Latest GCC News

Last Updated: Tue, May 3 2016 | 4:29 PM |
Saudi Arabia working on SME bourse rules for early 2017 launch
Markets»

Saudi Arabia working on SME bourse rules for early 2017 launch

Tuesday, 3 May 2016 8:29 PM

Tadawul announced last month that it planned to open the new exchange next year

Emirates passenger said to lose over $250k in 'mid-air theft'
Transport»

Emirates passenger said to lose over $250k in 'mid-air theft'

Tuesday, 3 May 2016 7:35 PM

Male passenger alerts airline staff after cash and valuables go missing during flight from Dubai to Hong Kong

Qatar testing turf able to survive desert sun for 2022 World Cup
Sport»

Qatar testing turf able to survive desert sun for 2022 World Cup

Tuesday, 3 May 2016 6:59 PM

Qatar's World Cup will be held in November when temperatures still reach the mid-20 degrees Celsius

Saudi Arabia plans new labour scheme to cut unemployment
Politics & Economics»

Saudi Arabia plans new labour scheme to cut unemployment

Tuesday, 3 May 2016 6:53 PM

Government plans new set of labour quotas and incentives as it tries to wean its economy off oil exports

Gulf Capital buys Saudi's Multibrands, has $250m to spend in 2016
Banking & Finance»

Gulf Capital buys Saudi's Multibrands, has $250m to spend in 2016

Tuesday, 3 May 2016 5:26 PM

Private equity firm announces purchase of Saudi Arabian food and drinks distributor

Qatar Airways says new Adelaide route worth $30m to local economy
Transport»

Qatar Airways says new Adelaide route worth $30m to local economy

Tuesday, 3 May 2016 5:12 PM

Doha carrier launches flights to fourth Australian city; says they will generate more than 200 local jobs

6 tips on selecting the right education for your child
Education»

6 tips on selecting the right education for your child

Tuesday, 3 May 2016 4:15 PM
UAE's ADS Securities says has $13bn of bond issues lined up
Banking & Finance»

UAE's ADS Securities says has $13bn of bond issues lined up

Tuesday, 3 May 2016 4:07 PM

Governments and companies seeking to raise capital to cope with falling oil prices and a stuttering global economy

Qatar's Ezdan mandates banks for planned $2bn sukuk
Banking & Finance»

Qatar's Ezdan mandates banks for planned $2bn sukuk

Tuesday, 3 May 2016 3:50 PM

Developer, which was founded by members of the ruling al-Thani family, last month received shareholder approval

Saudi Arabia plans stock market reforms to draw foreign money
Markets»

Saudi Arabia plans stock market reforms to draw foreign money

Tuesday, 3 May 2016 3:05 PM

Reforms announces as Gulf kingdom grapples with damage to its finances caused by low oil prices

Abu Dhabi's Waha Capital Q1 profit drops 3.5% on higher costs
Banking & Finance»

Abu Dhabi's Waha Capital Q1 profit drops 3.5% on higher costs

Tuesday, 3 May 2016 2:42 PM

Abu Dhabi investment firm says it made a net profit of $47.9m in the three months to March 31

Companies warned over 'Bahrainisation' violations
Politics & Economics»

Companies warned over 'Bahrainisation' violations

Tuesday, 3 May 2016 2:10 PM

Employers who fail to follow the quotas for employing Bahraini nationals will be fined $800 per worker

Oil to stabilise at $50-60 by end-2016, says Kuwait's KPI
Energy»

Oil to stabilise at $50-60 by end-2016, says Kuwait's KPI

Tuesday, 3 May 2016 2:02 PM

Kuwait Petroleum International chief also says prices could reach $80 in 3-4 years' time

Qatar's population climbs 9% to 2.5 million
Culture & Society»

Qatar's population climbs 9% to 2.5 million

Tuesday, 3 May 2016 1:54 PM

Gulf state’s population growth rises by 9.2% annually and marks an all-time high for the nation.

Saudi Arabia's first privately run airport terminal set to open
Transport»

Saudi Arabia's first privately run airport terminal set to open

Tuesday, 3 May 2016 1:54 PM

Terminal 5 to open during Ramadan; has capacity to accommodate more than 12 million passengers a year


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