Main headlines
May 13, 2013
The Central Bank of Egypt (CBE) received a $3bn Qatari deposit for the purchase of Egyptian bonds on Thursday, confirmed Nidal Assar, the sub-governor of the CBE.
The UAE Cabinet has approved an agreement between the UAE and the International Air Transport Association (IATA)
RAK Petroleum’s assets include a 42.8 per cent holding in Norwegian oil company DNO International ASA.
The Tadawul All-Share Index (TASI) ended yesterday’s trading in the red at 7,195.17 points
Prime Minister Hesham Qandil stated that negotiations currently being held with the IMF to secure the country’s pending $4.8bn loan were ongoing
Khaleeji Commercial Bank (KHCB) has signed a three-way memorandum of understanding (MoU) with Bahrain Defence Force's Military Consumer Association (MCA) and its main supplier Glabrous International (GI).
Saudi Arabia’s energy minister said the kingdom has no plans to dramatically expand its oil production capacity to 15 million barrels per day
May 12, 2013
The GCC projects industry is expected to have another stellar year in 2013 as the value of contracts to be awarded is expected to reach $1.35 trillion by year-end, significantly higher than the $ 730 billion total last year.
The GCC projects industry is expected to have another stellar year in 2013 as the value of contracts to be awarded is expected to reach $1.35 trillion by year-end, significantly higher than the $ 730 billion total last year.
Two of Africa's biggest economies sign memoranda of understanding
Bahrain will host the Energy Management Conference and Exhibition 2013
Omani Students Society in London (OSSL) organised their second knowledge sharing programme, 'Talk of the Season'
Nokia is preparing to launch Asha 501 across the Saudi market in July. A senior Nokia executive made this announcement as the company unveiled a new family of Asha smart phones in New Delhi.
Social media giant Facebook is in talks with GPS mobile app Waze for a deal worth a whopping one billion dollars.
Qatar Shell has unveiled new supply chain business opportunities for local companies following the agreement it signed with Qatar Development Bank (QDB) earlier this year to provide local companies and manufacturers access to new business opportunities,





