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| Ericsson celebrates 40 years in Oman |
| Source : Oman Daily Observer |
| Date : 2013-05-16 |
| Marking the fortieth anniversary of Ericsson's first contract in the Sultanate, the company yesterday hosted a celebratory reception and dinner event for key stakeholders from the Information and Communication Technology... |
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| Will gold price re-test $ 1,350? |
| Source : Emirates 24/7 |
| Date : 2013-05-16 |
| Sell in May and go away. Gold investors seem have taken this financial maxim to heart, and have been dumping gold like never before.... |
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| GDF Suez CEO visits Barka 3 power project |
| Source : Oman Daily Observer |
| Date : 2013-05-16 |
| As the first Gulf country to privatise its electricity production, Oman has played a defining role in the success of GDF Suez in the GCC. In tribute to the start... |
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| Rents across Abu Dhabi will rise in H2 |
| Source : Khaleej Times |
| Date : 2013-05-16 |
| Secondary and tertiary locations of Abu Dhabi are currently experiencing a modest rent deflation, but that’s set to change. Lease rates across the capital are expected to increase from the... |
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| SMN Barka Power seeks nod to boost water capacity |
| Source : Oman Daily Observer |
| Date : 2013-05-16 |
| The state-owned Oman Power and Water Procurement Company (OPWP) says it is weighing a proposal from SMN Barka Power Company, which owns and operates the Barka II power and water... |
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| Sixteen Qatari firms make it to Forbes 'Top 500 Companies in Arab World' |
| Source : The Peninsula |
| Date : 2013-05-16 |
| Hydrocarbons-rich Qatar's 16 companies were listed in the Forbes Middle East magazine's Top 500 Companies in the Arab World, with three state-backed companies appearing in the list of top 20... |
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| Emirates and JetBlue widen codesharing |
| Source : Khaleej Times |
| Date : 2013-05-16 |
| Emirates, one of the world's fastest growing airlines, and JetBlue Airways, New York’s hometown airline, announced on Wednesday a move to expand their current partnership to include bilateral code-sharing.... |
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| Egypt's bourse rises on hopes of better buyout offer for OT, Gulf markets mixed |
| Source : Gulf Times |
| Date : 2013-05-16 |
| Egypt's Orascom Telecom (OT) helped lift Cairo’s bourse yesterday after the company’s management urged shareholders to reject a buyout offer, raising investor hopes the bidder might propose improved terms.... |
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| More flights to Salalah |
| Source : Oman Daily Observer |
| Date : 2013-05-16 |
| The residents of Salalah will have more options to fly directly to new destinations with the launch of direct flights to Doha and Dubai sectors by Qatar Airways and flydubai... |
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| QNB Platinum sponsor of internal auditing meet |
| Source : The Peninsula |
| Date : 2013-05-16 |
| Qatar National Bank (QNB), the largest financial institution in Qatar and the Mena region, has announced its Platinum sponsorship of the third National Conference on Internal Auditing 2013 to be... |
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| Chidambaram to boost Qatar, India trade relations |
| Source : The Peninsula |
| Date : 2013-05-16 |
| India's Finance Minister, P Chidambaram, is scheduled to pay an official visit here on May 19, a press statement issued by the Indian Embassy said yesterday.... |
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| Solar energy highly cost-effective |
| Source : Oman Daily Observer |
| Date : 2013-05-16 |
| Three years of successful real time continuous technical monitoring of the 6 MW/year concentrator photo voltaic (CPV) demonstrator at Knowledge Oasis Muscat (KOM) has given positive results such as cost-effective,... |
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| RO 385m power plant in Mirbat |
| Source : Oman Daily Observer |
| Date : 2013-05-16 |
| The Public Authority for Electricity and Water will on Sunday mark the opening of a RO 385 million electricity and desalination plant in the Wilayat of Mirbat, Dhofar Governorate.... |
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| China offers mega investment prospects |
| Source : The Peninsula |
| Date : 2013-05-16 |
| China has immense potential for foreign investments. Its thriving sectors, the so-called ‘local Afghan caves’, including oil refinery, Shale gas, Islamic banking and insurance, ICT, biotechnology and desert greening technologies... |
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| Turkey to transit 2bcm of Iranian gas to Europe |
| Source : Tehran Times |
| Date : 2013-05-16 |
| Turkey will to transit 2 billion cubic meters of Iranian gas annually to Europe, the Mehr News Agency reported on Wednesday.... |
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| LuLu in top 10 of Forbes list |
| Source : Gulf Daily News |
| Date : 2013-05-16 |
| LuLu Hypermarket Group has been ranked third in the prestigious "Forbes Top 100 companies" making an impact in the Arab world.... |
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| Key IATA safety audit success for Gulf Air |
| Source : Gulf Daily News |
| Date : 2013-05-16 |
| Gulf Air, in its ongoing commitment to maintaining the highest level of international aviation safety standards, yesterday announced the successful completion of the IATA Operational Safety Audit (IOSA).... |
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| Mideast facing double dilemma over oil future |
| Source : Gulf Daily News |
| Date : 2013-05-16 |
| The Middle East is facing a double dilemma over the global competitiveness for oil in the future.... |
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| Treasury bills a big success |
| Source : Gulf Daily News |
| Date : 2013-05-16 |
| The Central Bank of Bahrain has announced that the BD30 million monthly issue of government treasury bills has been oversubscribed by 205 per cent.... |
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| Firm expands team in the Middle East |
| Source : Gulf Daily News |
| Date : 2013-05-16 |
| PineBridge Investments, a leading global, independent asset manager, has strengthened its growing Middle East, North Africa and Turkey team with the appointment of Wael Aburida as chief investment officer.... |
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