The tourism market in Dubai continues to be dominated by visitors from Saudi Arabia, India and the UK, according to the Middle East Hotel Market Insight report issued by Deloitte and STR Global today. KSA drove the largest number of…
Month: October 2015
Saudi Arabian mining conference opens in Riyadh
The Saudi Mining & Minerals Exhibition & Symposium 2015 kicks off today with Saudi Arabia’s Minister of Petroleum & Mineral Resources Ali Bin Ibrahim Al-Naimi, delivering a keynote address on the achievements and outlook for the Kingdom’s mining industry and…
Fifteen shortlisted for Muhr Short Film prize
The final eight films to complete the Muhr Short Competition lineup have been revealed today by the Dubai International Film Festival (DIFF). The competition is set to host 15 films over the course of the festival. The Muhr Short Competition…
Fitch rates QIB’s $750m sukuk at A+
Fitch Ratings has assigned an A+ rating to QIB Sukuk Ltd’s $750m five-year trust certificates. QIBSL is a special purpose vehicle (SPV), incorporated in the Cayman Islands to act as the issuer of the certificates and trustee for the holders…
IMF calls for Saudi finance, energy and labour market reform
Saudi Arabia should develop a comprehensive macroprudential framework, reduce domestic energy subsidies and promote the employment of nationals, the IMF said in a report published on 15 October. The report follows the publication last month of the IMF’s annual Article…
Three in the running for film festival award
Three GCC film makers have been shortlisted for the Dubai International Film Festival (DIFF) IWC Filmmaker Award. The nominees are: Qatari director Khalifa Al Muraikhi, for his project “Sahaab” Saudi director Shahad Ameen, for her feature “Scales”; and Emirati director…