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Standard Chartered announces senior appointments
Source : Khaleej Times  
Date : 2010-09-08
As part of its efforts to boost its foreign exchange, currencies and commodities (FICC) business in the Middle East and North Africa (MENA) region, Standard Chartered bank announced on Tuesday...
Nawras seeks to raise up to $608m in IPO
Source : Khaleej Times  
Date : 2010-09-08
Nawras, the phone company controlled by Qatar Telecom QSC, is seeking to raise as much as $608 million in Oman’s first initial public offering in two years....
No Reliance deal this year: Etisalat
Source : Khaleej Times  
Date : 2010-09-08
Emirates Telecommunication Corporation, or etisalat, does not expect a deal with India’s Reliance Commmunications this year, a top official said....
ADMA-OPCO to phase out plastic bags by year-end
Source : Zaman  
Date : 2010-09-08
In line with its environmental conservation efforts, the Abu Dhabi Marine Operating Company has embarked on a new initiative aimed at phasing out the use of plastic bags in company...
GCC customs union put on hold
Source : Khaleej Times  
Date : 2010-09-08
The six members of the Gulf Cooperation Council have postponed the implementation on Tuesday of a customs union due to disagreement over sharing tariff revenues and problems meeting World Trade...
Colfax's Allweiler business awarded Euro5m fuel injection skid order for Iraqi power plants
Source : ameinfo  
Date : 2010-09-08
Colfax Corporation, a global leader in fluid-handling solutions for critical applications, announced its Allweiler AG business unit will deliver a Euro5m fuel-injection skid order through Siemens AG for use in...
Dubai Metro celebrates one year of operation
Source : ameinfo  
Date : 2010-09-08
On September 9, the Dubai Metro celebrated one year of operation amid huge success indicators in the operational efficiency, punctuality in journey schedules, highest global safety standards, and a number...
Dnata doubles luxury portfolio
Source : Zawya  
Date : 2010-09-08
Group adds Thailand’s leading hotel chain Centara on the heels of resorts in Italy and Mauritius Dubai Dnata’s luxury hotels division says it has more than doubled its portfolio with...
Train trials start at Dubai Metro's Green Line
Source : Zawya  
Date : 2010-09-08
Trial runs of the trains on Dubai Metro's Green Line have started, in preparation for the planned opening of the delayed line next year....
Gulf Dynamic Services secures 2 new projects in Dubai
Source : Zawya  
Date : 2010-09-08
Reinforcing its market position in the UAE, Gulf Dynamic Services (GDS), a subsidiary of MasharieMasharie, the private equity arm of Dubai Investments PJSC and a leading regional player in the...
Dubai living now more affordable
Source : Zawya  
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,...
Dubai no longer among top 20 most expensive cities
Source : Zawya  
Date : 2010-09-08
Dramatic rent declines in the UAE have made expat living much more affordable in the country....
Ahli Bank’s charity drive
Source : Oman Daily Observer  
Date : 2010-09-08
AHLIBANK campaign yesterday reached Ibri, where a cheque of RO 1,000 was presented to Omani Women’s Association Officials in Ibri....
ahlibank foreign currency ratings raised
Source : Oman Daily Observer  
Date : 2010-09-08
ahlibank, one of the fastest growing banks in the Sultanate, with a remarkable growth of 98% in Profit After Tax in the first half 2010, recently received another boost to...
Oman Mobile expands 3.5G network across Sultanate
Source : Oman Daily Observer  
Date : 2010-09-08
With the fast roll-out of its network, Oman Mobile 3.5G network now has the widest 3.5G coverage in the Sultanate as the company completed the installation of 747 base stations...
Gulf Air ready for talks over BA alliance plan
Source : Gulf Daily News  
Date : 2010-09-08
Gulf Air is ready for talks with British Airways (BA) over moves to create the world's biggest airline, it confirmed yesterday....
Oman Oil hosts Iftar for retail management partner Enhance
Source : Oman Daily Observer  
Date : 2010-09-08
Marking 13 years of partnership and continued retail successes, Oman Oil Marketing Company (omanoil) recently held an iftar for its Non-Fuel Retail Department (NFR) and long standing partners, Enhance Oman,...
Muscat Green Days Conference on October 5, 6
Source : Oman Daily Observer  
Date : 2010-09-08
The Muscat Green Days Conference on ‘Education for a Sustainably Built Environment’ will be held under the auspices of Sayyid Salim bin Musallam al Busaidi, Under-Secretary for Administrative Development Affairs...
Oman Air daily flights to Dammam
Source : Oman Daily Observer  
Date : 2010-09-08
Oman Air announced the introduction of daily flights to the Saudi Arabian city of Damman via Muscat from September 1. On the maiden voyage to Dammam, Abdulaziz bin Saud Al...
Qtel subsidiary Nawras eyes $608mn from IPO
Source : Gulf Times  
Date : 2010-09-08
Qtel subsidiary Nawras could raise as much as $608mn through its initial public offering (IPO), which will hit Oman on September 15, the seventh offer from the Gulf corporates this...
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