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Friday 9th, May 2008 -- 21:18 GMT


	Global Investment House: Oman Economic and strategic Outlook – Real Estate Sector



	The increasing overall surplus year after year on account of upward moving oil prices and the resultant liquidity has proved to be a boon for the real estate sector that is now sought to be the highest income yielding investment in the Sultanate. ...


	GTI study reveals the ‘SMART’ Middle East Mobile phone customer



	In its third edition, the Global Telecom Insights (GTI 2007-8) survey by TNS has revealed fresh insights into the mobile phone usage patterns across the Middle East. 78% of mobile users use some form of Mobile music (FM/MP3) in UAE. The survey was ...


	Emaar Middle East unveils Al Khobar Lakes with launch of exclusive lakefront community



	Emaar Middle East (EME), a subsidiary of Emaar Properties PJSC focused on project development in the Middle East region, has rolled out the multi-billion dollar Al Khobar Lakes development with the launch of the first lakefront gated residential ...


	AED11 million a year to maintain facilities at the Atlantis on The Palm Jumeirah in Dubai



	One of the Middle East’s most spectacular new resort hotels, the Atlantis on The Palm Jumeirah in Dubai, will need a 130-strong team to maintain its facilities at an annual cost of AED11 million when it opens later this ...


	Bullish trading at Kuwait Stock Exchange



	Kuwaiti stocks on Tuesday rallied past the 15,000-point mark for the first time on positive first quarter results and cashflow, traders said. ...


	World Economic Forum and Dubai government announce inaugural summit on the global agenda



	The Summit on the Global Agenda is a new, unique gathering of the world’s most influential thinkers – leaders from academia, business, government and society. Its purpose is to advance solutions to the most critical challenges facing humanity. This ...


	NBK Capital launches US$ 125 million Kuwait Investment Opportunities Fund



	NBK Capital, one of the leading regional investment banks, has successfully launched the Kuwait Investment Opportunities Fund with assets under management of US$ 125 million. The Fund is focused on investing in private equity opportunities in ...


	Kuwait's Burgan Bank to buy United Gulf Bank



	Burgan Bank – one of the leading banks in Kuwait – has announced plans to buy United Gulf Bank’s holdings in four regional operations for a total of US$ 725 million (KD 194 ...


	Abu Dhabi bourse gets new brand



	The Abu Dhabi Securities Exchange (ADX) is the new name of the UAE capital’s bourse. Formerly called the “Abu Dhabi Securities Market”, the ADX said the renaming, and accompanying rebranding, reflects international practice and the increasing ...


	UAE yops Mideast’s IT Competitiveness Index



	The United Arab Emirates continues to lead the Middle East’s information and communication technology (ICT) readiness index according to the Global Information Technology Report (GITR), a joint study conducted by World Economic Forum and INSEAD, one ...


	Abraaj Capital partners with Al Borg Laboratory to expand healthcare services in Egypt and across MENASA region



	Abraaj Capital, one of the leading investment firms specialising in private equity investment in the Middle East, North Africa and South Asia (MENASA) region, announced today that it has acquired a 76.9 per cent stake in Al Borg Laboratory, the ...


	Dubai hailed after refusing to allow Jewish tycoon to open jewelry stores



	Days after Israeli billionaire Lev Leviev publicly announced plans to open two new jewelry stores in Dubai this year, a high-level Dubai government official said that Leviev had no trade license to open a store in the Emirate. ...


	Oman: Arabian Gulf Gate to develop OMR 44 million ‘Ryad Al Sawadi’ project



	Arabian Gulf Gate (AGG), an Oman-based property developer, has announced its plans to develop ‘Ryad Al Sawadi’, an OMR 44 million (AED 420 million) project, located in the coastal plains of Barkaa state in Oman, which is expected to attract more ...


	Dubai hotel visitors to cross ten million by 2010



	The number of hotel visitors to Dubai is projected to rise to ten million by 2010, from about seven million in 2007, according to projections released by Dubai Tourism and Commerce Marketing (DTCM), during the inaugural of Arabian Travel Market ...

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