falling appeared first on Venture M…
  3. What Cheap Oil Means for Us

    Venturemagazine.me - Industries 09.21 / 17:07 venturemagazine.me
    On paper, record low oil prices should prove to be an economic bonanza for an emerging market energy importer like Jordan. But what’s the reality? By Dina al-Wakeel In 2011, just when it was trying to get back on its... The post What Cheap Oil Means for Us appeared first on Venture…
  4. Taking the Rough with the Smooth

    Venturemagazine.me - Industries 09.21 / 17:07 venturemagazine.me
    Volatility will likely loom over the region’s economy in 2016, but so will opportunity. By Nader Museitif Next year seems to be set for a rough start as several chronic drivers of volatility and slowdown start to bite. Chief among... The post Taking the Rough with the Smooth appeared first on Venture M…
  5. MAG PD launches $1.1bn residential project in Meydan

    Thebig5hub.com - Industries 09.14 / 22:04 thebig5hub.com
    MAG EYE is the developer’s second major project launch of the w…
  6. Etihad ESCO to retrofit 243 wasl Properties buildings

    Thebig5hub.com - Industries 09.14 / 22:04 thebig5hub.com
    SmartAE awarded a $18.78mn contract for project which could save…
  7. ARACO to design and project manage $44mn building

    Thebig5hub.com - Industries 09.14 / 22:04 thebig5hub.com
    The 32 storey residential project is due for completion in December…
  8. Market size of UAE FM industry hits record $12.49bn

    Thebig5hub.com - Industries 09.14 / 22:04 thebig5hub.com
    Eleventh edition of FM EXPO to capitalise on the UAE industry’s growing p…