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| Qatar should consider more flexible forex rate: banker |
| Source : Gulf Times |
| Date : 2013-05-22 |
| Qatar and other Gulf states should consider moving to a more flexible exchange rate from long-entrenched pegs to the US dollar, to better manage inflation risk in the next decade,... |
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| SR 1 bn Saudi Electricity contracts for Siemens |
| Source : Arab News |
| Date : 2013-05-22 |
| Siemens, a global powerhouse in electronics and electrical engineering operating in the energy, infrastructure, industry and health care sectors, has been awarded two contracts worth around SR 1 billion by... |
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| Dubai increasingly popular cruise tourism destination |
| Source : Khaleej Times |
| Date : 2013-05-22 |
| Dubai is reinforcing its position as a destination of choice for cruise tourism by welcoming newly renovated luxury liner, Mariner of the Seas on its maiden call to the emirate.... |
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| Doha Bank likely to sell bonds to raise capital: CEO |
| Source : Gulf Times |
| Date : 2013-05-22 |
| Doha Bank could issue a capital-boosting bond instead of shares as planned, although it was evaluating the best route to help raise core capital, its chief executive said.... |
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| IMF sees Saudi economic slowdown, warns of inflation |
| Source : Arab News |
| Date : 2013-05-22 |
| Saudi economic growth will slow to 4.4 percent in 2013 from 6.8 percent last year due to an expected fall in oil production, and cuts in government spending, the International... |
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| Kuwait, Morocco sign cooperative deals |
| Source : Kuwait News Agency |
| Date : 2013-05-22 |
| Kuwait and Morocco signed a number of cooperative agreements as the first session of the Kuwaiti-Moroccan Commercial Committee wound up here on Tuesday.... |
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| Solar power brightens Oman oil output prospects |
| Source : Arab News |
| Date : 2013-05-22 |
| Petroleum Development Oman (PDO) and US GlassPoint Solar have commissioned the Middle East's first solar enhanced oil recovery (EOR) project, the project partners said.... |
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| Qatar's GDP expected to grow 5.2% in 2013 |
| Source : Arab News |
| Date : 2013-05-22 |
| Qatar has successfully completed its 20-year investment plan to commercialize its natural gas reserves, the third largest globally with 25 trillion cubic meters or 13.0 percent of the world's total... |
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| IMF stays upbeat on Dubai |
| Source : Khaleej Times |
| Date : 2013-05-22 |
| The International Monetary Fund, or IMF, said on Tuesday that it was confident of Dubai's ability to meet all financial obligations given its track record of successfully managing payment rescheduling.... |
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| Int'l shipping line "Evergreen" launches its trips to Aden port |
| Source : Yemen News Agency |
| Date : 2013-05-21 |
| Taiwan's international shipping line "Evergreen" is to launch its trips to the container port in Aden starting from tomorrow Wednesday, by receiving the Liberian ship Santa Bijeljina in the first... |
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| Earthquake effect set to be probed |
| Source : Gulf Daily News |
| Date : 2013-05-21 |
| Seismic activity near Bahrain and its effect on structural design will be discussed during an event at the Bahrain Society of Engineers tonight.... |
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| Royal visit will stay forever in the minds of all workers |
| Source : Oman Daily Observer |
| Date : 2013-05-21 |
| The Royal visit of His Majesty Sultan Qaboos to Petroleum Development Oman (PDO) has deep and great connotations and significance, on many levels and fronts, due to the importance of... |
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| Shura vows to rescue budget |
| Source : Gulf Daily News |
| Date : 2013-05-21 |
| Bahrain's Shura Council has vowed to rescue the country's national budget, including financial concessions that benefit 350,000 Bahrainis, after MPs effectively threw it on the scrap heap last week.... |
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| Oil 'quake' much ado about nothing |
| Source : Arab Times |
| Date : 2013-05-21 |
| Did the oil sector witness a real storm of change for the better or just a tempest in the teapot? In a situation where there is no change in the... |
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| Survey reveals health habits |
| Source : Gulf Daily News |
| Date : 2013-05-21 |
| A health survey in Bahrain has found that only half of those questioned (52 per cent) eat the recommended three meals a day, while one in five Bahrainis never do... |
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| Boost for tourism |
| Source : Oman Tribune |
| Date : 2013-05-21 |
| Approval of a master plan to develop Port Sultan Qaboos into a dedicated tourist hub highlights government’s initiatives aimed at expanding facilities for visitors, and thereby giving this vital economic... |
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| Schneider Electric strives towards a greener Saudia |
| Source : Saudi Gazette |
| Date : 2013-05-21 |
| Schneider Electric, a global enterprise in the field of energy management, unveiled their plans for a more eco-friendly Kingdom at a press conference at their Xperience Efficiency event on Monday.... |
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| Buhair Valley digging work halted |
| Source : Gulf Daily News |
| Date : 2013-05-21 |
| Plans for an upcoming housing project could be reviewed due to environmental and health concerns, it has emerged.... |
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| India eyes 100,000 Saudis a year |
| Source : Saudi Gazette |
| Date : 2013-05-21 |
| Parvez Dewan, Secretary of India’s Ministry of Tourism, said that the number of Saudi tourists visiting India last year was around 26,000, a growth of over 12 percent compared to... |
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| Clean-up drive |
| Source : Gulf Daily News |
| Date : 2013-05-21 |
| A major environmental campaign to clean up Bahrain's capital, Manama, was launched yesterday.... |
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