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SMN Barka Power seeks nod to boost water capacity
Source : Oman Daily Observer  
Date : 2013-05-16
The state-owned Oman Power and Water Procurement Company (OPWP) says it is weighing a proposal from SMN Barka Power Company, which owns and operates the Barka II power and water...
Sixteen Qatari firms make it to Forbes 'Top 500 Companies in Arab World'
Source : The Peninsula  
Date : 2013-05-16
Hydrocarbons-rich Qatar's 16 companies were listed in the Forbes Middle East magazine's Top 500 Companies in the Arab World, with three state-backed companies appearing in the list of top 20...
Emirates and JetBlue widen codesharing
Source : Khaleej Times  
Date : 2013-05-16
Emirates, one of the world's fastest growing airlines, and JetBlue Airways, New York’s hometown airline, announced on Wednesday a move to expand their current partnership to include bilateral code-sharing....
Egypt's bourse rises on hopes of better buyout offer for OT, Gulf markets mixed
Source : Gulf Times  
Date : 2013-05-16
Egypt's Orascom Telecom (OT) helped lift Cairo’s bourse yesterday after the company’s management urged shareholders to reject a buyout offer, raising investor hopes the bidder might propose improved terms....
More flights to Salalah
Source : Oman Daily Observer  
Date : 2013-05-16
The residents of Salalah will have more options to fly directly to new destinations with the launch of direct flights to Doha and Dubai sectors by Qatar Airways and flydubai...
QNB Platinum sponsor of internal auditing meet
Source : The Peninsula  
Date : 2013-05-16
Qatar National Bank (QNB), the largest financial institution in Qatar and the Mena region, has announced its Platinum sponsorship of the third National Conference on Internal Auditing 2013 to be...
Chidambaram to boost Qatar, India trade relations
Source : The Peninsula  
Date : 2013-05-16
India's Finance Minister, P Chidambaram, is scheduled to pay an official visit here on May 19, a press statement issued by the Indian Embassy said yesterday....
Solar energy highly cost-effective
Source : Oman Daily Observer  
Date : 2013-05-16
Three years of successful real time continuous technical monitoring of the 6 MW/year concentrator photo voltaic (CPV) demonstrator at Knowledge Oasis Muscat (KOM) has given positive results such as cost-effective,...
RO 385m power plant in Mirbat
Source : Oman Daily Observer  
Date : 2013-05-16
The Public Authority for Electricity and Water will on Sunday mark the opening of a RO 385 million electricity and desalination plant in the Wilayat of Mirbat, Dhofar Governorate....
China offers mega investment prospects
Source : The Peninsula  
Date : 2013-05-16
China has immense potential for foreign investments. Its thriving sectors, the so-called ‘local Afghan caves’, including oil refinery, Shale gas, Islamic banking and insurance, ICT, biotechnology and desert greening technologies...
Turkey to transit 2bcm of Iranian gas to Europe
Source : Tehran Times  
Date : 2013-05-16
Turkey will to transit 2 billion cubic meters of Iranian gas annually to Europe, the Mehr News Agency reported on Wednesday....
LuLu in top 10 of Forbes list
Source : Gulf Daily News  
Date : 2013-05-16
LuLu Hypermarket Group has been ranked third in the prestigious "Forbes Top 100 companies" making an impact in the Arab world....
Key IATA safety audit success for Gulf Air
Source : Gulf Daily News  
Date : 2013-05-16
Gulf Air, in its ongoing commitment to maintaining the highest level of international aviation safety standards, yesterday announced the successful completion of the IATA Operational Safety Audit (IOSA)....
Mideast facing double dilemma over oil future
Source : Gulf Daily News  
Date : 2013-05-16
The Middle East is facing a double dilemma over the global competitiveness for oil in the future....
Treasury bills a big success
Source : Gulf Daily News  
Date : 2013-05-16
The Central Bank of Bahrain has announced that the BD30 million monthly issue of government treasury bills has been oversubscribed by 205 per cent....
Firm expands team in the Middle East
Source : Gulf Daily News  
Date : 2013-05-16
PineBridge Investments, a leading global, independent asset manager, has strengthened its growing Middle East, North Africa and Turkey team with the appointment of Wael Aburida as chief investment officer....
Faulty scaffolding led to mosque crash
Source : Khaleej Times  
Date : 2013-05-16
The Abu Dhabi Public Prosecution is investigating the collapse of the ceiling of a mosque under construction, killing one worker and injuring 17 others, in Zayed City in the Western...
QR628mn set aside for extra op theatres
Source : Gulf Times  
Date : 2013-05-16
More than 50% of the nearly QR1.2bn, slated to be spent for the seven new contracts awarded yesterday by Ashghal to augment Qatar's healthcare infrastructure, is earmarked for additional operation...
Dubai inflation remains low in April despite jump in rents
Source : Khaleej Times  
Date : 2013-05-16
Dubai's inflation remained muted in April compared to the previous month despite a jump in rents, data showed on Wednesday....
Turkish firm to market Nimr military vehicles
Source : Khaleej Times  
Date : 2013-05-16
Nimr Automotive, a part of Tawazun Group, has signed an agreement with a Turkish firm to market, and possibly produce armoured vehicles in Turkey....
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