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| 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.... |
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| 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... |
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| 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... |
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| 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... |
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| 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... |
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| 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.... |
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| 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... |
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| 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... |
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| 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... |
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| 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... |
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| 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.... |
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| 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.... |
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| 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.... |
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| 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... |
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| 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... |
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| 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.... |
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| 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... |
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| 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.... |
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| 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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| Nakheel floats works tender for The Pointe |
| Source : Khaleej Times |
| Date : 2013-05-21 |
| Nakheel has floated a tender for ground improvement works at The Pointe, its 136,000 square metre retail and entertainment complex on Palm Jumeirah.... |
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