UAE banks to brace up for a rough 2015, Saudi bourse’s opening up may harm some GCC markets

Trouble viewing this email ? Forward to a friend! Finance Tech Energy Real Estate Transport and Tourism Media and Marketing Luxury Energy Iraq ranks second in global oil supply growth Iraq, ranked second, only behind the United States, produced around 3.4 million barrels of crude oil per day (bbl/d) in 2014, US Energy Information Agency says in its report. Read more » Decline in oil price saves Egypt EGP 30bn The sharp decline in crude oil prices over the past five months ended up saving Egypt EGP30 billion, Youm7 reports citing the Egyptian Minister of Investment. Read more » Ban Ki-moon approves Dubai development HH Sheikh Ahmed bin Saeed Al Maktoum and the Secretary General of the U N Ban Ki-moon, review the progress of the Dubai Carbon Centre of Excellence. Read more » FOLLOW US ON: Forward to a friend! Finance and Economy Dubai sees rise in business permits issuance Dubai issued 59,130 commercial permits during 2014 reflecting growing activity in various business areas including retailing and promotions. Read more » Oman's GDP hits OMR23.6 billion in 2014 Oil related activities witnessed an increase of 1.4 per cent to OMR11.4 billion, compared with OMR11.2bn in 2013. Read more » UAE banks to brace up for a rough 2015 The fall in oil prices, coupled with the volatility in equity markets are  expected to weigh on the banking sector's performance this year. Read more » Real Estate Emaar Properties announces financial results Recurring revenues from shopping malls, retail and hospitality businesses at AED 5.367 billion (US$ 1.461 billion), 54% of total revenue. Read more » Chestertons to unveil Dhs5.5bn project Property agency's new project caters to UAE investors who wish to expand their local or international real estate portfolios. Read more »      News Abu Dhabi's non-oil growth to slow in 2016 – Fitch The credit rating agency estimates Abu Dhabi's real GDP growth at 5.8 per cent in 2014, with non-oil growth close to seven per cent. Read more » Saudi bourse's opening up may harm some GCC markets The opening up Saudi's stock market may negatively affect Kuwait, Bahrain and Oman's markets. Read more » Lebanon confirms $3.7 billion Egypt investments Lebanon is the 15th biggest investor in Egypt with over $3.7 billion, reports KUNA citing Lebanese minister Alain Hakim. Read more » Emirates sees brand value grow to $6.6 billion Emirates, a global connector of people and places has reached the top 200 of the world's biggest brands for the first time. 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