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US targets two UAE firms for dealing with blacklisted Iran banks
Source : Saudi Gazette  
Date : 2013-05-16
The United States blacklisted two Dubai-based trading companies on Wednesday, accusing them of helping Iran evade financial sanctions and effectively cutting them off from the US financial system....
Qatar, Bangkok airlines in new deal
Source : The Peninsula  
Date : 2013-05-16
Qatar Airways yesterday announced a new codeshare agreement with Bangkok Airways to destinations across Thailand and the capital cities of neighbouring Cambodia and Myanmar, said a press statement....
SKAI Holdings plans $ 1b hotel in Palm Jumeirah
Source : Khaleej Times  
Date : 2013-05-16
SKAI Holdings, the Dubai-based real estate investment firm, on Wednesday announced its plans for a new $ 1 billion hotel and furnished residences project on the Palm Jumeirah that will...
Hydrocarbon reserves: KSA has competitive advantage
Source : Arab News  
Date : 2013-05-16
Saudi Arabia will continue to make the most of the competitive advantage presented by its hydrocarbon reserves despite rising US shale oil production, says a Riyadh-based analyst....
18 pc jump in Salalah Port general cargo volumes
Source : Oman Daily Observer  
Date : 2013-05-15
General cargo volumes handled by Salalah Port during the first quarter of this year rose 18 per cent to 1.9 million tonnes in comparison with figures for Q1 2012, the...
Tourism Malaysia woos Omanis
Source : Oman Daily Observer  
Date : 2013-05-15
Tourism Malaysia's efforts to promote tourism in the Middle East continued with the launch of its 'Visit Malaysia Year 2014' campaign in Oman yesterday....
Sultanate presents IT initiatives at Geneva
Source : Oman Daily Observer  
Date : 2013-05-15
The Sultanate yesterday continued its participation in the World Summit of the Information Society Forum by conducting a national workshop in which it reviewed through a number of working papers...
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....
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