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Oman crude at $100.10; MSM adds 33 points
Source : Tehran Times  
Date : 2013-05-15
Dubai Mercantile Exchange (DME) said that Oman oil price (July delivery) has reached $100.10 per barrel, a decline of 0.18 cents from Monday’s $100.28....
Talks explore joint ventures in tourism
Source : Oman Daily Observer  
Date : 2013-05-15
An official talks session between the Sultanate and Qatar was held yesterday at the Ministry of Finance. The Omani side was led by Darwish bin Ismaeel al Balushi, Minister Responsible...
Orpic revenues top $11bn
Source : Oman Daily Observer  
Date : 2013-05-15
Annual revenues generated by Oman Oil Refineries and Petroleum Industries Company (Orpic), the country's flagship refiner and downstream petrochemicals producer, now top $11 billion, effectively making it the biggest company...
REDTAG opens new store at Serafi Mega Mall
Source : Saudi Gazette  
Date : 2013-05-15
REDTAG, the region’s leading value fashion, lifestyle and home ware retailer opened its 20th store at Serafi Mega Mall in western region last week....
Oriana hosts 'Elite Wedding'
Source : Saudi Gazette  
Date : 2013-05-15
In an ongoing commitment to provide the best and the finest services in beauty and spa industry, Oriana, the industry’s most prestigious brand in Saudi Arabia, announced that it will...
Insurance stocks in KSA plunge 6.65%
Source : Arab News  
Date : 2013-05-15
Insurance stocks at Tadawul continued to plunge for the second day yesterday since the Capital Market Authority (CMA) announced plans to cut down on speculative trading through tighter rules....
Burgan Bank Kuwaitization reaches 67%
Source : Kuwait Times  
Date : 2013-05-15
Burgan Bank announced yesterday that the Kuwaitization of its workforce has reached 67%. This is a significant accomplishment for the bank, as it achieves its long-term strategic objectives of nurturing...
Kuwaiti minister in Brussels for Mali donors'' conference
Source : Kuwait News Agency  
Date : 2013-05-15
Kuwait's Minister of Commerce and Industry Anas Khalid Al-Saleh arrived in Brussels Tuesday night to represent His Highness the Amir of Kuwait at the Mali donors' conference which is being...
KSE indices close Wednesday''s session on mixed board
Source : Kuwait News Agency  
Date : 2013-05-15
Indices Kuwait Stock Exchange (KSE) ended Wednesday's session on a mixed board, with the Weighted index gaining 0.91 points reaching the level of 464.85 points, the price index dropped 49.84...
Dubai Municipality to complete 10 projects worth Dh883.5m
Source : Emirates 24/7  
Date : 2013-05-15
Hussain Nassir Lootah, Director General of Dubai Municipality, has said that the civic body is in great confidence to accomplish the two ambitious tourism projects, the Dubai Safari and Dubai...
Expats working in UAE sent Dh70.5bn home
Source : Emirates 24/7  
Date : 2013-05-15
Asians and other expatriate workers in the UAE siphoned out nearly Dh70.5 billion in 2012 to turn the country into one of the largest foreign currency source for the labour...
Austria looks at increased trade relations with Oman
Source : Oman Daily Observer  
Date : 2013-05-15
Austria is keen on enhancing trade and other bilateral relations with the Sultanate of Oman, according to a diplomat from Austria. As the first step towards the goal, Austrian Federal...
Japan trade boost
Source : Gulf Daily News  
Date : 2013-05-15
Japan is Bahrain's second largest trade partner with a trade volume in excess of $ 3.5 billion....
Muscat Private Hospital conducts 500 surgical operations monthly
Source : Oman Daily Observer  
Date : 2013-05-15
Muscat Private Hospital, the leading private hospital in the Sultanate, conducts more than 500 surgical operations in all medical specialties, including some of the most complicated due to the medical...
10 new hotels to double number of rooms in Muscat
Source : Oman Daily Observer  
Date : 2013-05-15
Recent research has shown that revenues and occupancy for four and five star hotels increased significantly in 2012, driven by Omani rather than foreign guests, says real estate specialist Cluttons...
Dubai-Azerbaijan tourism potential highlighted
Source : Gulf Today  
Date : 2013-05-15
The Dubai Chamber of Commerce and Industry (DCCI), at a roundtable discussion in Baku, highlighted the emirate's efforts in promoting Dubai as a world-class tourist destination and stressed on areas...
Iran allocates $ 450m for oil, gas exploration projects
Source : Tehran Times  
Date : 2013-05-15
Iran has allocated 5.5 trillion rials (about $ 450 million) to oil and gas exploration projects in the current Iranian calendar year, which started on March 21, Hormoz Qalavand the...
Aviation students thrown a lifeline
Source : Gulf Daily News  
Date : 2013-05-15
Employees and students promised work at aviation research and repair facility Gulf Technics, which has gone into liquidation, were yesterday thrown a lifeline with news that the government was planning...
Kuwait … London
Source : Arab Times  
Date : 2013-05-15
With Kuwait starting to hot up, and many of my Kuwaiti friends and colleagues looking forward already to their well-earned summer vacations, I have found once again that London features...
Dubai Airport world's busiest, data confirms
Source : Khaleej Times  
Date : 2013-05-15
Dubai International Airport has won the crown of being the world's busiest airport for international traffic for the first time....
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