Wednesday, March 4, 2015

Banks in Oman and Bahrain more vulnerable, Investment opportunities in downstream industries

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Finance and Economy
Saudi king's spending lifts non-oil business growth
The headline PMI for February has climbed to a four-month high of 58.5, up from 57.8 in January.
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Banks in Oman and Bahrain more vulnerable – S&P
The rating agency expects oil price decline to affect banking systems through banks' exposure to and deposits from oil.
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Saudi Arabia is the largest Arab investor in Egypt
The Arab world's most populous country is ranked 17th in the list of exporting nations to Saudi Arabia.
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Energy
Investment opportunities in oil and gas downstream industries
GCC States experience robust growth in oil and gas sector's downstream operations as they diversify economies.
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Doha Energy Forum to host top-100 industry leaders
The fifth Doha Energy Forum will host the Top-100 National and International executives tasked with shepherding the Qatar energy industry.
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Katch Kan launches its Middle East operations from Bahrain
The firm caters to companies in the oil and gas sector and the ME headquarters is its first presence outside of Canada and the USA.
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Real Estate
Dubai's real estate transactions hit AED3.3 billion last week
Transactions recorded by Dubai Land Department include lands, apartments, villas, sales and mortgages and "leasing ended by ownership".
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Qatar Holding set to become owner of Milan's Porta Nuova
The financial value of the massive redevelopment project in Italy is estimated to be more than $2.25 billion.
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     News
Lebanon central bank seeks to curb shadow banking
New regulations aim at confining lending activities to financial institutions with minimum capital requirements.
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Oman Air to launch services to Goa, Singapore, Dhaka
The Airline is confident that its new services will prove to be extremely popular with customers.
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Latest Audi A6 marks its debut in Qatar
The new Audi A6 embodies Audi's brand values of lightweight, efficiency and aerodynamics.
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Abu Dhabi launches halal tourism push at ITB Berlin
The trade mission will highlight the emirate's extensive credentials and opportunities for halal tourism to tour operators. 
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