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5/30/2016 -  Saudi move to checkmate riyal peg betting, The Arabian Post
(MENAFN - The Arabian Post) Banks in Saudi Arabia are coming under fresh pressure over products that allow speculators to bet against the kingdom's currency peg, Bloomberg reports quoting people with ...
5/30/2016 -  DP World's $1.2b sukuk gets strong response, The Arabian Post
(MENAFN - The Arabian Post) DP World's new $1.2 billion 7-year sukuk received strong investor interest and was two times oversubscribed receiving more than $2 billion in bids, the company ...
5/30/2016 -  Dubai Parks and Resorts invest USD 457mn for new park, MENAFN
(MENAFN) Dubai Parks and Resorts approved that it has raised USD 457mn for new park project.

Furthermore, the fund will be raised to finance the development of the Six Flags Dubai theme ...
5/30/2016 -  King Salman Bridge to boost trade with Egypt, MENAFN
(MENAFN) The cost of the King Salman Bridge, which will be built via the Red Sea linking Saudi Arabia and Egypt, will be recovered among 10 years.

Accordingly, the bridge will play an ...
5/30/2016 -  UAE motorists urged to use genuine spare parts, Khaleej Times
(MENAFN - Khaleej Times) Only genuine automobile spare parts guarantee the long life of vehicles, an industry expert has advised motorists.

Although counterfeit spare parts are cheaper ...
5/30/2016 -  Egypt trade volume with African countries hits USD 2.3bn, MENAFN
(MENAFN) The volume of trade between Egypt and the Common Market of Eastern and Southern Africa (COMESA) reached USD 2.3bn in 2015.

Additionally, the trade exchange between both countries was ...
5/30/2016 -  Abu Dhabi-Lulu Group aims USD 213.24mn investments in KSA, MENAFN
(MENAFN) Abu Dhabi-based retail major 'Lulu Group' expanded its operations in the Saudi market with the launching of a new hypermarket in Jeddah.

Moreover, the group plans to setup four more ...
5/30/2016 -  UAE- Realty project to target millennials, Khaleej Times
(MENAFN - Khaleej Times) Myra Properties, a leading developer of high-end luxury properties across the GCC, on Wednesday announced the launch of its latest apartment project in Dubai, aimed at the ...
5/30/2016 -  UAE- Upscale homes on Palm on track for 2017 delivery, Khaleej Times
(MENAFN - Khaleej Times) If you are seeking exclusivity, privacy and luxury trappings in a property and have a few million dirhams to spare, the Alef Residences on the West Crescent of the Palm ...
5/30/2016 -  UAE- Saudi Vision 2030 makes Makkah hotels profit engine, Khaleej Times
(MENAFN - Khaleej Times) The recent Saudi Vision 2030 strategy inaugurates most extensive economic transformation of Saudi Arabia since the post-October 1973 petrodollar bonanza that turned the ...


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