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Unionists draw up action plan
Source : Gulf Daily News  
Date : 2013-05-15
Unionists at Gulf Air met yesterday to draw up a plan of action if Bahrain's national carrier resumes compulsory redundancies....
Health officials on virus alert
Source : Gulf Daily News  
Date : 2013-05-15
Health workers in Bahrain have been briefed on emergency procedures as a deadly Sars-like virus continues to spread in Saudi Arabia....
'Morphine Mafia' network may include doctors
Source : Gulf Daily News  
Date : 2013-05-15
A 'morphine mafia' involving doctors and other officials including 'well-known personalities' may be operating in Bahrain. As a result, police are stepping up investigations into the misuse of painkillers and...
Saudi Arabia's economy robust, says NCB Capital
Source : Saudi Gazette  
Date : 2013-05-15
NCB Capital, the GCC's leading wealth manager and the Kingdom's largest asset manager, has published its 5th Annual Saudi Factbook, the most comprehensive analysis of the Saudi capital markets, its...
GBCORP net profit hits $1.8 million
Source : Gulf Daily News  
Date : 2013-05-15
Global Banking Corporation (GBCORP), the Sharia-compliant investment bank, has posted a net profit of $1.785 million for the first quarter of the year against $2.734m for the same period in...
Corporate culture 'plays vital role'
Source : Gulf Daily News  
Date : 2013-05-15
Corporate culture determines how things are done in an organisation and has a major influence on corporate performance....
Sukuk success
Source : Gulf Daily News  
Date : 2013-05-15
The Central Bank of Bahrain has announced that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al Ijara, has been oversubscribed by 220 per cent....
UGB's net gains hit $6.5 million
Source : Gulf Daily News  
Date : 2013-05-15
Bahrain-based United Gulf Bank (UGB) earned a net profit attributable to the shareholders of $6.5 million for the first quarter of this year, compared with $9.1m in the first three...
Firm awarded CBB licence
Source : Gulf Daily News  
Date : 2013-05-15
The Central Bank of Bahrain (CBB) has granted a licence to NextCare Holding to establish NextCare Bahrain in the kingdom....
Bank posts $3.2m profit
Source : Gulf Daily News  
Date : 2013-05-15
ABC Islamic Bank earned a net profit of $3.2 million for the first quarter of 2013 compared with $1.6m for the same period last year....
Ithmaar back in black
Source : Gulf Daily News  
Date : 2013-05-15
Ithmaar Bank, a Bahrain-based Islamic retail bank, bounced back into the black in the first quarter of the year....
Turkish firm joins Exxon in Iraq project
Source : Arab News  
Date : 2013-05-15
A Turkish firm is partnering with the Kurdistan Regional Government (KRG) and Exxon Mobil to carry out oil exploration in northern Iraq, Turkey's prime minister said, taking Turkey's cooperation with...
Dubai nonoil trade rises to AED 325.5 billion in Q1
Source : Arab News  
Date : 2013-05-15
Dubai's non-oil trade jumped 16 percent in the first quarter and recovery in the emirate's property sector will help keep the pace up this year despite a plunge in trade...
Saudi real GDP to grow by 4.4% in 2013
Source : Arab News  
Date : 2013-05-15
Saudi Arabia's real GDP is estimated to have expanded 6.8 percent in 2012, according to Global Investment House's review of the Saudi economy....
Ritz-Carlton looking for expansion in Makkah and Jeddah
Source : Arab News  
Date : 2013-05-15
Pascal Duchauffour, area vice president of the Ritz-Carlton Europe, Middle East and Africa, is a reputable name in the hospitality industry....
Saudi Arabia 'needs more three-and four-star hotels'
Source : Arab News  
Date : 2013-05-15
Onyx Hospitality Group, which aims to become one of Asia's leading hospitality providers within five years, has lined up a number of new hotel signings and openings for 2013 at...
Tawuniya deal boon for 80,000 Saudi students
Source : Arab News  
Date : 2013-05-15
The Company for Cooperative Insurance (Tawuniya) and Aetna, a leading global diversified health care solutions company, have entered into a strategic alliance to provide health care benefits and services to...
Customs delegates discuss 'single window' plan at borders
Source : Arab News  
Date : 2013-05-15
More than 1,000 local, regional and international dignitaries from more than 100 countries are taking part in the World Customs Organization’s conference is under way in Dubai....
$ 400 million Riyadh airport deal for TAV
Source : Arab News  
Date : 2013-05-15
Turkey’s TAV Construction has received the design and construction tender worth $ 400 million for the King Khaled Airport Terminal 5 in Riyadh....
Five firms vie for telecom licenses
Source : Arab News  
Date : 2013-05-15
Five companies have submitted applications for virtual telecom licenses in Saudi Arabia including Virgin Mobile Middle East & Africa (VMMEA)....
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