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Nawras invests RO 60m in first phase of network turbo charging
Source : Oman Daily Observer  
Date : 2013-05-22
Nawras telecommunications has invested nearly R0 60m in turbocharging its network the first phase of which extends from Al Bustan till beyond Al Musannah along the Batinah Coast....
al Mazyona rewards as 10 customers win RO 500,000 in quarterly prize draw
Source : Oman Daily Observer  
Date : 2013-05-22
The 2013 al Mazyona savings scheme offering a prize basket of RO 7 million from Bank Muscat celebrated the first quarterly prize draw in which 10 customers covering all the...
Bank Muscat's mBanking wins best mobile payment app in ME award
Source : Oman Daily Observer  
Date : 2013-05-22
Bank Muscat, the flagship financial services provider in the Sultanate, has won the 'Best Mobile Payment Application in the Middle East' award for its state-of-the-art mBanking mobile services....
Middle East's first solar EOR project commissioned
Source : Oman Daily Observer  
Date : 2013-05-22
The first solar enhanced oil recovery project in the Middle East has been successfully commissioned at the Amal West field of Petroleum Development Oman (PDO) yesterday....
OPWP to study co-location of power plant with Suwaiq water project
Source : Oman Daily Observer  
Date : 2013-05-22
Oman Power and Water Procurement Company (OPWP), the sole procurer of all new power generation and water desalination capacity in the Sultanate, says it will evaluate the potential for co-locating...
Apartment rents skyrocket by 30% this year
Source : Arab News  
Date : 2013-05-22
In a surprising move, rent prices for apartments and villas shot up by 30 percent, according to real estate experts....
Free insurance cover for GCC remitters
Source : Gulf Today  
Date : 2013-05-22
A newly introduced free life insurance scheme by a remittance company operating in the UAE will cater mainly to blue-collared migrant workers in the GCC region, besides the usual customers....
Dubai sets sail for billion dirham cruise industry
Source : Emirates 24/7  
Date : 2013-05-22
Its full speed ahead for Dubai as it sets sail for a bullish cruise tourism sector that has chartered a course to generate more than Dh1 billion in annual income...
Meet to discuss GCC strategic assessment media study
Source : Oman Daily Observer  
Date : 2013-05-22
The Consultative Authority of the Supreme Council of the Gulf Cooperation Council meeting started yesterday at Grand Hyatt, under the auspices of Shaikha Maryam bint Hassan al Khalifa of Bahrain...
New 'shopping destination' to feature over 400 stores
Source : Gulf Times  
Date : 2013-05-22
Qatar’s booming retail landscape has got a major new player with the Mall of Qatar yesterday announcing plans to create a “vibrant new regional shopping destination”, featuring over 400 stores,...
State support, public sector spending 'highly beneficial to Qatari banks'
Source : Gulf Times  
Date : 2013-05-22
Fitch Ratings expects the Qatari economy to continue to provide a strong operating environment for Qatari banks in 2013....
Qatar fund set to invest $500mn in Russia bank
Source : Gulf Times  
Date : 2013-05-22
Russia’s second-largest bank VTB expects to close its $3.3bn offering of new shares by the end of the week, with three sovereign wealth funds investing about $500mn each, chief executive...
Gulf NRIs investing more in insurance, pensions than in cash deposits: study
Source : Gulf Times  
Date : 2013-05-22
Non-resident Indian (NRI) investors in the Gulf region have opted to invest more in life and pensions products this year, moving away from cash deposits in India, according to a...
Move to ensure a generation without drugs
Source : Oman Daily Observer  
Date : 2013-05-22
The National Youth Commission (NYC) launched its partnership with Awareness and Information Committee of the National Committee for Narcotic Drugs and Psychotropic Substances (NCNDPS). The inauguration comes to co-ordinate the...
QE weakens on sell pressure from non-Qatari investors
Source : Gulf Times  
Date : 2013-05-22
The Qatar Exchange weakened yesterday after two days of bullish spell, mainly on selling pressure from both non-Qatari individual and institutional investors; even as the key index stood above 9,000...
Majlis panels discuss education, study on low-income families
Source : Oman Daily Observer  
Date : 2013-05-22
Majlis Ash'shura's Committee on Education and Scientific Research yesterday held a meeting chaired by Mohamed bin Rashid al Qanobi....
Qatar looks at future with QR360bn fund
Source : The Peninsula  
Date : 2013-05-22
Qatar’s plan to set up a QR360bn health and education fund is to make sure that spending on the two basic sectors that are the key to socio-economic development is...
Qatar Executive takes part in Swiss aviation show
Source : The Peninsula  
Date : 2013-05-22
Qatar Airways' corporate jet division Qatar Executive is once again taking part at Europe's leading business aviation show EBACE which opened in Geneva yesterday....
Part of Al Rayyan to get major facelift under Ashghal project
Source : The Peninsula  
Date : 2013-05-22
Public Works Authority (Ashghal) has started a project to give a complete infrastructure facelift to Legdeim, Bani Hajer area (North), part of Al Rayyan Municipality....
Aviation safety a top priority: Al Baker
Source : The Peninsula  
Date : 2013-05-22
Qatar Airways Chief Executive Officer Akbar Al Baker has said the country was looking forward to moving to Hamad International Airport this year....
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