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| Union Q1 net profit slips 2.2% |
| Source : Khaleej Times |
| Date : 2013-05-16 |
| Dubai developer Union Properties reported a 2.2 per cent drop in first-quarter net profit on Wednesday due to a slump in housing sales.... |
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| Avant unveils flooring, walling and roofing products |
| Source : Khaleej Times |
| Date : 2013-05-16 |
| Avant, the manufacturer of construction and interior products, announced on Wednesday the official Middle East launch of its new generation flooring, walling, ceiling and roofing products.... |
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| Dubai Events and Promotions Establishment renamed |
| Source : Khaleej Times |
| Date : 2013-05-16 |
| His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE, in his capacity as the Ruler of Dubai, has issued a law to change the... |
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| Imdaad to invest Dh200m in next three years: Lootah |
| Source : Khaleej Times |
| Date : 2013-05-16 |
| Imdaad, a specialist provider of all-round facilities management solutions, plans to invest up to Dh200 million in the next three years on expansion, according to a top official of the... |
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| 'Huge optimism about business opportunities in Kuwait' |
| Source : Kuwait News Agency |
| Date : 2013-05-16 |
| Baroness Morris, British Prime Minister David Cameron's Trade envoy to Kuwait, said Wednesday she was looking forward to visiting Kuwait in the near future to build on the successful conference... |
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| MEBAA to host business aviation conference |
| Source : Saudi Gazette |
| Date : 2013-05-16 |
| The Middle East Business Aviation Association (MEBAA) is hosting the inaugural Middle East Business Aviation Conference (MEBAC) in the Kingdom of Saudi Arabia.... |
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| Bahri achieves Intl recognition in London |
| Source : Saudi Gazette |
| Date : 2013-05-16 |
| THE National Shipping Company of Saudi Arabia (Bahri) was presented with “Seatrade 2013 Global Perform Award” during the prestigious 25th Seatrade Awards Ceremony Dinner held recently at London’s historic Guildhall.... |
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| Al Faisaliah Group, Vamed Engineering sign MoU |
| Source : Saudi Gazette |
| Date : 2013-05-16 |
| VAMED Engineering & Optimah (a subsidiary of Al Faisaliah Group) signed today a Memorandum of Understanding to deliver tailor-made Healthcare Turnkey Solutions including engineering and project management as well as... |
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| Samsung unveils its 2013 Smart TV lineup |
| Source : Saudi Gazette |
| Date : 2013-05-16 |
| SAMSUNG Electronics Co., Ltd, a global leader in digital media and digital convergence technologies, launched its 2013 Samsung Smart TV lineup during a press conference organized in Jeddah in presence... |
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| REDTAG opens new store at Jarir Mall |
| Source : Saudi Gazette |
| Date : 2013-05-16 |
| REDTAG, the region’s leading value fashion, lifestyle and homeware retailer opened its 19th store at Jarir Mall, Prince Sultan St. in Western region recently.... |
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| Sales exceed AED1b in DAMAC Towers |
| Source : Saudi Gazette |
| Date : 2013-05-16 |
| DAMAC Properties has announced sales exceeding AED one billion in its DAMAC Towers by Paramount development, which is under construction in the Burj Khalifa area of Dubai.... |
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| flydubai CEO: Saudi market has potential to add more capacity |
| Source : Saudi Gazette |
| Date : 2013-05-16 |
| Dubai's innovative low cost airline is looking forward to expand its operations to more airports in the Kingdom, a top official said.... |
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| Sabic board visits CRI at KAUST and KAEC |
| Source : Saudi Gazette |
| Date : 2013-05-16 |
| The board of directors of the Saudi Basic Industries Corporation (Sabic) visited the Sabic Center for Research and Innovation (CRI) at the King Abdullah University for Science and Technology (KAUST)... |
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| Chinese delegation visits Jubail RC |
| Source : Saudi Gazette |
| Date : 2013-05-16 |
| A Chinese delegation led by Huang Qifan, Mayor of Zhuji City, Chongqing, were received recently at the Royal Commission Visitor Center by Dr. Mosleh H. Al-Otaibi, RCJ CEO, and a... |
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| Kenana to export animal feed to KSA |
| Source : Arab News |
| Date : 2013-05-16 |
| Sudan’s biggest sugar producer plans to export up to 50,000 tons of animal feedstock annually to Gulf countries.... |
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| Warburg closes $ 11 bn global private equity fund |
| Source : Arab News |
| Date : 2013-05-16 |
| Warburg Pincus, a major global private equity firm focused on growth investing, has announced the closing of Warburg Pincus Private Equity XI, L.P. (WP XI), a $ 11.2 billion global... |
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| Bank to raise $200m with sukuk |
| Source : Gulf Daily News |
| Date : 2013-05-16 |
| Al Baraka Islamic Bank yesterday announced that it was raising $200 million through trust certificates in a Sukuk Al Wakala issue which will mature in 2015.... |
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| Petroleum sector to gain from Al-Dahra contract |
| Source : Arab News |
| Date : 2013-05-16 |
| The first fluid catalytic cracking (FCC) catalysts manufacturing facility in the Middle East will be built in Abu Dhabi.... |
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| Zero-injury milestone for Bapco |
| Source : Gulf Daily News |
| Date : 2013-05-16 |
| Bapco and its contractors' employees yesterday achieved the safety milestone of one million employee-hours without a lost time injury (LTI).... |
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| Regulation challenges for CFOs |
| Source : Gulf Daily News |
| Date : 2013-05-16 |
| The role of chief financial officers (CFOs) in Bahrain is becoming far more forward-looking, and they see increasing regulation as their greatest challenge, according to the Institute of Chartered Accountants... |
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