Middle East North Africa - Financial Network

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King arrives in Morocco
(MENAFN - Arab News) JEDDAH: Custodian of the Two Holy Mosques King Salman arrived in the Moroccan port city of Tangier on a private vacation on Sunday. Upon arrival at Tangier Airport King ....
Mobily Q2 net loss hits nearly USD215m
(MENAFN) Saudi Etihad Etisalat (Mobily), suffered a net loss of USD215 million during the second quarter of this year as a result of dispute with Zain.The company Exposed to loss in the ....
Kerry: Iran nuclear deal makes Mideast 'safer'
(MENAFN - Arab News) CAIRO: US Secretary of State John Kerry sought to assure Middle East allies Sunday that the Iran nuclear deal would make them safer as he began a regional tour in Egypt. ....
Dubai spent USD46.2m for water transmission networks
(MENAFN) Dubai Electricity and Water Authority (DEWA), launched major water transmission networks with a length of 25km. This project matches Dubai Plan 2021, which pursues economic ....
Low sales high costs put Tasnee in loss
(MENAFN - Khaleej Times)Saudi Arabia's National Industrialisation or Tasnee on Monday said it swung to a net loss for the second quarter which the petrochemical producer blamed on lower product ....
UAE first in Mena in terms of private equity investment
(MENAFN - Khaleej Times)UAE and Kingdom of Saudi Arabia (KSA) have attracted over 75 per cent of Mena investment activity by value in 2014 reflecting their scale and stability and ....
An ECB policy shock will slam the euro below parity
(MENAFN - Khaleej Times)There is now no doubt that world financial markets have embraced the King Dollar theme as it scales March highs. Yet the real macro disaster in the past two months has been ....
UAE key player in Q2 GCC corporate bond issuance
(MENAFN - Khaleej Times)The GCC bond and sukuk markets activity remained relatively sound in the second quarter despite political uncertainty in some parts of the region the debt crisis in Greece ....
Oil's fresh plunge weighs on Middle East markets
GBM Gold pours first gold at Victorian project
Viva Kuwait Q2 net profit rises 8
GCC Foreign Ministers hold coordination meeting in Doha
Saudi Arabian Football Federation holds its regular meeting
Abu Dhabi's Agthia net profit up 20 percent in H1
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