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| Lebanese farmland firm to invest up to $800 million in Sudan |
| Source : Saudi Gazette |
| Date : 2013-05-22 |
| Lebanese farmland investor GLB Invest plans to invest up to $800 million in Sudan to produce animal feed to be sold to Saudi Arabia, its president said on Tuesday.... |
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| Civil Defense warns against electricity overload |
| Source : Arab News |
| Date : 2013-05-22 |
| The General Directorate of Civil Defense in Riyadh has warned citizens and residents in the capital against overloading electrical appliances, which leads to over-heating in the wires and connections and... |
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| Kashmir ready to host Saudi tourists |
| Source : Arab News |
| Date : 2013-05-22 |
| Kashmir, the northwestern region in India, has often been called paradise on earth for its natural beauty. When it became a valley of conflict due to territorial disputes between India,... |
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| Omantel signs pact for new submarine cable |
| Source : Oman Daily Observer |
| Date : 2013-05-22 |
| Omantel has inked an agreement for another submarine cable, the "Bay of Bengal Gateway" submarine cable system (BBG). This new submarine cable will enhance the robustness and reliability of international... |
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| Nawras Musafir offers major savings on data roaming in GCC |
| Source : Oman Daily Observer |
| Date : 2013-05-22 |
| Nawras has announced the launch of Musafir, the first mobile data roaming solution designed to help customers stay online for less when travelling to any GCC country.
With prepaid and postpaid... |
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| Nawras invests RO 60m in first phase of network turbo charging |
| Source : Oman Daily Observer |
| Date : 2013-05-22 |
| Nawras telecommunications has invested nearly R0 60m in turbocharging its network the first phase of which extends from Al Bustan till beyond Al Musannah along the Batinah Coast.... |
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| al Mazyona rewards as 10 customers win RO 500,000 in quarterly prize draw |
| Source : Oman Daily Observer |
| Date : 2013-05-22 |
| The 2013 al Mazyona savings scheme offering a prize basket of RO 7 million from Bank Muscat celebrated the first quarterly prize draw in which 10 customers covering all the... |
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| Bank Muscat's mBanking wins best mobile payment app in ME award |
| Source : Oman Daily Observer |
| Date : 2013-05-22 |
| Bank Muscat, the flagship financial services provider in the Sultanate, has won the 'Best Mobile Payment Application in the Middle East' award for its state-of-the-art mBanking mobile services.... |
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| Middle East's first solar EOR project commissioned |
| Source : Oman Daily Observer |
| Date : 2013-05-22 |
| The first solar enhanced oil recovery project in the Middle East has been successfully commissioned at the Amal West field of Petroleum Development Oman (PDO) yesterday.... |
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| OPWP to study co-location of power plant with Suwaiq water project |
| Source : Oman Daily Observer |
| Date : 2013-05-22 |
| Oman Power and Water Procurement Company (OPWP), the sole procurer of all new power generation and water desalination capacity in the Sultanate, says it will evaluate the potential for co-locating... |
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| Apartment rents skyrocket by 30% this year |
| Source : Arab News |
| Date : 2013-05-22 |
| In a surprising move, rent prices for apartments and villas shot up by 30 percent, according to real estate experts.... |
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| Free insurance cover for GCC remitters |
| Source : Gulf Today |
| Date : 2013-05-22 |
| A newly introduced free life insurance scheme by a remittance company operating in the UAE will cater mainly to blue-collared migrant workers in the GCC region, besides the usual customers.... |
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| Dubai sets sail for billion dirham cruise industry |
| Source : Emirates 24/7 |
| Date : 2013-05-22 |
| Its full speed ahead for Dubai as it sets sail for a bullish cruise tourism sector that has chartered a course to generate more than Dh1 billion in annual income... |
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| Meet to discuss GCC strategic assessment media study |
| Source : Oman Daily Observer |
| Date : 2013-05-22 |
| The Consultative Authority of the Supreme Council of the Gulf Cooperation Council meeting started yesterday at Grand Hyatt, under the auspices of Shaikha Maryam bint Hassan al Khalifa of Bahrain... |
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| New 'shopping destination' to feature over 400 stores |
| Source : Gulf Times |
| Date : 2013-05-22 |
| Qatar’s booming retail landscape has got a major new player with the Mall of Qatar yesterday announcing plans to create a “vibrant new regional shopping destination”, featuring over 400 stores,... |
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| State support, public sector spending 'highly beneficial to Qatari banks' |
| Source : Gulf Times |
| Date : 2013-05-22 |
| Fitch Ratings expects the Qatari economy to continue to provide a strong operating environment for Qatari banks in 2013.... |
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| Qatar fund set to invest $500mn in Russia bank |
| Source : Gulf Times |
| Date : 2013-05-22 |
| Russia’s second-largest bank VTB expects to close its $3.3bn offering of new shares by the end of the week, with three sovereign wealth funds investing about $500mn each, chief executive... |
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| Gulf NRIs investing more in insurance, pensions than in cash deposits: study |
| Source : Gulf Times |
| Date : 2013-05-22 |
| Non-resident Indian (NRI) investors in the Gulf region have opted to invest more in life and pensions products this year, moving away from cash deposits in India, according to a... |
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| Move to ensure a generation without drugs |
| Source : Oman Daily Observer |
| Date : 2013-05-22 |
| The National Youth Commission (NYC) launched its partnership with Awareness and Information Committee of the National Committee for Narcotic Drugs and Psychotropic Substances (NCNDPS). The inauguration comes to co-ordinate the... |
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| QE weakens on sell pressure from non-Qatari investors |
| Source : Gulf Times |
| Date : 2013-05-22 |
| The Qatar Exchange weakened yesterday after two days of bullish spell, mainly on selling pressure from both non-Qatari individual and institutional investors; even as the key index stood above 9,000... |
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