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| Egypt's bourse rises on hopes of better buyout offer for OT, Gulf markets mixed |
| Source : Gulf Times |
| Date : 2013-05-16 |
| Egypt's Orascom Telecom (OT) helped lift Cairo’s bourse yesterday after the company’s management urged shareholders to reject a buyout offer, raising investor hopes the bidder might propose improved terms.... |
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| More flights to Salalah |
| Source : Oman Daily Observer |
| Date : 2013-05-16 |
| The residents of Salalah will have more options to fly directly to new destinations with the launch of direct flights to Doha and Dubai sectors by Qatar Airways and flydubai... |
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| QNB Platinum sponsor of internal auditing meet |
| Source : The Peninsula |
| Date : 2013-05-16 |
| Qatar National Bank (QNB), the largest financial institution in Qatar and the Mena region, has announced its Platinum sponsorship of the third National Conference on Internal Auditing 2013 to be... |
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| Chidambaram to boost Qatar, India trade relations |
| Source : The Peninsula |
| Date : 2013-05-16 |
| India's Finance Minister, P Chidambaram, is scheduled to pay an official visit here on May 19, a press statement issued by the Indian Embassy said yesterday.... |
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| Solar energy highly cost-effective |
| Source : Oman Daily Observer |
| Date : 2013-05-16 |
| Three years of successful real time continuous technical monitoring of the 6 MW/year concentrator photo voltaic (CPV) demonstrator at Knowledge Oasis Muscat (KOM) has given positive results such as cost-effective,... |
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| RO 385m power plant in Mirbat |
| Source : Oman Daily Observer |
| Date : 2013-05-16 |
| The Public Authority for Electricity and Water will on Sunday mark the opening of a RO 385 million electricity and desalination plant in the Wilayat of Mirbat, Dhofar Governorate.... |
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| China offers mega investment prospects |
| Source : The Peninsula |
| Date : 2013-05-16 |
| China has immense potential for foreign investments. Its thriving sectors, the so-called ‘local Afghan caves’, including oil refinery, Shale gas, Islamic banking and insurance, ICT, biotechnology and desert greening technologies... |
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| Turkey to transit 2bcm of Iranian gas to Europe |
| Source : Tehran Times |
| Date : 2013-05-16 |
| Turkey will to transit 2 billion cubic meters of Iranian gas annually to Europe, the Mehr News Agency reported on Wednesday.... |
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| LuLu in top 10 of Forbes list |
| Source : Gulf Daily News |
| Date : 2013-05-16 |
| LuLu Hypermarket Group has been ranked third in the prestigious "Forbes Top 100 companies" making an impact in the Arab world.... |
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| Key IATA safety audit success for Gulf Air |
| Source : Gulf Daily News |
| Date : 2013-05-16 |
| Gulf Air, in its ongoing commitment to maintaining the highest level of international aviation safety standards, yesterday announced the successful completion of the IATA Operational Safety Audit (IOSA).... |
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| Mideast facing double dilemma over oil future |
| Source : Gulf Daily News |
| Date : 2013-05-16 |
| The Middle East is facing a double dilemma over the global competitiveness for oil in the future.... |
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| Treasury bills a big success |
| Source : Gulf Daily News |
| Date : 2013-05-16 |
| The Central Bank of Bahrain has announced that the BD30 million monthly issue of government treasury bills has been oversubscribed by 205 per cent.... |
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| Firm expands team in the Middle East |
| Source : Gulf Daily News |
| Date : 2013-05-16 |
| PineBridge Investments, a leading global, independent asset manager, has strengthened its growing Middle East, North Africa and Turkey team with the appointment of Wael Aburida as chief investment officer.... |
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| Faulty scaffolding led to mosque crash |
| Source : Khaleej Times |
| Date : 2013-05-16 |
| The Abu Dhabi Public Prosecution is investigating the collapse of the ceiling of a mosque under construction, killing one worker and injuring 17 others, in Zayed City in the Western... |
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| QR628mn set aside for extra op theatres |
| Source : Gulf Times |
| Date : 2013-05-16 |
| More than 50% of the nearly QR1.2bn, slated to be spent for the seven new contracts awarded yesterday by Ashghal to augment Qatar's healthcare infrastructure, is earmarked for additional operation... |
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| Dubai inflation remains low in April despite jump in rents |
| Source : Khaleej Times |
| Date : 2013-05-16 |
| Dubai's inflation remained muted in April compared to the previous month despite a jump in rents, data showed on Wednesday.... |
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| Turkish firm to market Nimr military vehicles |
| Source : Khaleej Times |
| Date : 2013-05-16 |
| Nimr Automotive, a part of Tawazun Group, has signed an agreement with a Turkish firm to market, and possibly produce armoured vehicles in Turkey.... |
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| Saudia Arabia's nonoil exports to Arab states up five-fold |
| Source : Arab News |
| Date : 2013-05-16 |
| Minister of Commerce and Industry Tawfiq Al-Rabiah expected a growth in Saudi exports during the coming period.... |
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| 400 companies to exhibit products at Jeddah show |
| Source : Arab News |
| Date : 2013-05-16 |
| Saudi Arabia's food, hotel and hospitality event is set to be held from Sunday (19) to Wednesday (22) at Jeddah Center for Forums and Events.... |
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| Adia appoints McCarthy as division head |
| Source : Khaleej Times |
| Date : 2013-05-16 |
| The Abu Dhabi Investment Authority (Adia), one of the world’s largest sovereign wealth funds, has hired a senior Deutsche Bank executive to head its division that handles global infrastructure investments.... |
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