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| Dar Al Arkan's $750m sukuk programme a big success |
| Source : Gulf Daily News |
| Date : 2013-05-23 |
| Bank Alkhair, a Bahrain-headquartered Islamic wholesale bank, has announced the successful closure of the first tranche of a $750 million sukuk programme by Saudi Arabia's Dar Al Arkan real estate... |
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| Price index up 2.8 per cent |
| Source : Gulf Daily News |
| Date : 2013-05-23 |
| Bahrain's consumer price index (CPI), a measure of inflation, rose by 2.8 per cent to 117.8 points in April from 114.6 points for the same month last year, the Central... |
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| BP to invest $2.9 billion in Iraq field |
| Source : Gulf Daily News |
| Date : 2013-05-23 |
| Oil major BP has allocated $2.85 billion to develop Iraq's Rumaila oilfield in 2013, up from $2.2bn last year, the head of the joint management committee for the field yesterday... |
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| Key scheme for remitters |
| Source : Gulf Daily News |
| Date : 2013-05-23 |
| Xpress Money has, in partnership with Union Insurance, launched a free life insurance cover scheme for its Bahrain remitters.... |
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| Asry planning to set up new floating dock |
| Source : Gulf Daily News |
| Date : 2013-05-23 |
| Asry plans to set up another floating dock entailing a multimillion investment, it has emerged.... |
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| RedTag plans to open more stores in Bahrain |
| Source : Gulf Daily News |
| Date : 2013-05-23 |
| RedTag Group, the Dubai-based value fashion chain, plans to open three more stores in Bahrain over the next couple of years, the company's top official has said.... |
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| Saudi business leaders learn strategy execution from a global expert |
| Source : Saudi Gazette |
| Date : 2013-05-23 |
| Over 200 business leaders, mostly Saudis, attended a stimulating one-day seminar on 'Successful Strategy Execution' with the globally renowned management expert, Dr. David Norton, the co-founder of the unique management... |
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| Oman's rail project to spawn services industry |
| Source : Oman Daily Observer |
| Date : 2013-05-23 |
| The Oman National Railway Project is expected to catalyse the growth of manufacturing industries and support services, all of which will also contribute significantly to employment generation, say authorities overseeing... |
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| Regional turmoil prompts Saudis to change their vacation plans |
| Source : Arab News |
| Date : 2013-05-23 |
| Local tourism experts predict that the political uprisings in Syria, Lebanon, Egypt and other Arab countries has had an impact on Saudis' vacation choices.... |
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| Oman Air to buy A330-300 aircraft |
| Source : Oman Daily Observer |
| Date : 2013-05-23 |
| Oman Air, the national carrier of the Sultanate of Oman, has placed an order for three A330-300s, thus increasing its A330 fleet to 10 Airbus aircraft.... |
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| Powdered milk makers seek price hike OK |
| Source : Arab News |
| Date : 2013-05-23 |
| A group of powdered milk producers has requested the Ministry of Commerce's authorization to raise the prices of their products ahead of Ramadan. One firm has already gone ahead and... |
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| Dubai's 10 biggest villa deals |
| Source : Emirates 24/7 |
| Date : 2013-05-23 |
| Property prices in Dubai are on the upswing, especially in the villa market, with prices rising by 20 per cent last year.... |
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| Africa tempts Gulf bond investors |
| Source : The Peninsula |
| Date : 2013-05-23 |
| The lure of sub-saharan Africa, with its geographic proximity and promise of higher returns, is tempting cash-rich Gulf Arab bond investors to look south, a marked departure from the relative... |
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| Flood protection dam in Sur |
| Source : Oman Daily Observer |
| Date : 2013-05-23 |
| The Tender Board yesterday awarded various projects worth RO 155 million, including construction of an additional centre at Oman International Conventions and Exhibitions Centre project (second package) valued at RO... |
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| Emirates NBD launches $1b bond at 5.75% |
| Source : Khaleej Times |
| Date : 2013-05-23 |
| Emirates NBD launched a $1 billion core capital-boosting bond on Wednesday, amid healthy demand, allowing the Dubai lender to tighten earlier price guidance.... |
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| Emirates ups Colombo flights |
| Source : Khaleej Times |
| Date : 2013-05-23 |
| Emirates, one of the world’s fastest growing airlines, will increase capacity on its services to Colombo from June 30, with the addition of three more flights per week, the airline... |
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| Flydubai begins Salalah flights |
| Source : Khaleej Times |
| Date : 2013-05-23 |
| Flydubai on Wednesday began flights to Salalah, in the Sultanate of Oman, bringing its operational network to 60 destinations.... |
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| 'No word from Vivendi on Maroc Telecom bid' |
| Source : Khaleej Times |
| Date : 2013-05-23 |
| Etisalat has yet to hear back from Vivendi on its bid for the French firm’s 53 per cent stake in Maroc Telecom, its top official said on Wednesday.... |
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| Emirates NBD Properties inks Dh122m agreement for retail space |
| Source : Khaleej Times |
| Date : 2013-05-23 |
| Emirates NBD Properties on Wednesday announced a Dh122 million agreement for retail space in Index Tower, located in the Dubai International Financial Centre (DIFC).... |
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| Design experts discuss new trends at Index seminars |
| Source : Khaleej Times |
| Date : 2013-05-23 |
| The Index International Design Exhibition and The Office Exhibition, which close today, have provided the regional interior design and architecture community with an inspiring professional experience, organisers said.... |
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