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| Top 10 GCC Cities ●●● and Real Estate Leaders Achievements 2011 |
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- 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
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- 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
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- 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
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- 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
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- 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
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- 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
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- 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
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- 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
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- 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
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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%. |
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| BMW joins hands with AQSAT |
BMW Financial Services has announced a partnership with AQSAT, the financial company of Mohamed Yousuf Naghi, to provide a Shariah-compliant financial package to BMW Group customers in Saudi Arabia.
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| Malaysia sees Saudi Arabia as strategic ally |
 Saudi Arabia and Malaysia have set out a new vision of relationship in Islamic finance, money market and trade. Al-Rajhi Bank is currently discussing plans to tie-up with a Malaysian entity to develop sukuk, while Khazana Malaysia, the Malaysian govern .. المزيد |
| Oil Minister receives Al Rajhi Bank CEO |
 Oil and Gas Affairs Minister and National Oil and Gas Authority (NOGA) chairman Dr Abdulhussain Mirza today received Saudi Al Rajhi Banking Corporation Chief Executive Officer Jim Thetford and highlighted the crucial role of GCC national banks in spurr .. المزيد |
| GCC finance, economy undersecretaries meeting in Riyadh |
 The undersecretaries of finance and economy of the member states of the Gulf Cooperation Council (GCC) are due for a meeting in the Saudi Capital, Riyadh, on Thursday to prepare for the 84th meeting of the Financial and Economic Cooperation Committee, .. المزيد |
| Gulf economies to grow in single digits |
 On Behalf of
Business & Finance Club - Finance & Investment - Dubai: Most Gulf Arab economies will grow in low single digits this year, little changed from previous forecasts, as debt restructuring will weigh on credit growth, a Reuters poll showed .. المزيد |
| Australia gearing to expand Islamic finance |
 Assistant Treasurer tells UAE business leaders tax laws will be reviewed to ensure the growth of the industry. Australia will review its tax laws to ensure Islamic finance, banking and insurance products can expand, a top official said. .. المزيد |
| ADX posts slight rise |
The Abu Dhabi Securities Exchange (ADX) rose 0.11% to 2,856.66, with 13 stocks rising, 15 falling and seven holding steady. Abu Dhabi Aviation Co was the day's biggest riser, .. المزيد |
| Bank Muscat's Q1 net tumbles 49% |
 Oman's largest bank by market value, Bank Muscat, has posted a 49% decline in Q1 net profit to OR24.5m ($63.6m) from OR48.4m in the same period in 2009, as provisions against bad loans .. المزيد |
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The Directorate General of Economic Statistics implements more than 12 economic surveys a year. The interval differs from one survey to the other as some of them are conducted annually, others are quarterly or monthly.
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