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Takaful poised for big growth
Source : Gulf Daily News  
Date : 2013-05-19
The global takaful industry has witnessed tremendous growth in the last decade, rapidly becoming an increasingly important component of the Sharia-compliant banking and finance system....
Boeing delivers plane to Saudi airline
Source : Gulf Daily News  
Date : 2013-05-19
Boeing has delivered a 777-300ER extended range plane to Saudi Arabian Airlines (Saudia), marking the latest milestone in its longstanding relationship with the airline and the kingdom....
Bank Nizwa hosts Islamic finance seminar at SQU
Source : Oman Daily Observer  
Date : 2013-05-19
Bank Nizwa, the first Islamic Bank in the Sultanate recently organised a one-day Islamic finance seminar at Sultan Qaboos University (SQU) with an aim to educate students about Islamic Banking....
China Harbour to implement Sohar Port container terminal expansion
Source : Oman Daily Observer  
Date : 2013-05-19
Oman International Container Terminal (OICT) kicked off construction work on its modern terminal at the Port of Sohar late last week. The project, estimated to cost around RO 50 million,...
Employers, staff have a joint stake in an organisation's success
Source : Oman Daily Observer  
Date : 2013-05-19
Work Ethics to Improve Performance and Productivity’: May 19 – 20 — ‘Yahya bin Said al Jabri, Chairman of the Special Economic Zone Authority at Duqm (SEZAD), will preside over...
Sohar Refinery shutdown was for maintenance: Orpic chief
Source : Oman Daily Observer  
Date : 2013-05-19
Oman Oil Refineries and Petroleum Industries Company (Orpic) Chief Executive Officer has denied that Sohar Refinery had experienced problems during it's shutdown in February. He has confirmed that the shutdown...
Oman's first quarter revenue rises to RO 3.456 billion
Source : Oman Daily Observer  
Date : 2013-05-19
The Sultanate's total revenue amounted to a massive RO 3.456 billion at the end of first quarter 2013. This is against RO 3.091 billion in the same period last year....
Emirates Islamic Bank unveils new campaign
Source : Gulf Today  
Date : 2013-05-19
Emirates Islamic Bank announced on Saturday the launch of 'Win back your Personal Finance,' campaign that offers customers the opportunity to win three prizes of up to a maximum of...
The sky is the limit for Gulf airlines
Source : Gulf Times  
Date : 2013-05-19
A Qatar Airways jet: Arabian Gulf airlines have burst into the aviation big leagues over the past couple of years....
Qatar Airways seeks more routes from India
Source : Gulf Today  
Date : 2013-05-19
Qatar Airways has sought more traffic routes and seats from India to serve two-tier cities, a top airline official has said....
Dubai Holding, Emaar to relaunch The Lagoons project: Report
Source : Emirates 24/7  
Date : 2013-05-19
Dubai Holding and Emaar Properties, Dubai's largest developer, will jointly develop 'The Lagoons' project on Dubai Creek with construction work likely to restart soon, according to a media report....
OPEC's renewed challenge
Source : Arab News  
Date : 2013-05-19
The Organization of Petroleum Exporting Countries (OPEC) meeting later this month could represent a landmark in terms of how the group will prepare to handle difficulties ahead....
Gold crisis: Prices fall 7 days in a row
Source : Emirates 24/7  
Date : 2013-05-19
Gold prices fell for a seventh day in a row on Friday, drawn down by a stronger U. dollar and better economic news....
Tejar Dubai launched to hone national talent, support SMEs
Source : Khaleej Times  
Date : 2013-05-19
Shaikh Majid bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Culture and Arts Authority, has launched an entrepreneur development programme to hone national talent and extend support to...
ICAEW, AAA to back accounts profession
Source : Khaleej Times  
Date : 2013-05-19
ICAEW and the Accountants and Auditors Association (AAA) have signed a Memorandum of Understanding (MoU) to work closely together to advance the accounting profession in the UAE....
DWC plans construction of new warehouses
Source : Khaleej Times  
Date : 2013-05-19
Dubai World Central (DWC), the world's first purpose-built aerotropolis, has announced new developments at DWC's Logistics District, including the start of construction on the fourth complex of agent warehouses....
Al Tayer honoured
Source : Khaleej Times  
Date : 2013-05-19
Shaikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance and President of Dubai Electricity and Water Authority (Dewa), has honoured Saeed Mohammed Al Tayer, MD and...
Al Gharbia taps into 
non-oil sector for growth
Source : Khaleej Times  
Date : 2013-05-19
The Western Region Development Council (WRDC), the central coordinating body leading development and promoting opportunity in Al Gharbia, the Western Region of Abu Dhabi, has defined a number of key...
The fine is not the main problem
Source : Kuwait Times  
Date : 2013-05-19
The government has finally joined the demagogic voices that express frustration over the loss of $2.2 billion in fines to Dow Chemical. I made the above statement because people continue...
UAE inflation eases to 
0.9% in April
Source : Khaleej Times  
Date : 2013-05-19
The UAE inflation eased to 0.9 per cent in April as housing and utility costs fell, according to official data on Saturday....
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