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Mining firm plans pvt sector's first underground foray
Source : Oman Daily Observer  
Date : 2013-06-20
Mawarid Mining LLC, the mining and exploration arm of the MB Group of Companies, hopes to become the first privately owned Omani mining firm to undertake underground mining operations in...
Abu Dhabi's GDP up 7.7% in 2012
Source : Emirates 24/7  
Date : 2013-06-20
Strong oil prices allied with an expansion in all non-hydrocarbon sectors boosted Abu Dhabi's GDP by 7.7 per cent in current prices in 2012, according to official data....
Zain Kuwait considers IT acquisitions to spur services
Source : Saudi Gazette  
Date : 2013-06-20
Kuwait mobile operator Zain will make acquisitions and partnerships in computer-based industries this year to exploit rising demand for data and help offset falling conventional call and text income, its...
Oil, gas sector strengthens UAE economy
Source : Gulf Today  
Date : 2013-06-20
The UAE planned to increase its crude oil production capacity to 3.5 million barrels per day (bpd) by 2017 to contribute to the stability of global markets and to ensure...
Bourse merger would have many benefits: UAE regulator
Source : The Peninsula  
Date : 2013-06-20
A potential merger between the two main stock exchanges of Dubai and Abu Dhabi would have “many advantages” for the country’s financial sector, the chief executive of the United Arab...
Agriculture & Food sector rises 0.72%
Source : Arab News  
Date : 2013-06-20
The contest between bulls and bears ended without any significant change at Saudi stock market yesterday as Tadawul index retreated to 7,526.26 points, which was roughly where it started the...
Emirates clinches 2013 'World’s Best Airline' Award, two others
Source : Saudi Gazette  
Date : 2013-06-20
Cementing its place as one of the world's leading international airlines, Emirates on Tuesday has been awarded the highly coveted 'World's Best Airline’ award, presented by Skytrax at the 2013...
Citymax unveils its 13th store in Jeddah
Source : Saudi Gazette  
Date : 2013-06-20
CITYMAX, the leading value fashion brand in Saudi Arabia, has officially opened a brand new store at the Flamingo Mall, Jeddah....
Etihad Airways & Taleris in 'intelligent operations'
Source : Saudi Gazette  
Date : 2013-06-20
ETIHAD Airways, the national carrier of the United Arab Emirates, has entered into an agreement with global technology company Taleris to launch groundbreaking new technology which can help predict potential...
L'azurde unveils new diamond exchange policy
Source : Saudi Gazette  
Date : 2013-06-20
L’azurde, the world’s leading gold and diamond group, unveiled its new diamond exchange policy as a result of their continuing efforts to meet the needs of their customers....
PAIPED launches Trade-Up series
Source : Oman Daily Observer  
Date : 2013-06-20
The Public Authority for Investment Promotion and Export Development (PAIPED) is planning a series of 'Trade Up' seminars designed to equip Omani businesses with specialist skills essential for entering today's...
IDA briefs eGov master plan, policies
Source : Oman Daily Observer  
Date : 2013-06-20
On the third day of the ongoing 5-day Infocomm Media Business Exchange 2013 (imbx), Asia's largest ICT event, members of the international media were given briefings by senior Infocomm Development...
RO 50m expansion of Muscat Grand Mall announced
Source : Oman Daily Observer  
Date : 2013-06-20
Marking a milestone achievement in the retail and hospitality sector in Oman, Muscat Grand Mall announces plans for expansion of Muscat's popular retail destination, in a year from its inception....
Bank Muscat to launch feature-packed Sayyarati Ramadhan campaign
Source : Oman Daily Observer  
Date : 2013-06-20
Bank Muscat, the flagship financial services provider in the Sultanate, is all set to launch an attractive Sayyarati auto loan campaign coinciding with the high Ramadhan auto sales season. Abdullah...
GBM, Oman ITA collaborate to address IT skills shortage
Source : Oman Daily Observer  
Date : 2013-06-20
Gulf Business Machines (GBM), the leading IT solutions provider in the region and Oman Information Technology Authority (ITA) yesterday signed a Memorandum of Understanding (MoU), announcing their partnership to further...
ODB launches working capital loan, coaching services for SMEs
Source : Oman Daily Observer  
Date : 2013-06-20
Oman Development Bank (ODB) has announced the launch of a Programme for providing working capital to small and medium enterprises (SMEs) and is also engaging accounting firms to coach and...
Petrofac signs RO 50m O&M deal with OOCEP
Source : Oman Daily Observer  
Date : 2013-06-20
Petrofac has added to its global operations and maintenance portfolio with the announcement of a new agreement, worth $50 million, with Oman Oil Company Exploration and Production LLC (OOCEP)....
New Saudi shipping regulations issued
Source : Saudi Gazette  
Date : 2013-06-20
Saudi Arabia's new shipping regulations which apply to activities of transport of goods by sea through a transport contractor, between the ports of the Kingdom or between the Kingdom and...
'Pakistan would have to pay billions of rupees to Iran if scraps IP gas pipeline project'
Source : Tehran Times  
Date : 2013-06-20
Pakistan would have to pay billions of rupees to Iran if it did not fulfill its obligations regarding the Iran-Pakistan gas pipeline project, Former Pakistani federal minister Syed Naveed Qamar...
Qatar's foreign trade surplus up by 2.2pc
Source : The Peninsula  
Date : 2013-06-20
Qatar's foreign merchandise trade surplus has increased 2.2 percent in April, 2013....
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