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Abu Dhabi govt-owned holding firm Senaat plans share sale
Source : The Peninsula  
Date : 2013-05-24
An Abu Dhabi government-owned holding company may sell its own shares or offload a stake in one of its main businesses as part of plans to spur listings on the...
Air Arabia now flies to Abha
Source : Saudi Gazette  
Date : 2013-05-24
Air Arabia’s inaugural flight touched down in Abha, Saudi Arabia, from its primary hub in Sharjah. Air Arabia is the first and largest low-cost carrier (LCC) in the Middle East...
Al Mashreq Boutique Hotel presented two awards
Source : Saudi Gazette  
Date : 2013-05-24
AL MASHREQ Boutique Hotel recently held a huge ceremony in Riyadh city, on the occasion of receiving the titles "Best Boutique Hotel in the Kingdom of Saudi Arabia" and "Best...
RC invites tender for relocating RAK lines
Source : Saudi Gazette  
Date : 2013-05-24
The Royal Commission for Jubail and Yanbu has recently invited contractors to submit bids for the contract to relocate existing 380kV transmission lines at its Ras Al-Khair Industrial City....
Saudi companies to mark business innovation at the SAP forum
Source : Saudi Gazette  
Date : 2013-05-24
TOP Saudi companies are set to take part in the flagship joint annual SAP Forum and SAP Users Group (SUGMENA) Conference....
Solar power proves a win-win strategy for Saudi Arabia
Source : Arab News  
Date : 2013-05-24
A slide in solar power costs and a surge in oil prices over the last few years has made solar power a win-win strategy for Saudi Arabia: saving billions of...
Emirates adding 3 more flights to Colombo
Source : Arab News  
Date : 2013-05-24
Emirates, a fast growing airline, said it will increase capacity on its services to Colombo from June 30, with the addition of three more flights per week....
CEO-elect of fraud-hit bank quits
Source : Arab News  
Date : 2013-05-24
The proposed new chief executive of National Bank of Ras Al-Khaimah (RAKBANK), one of two banks which were named recently as victims of a massive global bank card fraud, has...
Oman participates in WEF on Mideast and Africa
Source : Oman Daily Observer  
Date : 2013-05-24
Dr Salem al Ismaily, Chairman of The Public Authority for Import Promotion and Export Development (PAIPED), will lead the Omani delegation to the World Economic Forum on the Middle East...
Qatar Airways celebrates Salalah launch
Source : Oman Daily Observer  
Date : 2013-05-24
Launching the inaugural flight of Qatar Airways to Salalah Airport was celebrated in the Governorate of Dhofar yesterday during a ceremony held under the auspices of Shaikh Abdullah bin Saif...
UAE economy gains momentum
Source : Khaleej Times  
Date : 2013-05-24
The UAE's non-oil producing private sector companies reported a further increase in output levels in April, according to the HSBC Purchasing Managers Index, or PMI....
Jeddah food and hotel expo sets new standards
Source : Arab News  
Date : 2013-05-24
Saudi Food & Hotel and Hospitality Expo 2013 has been hailed as a major success as it concluded a four-day run in Jeddah....
Agricultural projects in Sohar reviewed
Source : Oman Daily Observer  
Date : 2013-05-24
Dr Fuad bin Jaafar al Sajwani, Minister of Agriculture and Fisheries, yesterday visited a number of experimental farms affiliated to the ministry and agricultural projects funded by the Agriculture and...
MSM index edges down
Source : Oman Daily Observer  
Date : 2013-05-24
Muscat Securities Market, MSM 30 index ended the week’s trading sessions in negative territory on pressure from both the Financial and Services indices. The local bourse closed down by 0.21...
Archelons plans to invest $ 1mn in Qatar
Source : Gulf Times  
Date : 2013-05-24
India's recruitment firm Archelons plans to invest $ 1mn in Qatar over the next five years into various talent management solutions....
Most Gulf markets plunge
Source : The Peninsula  
Date : 2013-05-24
Most Gulf markets fell yesterday as a sell-off on international bourses spurred regional investors to cash in gains from an early-year rally....
Bahraini banks in merger talks as consolidation picks up
Source : The Peninsula  
Date : 2013-05-24
Bahrain's Al Salam Bank and BMI Bank, an affiliate of Oman's Bank Muscat, have announced plans to merge, a tie-up which would create the kingdom's third-largest bank by assets,...
Initiatives in support of SMEs highlighted
Source : Oman Daily Observer  
Date : 2013-05-24
Al Rafd Fund gave a power point Presentation at Grand Hayatt Muscat Hotel on a successful experience of one British institution called (Exemplas) that works in support of small and...
Dubai among top four in prime global cities index
Source : Khaleej Times  
Date : 2013-05-24
Dubai recorded 18.3 per cent surge in luxury home prices to rank among the top four in 'Prime Global Cities Index' as prime property prices across the world fell by...
Retail investors spur Kuwait market
Source : Arab News  
Date : 2013-05-24
Kuwait's stock market boom could run out of steam if the government doesn't push ahead soon with long-delayed infrastructure projects aimed at diversifying the economy....
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