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February 12, 2012

Construction companies will have to wait a while and be a bit cautious
08:13 GMT
Worries about uncertain investment laws, local partnerships, corporate governance and the fate of business deals made with the former regime are forcing construction companies to take a more cautious approach to the Libyan market.

February 9, 2012

Pure Gold Jewellers has launched a romantic collection of heart-shaped pendants in diamonds, gold and silver exclusively for Valentine's Day
20:26 GMT
Grand Hypermarket at Ruwi aims to provide its customers with a wide range of about 23,000 products, catering to the local and expatriate community in Oman.
The latest analysis by Point Carbon, which provides market intelligence, news and advisory services, calculated the cost based on the price of EU emissions allowances traded as of Monday at €8.56 and the latest emissions forecasts for carriers
20:00 GMT
Airlines face a carbon pollution bill of €505 million ($670m) for this year under a controversial EU emissions trading scheme, an analysis by Thomson Reuters Point Carbon on Thursday shows.
Analysts estimate the size of Qatar’s sovereign wealth fund at some $100 bn
16:20 GMT
The question is whether growth will be high enough to absorb property supply created by last year’s surge in real estate lending.
The central bank revealed this week that foreign reserves continued to fall rapidly in January, threatening a currency crisis
13:44 GMT
A strong performance by Egypt's stock market in the last few days, despite a string of negative political and economic news, suggests the market's year-long downtrend has ended and investors will continue flocking back.
The authorities have approved four new projects at the Bahrain International Investment Park (BIIP), making Bahrain an industrial hub
11:01 GMT
Bahrain's business-friendly credentials and economic potential have got an endorsement that speaks louder than most, it is the voice of the industry that has come at a time of global economic turbulence.
Analysts said facebook would have to manage and censor content heavily to gain Beijing’s blessing for this to change
10:32 GMT
Facebook was already blocked from the world’s second-biggest economy nearly three years ago following deadly riots in the western province of Xinjiang that authorities say were abetted by the social networking site.
09:35 GMT
These are a few examples of the market segments that can be utilised in achieving long-term benefit that includes optimal rental and resale value.

February 8, 2012

Crude oil prices are currently healthy and fair to producers, Al Rumhy said
17:25 GMT
Oil producers will meet demand if supply from Iran is reduced, Mohammed Al Rumhy, Oman's oil and gas minister, said at an energy conference in Bangkok yesterday.
Gold could face a short-term pullback if Greece strikes a deal, as it may hurt the appeal of safe-haven assets
17:20 GMT
Gold prices held steady around $1,745 an ounce on Wednesday, as investors waited with caution for Greece to grind towards a deal on a rescue package that it urgently needs after missing a string of deadlines.
Android and iPhone smartphones accounted for slightly more than 90 percent of US smartphone sales in the fourth quarter of 2011
16:14 GMT
Smartphone demand is increasing as prices for devices become more affordable, encouraging users to upgrade to handsets on which they can browse the Web and send e-mail.
Seatrade Middle East officials earlier said every vessel that berthed in Bahrain could be worth around $300,000 (BD113,400) to the economy
10:09 GMT
Bahrain's tourism sector is set to miss out on tens of thousands of dinars after one of the world's largest luxury cruise liners cancelled stops here today and next Wednesday.
There are many issues beyond government control and the Jordanian people must understand this
09:37 GMT
Spurring economic growth is the private sector’s responsibility, and not the government’s, a World Bank official stressed on Tuesday.
FedEx Express was followed by Microsoft, Marriott, PepsiCo and The One
08:15 GMT
Climbing from second place in last year’s Top Companies list to number one in 2012 was FedEx Express.

February 7, 2012

The construction of the road will be executed through two tenders
16:45 GMT
The Department of Transport (DoT) has invited bids for the construction of a new 62km-long Abu Dhabi-Dubai dual carriageway.