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Iran says is self-sufficient in gasoline
Source : Reuters  
Date : 2010-09-08
Iran has raised its gasoline production to attain self-sufficiency in the strategic product and foil sanctions targeting its energy needs, the state TV website reported its oil minister as saying...
Saudi awards $2.44 bln power plant deal
Source : Reuters  
Date : 2010-09-08
Saudi state-owned Saline Water Conversion Corp (SWCC) has awarded a $2.44 billion power plant contract to a group led by China’s Sepco III Electric Power Construction Corp, an industry source...
Dubai living now more affordable
Source : Khaleej Times  
Date : 2010-09-08
Dubai now ranks as a more affordable city in the world for expatriates due to a sharp decline in cost of living in the emirate, thanks to falling property rents,...
GCC postpones customs union plan over tariffs
Source : Gulf Daily News  
Date : 2010-09-08
The GCC has postponed the implementation of a customs union yesterday due to disagreement over sharing tariff revenues and problems meeting World Trade Organisation (WTO) rules, officials said....
Asry to sponsor top maritime festival
Source : Gulf Daily News  
Date : 2010-09-08
Asry will be a strategic sponsor of Bahrain Maritime Festival 2010 (BMF), being launched this year to mark Bahrain's celebrations of World Maritime Day (WMD)....
Nawras seeking to raise $608m
Source : Gulf Daily News  
Date : 2010-09-08
Omani firm Nawras, a unit of Qatar Telecommunications (Qtel), could raise as much as $608 million in its 40 per cent initial public offering (IPO) after setting a price range...
Group signs accord for major expo
Source : Gulf Daily News  
Date : 2010-09-08
Noor Al Bahrain Trading Group has signed an agreement with Bahrain Exhibition and Convention Authority (BECA) to participate in the Food and Hospitality Expo....
UAE freezes accounts of Iran banks
Source : Gulf Daily News  
Date : 2010-09-08
The UAE central bank has frozen four Iranian bank accounts cited in a United Nations Security Council blacklist after uncovering their presence in the UAE banking system, it was reported...
&M unveils customized security solutions for Saudi finance sector
Source : Saudi Gazette  
Date : 2010-09-07
Reichle & De-Massari (R&M, www.rdm.com), the Swiss structured cabling specialist raised its reputation as an innovation leader with the introduction of its three-layer security system and Cat. 6 shielded solutions...
Brazil’s orange exports to Arab countries climb
Source : Saudi Gazette  
Date : 2010-09-07
expanded its exports of oranges to the Arab countries from January to July this year, data from Brazil’s Foreign Trade Secretariat of the Ministry of Development, Industry and Foreign Trade,...
Middle East top housing builders to be honored
Source : Saudi Gazette  
Date : 2010-09-07
The Affordable Housing Development Middle East Awards will be held on the first day of the Sept.27-28 summit in Manama to honor those companies and individuals who have set standards...
Mobily partners with Carrefour on Neqaty
Source : Saudi Gazette  
Date : 2010-09-07
Dr Hashim A. Yamani, president of the newly established King Abdullah City for Atomic & Renewable Energy (KA-CARE), and the former minister of Commerce & Industry, together with Dr Mahmoud...
Industry luminaries to address SWPF ’10
Source : Saudi Gazette  
Date : 2010-09-07
Dr Hashim A. Yamani, president of the newly established King Abdullah City for Atomic & Renewable Energy (KA-CARE), and the former minister of Commerce & Industry, together with Dr Mahmoud...
Private pension industry in MENA vital to diversify personal savings
Source : Saudi Gazette  
Date : 2010-09-07
The development of a private pension industry is indispensable in the Middle East and Africa (MENA) region in order to diversify investment horizon for individual savings - allowing people to...
Real estate issues in spotlight at Cityscape event
Source : Gulf Daily News  
Date : 2010-09-07
Cityscape is to host the first Cityscape Connect business breakfast in Bahrain....
HP opens service centre
Source : Gulf Daily News  
Date : 2010-09-07
HP yesterday opened its Middle East Warehouse and service centre in Jebel Ali Free Zone, aiming to extend the company's reach and proximity to its customers in the region....
Burgan plans roadshow
Source : Gulf Daily News  
Date : 2010-09-07
Kuwait's Burgan Bank, the commercial banking arm of Kuwait Projects Company (Kipco), is planning a roadshow for a dollar-denominated bond issue soon, it was reported yesterday....
Resort wins organisation membership
Source : Gulf Daily News  
Date : 2010-09-07
Al Areen Palace & Spa, formerly the Banyan Tree Bahrain, is the latest luxury property to be a member of the prestigious Leading Small Hotels of the World....
Key Islamic funds poised for growth
Source : Gulf Daily News  
Date : 2010-09-07
With around 1.6 billion Muslims worldwide and $950bn in assets under the management of the Islamic finance industry, the room for growth in Islamic exchange traded funds (ETFs) is evident....
Blackburn Rovers studying potential buyers
Source : Gulf Daily News  
Date : 2010-09-07
Blackburn Rovers are currently doing their own due diligence on the potential buyers, according to a report....
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