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Petrofac signs RO 50m O&M deal with OOCEP
Source : Oman Daily Observer  
Date : 2013-06-20
Petrofac has added to its global operations and maintenance portfolio with the announcement of a new agreement, worth $50 million, with Oman Oil Company Exploration and Production LLC (OOCEP)....
Mining firm plans pvt sector's first underground foray
Source : Oman Daily Observer  
Date : 2013-06-20
Mawarid Mining LLC, the mining and exploration arm of the MB Group of Companies, hopes to become the first privately owned Omani mining firm to undertake underground mining operations in...
New Saudi shipping regulations issued
Source : Saudi Gazette  
Date : 2013-06-20
Saudi Arabia's new shipping regulations which apply to activities of transport of goods by sea through a transport contractor, between the ports of the Kingdom or between the Kingdom and...
'Pakistan would have to pay billions of rupees to Iran if scraps IP gas pipeline project'
Source : Tehran Times  
Date : 2013-06-20
Pakistan would have to pay billions of rupees to Iran if it did not fulfill its obligations regarding the Iran-Pakistan gas pipeline project, Former Pakistani federal minister Syed Naveed Qamar...
Qatar's foreign trade surplus up by 2.2pc
Source : The Peninsula  
Date : 2013-06-20
Qatar's foreign merchandise trade surplus has increased 2.2 percent in April, 2013....
Etihad Airways implements new technology to reduce flight delays
Source : Khaleej Times  
Date : 2013-06-20
Etihad Airways, the national carrier of the UAE, has entered into an agreement with global technology company Taleris to launch a new technology which can help predict potential maintenance faults...
Saudi banking sector remains positive
Source : Saudi Gazette  
Date : 2013-06-20
The re-rating of valuation of Saudi banks is now closer, given expectations of increases in the global interest rates, NCB Capital, the GCC's leading wealth manager and the Kingdom's largest...
$ 1.3 billion for fisheries sector
Source : Oman Daily Observer  
Date : 2013-06-20
Oman has adopted a comprehensive development strategy since the 1970s aimed at diversifying national revenues through developing other sectors including fish and agriculture sectors instead of depending on oil alone....
QCB regulation will boost investments
Source : The Peninsula  
Date : 2013-06-20
Qatar Central Bank's (QCB) newly announced decision to regulate Qatari banks' investment portfolio is expected to drive more bank investments into the country's capital markets, mostly into government securities....
Abu Dhabi records 7.7% growth on high oil prices
Source : Khaleej Times  
Date : 2013-06-20
Abu Dhabi grew 7.7 per cent year on year in 2012, on higher oil prices....
Kuwait says oil prices are fair
Source : Arab News  
Date : 2013-06-20
Kuwait's acting oil minister said yesterday current oil prices were "fair" and that the Gulf Arab state was producing around 3 million barrels of crude per day....
Al Baraka to host symposium on Islamic economics in Jeddah
Source : Arab News  
Date : 2013-06-20
Al Baraka Banking Group will hold its 34th symposium on Islamic economics at Jeddah Hilton on July 17-18 to discuss a number of emerging banking and financial issues and transactions....
New SMC clinic for sickle cell patients
Source : Gulf Daily News  
Date : 2013-06-19
Health officials hope a new multi-disciplinary clinic will revolutionise the way sickle cell patients are treated....
Educational plans in France probed
Source : Gulf Daily News  
Date : 2013-06-19
Educational opportunities for Bahrainis could be expanded with the Crown Prince's International Scholarship Programme (CPISP) reviewing schemes available in France....
Tunisian PM lauds Kuwaiti participation in Sfax int''l fair
Source : Kuwait News Agency  
Date : 2013-06-19
Interim Prime Minister Ali Laarayedh lauded here late Tuesday the Kuwaiti participation in the 47th Edition of Sfax International Fair which will last till July 2....
Kuwait oil price down 86 cents to USD 101.95 pb
Source : Kuwait News Agency  
Date : 2013-06-19
Price of Kuwaiti crude oil dropped 86 cents reaching USD 101.95 per barrel (pb) on TUesday compared to USD 102.81 pb the day before, Kuwait Petroleum Corporation (KPC) said on...
KSE indices end Wednesday trading in red
Source : Kuwait News Agency  
Date : 2013-06-19
The indices at Kuwait Stock Exchange (KSE) ended Wednesday's trading on a red board as the weighted index went down by 0.86 points to 460.26 points while the price index...
Gold price reaches KD 393.6 per ounce in local markets
Source : Kuwait News Agency  
Date : 2013-06-19
The price of gold in domestic transactions reached KD 393.6 per ounce Wednesday, while the selling price reached KD 12, 654 per kilo, Ministry of Commerce and Industry reported....
Qatari bourse index dips by 68.65 points
Source : The Peninsula  
Date : 2013-06-19
Qatar Exchange index was down yesterday 68.65 points or 0.73 percent to 9,361.05 points from the previous closing of 9,429.70 points....
Key budget meeting set
Source : Gulf Daily News  
Date : 2013-06-19
An extraordinary parliament meeting will be held on Monday so that MPs can vote on the delayed national budget....
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