Qatar raises July marine crude OSP to $99.75 a barrel
Qatar has raised its July retroactive official selling price (OSP) for Qatar Marine crude to $99.75 a barrel, up $4.15 from June, a trader said on Wednesday.
August 8, 2012 9:59-
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Dubai builder Arabtec posts second quarterly loss, misses view
Net loss is 11.6 mln dirhams; Revenue 1.3 bln dirhams vs 1.2 bln; Earnings miss analyst views
August 8, 2012 9:57 -
State fund Qatar holding looks to raise stake in Qatar insurance
Qatar Holding, a unit of the Gulf Arab state's sovereign wealth fund, is in talks to increase its stake in Qatar Insurance Co (QIC) through the purchase of new shares in the firm, the insurer said on Tuesday.
August 7, 2012 3:37
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International rights groups seek access to monitor Saudi courts
Four Saudi rights activists face criminal charges; Six foreign rights groups request access to trials
August 7, 2012 11:40 -
Air Arabia second quarterly net profit up 30 percent at $18 million
UAE budget carrier Air Arabia said quarterly net profit rose 30.7 percent at 66.15 million dirhams ($18 million), beating analysts' forecasts.
August 7, 2012 10:05 -
Kuwait’s Zain second quarterly net profit inches up 1 percent
Kuwaiti telecom operator Zain reported a 1 percent rise in quarterly profit on Monday.
August 6, 2012 4:08
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UAE’s ADNOC raises July Murban price to $101.75 per barrel
Abu Dhabi National Oil Co (ADNOC) said on Monday it has raised the July retroactive official selling price (OSP) for its key Murban crude by $4.40 a barrel from June to $101.75 a barrel.
August 6, 2012 4:08 -
Egypt’s Alcotexa sells 1,052 tonnes cotton in past week
Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 1,052 tonnes of cotton in the week that ended on Aug 4, an Alcotexa official said on Monday.
August 6, 2012 4:07 -
UAE’s NBAD tightens bond guidance further, to price Monday
National Bank of Abu Dhabi , the largest lender by market value in the United Arab Emirates, has further tightened price guidance for its seven-year benchmark bond issue, which is due to price later on Monday, lead managers said
August 6, 2012 4:07
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Olympics-Equestrian-Saudis lead going into team jump last round
A flawless round by a member of the Saudi royal family on Sunday helped vault Saudi Arabia into the lead going into the last round of the team show jumping final.
August 6, 2012 10:33 -
Gulf Arab Countries To Discuss Unity In September
The foreign ministers of six Gulf Arab countries will meet in September to discuss a plan for closer integration of the mostly Sunni Muslim monarchies, Saudi Arabia's English-language Arab News reported on Sunday.
August 5, 2012 3:56 -
QP samurai may mean trickle, not flood of gulf yen bonds
Qatar Petroleum's Samurai pricing likely this week; Only third yen-denominated bond from Gulf; Samurais offer new investors, cheap costs; Growing trade links between Japan, Middle East; But long process means no flood of Samurai expected
August 5, 2012 3:54
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Qatar Telecom Unit Agrees $406 Mln Tower Deal With Tower Bersama
Qatar Telecom unit Indosat has concluded a sale and leaseback agreement worth $406 million with Tower Bersama Infrastructure (TBIG), the Qatari firm said in a statement on Sunday.
August 5, 2012 3:53 -
Qatar’s Barwa Real Estate H1 Profit Slumps 21.1 Pct
Barwa made a net profit of 593.6 million riyals ($163 million) for the opening six months of this year, versus 752.5 million riyals in the same period of 2011, it said in a bourse filing on Sunday. It did not provide other figures.
August 5, 2012 3:52 -
Dubai’s DFM Lifts Index Despite Q2; UAE Property Stocks Rally
Dubai Financial Market, the Gulf's only listed bourse, helps lift the emirate's index to close at a 13-week high as investors shrug off weak quarterly earnings amid a property stocks rally. Qatar's main index hits a two-month high.
August 5, 2012 3:47
