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Kuwait MPs criticize 'useless' KISR
Source : Kuwait Times  
Date : 2015-05-21
In a lackluster session, unlike the previous day, the National Assembly yesterday approved the 2015/2016 budgets of several state agencies and departments but rejected the final accounts of three agencies...
Maersk Line operates at King Abdullah Port
Source : Saudi Gazette  
Date : 2015-05-21
KING Abdullah Port, owned and developed by Ports Development Company, and Maersk Line, the world's largest container shipping company, celebrated recently their partnership for Maersk Line to begin operations at...
Meat prices may rise by two-fold warn experts
Source : Gulf Daily News  
Date : 2015-05-21
Proposed government cuts could result in the price of subsidised meat more than doubling, according to experts....
QIIB signs new Al Dhameen programme with QDB
Source : The Peninsula  
Date : 2015-05-21
Abdulbasit Al Shaibei, CEO of International Islamic (QIIB) and Abdul Aziz bin Nasser Al Khalifa, CEO of the Qatar Development Bank (QDB) signed the Al Dhameen programme portfolio agreement, sponsored...
Israel ordered to pay Iran $1.1 billion
Source : Tehran Times  
Date : 2015-05-21
An Israeli oil company has been ordered by a Swiss court to pay $1.1 billion to Iran in compensation in a long-standing legal battle related to a joint venture before...
SAK Trading gets three quality certifications
Source : The Peninsula  
Date : 2015-05-21
SAK Trading & Contracting Company — one of the subsidiaries and operational arm of SAK Holding Group — received three global certifications in one go. The company bagged the...
Nissan posts highest sales growth in region
Source : The Peninsula  
Date : 2015-05-21
Nissan maintained its status as the fastest-growing automotive brand in the GCC for the third consecutive year, selling a record breaking 219,129 units in the 2014 financial year — up...
Getting Islamic Finance to Fulfill its Promise
Source : Asharq Al-Awsat  
Date : 2015-05-21
What do the Olympic Village in London and the Burj Khalifa in Dubai have in common? The answer is Islamic financing, or financing under Islamic principles....
Symposium on industry development
Source : The Peninsula  
Date : 2015-05-21
A symposium titled “Industry is locomotive of development” was organised yesterday during the “Made in Qatar 2015” Exhibition which began at Doha Exhibition Center on Monday and runs until Friday....
CBO appoints firm to implement e-payment
Source : Oman Daily Observer  
Date : 2015-05-21
FSS Technologies FZE, the middle-east subsidiary of Financial Software & Systems (FSS), a leader in payments technology, announced yesterday that it has been appointed by the Central Bank of Oman...
Top Bahrain delegation set for World Economic Forum
Source : Gulf Daily News  
Date : 2015-05-21
A high-profile Bahraini delegation, including senior public and private sector representatives, is participating in the World Economic Forum (WEF) on the Middle East and North Africa (Mena)....
German business looks to post-sanctions Iran boom
Source : Tehran Times  
Date : 2015-05-21
As western sanctions imposed on Iran look likely to be lifted soon, German firms are hoping to reinvigorate traditional business ties with the oil-rich country. But a new rival has...
Omani products expo witnesses outstanding turnout
Source : Oman Daily Observer  
Date : 2015-05-21
The Omani Products Exhibition (OPEX 2015), which was inaugurated on Monday in Jeddah, is witnessing outstanding turnout of Saudi visitors, investors and businessmen....
Omani SMEs attend PDO workshop
Source : Oman Daily Observer  
Date : 2015-05-21
Petroleum Development Oman (PDO) yesterday held a workshop giving Omani small and medium enterprises (SMEs) a better understanding of how to do business with the Company....
United Airlines press release can backfire amid subsidy spat
Source : Gulf Times  
Date : 2015-05-21
Media often spike press releases because they are boring, long, contain self-congratulating messaging and have little content deemed of any news value. Journalists receive scores, if not hundreds of press releases...
MSM gains 20 points
Source : Oman Daily Observer  
Date : 2015-05-21
Muscat Securities Market (MSM) general index (30) yesterday added 20.41 points comprising a rise of 0.32 per cent to close at 6,405.64 points compared to the last session which stood...
Ithraa appoints Lithuania Trade Representative
Source : Oman Daily Observer  
Date : 2015-05-21
Ithraa, the government organisation responsible for attracting inward investment and developing Oman's non-oil exports, announced yesterday the appointment of Boleta Senkiene (pictured) as its authorised trade and investment representative in...
Oman: BankDhofar bond issue closes
Source : Times of Oman  
Date : 2015-05-21
BankDhofar announced that its AT1 perpetual bonds worth $300 million have been issued successfully, according to a filing to the Muscat Securities Market (MSM) on Wednesday....
Oman to maintain spending despite low oil prices
Source : Times of Oman  
Date : 2015-05-21
Oman is likely to avoid deep cuts in spending as the real gross domestic product (GDP) grows by four per cent in 2015 before moderating to 3.7 per cent in...
ITA, ROP win two e-services awards
Source : Oman Daily Observer  
Date : 2015-05-21
The Sultanate, represented by the Information Technology Authority (ITA) and the Royal Oman Police, (ROP) has been awarded two prestigious awards at the 20th Middle East Smart Government and Smart...
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