Oil prices fall as Iran, world powers reach nuclear deal

Trouble viewing this email ? Forward to a friend! Finance Tech Energy Real Estate Transport and Tourism Media and Marketing Luxury Finance and Economy UAE non-oil foreign trade totals AED4.8 trillion in 5 years The value of the Arab country's non-oil foreign trade stood at AED754.4bn in 2014 and jumped to AED1.07trn in 2014. In 2013, it amounted to AED1.06trn. Read more » Saudi banks' profits rise 7 per cent to SAR23 billion in 6 months According to the accounts of the first half of 2015, 11 banks witnessed profits, while Al Rajhi Bank's profits dropped by five per cent to SAR3.5bn, compared to SAR3.7bn profits in the same period last year. Read more » Non-oil sector continues to underpin Qatar's economic growth The main drivers of growth in the non-oil sector were construction, financial services and industry. Mega infrastructure ventures also remain prime movers of economic growth. Read more » FOLLOW US ON: Forward to a friend! Energy Oil prices fall as Iran, world powers reach nuclear deal It is estimated that Iran, whose exports have been sharply curbed by sanctions in recent years, could add up to 800,000 barrels a day to the market within a year. Read more » Bahrain imported Saudi oil worth $7.4 billion in 2014 Bahrain benefits from the refining operations by supplying local markets with their needs for fuel products, along with exporting products to international markets and benefiting from high profit margins. Read more » Egypt government received 183 requests to invest in clean energy The requests came as part of the state's efforts to expand investments in the renewable and clean energy field and construct new power stations to ease pressure on the nation's current power resources. Read more » Real Estate Dubai ranks second in world's property market The Dubai property market is one of the markets that collapsed during the 2008 crisis, when property prices fell by half in a single day. Read more » Value of Saudi property deals declines The Saudi real estate market ended the first half of 2015 with a decline of 19.7 per cent in the value of deals compared with the same period of 2014. Read more » FOLLOW US ON: Forward to a friend!      News UAE consumers flock to social media for improved customer experience: study The tech-savvy consumers are 20 per cent more active on Facebook than the global average. They are 34 per cent more active on MSN and web chat, and 30 per cent more active on WhatsApp. They are also more active on Skype than any other country in the research, with 50 per cent of them using it several times a week. Read more » ​Saudi's Mobily names new CEO amid irregularity probe​ The operator removed its previous CEO Khalid Al-Kaf in February, who had been suspended since November 2014 when the company first revealed significant accounting issues. Read more » UAE and China officials meet to boost trade ties There are more than 300,000 Chinese nationals working and living in the UAE, in addition to more than 4,200 Chinese companies, 356 trade agencies and more than 2500 trade labels registered to the ministry. Read more » MEA smartphone shipments to exceed 150m units The smartphone growth in the MEA region is being spurred by Google's Android and Apple's iOS, with the two platforms accounting for more than 95 per cent of the smartphones shipped in Q1 2015. 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