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| Bahrain's Insurance firm posts strong performance |
| Source : Gulf Daily News |
| Date : 2013-05-23 |
| Bahrain-based LIC (International), a subsidiary of LIC of India, has reported strong performances in the insurance sector last year, it was revealed at a meeting yesterday.... |
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| Kuwait crude oil exports to South Korea up 14.4 percent |
| Source : Kuwait News Agency |
| Date : 2013-05-23 |
| Kuwait's crude oil exports to South Korea in April grew 14.4 percent from a year earlier to 11.08 million barrels, or 369,000 barrels per day (bpd), according to latest data... |
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| Sharjah pins high hope on UAE-Korea meet |
| Source : Gulf Today |
| Date : 2013-05-23 |
| Sharjah is looking forward to the UAE-Korea Economic Partnership Forum, to be held from May 27-28 in Seoul, hoping to make the most of the new avenues of economic opportunities... |
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| Forbes ranks FGB as the 3rd most powerful UAE firm |
| Source : Gulf Today |
| Date : 2013-05-23 |
| First Gulf Bank (FGB), one of the major leading banks in the UAE, has been recognised as the 3rd most powerful company in the UAE and 6th leading bank in... |
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| Qatar National Bank to start operations in India |
| Source : Gulf Today |
| Date : 2013-05-23 |
| Qatar National Bank (QNB), one of the Gulf region’s largest lender, on Wednesday said it will set up a fully-owned subsidiary in India and start operations in the third quarter... |
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| 'UAE's sound economic policy pays off' |
| Source : Khaleej Times |
| Date : 2013-05-23 |
| His Highness Shaikh Humaid bin Rashid Al Nuaimi, Member of Supreme Council and Ruler of Ajman, said on Wednesday that the sound economic policy adopted by the UAE, under the... |
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| Ajman regulates tourism and hotel sectors |
| Source : Khaleej Times |
| Date : 2013-05-23 |
| His Highness Shaikh Humaid bin Rashid Al Nuaimi, Member of Supreme Council and Ruler of Ajman, has issued an Emiri Decree regulating the hotel and tourism sector in the emirate.... |
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| Added opens investment forum in Paris |
| Source : Khaleej Times |
| Date : 2013-05-23 |
| Nasser Ahmed Alsowaidi, Chairman of the Abu Dhabi Department of Economic Development (Added) opened the Abu Dhabi Investment Forum (Adif) in Paris on Wednesday, in presence of a high-level government... |
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| Nissan sees 11% sales growth in '13 |
| Source : Khaleej Times |
| Date : 2013-05-23 |
| Nissan Middle East expects more than 11 per cent growth in sales for 2013 and said new models will help increase its market share and volume, according to managing director... |
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| BMI Bank-Al Salam boards back merger |
| Source : Gulf Daily News |
| Date : 2013-05-23 |
| A possible merger between BMI Bank and Al Salam Bank Bahrain to create the third largest bank in the kingdom has cleared a key step, it has emerged.... |
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| Dar Al Arkan's $750m sukuk programme a big success |
| Source : Gulf Daily News |
| Date : 2013-05-23 |
| Bank Alkhair, a Bahrain-headquartered Islamic wholesale bank, has announced the successful closure of the first tranche of a $750 million sukuk programme by Saudi Arabia's Dar Al Arkan real estate... |
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| Price index up 2.8 per cent |
| Source : Gulf Daily News |
| Date : 2013-05-23 |
| Bahrain's consumer price index (CPI), a measure of inflation, rose by 2.8 per cent to 117.8 points in April from 114.6 points for the same month last year, the Central... |
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| BP to invest $2.9 billion in Iraq field |
| Source : Gulf Daily News |
| Date : 2013-05-23 |
| Oil major BP has allocated $2.85 billion to develop Iraq's Rumaila oilfield in 2013, up from $2.2bn last year, the head of the joint management committee for the field yesterday... |
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| Key scheme for remitters |
| Source : Gulf Daily News |
| Date : 2013-05-23 |
| Xpress Money has, in partnership with Union Insurance, launched a free life insurance cover scheme for its Bahrain remitters.... |
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| Asry planning to set up new floating dock |
| Source : Gulf Daily News |
| Date : 2013-05-23 |
| Asry plans to set up another floating dock entailing a multimillion investment, it has emerged.... |
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| RedTag plans to open more stores in Bahrain |
| Source : Gulf Daily News |
| Date : 2013-05-23 |
| RedTag Group, the Dubai-based value fashion chain, plans to open three more stores in Bahrain over the next couple of years, the company's top official has said.... |
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| Saudi business leaders learn strategy execution from a global expert |
| Source : Saudi Gazette |
| Date : 2013-05-23 |
| Over 200 business leaders, mostly Saudis, attended a stimulating one-day seminar on 'Successful Strategy Execution' with the globally renowned management expert, Dr. David Norton, the co-founder of the unique management... |
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| Oman's rail project to spawn services industry |
| Source : Oman Daily Observer |
| Date : 2013-05-23 |
| The Oman National Railway Project is expected to catalyse the growth of manufacturing industries and support services, all of which will also contribute significantly to employment generation, say authorities overseeing... |
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| Regional turmoil prompts Saudis to change their vacation plans |
| Source : Arab News |
| Date : 2013-05-23 |
| Local tourism experts predict that the political uprisings in Syria, Lebanon, Egypt and other Arab countries has had an impact on Saudis' vacation choices.... |
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| Oman Air to buy A330-300 aircraft |
| Source : Oman Daily Observer |
| Date : 2013-05-23 |
| Oman Air, the national carrier of the Sultanate of Oman, has placed an order for three A330-300s, thus increasing its A330 fleet to 10 Airbus aircraft.... |
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