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Sunday 14th, March 2010 -- 04:36 GMT
 
$500 million, the value of Al Maabar’s projects in Jordan over the next 4 years
 Upon a visit to Jordan, and during his meeting with senior Jordanian officials, Mr. Yousif M. Al Nowais, Managing Director of Al Maabar, highlighted the latest developments and future plans in the first phase of Marsa Zayed project in Aqaba.  ...
GFH establishing Syria Finance House with 15 billion Syrian pounds
 Gulf Finance House (GFH) announced that its in an advanced stage for establishing one of the largest Islamic banks in Syria under the name of Syria Finance House  ...
Siemens to expand power supply network in the United Arab Emirates
 Siemens Energy has received an order worth approximately EUR30 million from Dubai-based Federal Electricity and Water Authority (FEWA) as part of power supply network expansion.  ...
Reebok opens new store in Al Ain
 R.B.K. Middle East – the sole distributor for Reebok in the GCC, today announced the opening of a new Reebok store in the Al JIMI mall, Al Ain.  ...
ABB wins USD $2.8 million safety project in Qatar
 ABB’s Safety Integrity Level 3(SIL 3) and process control pipeline solution for a major oil and gas player is leading to improved safety standards and less downtime thus resulting in higher industrial  ...
Bank Audi issues a new economic report on the Jordanian economy
 A new economic report on Jordan was issued this week by Bank Audi s.a.l-Audi Saradar  ...
Gulf Technical Construction Company awarded 2 contracts worth AED 484 million
 Gulf Technical Construction Company (GTCC) Dubai, a subsidiary of Drake & Scull Construction (DSC), a newly formed company under Drake & Scull International PJSC (DSI), has been awarded 2 contracts valued at AED 484 million by DAMAC Properties in  ...
Rohde & Schwarz Signs Up as Licensed Business Partner of Dubai Studio City
 Dubai Studio City (DSC), a member of TECOM Investments, today announced Rohde & Schwarz (R&S), a leading provider of broadcasting, radio communications, radio monitoring, as well as test and measurement solutions, has become the licensed business  ...
Emaar Industries & Investments celebrates opening of new state-of-the-art plant by Dynergy Technologies
 New manufacturing facility in TechnoPark to drive expansion of Dynergy Technologies, a subsidiary of Emaar Industries &  ...
Kanoo, BDP JV to Serve Middle East Chemical Sector
 New venture will support region’s economic diversification  ...
Initial indicators show that UAE continues to be the top tea re-exporter in the world
 Initial indicators have shown that the UAE is still the top tea re-exporter of the world for the year 2009, and is set to retain the top position it reached in  ...
Dar al-Arkan successfully redeems US$600 million Inaugural Sukuk
 Dar Al-Arkan Real Estate Development Company (Dar Al-Arkan), a leading residential real estate developer in the Kingdom of Saudi Arabia, announces that it has successfully redeemed its inaugural Sukuk issued in March 2007. The repayment was made on  ...
Fox International Channels (“FIC”) and Abu Dhabi’s twofour54 announce strategic collaboration on three major projects
 FIC’s global online advertising network business, .FOX, will headquarter its Middle East operations in Abu Dhabi and in co-operation with  ...
2Connect commences services in Saudi Arabia
 Launches ‘2Connect IT Services’ in Bahrain and  ...
UAE real estate market to witness a demand-supply balance in 2010, says Shaikhani Group
 Company asserts commitment to go ahead with construction of all launched projects worth AED 1.34  ...
Al-Baddad Signs Partnership Agreement with Al Shams Group
 Al-Baddad International, the UAE-based technology innovator of mobile halls and smart warehouses and member of Al-Baddad Global Group, today announced it has entered into a strategic partnership with Al Shams Trading to establish its biggest branch  ...
averda announces entry into Saudi market
 This move is part of the company’s expansion plan into the GCC market  ...
Dubai records US$29 billion gold trade in 2009
 Annual imports stand at 576 tonnes; exports reach 403 tonnes  ...
TECOM Investments Delivers Third LEED Certified Building at No Cost
 The Green Premium on Omnicom Media Group’s New Office in Dubai Media City is only  ...
Kuwait Energy Announces New Oil Discovery & Increased Interest in Asset
 Kuwait Energy Company, one of the fastest growing independent oil and gas exploration and production companies in the Middle East, today announced the discovery of a new oil well in the northern area of Burg El-Arab (BEA) field in the Egyptian  ...
Qatar’s tourism sector set to maintain 6 per cent annual revenue growth rate in 2010
 Cristal Hotels and Resorts to open new hotels in the country within the  ...
General Assembly of Bank of Sharjah Approves distribution of 12% Cash Dividends & 5% Bonus Issue
 The Ordinary General Assembly of the Shareholders of Bank of Sharjah approves during its 36th annual meeting, the proposal of the Board of Directors to distribute 12% cash dividend equivalent to AED 240 Million and 5% Bonus issue equivalent to AED.  ...
Prime real estate in Morocco offers a solid investment
 According to leading international agent Knight Frank, luxury and prime property in Morocco, particularly in the cosmopolitan city of Marrakech, is in high demand  ...
TAQA Announces Ratings Change by Moody’s
 The Abu Dhabi National Energy Company PJSC (TAQA), a publicly listed company on the Abu Dhabi Securities Exchange (ADX: TAQA), today announced that Moody’s Investors Service has downgraded its corporate credit rating of TAQA from Aa2 (review for  ...
Four Million Umrah Pilgrims Expected in 2010
 Mövenpick Hotel & Residence Hajar Tower Makkah adds 129 rooms this month to meet  ...
Qtel Allocates QR600 Million for First Phase of Fibre-to-the-Home Project
 Homes across Qatar will have access to Ultra High-speed Internet, Digital Television and Video on  ...
Etihad Airways launches new destination management company - Hala Abu Dhabi
 Etihad Airways, the national airline of the United Arab Emirates, is expanding the range of services it offers business and leisure travellers with the launch today of its new destination management company – Hala Abu  ...
Abu Dhabi’s National Drilling Company awards Al Bzoom To MIS
 Project is MIS’ highest refurbishment contract to  ...
Jacobs Receives Contract for Sulfur Recovery Unit From Saudi Aramco
 Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it received a contract from Saudi  ...
Middle Eastern Mobile Operators Outperform Western Counterparts for First Time, PRTM Study Shows
 PRTM research shows Middle Eastern mobile players have revamped their operating models in ways that have led to profitable growth and overseas  ...
Gulf Navigation Completes Share Buyback of 42 Million Shares
 GulfNav completes its share buyback process, attaining 42 Million  ...
RAK Petroleum announces Tunisia entry
 RAK Petroleum PCL, the oil and gas exploration and production company, announced today that it has signed an agreement to join an offshore exploration license in the Tunisian  ...
STC subscribers exceed 100 million worldwide
 Latest strategic move extends STC’s global footprint into Bahrain  ...
Computer hardware sales in Saudi Arabia to exceed SAR 7.5 billion in 2010
 More than 550,000 computer units expected to be sold, as stock of installed computers reaches 4  ...
Abu Dhabi Finance announces record low interest rates starting from 5.75%
 Abu Dhabi Finance, the Emirate’s fastest growing home finance provider, has today announced the introduction of its new pricing, which will see interest rates starting from an unprecedented 5.75 per cent to 8.5 per cent.  ...
AXA Cooperative Insurance receives the Saudi Arabian Monetary Agency license to practice cooperative insurance business
 AXA Cooperative Insurance Company received its license from the Saudi Arabian Monetary Agency to practice cooperative insurance activities in  ...
Global fashion trends reveal growing influence of Arabic style
 Muslim fashion industry worth more than USD 96  ...
3.54 % profit rate distributed by National Bonds for 2009
 16.64 % Cumulative profit rate over 3 years  ...
   
 
 
Middle East construction sector to  ...
Etisalat Extends Its Customers’ Reach  ...
Large parts of Dubai Mall closed  ...
AUB’s Q/4 result rises by US$ 41.4  ...
SICO’s equity funds deliver strong  ...
Qatar Petroleum and ExxonMobil Announce  ...
News Corporation acquires a stake in  ...
Construction on I-Rise office tower  ...
Abu Dhabi Ship Building reports record  ...
Waha Board approves issuing AED 1  ...
Burj Khalifa readies to welcome first  ...
Tata Communications and Middle Eastern  ...
Gulf Bank reports net loss of KD 28  ...
Saudi Tabreed appointed by Saudi Aramco  ...
Standard Chartered Bank launches  ...
Al Rajhi Capital and Arcapita Announce  ...
Redington Value stages road shows to  ...
DTTC registers 7.5 million kilos of tea  ...
IBQ Achieves 2nd Highest Earning Growth  ...
Emirates Fortune Group Launches  ...
Zain KSA” and Ericsson Sign Agreement  ...
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