Gulf Business http://gulfbusiness.com Wed, 23 Apr 2014 05:04:25 +0000 en-US hourly 1 http://wordpress.org/?v=3.8.3 Saudi Watchdog To Regulate Homegrown YouTube Shows http://gulfbusiness.com/2014/04/saudi-watchdog-regulate-homegrown-youtube-shows/ http://gulfbusiness.com/2014/04/saudi-watchdog-regulate-homegrown-youtube-shows/#comments Wed, 23 Apr 2014 04:36:17 +0000 http://gulfbusiness.com/?p=45303 Dissatisfaction over state broadcasters' staid programming and societal restrictions have created a large audience for web-based entertainment in the Kingdom.

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Kuwait Wataniya First-Quarter Profit Rises 1.5% Despite Domestic Slump http://gulfbusiness.com/2014/04/kuwait-wataniya-first-quarter-profit-rises-1-5-despite-domestic-slump/ http://gulfbusiness.com/2014/04/kuwait-wataniya-first-quarter-profit-rises-1-5-despite-domestic-slump/#comments Wed, 23 Apr 2014 04:29:38 +0000 http://gulfbusiness.com/?p=45301 Wataniya made a net attributable profit of 19.8 million dinars ($70.3 million) in the three months to March 31.

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ADCB Q1 Net Profit Climbs 15% http://gulfbusiness.com/2014/04/adcb-q1-net-profit-climbs-15/ http://gulfbusiness.com/2014/04/adcb-q1-net-profit-climbs-15/#comments Tue, 22 Apr 2014 13:33:57 +0000 http://gulfbusiness.com/?p=45295 UAE lender beats analyst expectations in the first quarter.

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Spread Of MERS In Saudi Arabia Accelerates With 17 New Cases http://gulfbusiness.com/2014/04/spread-mers-saudi-arabia-accelerates-17-new-cases/ http://gulfbusiness.com/2014/04/spread-mers-saudi-arabia-accelerates-17-new-cases/#comments Tue, 22 Apr 2014 13:26:54 +0000 http://gulfbusiness.com/?p=45293 The jump in infections is particularly concerning due to the large number of pilgrimsset to visit the country in July during Ramadan

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Oman Expects 5% Growth In 2014 -Central Bank http://gulfbusiness.com/2014/04/oman-expects-5-growth-2014-central-bank/ http://gulfbusiness.com/2014/04/oman-expects-5-growth-2014-central-bank/#comments Tue, 22 Apr 2014 13:17:52 +0000 http://gulfbusiness.com/?p=45291 Head of Oman's Central Bank says infrastructure projects are generating economic activity.

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Emaar Q1 Net Profit Rises 55% http://gulfbusiness.com/2014/04/emaar-properties-q1-net-profit-rises-55/ http://gulfbusiness.com/2014/04/emaar-properties-q1-net-profit-rises-55/#comments Tue, 22 Apr 2014 11:39:13 +0000 http://gulfbusiness.com/?p=45285 The Dubai property developer's profit increase fell slightly below analyst expectations.

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Saudi Arabia’s Home Finance Company In Final Stages -Sponsor http://gulfbusiness.com/2014/04/saudi-arabias-home-finance-company-final-stages-sponsor/ http://gulfbusiness.com/2014/04/saudi-arabias-home-finance-company-final-stages-sponsor/#comments Tue, 22 Apr 2014 10:59:37 +0000 http://gulfbusiness.com/?p=45275 Finance ministry and ICD venture Bidaya will submit an application for a licence as soon as regulations under the kingdom's mortgage laws are finalised.

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Rising Affordability And Lifestyle Related Diseases To Boost GCC Healthcare Market http://gulfbusiness.com/2014/04/rising-affordability-lifestyle-related-diseases-boost-gcc-healthcare-market/ http://gulfbusiness.com/2014/04/rising-affordability-lifestyle-related-diseases-boost-gcc-healthcare-market/#comments Tue, 22 Apr 2014 10:44:33 +0000 http://gulfbusiness.com/?p=45269 Qatar and the UAE are expected to be the fastest growing GCC healthcare markets from 2013 to 2018, while Saudi Arabia will remain the largest.

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Consortium Agrees $500mn National Petroleum Services Buy http://gulfbusiness.com/2014/04/consortium-agrees-500mn-national-petroleum-services-buy/ http://gulfbusiness.com/2014/04/consortium-agrees-500mn-national-petroleum-services-buy/#comments Tue, 22 Apr 2014 09:55:36 +0000 http://gulfbusiness.com/?p=45266 No information was given as to the stake size being acquired, but some current shareholders will remain as minority shareholders, Fajr Capital said.

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Dubai To Sell 15-Yr Benchmark Sukuk http://gulfbusiness.com/2014/04/dubai-sell-15-yr-benchmark-sukuk-today/ http://gulfbusiness.com/2014/04/dubai-sell-15-yr-benchmark-sukuk-today/#comments Tue, 22 Apr 2014 08:28:28 +0000 http://gulfbusiness.com/?p=45262 Initial price thoughts on the Islamic bond have been set between 5 and 5.125 per cent.

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UK Seeks Gulf Investors For Dhs600bn Of Projects http://gulfbusiness.com/2014/04/uk-seeks-gulf-investors-dhs600bn-projects/ http://gulfbusiness.com/2014/04/uk-seeks-gulf-investors-dhs600bn-projects/#comments Tue, 22 Apr 2014 07:25:14 +0000 http://gulfbusiness.com/?p=45258 Calls for investors in projects consisting of 27 million square metres of new prime floor space and 220,000 homes.

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Bahrain’s Investcorp To Acquire US-Based Totes Isotoner Corp http://gulfbusiness.com/2014/04/bahrains-investcorp-acquire-us-based-totes-isotoner-corp/ http://gulfbusiness.com/2014/04/bahrains-investcorp-acquire-us-based-totes-isotoner-corp/#comments Tue, 22 Apr 2014 06:52:24 +0000 http://gulfbusiness.com/?p=45256 Investcorp said the acquisition would help Totes Isotoner expand its geographic footprint and product range.

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Qatar Electricity And Water Q1 Net Profit Rises 49% http://gulfbusiness.com/2014/04/qatar-electricity-water-q1-net-profit-rises-49/ http://gulfbusiness.com/2014/04/qatar-electricity-water-q1-net-profit-rises-49/#comments Tue, 22 Apr 2014 06:06:24 +0000 http://gulfbusiness.com/?p=45248 State-run utility's net profit rises by nearly half in the three months to March 31.

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Five Minutes With… Mark Preston, CEO And Executive Chairman, City Index http://gulfbusiness.com/2014/04/five-minutes-mark-preston-ceo-executive-chairman-city-index/ http://gulfbusiness.com/2014/04/five-minutes-mark-preston-ceo-executive-chairman-city-index/#comments Tue, 22 Apr 2014 05:32:28 +0000 http://gulfbusiness.com/?p=45242 Having just opened the company's first Middle Eastern office in Dubai via sister brand FX Solutions, Mark Preston, CEO and executive chairman of City Index, talks the local forex market, the impact of technology and the global investment climate.

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The GCC’s Food Security Dilemma http://gulfbusiness.com/2014/04/gccs-food-security-dilemma/ http://gulfbusiness.com/2014/04/gccs-food-security-dilemma/#comments Tue, 22 Apr 2014 05:15:07 +0000 http://gulfbusiness.com/?p=45220 A lack of arable land and growing number of mouths to feed makes food security a pressing issue for the GCC.

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Saudi Telco Mobily Q1 Net Profit Rises 4.5%, Misses Estimates http://gulfbusiness.com/2014/04/saudi-telco-mobily-q1-net-profit-rises-4-5-misses-estimates/ http://gulfbusiness.com/2014/04/saudi-telco-mobily-q1-net-profit-rises-4-5-misses-estimates/#comments Tue, 22 Apr 2014 04:45:17 +0000 http://gulfbusiness.com/?p=45235 Mobily made a first-quarter net profit of 1.4 billion riyals ($373.3 million), up from 1.34 billion riyals in the prior-year period.

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Saudi Telecom Q1 Profit Rises 54% http://gulfbusiness.com/2014/04/saudi-telecom-q1-profit-rises-54/ http://gulfbusiness.com/2014/04/saudi-telecom-q1-profit-rises-54/#comments Tue, 22 Apr 2014 04:25:13 +0000 http://gulfbusiness.com/?p=45232 The firm made a net profit of 2.39 billion riyals ($637.3 million) in the three months to March 3.

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Saudi Arabia Replaces Health Minister Amid MERS Virus Fears http://gulfbusiness.com/2014/04/saudi-arabia-replaces-health-minister-amid-mers-virus-fears/ http://gulfbusiness.com/2014/04/saudi-arabia-replaces-health-minister-amid-mers-virus-fears/#comments Tue, 22 Apr 2014 04:13:28 +0000 http://gulfbusiness.com/?p=45237 Abdullah al-Rabeeah's post will be taken over by Labour Minister Adel Fakieh, who keeps his current post, according to a royal decree.

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Kuwait’s Stock Exchange Takes Step Towards Delayed IPO http://gulfbusiness.com/2014/04/kuwaits-stock-exchange-takes-step-towards-delayed-ipo/ http://gulfbusiness.com/2014/04/kuwaits-stock-exchange-takes-step-towards-delayed-ipo/#comments Tue, 22 Apr 2014 04:00:19 +0000 http://gulfbusiness.com/?p=45230 The country has been considering an IPO of its stock market for years, but political infighting and entrenched bureaucracy delayed it.

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Abu Dhabi Airport Passenger Traffic Up 15% In Q1 2014 http://gulfbusiness.com/2014/04/abu-dhabi-airport-passenger-traffic-15-q1-2014/ http://gulfbusiness.com/2014/04/abu-dhabi-airport-passenger-traffic-15-q1-2014/#comments Mon, 21 Apr 2014 13:02:22 +0000 http://gulfbusiness.com/?p=45212 The airport welcomed around 4.5 million passengers during the first three months this year.

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