Kanoo family rated #9 in the Arabian business Rich List 2009

In a recent report published by arabianbusiness.com, Kanoo family was ranked #9 in the list of most rich persons in the gulf with a total capital of 6.1 Billion Dollars.
The full list is available here
http://www.arabianbusiness.com/richlist/list

Business confidence rises in Gulf

Middle East: A new report by HSBC Holdings says business confidence in the GCC climbed in the second quarter due to optimism that company sales and profits would improve. The HSBC Gulf Business Confidence Index rose to 79.4 from 74.8 in previous quarter, the bank said in a survey. Bahrain was the only country to show a slight fall in confidence. The online survey was compiled by YouGov Siraj and involved 1,823 business people in Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Oman and Bahrain.



Middle East telecoms in excellent health

United Arab Emirates: The Middle East Communications exhibition and conference (Mecom) which recently concluded in Abu Dhabi provided the perfect platform for the region's key industry players to debate the future landscape of the region's telecoms market, according to the organisers, IIR Middle East.

International TV shows top in Gulf

Middle East: International TV shows a strong performance in the Gulf and non -Gulf areas with a weekly viewing of 96%, according to EMS Middle East 2009, a study released by market research firm Synovate. EMS Middle East surveys approximately the top 13% of adults in 13 cities of the Gulf and non-Gulf area. The media survey looks into media usage for over 100 TV channels, 200 print titles and 40 websites vis-a-vis purchasing habits, business decision making, lifestyles and psychographics of the wealthiest adults in the UAE, Saudi Arabia, Qatar, Kuwait, Bahrain, Egypt, Lebanon and Jordan.