Experts say drastic property market correction in Dubai unlikely, Oil markets to rebound in Q3,EMEA non-financial companies retain strong liquidity

Trouble viewing this email ? Forward to a friend! Finance Tech Energy Real Estate Transport and Tourism Media and Marketing Luxury Finance and Economy Four Arab bourses gain $72billion in first half of 2015 While the bourses of Saudi Arabia, Dubai, Abu Dhabi and Muscat recorded an increase, those of Egypt, Kuwait, Bahrain, Jordan and Qatar fell. Read more » EMEA non-financial companies retain strong liquidity The liquidity of non-financial companies in Europe, the Middle East and Africa remains strong, with 95 per cent of firms able to meet their cash requirements over the next 12 months, according to a new survey. Read more » UAE banks extend AED17.4bn in personal loans in 5 months Also, in May, the total balance of bank deposits increased by AED5.3bn to AED1.44trn. The rise in the deposits portfolio is driven by an increase of AED7.4bn in residents' deposits. Read more » FOLLOW US ON: Forward to a friend! Energy Kuwait's crude exports to Japan hit 16-month high The total volume of oil shipped by Kuwait to the Far East Asian nation is actually the largest since January 2014 when oil exports hit 11.3m barrels. Read more » Expert: Oil markets to rebound in Q3 The expected significant recovery will be driven by higher seasonal demand on oil, especially in the United States, as a number of refineries will resume work following a period of maintenance, says Kuwaiti oil expert, Muhammad al-Shatti. Read more » Egypt mulls fuel price hike in new budget The price hike will include derivatives such as gasoline, diesel and fuel oil, according to the source. The move aims to rein in a swelling budget deficit and public debt and comes as part of a five-year programme to shore up public finance. Read more » Real Estate Saudi Arabia sees 30 per cent decline in property prices Economists attribute this decline to several factors, including the oversupply and lack of demand (recession), the entry of the month of Ramadan, in addition to the school holidays. Read more » Roads, railways projects in GCC get lion's share of government spending Saudi Arabia spent more than $90bn on this sector and has plans for five metro projects, buses and thousands of kilometres of railway networks during the next ten years in major cities of the kingdom. Read more » FOLLOW US ON: Forward to a friend!      News Experts say drastic property market correction in Dubai unlikely A survey reveals that 84 per cent of the respondents do not believe Dubai property prices will plunge in the same way they did in the 2008-9 market correction Read more » Emirates airline rejects US carriers' subsidy allegations Dubai's Emirates airline has rejected allegations of subsidy and unfair competition levelled by three carriers and certain aviation trade bodies in the US. Read more » First privately-owned airport opens in Madina GACA announced that a new terminal, under construction in the Saudi capital Riyadh, will also be operated by an international company. Read more » Microsoft launches Surface 3 with 4G LTE The newest addition to Microsoft's Surface products, the Surface 3 (4G LTE), which – as of last weekend – is being released around the world. Read more » Forward to a friend! To ensure delivery to your inbox, please add reply@advertising.mediaquestcorp.com to your address book. Privacy Policy | Terms of Service | About us | Unsubscribe © Copyright 2015 AMEinfo. All Rights Reserved. www.ameinfo.com P.O. BOX 72184 Dubai Media City, Zee Tower, Office 206, United Arab Emirates info@mediaquestcorp.com    |    Contact