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Top 10 GCC Cities ●●● and Real Estate Leaders Achievements 2011
    • Yearl Membership

    • Business and finance group launches Top 10 GCC Cities project about real estate leadership and achievements. The launch of this media and economic project comes to cover
    • Economic Accomplishments

    • This event is regarded as the first joint economic Gulf grouping between the performances of the secretariats and municipals of the Top 10 GCC Cities.t
    • Letters of the Strategic Support

    • Letter of Ministry of Municipal and Rural Affairs Letter of Jeddah Municipality Letter of Jeddah Municipality 2 Letter of Holy Capital Letter of Eastern Province Municipality
    • Program Features and Activities

    • This program is the first and largest specialized event which highlights the main accomplishments and those being implemented in the top (10) ten GCC Cities
    • Unlimited Investments

    • The Board of Directors of the Business and Finance Group expresses to you its regards and wish you further progress and prosperity, and we are pleased
    • Registeration Application

    • The Business & Finance Group is pleased to invite you to participate in the Forum & Ceremony of Real Estate Leaderships and Accomplishments of GCC Cities under the sponsorship of Jeddah
    • Electronic Information Center

    • Info ME Information Center electronic specialist section in queries with regard to electronic companies, sectors and information about companies, you can ask a question and be
    • Program of Advertising Participant

    • The Group has allocated an extensive media coverage for all the audio, visual and text media in order to deliver the information needed locally, regionally and internationally
    • Sponsorship Category

    • includes the publishing of (10) issues, where an issue is published each month for each a city participating in this event, as per the rank of each Gulf city in this letter, and the issues are published monthly by the Business & Finance Club Magazine, which is one of the Group’s media activities
   
 

Finance Sector

Oil boom in the GCC countries correlated with the council’s adoption of many plans aiming to attract investments to the region. Though the last three decays witnessed gulf investors headed to invest in other countries, and the spread of (petro-dollars) phenomenon which is a mechanism to circulate the Gulf petroleum earnings in the markets of the world, many changes had happened made the national investors return to invest their money in their countries particularly after September,11 events. The rates of the national and foreign investment flow have increased encouraged by the facilities offered by the council’s countries to attract the national and foreign investments particularly the tax exemption for some projects and issuing more regulations so as to free the real estate circulation in the regions’ countries. The most important pushing facts of the investment rising in the countries of the council are the rise of the rates of the monetary liquidly and that mean the abundance of investment channels. The rates of the local flowage in the countries of the council to reach in the year 2006 in UAE 23,21%, Saudi Arabia 19,31%, Bahrain 14,89%, KUWAIT, 21,66, Qatar 37, 95%, Oman 24,49%.

Bahrain bank in collection tie-up with Noono
Business & Finance Club - Manama : Bahrain’s Khaleeji Commercial Bank (KHCB) has signed a deal with Noono Exchange Company to act as a cash collector agent on behalf of the bank. .. المزيد
Saudi banks ease foreign investment drive
Business & Finance Club - Riyadh : Saudi Arabia's banks have eased a drive to amass investments abroad as they appear to be shifting their interest back to the domestic market after keeping a low profile for more than a year, according to official data. .. المزيد
Saudi Arabia sees jump in private sector lending
Business & Finance Club - Riyadh : Bank lending in Saudi Arabia bounced back in June to record its largest monthly gain since August last year and the second-highest growth since late 2008, the latest data from a Riyadh-based Jadwa Investment showed. .. المزيد
NBAD half-year profit up on higher interest income
Business & Finance Club - Abu Dhabi: National Bank of Abu Dhabi has reported net profits of Dh2.03 billion for the first half of 2010 — up 21.1 per cent on the Dh1.67 billion in the same period last year. .. المزيد
Boubyan Bank posts KD 3 mln profit for 1st half of 2010
Business & Finance Club - KUWAIT : Boubyan Bank posted a net profit of KD three million in the first half of 2010, compared to a net loss of KD 11.7 million for the same period last year. .. المزيد
Kuwait's Commercial Bank swings to profit in Q2
Business & Finance Club - Kuwait : Commercial Bank of Kuwait (CBK) posted a KD2.3m ($7.98m) net profit for the second-quarter, compared with a net loss of KD2.3m a year ago. .. المزيد
Commercial Bank of Dubai's ratings affirmed
Business & Finance Club - UAE : Capital Intelligence (CI), the international credit rating agency, today announced that it has affirmed the Commercial Bank of Dubai's (CBD) Foreign Currency ratings at A long-term and A2 short term with a Stable Outlook an .. المزيد
$3.5bn Qatari Diar financing for Barwa
Business & Finance Club - Qatar : Barwa Real Estate Co yesterday said one of its units got a $3.5bn Islamic murabaha financing from Qatari Diar Finance. The financing is in two murabaha contracts: the first provides $1bn maturing in July 2015, and the sec .. المزيد
Kuwait Finance House posts $598.5m profit
Business & Finance Club - Kuwait : Kuwait Finance House Group (KFH) achieved a total gross profit of 172.8 million Kuwaiti dinars ($598.5m) for the first half of the year and a net profit attributable to shareholders of 70.8m dinars. .. المزيد
Dubai planning bourse for SMEs
Business & Finance Club - DUBAI: Dubai aims to set up an alternative stock market for small and medium enterprises (SMEs) to create more exit options for the region's private equity sector, the chief economist of the emirate's economic free zone said. .. المزيد
 Archive
 
Kingdom to make cars for Gulf and N. Africa
Economic Achievements : Saudi Arabia
UAE Ministry of Health launches iodine deficiency screening progamme
Economic Achievements : United Arab Emarites
Jabal Omar signs $906m contract for mega project development
Economic Achievements : Saudi Arabia
Emaar Properties enters collaboration with Emirates Healthcare Limited on healthcare portfolio
Economic Achievements : United Arab Emarites
King Fahd University to introduce environmental studies
Economic Achievements : Saudi Arabia
Bahrain Polytechnic announces admissions opening
Economic Achievements : Bahrain
Flydubai takes delivery of four new aircraft
Economic Achievements : United Arab Emarites
Khaleeji Commercial Bank holds a workshop on corporate governance
Economic Achievements : Bahrain
DP World announces partnership with Plastic Free Ocean
Economic Achievements : United Arab Emarites
Print industry leaders predict business upturn
Economic Achievements : United Arab Emarites
Abu Dhabi Motors quadruples Rolls-Royce sales from January to November 2010
Economic Achievements : United Arab Emarites
Drydocks World wins $13m BW Offshore contract
Economic Achievements : United Arab Emarites
Dubai's RTA completes work on 1st interchange
Economic Achievements : United Arab Emarites
DP World sells 75% of operations in Australia
Economic Achievements : United Arab Emarites
Jumeirah Group plans expansion in China
Economic Achievements : United Arab Emarites