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Fri, 20 Nov 2009 | 22:13 GMT
 
Top Economy & Politics News

  • 'SSC expansion plan aims to cover 85 per cent of population'


    The Social Security Corporation intends to expand its coverage across the Kingdom and include 85 per cent of the population under its umbrella, according to SSC officials. Jordan Times - 20Nov 09:18GMT
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  • 'GCC to witness 4% GDP growth in 2010'


    In its latest economic forecast HSBC put the inflation in Saudi Arabia at six percent in 2010, up from the current 3.5 percent. The overall GDP growth for the six-nation Gulf Cooperation Council is to reach a modest four percent, the report added. Arab News - 20Nov 08:47GMT
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  • CBI's dollar sales slightly down on Thursday


    The Central Bank of Iraq's (CBI) dollar sales dropped to $128.513 million in its daily auction on Thursday, compared to $133.09 million during the previous session. Aswat Aliraq - 19Nov 10:51GMT
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  • World economies bounce back, debt 'rot' must stop: OECD


    China, Asia and the United States are pulling the world out of an economic vortex with surprising if "modest" speed, the OECD declared on Thursday. AFP - 19Nov 10:28GMT
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  • CBI Regulating Funds


    The Central Bank of Iran (CBI) plans to regulate over 1,200 funds in collaboration with the Organization of Islamic Economy and subsequently to keep the inflation rate in check, said the governor of CBI. Iran Daily - 19Nov 08:26GMT
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  • CBI's dollar sales down to $133m on Wednesday


    The Central Bank of Iraq's (CBI) dollar sales dropped to $133.090 million in its daily auction on Wednesday, compared to $144.154 million during the previous session. Aswat Aliraq - 19Nov 08:21GMT
  •  

  • Iran to open commerce center in Shanghai


    Iran's commerce center will be inaugurated in Shanghai on November 20 under the management of Iran-China Chamber of Commerce and Industries. IRNA - 19Nov 08:19GMT
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  • GCC summit in Kuwait will be launch pad for unified Gulf currency - FM


    The upcoming GCC summit in Kuwait will be the launch pad for the unified Gulf currency, Deputy Premier and Foreign Minister Sheikh Dr. Mohammad Sabah Al-Salem Al-Sabah said Wednesday. KUNA (Kuwait News Agency) - 19Nov 08:16GMT
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  • US dollar peg beneficial, says SAMA chief


    Saudi Arabia's currency peg to the US dollar 'benefits' the kingdom and will remain as long as the greenback remains the main reserve currency globally, the central bank governor was quoted as saying on Wednesday. The Saudi Gazette - 19Nov 07:49GMT
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  • Sharjah Aims to Boost Trade Ties with India


    The UAE has invested more than Dh18billion in India and intends to further boost its economic ties with the subcontinent, whose citizens form the largest group of expatriates in the UAE, Minister of Foreign Trade Shaikah Lubna Al Qassimi said on Wednesday. Khaleej Times - 19Nov 07:22GMT
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Dubai's $10bn Bond - SCB View
 
Marios Maratheftis, Regional Head of Research at Standard Chartered Bank (SCB), talks about the issuance of the second half of the $20bn bond.
Dubai Eye - 17 Nov 2009

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Companies in Money

Most viewed companies by Community in the last 24 hrs
Company Name Country Industry
Consolidated Contractors Company Overseas Construction and Design
Saudi Binladin Group Saudi Arabia Construction and Design
Saudi Electricity Company Saudi Arabia Electric Utilities
Abu Dhabi Investment Council UAE Investment Firms and Funds
Agility Public Warehousing Company Kuwait Transportation Services
Saudi Telecom Saudi Arabia Telecommunications Services
Dodsal Engineering and Construction UAE Construction and Design
Egyptian General Petroleum Corporation Egypt Oil
Emirates Airline UAE Transportation Services
Abu Dhabi Water and Electricity Authority UAE Electric Utilities
 

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Top Pick 
Financial policy decision making is held hostage by those same financial institutions that few month ago were begging desperately to be spared the fate of Lehman, promising solemnly that they would behave impeccably from now on.
 
Nasser Saidi: Economics & Governance  blog by Nasser Saidi | 17Nov09
 
Most read blogs by Community in the last 24 hrs
1 Animal Spirits Redux?
2 Dubai: The World’s First City to Have Free WiFi?
3 The Strange Relationship between the Oil Price and the Stock Market
4 To suggest private equity fees (apart from carried interest) pay for Ferrari’s is absurd.
5 Extreme facts brought out by the 2008 Great Recession: Continuously Updated
 
 
 
 
 
 
  Major Currencies per USD
Euros *  1.48633  20Nov19:00
Pound Sterling *  1.65017  20Nov19:00
Expressed as 'bid' price per USD except*
  Regional Currencies per USD
Algerian Dinar  71.87500  20Nov13:30
Bahraini Dinar  0.37690  20Nov15:45
Egyptian Pound  5.45780  20Nov06:45
Irani Riyal  9913.50000  20Nov15:15
Iraqi Dinar  1153.50000  20Nov17:15
Jordanian Dinar  0.70820  20Nov13:30
Kuwaiti Dinar  0.28600  20Nov16:00
Lebanese Pound  1502.50000  20Nov15:15
Libyan Dinar  1.24360  15Sep05:00
Moroccan Dirham  7.62870  19Nov06:30
Omani Riyal  0.38510  20Nov13:30
Qatari Riyal  3.64070  20Nov15:15
Saudi Riyal  3.75030  19Nov19:45
Sudanese Dinar  234.38500  09Mar05:00
Syrian Pound  47.00900  15Sep05:00
Tunisian Dinar  1.29200  20Nov13:30
UAE Dirham  3.67300  20Nov15:15
Yemeni Riyal  205.50000  20Nov15:15
Expressed as 'bid' price
 
 
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Tender Notice Due Date
Supply of Vibration Measurement Instruments AA/09-10/M/191/S 21Dec09
Maintenance of Al Karana Sewage Lagoon AA/09-10/M/197/S 07Dec09
Replacement / Upsizing of Sewerline at Madinat Khalifa Area, Al Tadamon Street ِAA/09-10/M/196/S 23Nov09
Secondment of Professional Staff for Site Supervision and Consultancy Services for – Modification and Addition to Existing 36 Schools Around Doha and Villages BA/09-10/C/039/I 20Dec09
On Call Supply of G.I Pipes , Fitting & Hoses for Mechanical Workshop AA/09-10/M/147/I 27Dec09
Al Wakrah and Al Wukair Sewerage Scheme – House connections DA/HC/09-10/C/027/I 06Dec09
Supply, Delivery, Install, Testing and Commissioning of 3D Laser Scanners With Necessary Components, Accessories, Software, ON-Site Training and Warranty Support EBSD/09-10/N/007/I 22Nov09
Consultancy Service for Design, Development, Testing and Deployment of Integrated Qatar Design Enquiry system ( Q-DES) Including Q – PRO System Enhancements and Migration EBSD/09-10/N/002/I 13Dec09
Supply of Civil Material, Call – Off Contract AA/09-10/M/185/I 06Dec09
Post-Contract Professional Site Supervision and Quantity Surveying Consultancy Services for: Construction, Completion and Maintenance of Al Khor Park BA/09-10/S/024/I 06Dec09
Construction of Primary Health Care Centre at Al-Nuaim BA/09-10/C/011/G 12Jan10
Construction of Mosques, Imam Houses, ETC (Package 8) BA/09-10/C/019/G 22Dec09
Modification and Additions to Existing 36 NOS. Schools around Doha and Villages Package 1 (School No.11,12,19,30,31 &35) BA/09-10/C039/G 08Dec09
Rental of Light Vehicles and Drivers on a Regular & ‘Call-Off’ Basis GS/09-10/M/003/G 24Nov09
Development of Main Roads in Zone 46 RA/07-08/C/016/G 08Dec09
Road Improvement Works in Al Shamal Municipality- Zone( 76 to 79) RA/09-10/C/083/G 24Nov09
Road Improvement Works in Zone ( 56,57 ) and Doha South RA/09-10/C/086/G 24Nov09
Development of Roads In Block 1300 RA/09-10/C/081/G 08Dec09
Secondment of Professional staff -Quantity Surveyors, Planning/Cost Engineers, Business System Analysts, Project Management System Administrators and Document Controllers EBSD/09-10/N/003/G 08Dec09
Construction, Completion and Maintenance of al Khor Hospital Medical Training Center BA/09-10/C/003/G 24Nov09
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Zawya Select
ZawyaSelect
Rising Population
The GCC has one of the fastest-growing populations in the world and by 2020 is forecast to increase by one-third, to 53 million people, says the EIU.
 
 
UAE
How Does A Weak Dollar Affect Us?
The sliding US dollar is likely to trigger an increase in the prices of certain commodities in the UAE, but inflation overall will be muted by falls in global food and property prices, analysts say.
 
 
Labor Laments
While certain countries in the region like to boast that the crisis has largely passed them by, delegates at the ILO Arab Employment Forum (AEF) in Beirut pointed out that the Middle East already had a chronic employment problem well before the financial crisis struck.
 
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Company Ranking
Ranked by Market Cap 
Based on yesterday's close
 | No. of Employees | Total revenue
  Company Country Market
Cap
($mil)
1 Saudi Printing and Packaging Company Saudi Arabia 266
2 Nafais Holding Company Kuwait 236
3 Suez Canal Company For Technology Settling Egypt 233
4 Privatization Holding Company Kuwait 223
5 National Leasing Holding Qatar 190
» View Full List
 
 
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