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Procurement deal signed for Ras Laffan 2
Source : The Peninsula  
Date : 2013-05-14
The contract for the Engineering, Procurement, Supply, Construction and Commissioning (EPSCC) of the Laffan Refinery 2 (LR2) Project, the second condensate refinery at Ras Laffan Industrial City, was yesterday awarded...
Al Sada meets Hungarian Minister
Source : The Peninsula  
Date : 2013-05-14
The Minister of Energy and Industry H E Dr Mohammed bin Saleh Al Sada with Hungarian Minister of State for Climate and Energy Affairs, Pal Kovacs, at the Qatar Petroleum...
Expats to have property rights
Source : Gulf Daily News  
Date : 2013-05-14
Expats will soon be able to own property they inherit from Bahraini relatives under a new survey and land registration law....
Iraq-Turkey oil pipeline flow halted soon after restart
Source : Gulf Today  
Date : 2013-05-14
Crude oil flow from Iraq to Turkey on the Kirkuk-Ceyhan oil pipeline stopped again on Monday after a brief resumption, Turkish energy officials said, without citing a reason....
Kuwait to sign plane deal soon; Airbus favoured
Source : The Peninsula  
Date : 2013-05-14
Kuwait is studying plans by its airline to buy 25 Airbus jets, a source with knowledge of the matter said, in the most sweeping overhaul since part of its fleet...
StanChart introduces Visa Infinite
Source : Khaleej Times  
Date : 2013-05-14
Standard Chartered Bank on Monday launched Visa Infinite credit card and claimed it’s the ‘absolutely everything card.’ It’s the UAE’s most exclusive credit card, offering a wide array of luxury...
Etihad Rail signs MoU with Hellmann
Source : Khaleej Times  
Date : 2013-05-14
Etihad Rail, the developer and operator of the UAE’s national railway network, announced on Monday the signing of a Memorandum of Understanding (MoU) with Hellmann Worldwide Logistics that will allow...
GCC GDP growth up
Source : Gulf Daily News  
Date : 2013-05-14
Industry and Commerce Minister Dr Hassan Fakhro yesterday attended the 28th joint meeting between the GCC General Secretariat and heads and members of the GCC Chamber of Commerce held in...
Shaikh Mansour receives Algerian Finance Minister
Source : Khaleej Times  
Date : 2013-05-14
Shaikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, received in his office at the Presidential Palace the Algerian Finance Minister, Karim Jodi, who is...
Bills success
Source : Gulf Daily News  
Date : 2013-05-14
The Central Bank of Bahrain yesterday announced that this week's issue of treasury bills amounting to BD35 million has been oversubscribed by 114 per cent....
New medical facility planned by Al Areen
Source : Gulf Daily News  
Date : 2013-05-14
Bahrain-based Al Areen Holding Company yesterday announced that its flagship project, the Al Areen Development, will feature a new component, the Al Areen Specialised Medical Hospital....
Al Shaikh new BIBF deputy director
Source : Gulf Daily News  
Date : 2013-05-14
Bahrain Institute of Banking and Finance (BIBF) has announced the appointment of Dr Ahmed Al Shaikh as its deputy director....
Dubai Chamber opens office in Ethiopia
Source : Khaleej Times  
Date : 2013-05-14
As part of their efforts to expand globally and to promote Dubai as an international business hub, the Dubai Chamber of Commerce and Industry opened a new representative office in...
Cloud service benefits focus of key seminar
Source : Gulf Daily News  
Date : 2013-05-14
The business benefits of using cloud computing and associated security concerns and some key risks to look out for in adoption scenarios were discussed at a breakfast seminar hosted by...
Banks unaffected by cyber attacks
Source : Gulf Daily News  
Date : 2013-05-14
No Bahraini bank has been affected by cyber attacks, the Central Bank of Bahrain (CBB) said yesterday....
DIB rises on restructuring progress
Source : Khaleej Times  
Date : 2013-05-14
Dubai Islamic Bank gained the most in more than a week as progress on corporate debt restructuring boosts the outlook of lenders in the emirate....
Emirates NBD launches 'Rewards & Beyond' programme for SMEs
Source : Khaleej Times  
Date : 2013-05-14
Emirates NBD on Monday announced the launch of ‘Rewards & Beyond’ a brand new business privileges programme for its business banking customers....
Wa'ed entrepreneurs network set
Source : Saudi Gazette  
Date : 2013-05-14
The Saudi Aramco Entrepreneurship Center (Wa’ed), which is a wholly owned subsidiary of Saudi Aramco, announced the creation of Wa’ed Entrepreneurs Network in a ceremony here....
Inflation drops, but prices could pick up during Ramadan
Source : Arab News  
Date : 2013-05-14
The Saudi economy posted an excellent performance last year, said the Council of Saudi Chambers, noting that the upward trend was all the more evident on falling inflation....
Iran LPG cargo may be first to come to Asia this year after EU ban
Source : Tehran Times  
Date : 2013-05-14
South Korean trader E1 Corp has bought 44,000 mt of LPG from Iran's Petrochemical Commercial Co., possibly the first spot cargo from the Middle Eastern producer to come to Asia...
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