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GCC project awards to stay steady at $117bn this year
Source : TradeArabia  
Date : 2017-08-21
The total value of contract awards in the GCC projects market this year is expected to stay steady at $117 billion compared to last year, a report said....
Iran's petchem exports near $3.5b in 4 months
Source : Tehran Times  
Date : 2017-08-21
Iran exported 7.188 million tons of petrochemical products worth $3.496 billion during the first four months of the current Iranian calendar year (March 21-July 23), Shana reported on Sunday....
Nakilat completes management transition of LNG vessels
Source : The Peninsula  
Date : 2017-08-21
Nakilat Shipping Qatar Limited (NSQL) a wholly owned subsidiary of Nakilat and Shell International Trading, and Shipping Company Limited (Shell), yesterday announced the completion of the first phase of what...
Masdar signs EPC contract to build Oman wind farm
Source : TradeArabia  
Date : 2017-08-21
Masdar, Abu Dhabi's renewable energy company, has signed an engineering, procurement and construction (EPC) contract with a global consortium comprising GE and Spain's TSK to build the first large-scale wind...
UAE Central Bank reserves surge to $34 billion in H1
Source : TradeArabia  
Date : 2017-08-21
The banking sector increased its statutory reserves at the UAE Central Bank by Dh8.6 billion ($2.34 billion) during H1, 2017, bringing to Dh125.5 billion ($34.16 billion) the total required reserves...
Iran capable to swap 500,000 bpd oil with Caspian Sea states
Source : Tehran Times  
Date : 2017-08-19
Iran has the capacity to swap 500,000 barrels per day (bpd) of oil with the Caspian Sea littoral states, IRNA reported on Friday quoting Seyed Hamid Hosseini, the director for...
Top brands line up innovative lighting solutions
Source : Gulf Today  
Date : 2017-08-19
Light Middle East 2017 is expected to feature record turnout even as international interest surges in the region's premier architectural lighting design and technology showcase....
Ajman launches ISIC4 to boost business activity
Source : TradeArabia  
Date : 2017-08-19
The Department of Economic Development - Ajman (DED-Ajman) has launched its ISIC4 system, to enhance electronic communication with other local and federal agencies, to streamline government procedures....
Dubai marine transit passengers top 6.6m in H1
Source : TradeArabia  
Date : 2017-08-19
All types of marine transit modes in Dubai, UAE clocked 6.63 million passengers during the first half of 2017, with Abras accounting for the largest share of commuters, amounting to...
Qatar Development Bank, Kahramaa ink MoU to support local firms
Source : The Peninsula  
Date : 2017-08-18
Ahead of the third and upcoming edition of the widely appreciated “Buy Local Products” exhibition, Qatar Development Bank (QDB) and Kahramaa (Qatar General Electricity and Water Corporation) yesterday signed a...
Qatar Investment Authority to announce new investments soon
Source : The Peninsula  
Date : 2017-08-18
The Qatar Investment Authority (QIA) has made it clear that it has no plans to liquidate its assets around the world and added the QIA will soon announce major new...
Gemini payment plan to boost UAE realty market
Source : Gulf Today  
Date : 2017-08-18
The UAE property market is on solid growth track and is marching ahead despite the global trends....
Hotel's new model in Al Ain puts innovation at forefront
Source : Gulf Today  
Date : 2017-08-18
With technology constantly evolving, the hotel experience has not been fast to transform to the needs of the tech-savvy generation....
Swedish retailer's technology redefines the living room
Source : Gulf Today  
Date : 2017-08-18
Urbanisation and technology have reformed everyday lives and homes of people across the globe, creating a huge opportunity to redefine the living room....
DMCC signs agreement with InternsME
Source : Gulf Today  
Date : 2017-08-18
DMCC (Dubai Multi Commodities Centre), the authority on trade, enterprise and commodities in Dubai and the world's leading freezone, signed a partnership agreement with InternsME, UAE's internship portal job site...
Smart Dubai to strengthen customer experience
Source : Gulf Today  
Date : 2017-08-18
Smart Dubai is organising a trip for Happiness Champions from various government entities in Dubai to attend a training course on the 'Quality of Service' at the Disney Institute in...
DED-Ajman's digital transformation to create attractive investment environment
Source : Gulf Today  
Date : 2017-08-18
The Department of Economic Development - Ajman (DED-Ajman) revealed the successful completion of its Unified Automation Platform initiative, resulting in automation of its administrative and customer services....
Average inflation rate in Oman for 2017 forecast at 4.1%
Source : Times of Oman  
Date : 2017-08-18
Average inflation rate in Oman is expected at 4.1 per cent this year, up from 1.1 per cent in 2016....
Qatar reserves help fend off raw materials shortage
Source : The Peninsula  
Date : 2017-08-18
Qatar's strategic reserves and planning have enabled ongoing infrastructure development and real estate projects tide over interruption in supply of some construction materials from UAE and Saudi Arabia....
Qatar stocks gain as major Gulf bourses end week on firm footing
Source : Gulf Times  
Date : 2017-08-18
Most major stock markets in the Gulf rose yesterday with Qatar's index adding 0.9% to 9,106 points, while shares of one of Egypt's property developers dropped as its quarterly earnings...
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