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Banks seek to reduce debt burden of Emiratis
Source : Khaleej Times  
Date : 2013-05-24
The UAE's banking industry showed significant growth in the first quarter of the year as assets grew 4.8 per cent year-on-year and customers deposits climbed six per cent, reflecting significant...
GPIC marks work safety milestone
Source : Gulf Daily News  
Date : 2013-05-24
Gulf Petrochemical Industries Company (GPIC) celebrated achieving more than 15 million working hours free of work accidents among both its employees and contractors....
Visitors select their favourite majlis design
Source : Khaleej Times  
Date : 2013-05-24
The 23rd edition of Index and the 12th edition of the Office Exhibition concluded on Thursday. Show organiser, dmg events, announced the winner of the People’s Choice Award for the...
Pioneering project for neighbourhood shops
Source : Gulf Times  
Date : 2013-05-24
The Ministry of Business and Trade (MBT) launched yesterday a pioneering project to establish small markets - including groceries, pharmacies, bakeries, and outlets offering other basic services - within different...
Qatar fund, Canary Wharf get nod for eight buildings near London Eye
Source : Gulf Times  
Date : 2013-05-24
Qatar’s sovereign-wealth fund and Canary Wharf Group have won local-government approval to construct offices and 877 homes in eight buildings at the site of Royal Dutch Shell’s UK headquarters near...
BMI Bank, Al Salam Bank agree in principle on merger
Source : Oman Daily Observer  
Date : 2013-05-24
BMI Bank, the Bahrain based associate of Bank Muscat, has announced that they have agreed in principle in favour of a merger with Al Salam Bank, an Islamic Bank incorporated...
Asia Property Expo 2013 on May 31, June 1
Source : Oman Daily Observer  
Date : 2013-05-24
As part of Asia Property Show, Indus India Properties pavilion 2013 will be held at Hotel Holiday Muscat from May 31 to June 1. NRIs looking for investment in real...
Taiwan to seek more trade ties with Oman
Source : Oman Daily Observer  
Date : 2013-05-24
A delegation from the Taiwanese photovoltaic (PV) industry, in co-operation with Oman Chamber of Commerce and Industry (OCCI), will visit the Sultanate of Oman from May 26 to 28. The...
OBG, QNB in deal to compile 10th edition of project report
Source : The Peninsula  
Date : 2013-05-24
Oxford Business Group (OBG), a global publishing, research and consultancy firm, recently signed a Memorandum of Understanding (MOU) on research facilities for a tenth consecutive year with Qatar National Bank...
QE gains 131.72 points this week
Source : The Peninsula  
Date : 2013-05-24
Qatar Exchange (QE) gained 131.72 points (1.48 percent) this week when trading closed yesterday at 9,048.62 points....
Abu Dhabi govt-owned holding firm Senaat plans share sale
Source : The Peninsula  
Date : 2013-05-24
An Abu Dhabi government-owned holding company may sell its own shares or offload a stake in one of its main businesses as part of plans to spur listings on the...
Air Arabia now flies to Abha
Source : Saudi Gazette  
Date : 2013-05-24
Air Arabia’s inaugural flight touched down in Abha, Saudi Arabia, from its primary hub in Sharjah. Air Arabia is the first and largest low-cost carrier (LCC) in the Middle East...
Al Mashreq Boutique Hotel presented two awards
Source : Saudi Gazette  
Date : 2013-05-24
AL MASHREQ Boutique Hotel recently held a huge ceremony in Riyadh city, on the occasion of receiving the titles "Best Boutique Hotel in the Kingdom of Saudi Arabia" and "Best...
RC invites tender for relocating RAK lines
Source : Saudi Gazette  
Date : 2013-05-24
The Royal Commission for Jubail and Yanbu has recently invited contractors to submit bids for the contract to relocate existing 380kV transmission lines at its Ras Al-Khair Industrial City....
Saudi companies to mark business innovation at the SAP forum
Source : Saudi Gazette  
Date : 2013-05-24
TOP Saudi companies are set to take part in the flagship joint annual SAP Forum and SAP Users Group (SUGMENA) Conference....
Solar power proves a win-win strategy for Saudi Arabia
Source : Arab News  
Date : 2013-05-24
A slide in solar power costs and a surge in oil prices over the last few years has made solar power a win-win strategy for Saudi Arabia: saving billions of...
Emirates adding 3 more flights to Colombo
Source : Arab News  
Date : 2013-05-24
Emirates, a fast growing airline, said it will increase capacity on its services to Colombo from June 30, with the addition of three more flights per week....
CEO-elect of fraud-hit bank quits
Source : Arab News  
Date : 2013-05-24
The proposed new chief executive of National Bank of Ras Al-Khaimah (RAKBANK), one of two banks which were named recently as victims of a massive global bank card fraud, has...
Oman participates in WEF on Mideast and Africa
Source : Oman Daily Observer  
Date : 2013-05-24
Dr Salem al Ismaily, Chairman of The Public Authority for Import Promotion and Export Development (PAIPED), will lead the Omani delegation to the World Economic Forum on the Middle East...
Qatar Airways celebrates Salalah launch
Source : Oman Daily Observer  
Date : 2013-05-24
Launching the inaugural flight of Qatar Airways to Salalah Airport was celebrated in the Governorate of Dhofar yesterday during a ceremony held under the auspices of Shaikh Abdullah bin Saif...
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