Middle East, Asia stock markets rebound; China continues to plummet

Trouble viewing this email ? Forward to a friend! Finance Tech Energy Real Estate Transport and Tourism Media and Marketing Luxury Finance and Economy Middle East, Asia stock markets rebound; China continues to plummet The main index of the world's second biggest economy's exchange, The Shanghai Composite, fell 7.6 per cent after it dropped 8.5 per cent, the worst decline since 2007. Read more » UAE bourses rebound as global stock markets continue to slide Bourses in the UAE rebounded after showing a sharp downward trend in the early trade on Monday (24 August) sparked by a fresh decline in oil prices and the sell-off in the Chinese and other stock markets across the world. Read more » Saudi Arabia stock exchange index falls sharply The country's Tadawul All Share Index lost 0.6 per cent morning of 24 August, after falling 6.86 per cent the previous day, hit by a major decline in crude oil prices and the decision by Fitch Ratings to cut its outlook for the Arab country's debt.  Read more » FOLLOW US ON: Forward to a friend! Energy Capital inflow to Turkey drops 9.6 per cent in first half Foreign direct investment (FDI) in Turkey fell by 9.6 per cent in the first half of the year. As the Turkish Economy Ministry announced the news, the country's sole exchange slumped to a record low in ten months. Read more » Mideast petrochemical producers take major blows in stock markets The collective retreat of the region's stock exchange markets is driven by the steep fall of crude oil prices and China's economic slowdown and currency devaluation. Read more » Sharjah Electricity to save AED10 billion through rationalisation The strategy will be achieved by reducing electric power consumption by approximately 22.5 MW per day during the One Saving Hour Initiative launched by SEWA. Read more » Real Estate VIDEO: Phase 2 of MAG 5 affordable homes to launch at Cityscape Thanks to the high demand for affordable homes MAG 5 Property Development has seen, the company will add a second phase into the market to cater to Dubai's rapidly rising need for affordable housing. Read more » Kuwait oil price now below budget forecast Kuwait crude oil was traded at $43.1 a barrel on Friday, the lowest since January this year and $2 lower than the $45 average the government based its 2014/2015 budget on. Read more » FOLLOW US ON: Forward to a friend!      News VIDEO: Uber's vision for partnership with Dubai government With the number of tourist to double by 2020, Uber's vision in Dubai is to a partnership with the Dubai government for Smart mobility to reduce traffic and emission in the city through carpooling. Read more » VIDEO: Samsung sees positive growth with 2 new Smartphones Samsung has launched two premium Smartphones – the Galaxy Note 5 and the Galaxy S6 Edge Plus, their latest "flagships". Both products will officially be available in the GCC from August 28. Read more » VIDEO: Chinese tourists to Dubai grow 25 per cent, spending drops Dubai reported a 25 per cent increase in guest arrivals from China in the first six months of 2015 compared to same period last year with inflow of 241,000 Chinese tourists in the first of 2015 Read more » Apple store opening delayed in Dubai and Abu Dhabi The delay was reported after last week's claim from Bloomberg, who said Apple is likely to receive an exemption from foreign ownership laws to retain100 per cent control of operations in the country 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