Top News & Headlines | ZAWYA KSA Edition

markets

Saudi falls for second day, property stocks weigh on Dubai

Property stocks dragged down Dubai's market.

Wednesday 25 April 2018- Reuters News

oil and gas

Oil heads up to $74 a barrel, but U.S. bonds, crude supply cast a pall

Oil edged higher on Wednesday, nearing three-year highs.

Wednesday 25 April 2018- Reuters News

tourism

Dubai closes first quarter with record 4.7mln overnight visitors

India increases by 7%, Russia posts 106% rise and China up 12%

Wednesday 25 April 2018- WAM (Emirates News Agency)

islamic finance

Dubai to become leading Sukuk-listing hub

DIEDC outlined plans for developing the Sukuk market and increasing sukuk issuances and listings in Dubai to boost economic growth.

Wednesday 25 April 2018- CPI Financial

construction

Saudi sets up committee on Saudi Oger debt restructuring- sources

In recent weeks, the central bank has informed lenders that a committee will be formed to handle claims related to Saudi Oger, said the source

Wednesday 25 April 2018- Reuters News

jobs

Saudi Arabia needs 1.2mln jobs by 2022 to hit unemployment target- official

Getting hundreds of thousands of unemployed Saudis into the workforce is a major challenge for Crown Prince Mohammed bin Salman.

Wednesday 25 April 2018- Reuters News

mena

Economic confidence in Middle East highest since 2015

Economies in the Middle East have benefited from rising oil prices along with an improving global outlook

Wednesday 25 April 2018- CPI Financial

bahrain

Bahrain sets up new authority to oversee personal data

The authority will be responsible to check, validate, store and protect all personal data related to Bahrainis or expatriates

Wednesday 25 April 2018- Gulf Daily News

oil and gas

Total interested in exploring Saudi petrol station market with Aramco

One of the sources said a deal worth between $533mln to $800mln was being discussed.

Wednesday 25 April 2018- Reuters News

oil and gas

Kuwait Energy starts producing natural gas from field in southern Iraq

Siba began producing gas at an initial rate of 25mln cubic feet a day

Wednesday 25 April 2018- Reuters News

Interview: Radisson looks to improve margins after wave of new openings

Saudi sets up committee on Saudi Oger debt restructuring- sources

Total interested in exploring Saudi petrol station market with Aramco

SoftBank to move ride-hailing stakes worth $20bln to Saudi Vision Fund - FT

Saudi falls for second day, property stocks weigh on Dubai

Saudi Arabia to tender consolidation of project consultancy services- sources

Saudi Arabia’s first housing forum explores opportunities for real estate

Saudi firm injects another $266mln into housing finance market

Saudi sets up committee on Saudi Oger debt restructuring- sources

Saudi king Salman will patronize the launch of the Qiddiya Project

Expansion work on Jeddah’s College of Medical Sciences begins

Canada's SNC-Lavalin wins Saudi Aramco contract

Total interested in exploring Saudi petrol station market with Aramco

Makkah plant to pump 92,000 cbm of water daily

UAE's ADNOC awarded gas stations license in Saudi Arabia- statement

Saudi petchems fall in weak region but UAE's TAQA keeps rising

Saudi sets up committee on Saudi Oger debt restructuring- sources

Saudi insurance sector’s profit drops 55% in 2017

Saudi Arabian insurance profits drop 55% in 2017

First Saudi Arabian-linked banks join al-Gosaibi debt settlement plan

Bahrain's Ahli United Bank buys 7.3% stake in Saudi Bank AlJazira

Bonds and Sukuk: Structuring fixed income instruments in GCC

Saudi-based IDB and World Bank urge Islamic finance to play the long game

Saudi Arabia closes $16bln syndicated loan: LPC

SoftBank to move ride-hailing stakes worth $20bln to Saudi Vision Fund - FT

Saudi-backed fund invests with Alphabet

Saudi MCIT, Huawei sign MoU to foster innovation, entrepreneurship

Software sector witnesses highest talent turnover in MENA: Study

Kuwait orders Philippines ambassador to leave- KUNA

Saudi inflation starts to edge down as VAT impact lessens

Saudi Arabia needs 1.2mln jobs by 2022 to hit unemployment target- official

Economic confidence in Middle East highest since 2015

Kuwait orders Philippines ambassador to leave- KUNA

Dubai to become leading Sukuk-listing hub

Saudi sets up committee on Saudi Oger debt restructuring- sources

Saudi inflation starts to edge down as VAT impact lessens

Lebanon’s oil and gas exploration: What’s next?

Construction contractors in Jordan boycott gas deal project

Lebanon to prepare for second offshore oil and gas licensing round - minister

Lebanon's energy minister defends right to explore disputed Block 9

Cairo, EU to transform Egypt into regional energy hub: Minister

Decline in Egypt private sector’s share of bank loans to 63.2% end-2017

Algeria says oil price of $75 a barrel will allow for investment

Egypt's Qalaa Holdings' shares fall after regulator demands fair value study

Kuwait orders Philippines ambassador to leave- KUNA

Sinopec plans to extend cuts in Saudi crude oil imports to June, July - officials

Total interested in exploring Saudi petrol station market with Aramco

SoftBank to move ride-hailing stakes worth $20bln to Saudi Vision Fund - FT

Saudi falls for second day, property stocks weigh on Dubai

Oil heads up to $74 a barrel, but U.S. bonds, crude supply cast a pall

Dubai to become leading Sukuk-listing hub

Sinopec plans to extend cuts in Saudi crude oil imports to June, July - officials

Saudi falls for second day, property stocks weigh on Dubai

Saudi's Olayan says IPO depends on market conditions

Real estate investment trusts drive market growth in Saudi Arabia

Egypt's CI Capital IPO attracts strong demand -traders

Dubai to become leading Sukuk-listing hub

NMC Health's $450mln bond to boost Saudi expansion

Dollar stands tall as U.S. 10-year bond yield nears 3%

Reaping Remittances: NRIs mint money for India

Oil heads up to $74 a barrel, but U.S. bonds, crude supply cast a pall

Sinopec plans to extend cuts in Saudi crude oil imports to June, July - officials

Gold falls on strong dollar and higher U.S. yields

Iraq seeks 30,000 tonnes of rice in tender

25,000 Omani jobs target hit; ban on hiring expats ongoing

Bahrain sets up new authority to oversee personal data

Did Careem ignore advice on security breach vulnerabilities?

UAE Authority signs contract for 316 new buses

25,000 Omani jobs target hit; ban on hiring expats ongoing

Bahrain sets up new authority to oversee personal data

Sheikh Hamdan issues decree on Dubai public holidays

Jordan Commission requests ban of Careem app from all networks

Annual cost of cybercrime to hit $6tln by 2021

India police probe Twitter claim over fire at Rohingya camp

Indian opposition moves to impeach chief justice

EU suspects tax fraud at China's new gateway to Europe

Saudi sets up committee on Saudi Oger debt restructuring- sources

Dubai-based Careem plans to appeal Jordan suspension

Dubai launches initiative to accelerate e-commerce growth

Bahrain's Alba seeks exemption to U.S. aluminium tariffs- CEO