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Cooking gas to cost more
Source : Gulf Today  
Date : 2010-09-09
SHARJAH Economic Development Department (Sedd) has marginally increased domestic cooking gas (LPG) prices by Dhs2, 4 and 8 for 11kg, 22kg and 44kg cylinders with effect from Sept.6....
Kuwait names bourse head as new regulator chief
Source : Gulf Today  
Date : 2010-09-09
Kuwait’s cabinet has passed a draft decree appointing the director of the country’s stock exchange as the head of the new stock market regulator, state news agency KUNA reported on...
Sinopec-Kuwait refinery gets China’s clearance
Source : Gulf Today  
Date : 2010-09-09
China has granted environmental clearance and okayed a technical review of an $8.7 billion refinery and petrochemical joint venture between Sinopec and Kuwait, paving the way for final state approval...
UAE listed among top 10 in global competitiveness
Source : Gulf Today  
Date : 2010-09-09
The UAE has been ranked among the top 10 countries in more than 18 indicators of competitiveness globally, according to the Golobal Competitiveness Report 2010-2011, issued by the World Economic...
Nasdaq Dubai stocks’ value rises 20% in Aug
Source : Khaleej Times  
Date : 2010-09-09
The value of equities traded on Nasdaq Dubai recorded a 20 per cent rise in August from the same period last year, according to the monthly report of the bourse....
Etihad to get another freighter this month
Source : Khaleej Times  
Date : 2010-09-09
Etihad Airways, the airline, is set to receive another cargo plane from Airbus, A330-200F, later this month, which will boost its cargo handling capacity and takes its growing fleet to...
Dubai to receive first LNG vessel this year
Source : Khaleej Times  
Date : 2010-09-09
As Dubai plans to receive its first cargo of liquefied natural gas later this year, a ship converted to store the fuel arrived at an export terminal in Qatar, the...
QCAA, Naseba to outline vision at Doha summit
Source : Khaleej Times  
Date : 2010-09-09
Following the success of the Doha Aviation Summit in 2009, the Qatar Civil Aviation Authority (QCAA) and naseba, an event mangement firm are hosting the 2010 edition of the event...
BPG, S’pore firm in digital marketing JV
Source : Khaleej Times  
Date : 2010-09-09
UAE-based BPG Group (Bates PanGulf LLC), a marketing solutions provider, announced on Monday its joint venture with Singapore-based digital company Blue-Interactive to grab the market share of digital marketing in...
S&P upgrades Sabic ratings
Source : Khaleej Times  
Date : 2010-09-09
Standard & Poor’s (S&P) ratings agency has upgraded the long-term corporate credit ratings of SABIC Innovative Plastics (SIP), a global supplier of engineering thermoplastics and a wholly owned subsidiary of...
Al Wifaq contributes Dh2.68m to Zakat Fund
Source : Khaleej Times  
Date : 2010-09-09
Al Wifaq Finance Company, a subsidiary of Union National Bank, has contributed Dh2.67 million to the ‘Zakat Fund’, highlighting its commitment to upholding Shariah values and supporting socio-economic growth programmes....
DIC to mark 10 years of growth at Gitex technology week 2010
Source : Khaleej Times  
Date : 2010-09-09
Dubai Internet City (DIC), announced it will mark 10 years of robust growth at the Gitex technology week 2010, one of the largest ICT exhibition in the Middle East. DIC...
Flying start for Captain Blanchard
Source : Khaleej Times  
Date : 2010-09-09
Etihad Airways celebrated the maiden commercial flight of its first female Captain Sophie Blanchard as she took the controls of the left hand seat in the flight deck for the...
EasyHotel Jebel Ali offers Dh99 package per night
Source : Khaleej Times  
Date : 2010-09-09
EasyHotel Jebel Ali, the super budget brand hotel chain’s first venture outside Europe, welcomed its first guests, many of them taking advantage of the offer of attractive budget price of...
GCC defers decision on customs union
Source : Arab News  
Date : 2010-09-08
The six GCC countries last night agreed to postpone a decision on establishing a single customs union for a few more years. The decision was taken at an exceptional meeting...
Negotiations under way to let EgyptAir jets land in Madinah
Source : Arab News  
Date : 2010-09-08
Egyptian aviation authorities have urged their Saudi counterparts to allow EgyptAir planes to land at Prince Muhammad bin Abdul Aziz Airport in Madinah....
Kuwait running out of water
Source : The Media Line  
Date : 2010-09-08
An estimated 1.5 million cubic meters of water was being consumed daily in Kuwait, dangerously close to country’s maximum production capacity at, the business news site Arabian Business reported....
S. Korea Unveils Sanctions on Iran
Source : Qatar News Agency  
Date : 2010-09-08
South Korea said Wednesday it would penalize a key Iranian bank and put all financial transactions with Iran under government supervision as it announced a package of sanctions to join...
Global IT spending to grow 4 per cent this year
Source : Emirates 24/7  
Date : 2010-09-08
Worldwide IT spending is forecast to total $ 3.350 trillion this year, an increase of 3.9 per cent from last year’s spending of $ 3.225 trillion, according to the latest...
Kuwait''s inflation rate hits 3.4 pct in June
Source : Kuwait News Agency  
Date : 2010-09-08
The inflation rate shown in the consumer prices in Kuwait rose by 0.5 percent to 3.4 percent in June from 2.9 percent in May, 2010 (on an annual basis), the...
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