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Monday 19 June 2006 (23 Jumada al-Ula 1427)

Dubai Overtakes Kingdom as Regional Ad Hub

DUBAI, 19 June 2006 — The Gulf emirate of Dubai, a thriving business hub, has become the “capital of advertising” in the Middle East due to its rapid growth and the facilities it offers, industry experts... Full Story


Gulf Cooperation Council Monetary Integration

The 2005 French and Dutch European Union “No” votes for the proposed European Union constitution is a good opportunity for those in the Gulf Cooperation Council (GCC) to reflect on what they wish to... Full Story


Creating Benchmark for Sectors and Allocation of Funds Must

JEDDAH, 19 June 2006 — To determine a proper price for a firm’s stock, the analyst must forecast the dividend and earnings that can be expected from the firm. This is the heart of fundamental analysis... Full Story




UAE Is Top Investor in Kingdom

RIYADH, 19 June 2006 — The United Arab Emirates (UAE) has overtaken Japan as the dominant foreign investor in the Kingdom following the award of an SR100 billion project to Emaar Properties of Dubai... Full Story


HSBC Amanah Expands Islamic Banking Business

LONDON, 19 June 2006 — HSBC Amanah, the global Islamic financial services division of the HSBC Group, is consolidating its stranglehold on Islamic finance by a global banking major, at a time of market... Full Story


SR188m Deal Signed to Refurbish Yanbu Airport

MADINAH, 19 June 2006 — Crown Prince Sultan, the deputy premier and minister of defense and aviation, yesterday signed a contract with a national company to refurbish Yanbu airport at a total cost... Full Story


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