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Damac to build $100m tower in Iraq
Source : Gulf Today  
Date : 2013-05-21
Damac Properties has announced a $100 million luxury apartment project — Princess Tower — in Baghdad. The project is part of Damac’s comprehensive strategic plan to expand its operations...
Gold price up to USD 1,400/oz on supply shortage
Source : Kuwait News Agency  
Date : 2013-05-21
The price average of gold went up to USD 1,400 per ounce late Monday, exceeding last Sunday's USD 1,355 per ounce....
Tehran hosts first energy & wind conference
Source : Tehran Times  
Date : 2013-05-21
Tehran's Niroo Research Institute (NRI ) or Energy Research Institute has hosted the first Iran Wind Energy Conference and exhibition. In attendance was Iran's President, Mahmoud Ahmadinejad, administration officials, experts...
200 foreign firms to share expertise at 'Saudi Energy'
Source : Arab News  
Date : 2013-05-21
More than 200 foreign companies will take part in Saudi Energy 2013, organizers announced. It will take place with the support of the Ministry of Water and Electricity at the Riyadh...
QNB gets final OK to start India ops
Source : Gulf Times  
Date : 2013-05-21
QNB will start operations in India soon as the Middle East and North Africa's largest bank received all regulatory approvals to establish a fully owned subsidiary in Asia's third...
Private sector seeks bigger say
Source : Emirates 24/7  
Date : 2013-05-21
The private sector in six Gulf hydrocarbon producers is demanding a bigger say in government economic decisions as part of a long term strategy to expand its role in development...
QE index stays above 9,000 on strong buying in realty, transport
Source : Gulf Times  
Date : 2013-05-21
Strong buying, notably in realty and transport counters, helped the Qatar Exchange maintain its index above 9,000 points and capitalisation above QR502bn....
Qatar Gate Fund tops Mena asset management firms
Source : Gulf Times  
Date : 2013-05-21
The Mena Asset Management Barometer, sponsored by the Qatar Financial Centre Authority (QFCA), has ranked Qatar Gate Fund, managed by Amwal, as the top fund in its ranking by three-year...
Apicorp to diversify into oil & gas, utility sectors
Source : Gulf Times  
Date : 2013-05-21
Apicorp, a multilateral development bank that has so far invested more than $16bn in 22 oil and gas joint venture projects and made a net profit of $109mn in...
New Qatar company to explore viable markets
Source : Gulf Times  
Date : 2013-05-21
Minister of Energy and Industry Dr Mohamed bin Saleh al-Sada with general manager of QEWC Fahad Hamad al-Mohannadi, CEO of QPI Nasser bin Khalid al-Jaidah, MD and CEO of QH...
KPC board replaces 
top chiefs
Source : Khaleej Times  
Date : 2013-05-21
Kuwait's vital oil sector has undergone a major reshuffle, with new executives appointed for the subsidiaries of Kuwait Petroleum Corp, after a new KPC chief was named last week, the...
BLME opens representative office in Dubai
Source : Khaleej Times  
Date : 2013-05-21
Bank of London and The Middle East (BLME), the largest Islamic Bank in Europe, announced the opening of its representative office in the Dubai International Financial Centre (DIFC) on Monday....
GOSI eases burden on employers
Source : Arab News  
Date : 2013-05-21
The General Organization for Social Insurance (GOSI) is beneficial for and helpful to both workers and employers, according to experts in the insurance field....
Huawei launches world's fastest 4G LTE smartphone
Source : Khaleej Times  
Date : 2013-05-21
Huawei, a leading global information and communications technology (ICT) solutions provider, has delivered two more firsts in the smartphone category — the biggest and the fastest....
Ford unveils exciting new range in Oman
Source : Oman Daily Observer  
Date : 2013-05-21
At a high profile event held at Grand Hyatt, Muscat, Ford's customers were in for a special visual treat with the unveiling of the latest Ford line-up. This one-of-a-kind event...
Xpress Money offers free life insurance
Source : Khaleej Times  
Date : 2013-05-21
Xpress Money, a leading money transfer brand, launched on Monday the industry’s first free life insurance cover scheme for its GCC remitters in partnership with Union Insurance, one of the...
Al Gharbia prioritises key
sectors for investments
Source : Khaleej Times  
Date : 2013-05-21
Abu Dhabi’s oil-rich Al Gharbia region has prioritised investment in oil & gas, real estate, tourism, transport, chemicals, healthcare, education as well as government and community services....
34 new Omani recruits join Haya Water
Source : Oman Daily Observer  
Date : 2013-05-21
In line with His Majesty the Sultan's directives towards promoting Omanisation, Haya Water is proud to announce the recruitment of 34 Omanis, as the company moves forward towards their objective...
Four new laws by year-end
Source : Khaleej Times  
Date : 2013-05-21
The UAE will unveil four new federal laws before the end of 2013, UAE Minister of Economy Sultan bin Saeed Al Mansouri told reporters on Monday....
Al Rostamani nominated to du board
Source : Khaleej Times  
Date : 2013-05-21
Du on Monday announced the induction of Hana Al Rostamani to its board of directors as per a nomination by shareholder Emirates Investment Authority as a representative to replace Younis...
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Friends of Syria to press for peace talks
Saudi Arabia heading for 7.6% nonoil growth in 2013
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IMF stays upbeat on Dubai
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Qatar's GDP expected to grow 5.2% in 2013
Ten more arrested in Iranian espionage case
Solar power brightens Oman oil output prospects
South Yemen seeks independence
Kuwait, Morocco sign cooperative deals
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