Oman

July 2, 2003

03:00 GMT

A $250 million issue of Islamic leasing bonds (Ijara sukuk) was recently today on the Bahrain Stock Exchange. The listing brings to a total of $1.25 billion the value of bonds listed on the BSE.

June 30, 2003

03:00 GMT

Gulf Air will resume its daily flights to Hong Kong via Bangkok, July 1. Flights were suspended earlier this year in line with GCC directives and measures by government authorities in the airline’s ow

03:00 GMT

Emirates has signed a $90 million multi-currency Islamic lease for one A330-200 aircraft with Jeddah-based Islamic Development Bank, arranged by HSBC. This is the first time ever that an entire A330 a

June 25, 2003

03:00 GMT

Heritage Oil Corporation announced that its combined oil reserve base has increased in West Africa, the Middle East and Uganda following a recent reserve evaluation undertaken by geoscience consultanc

03:00 GMT

The Dubai Naturalization and Residency Department (DNRD) recently awarded its officers and staff from the Information Technology (IT) department for their active role in facilitating services to visit

June 19, 2003

03:00 GMT

A total of 585 Omanis, including 16 women, have registered to run in October 2 elections to the Gulf sultanate's advisory council, a top interior mini

03:00 GMT

The Middle East’s largest hotel operator InterContinental Hotels Group is to manage a new Holiday Inn resort hotel on the eastern shores of the Dead Sea in Jordan. The new resort hotel will provide mi

June 18, 2003

03:00 GMT

As part of its summer schedule, Gulf Air will commence flights to Salalah, Oman's premium destination on the Arabian Sea as of July 2.   In terms of the recently published schedule, which is in effect

June 16, 2003

03:00 GMT

Petroleum Development Oman (PDO) has successfully check the integrity of its vital crude-oil export flowlines using a robot. The robot has confirmed that the aging conduits are in fair condition.  The

03:00 GMT

The Vice Chairman and joint CEO of LG Electronics, Kim Ssang Su, is due in Dubai later this month to review Middle East and Africa operations for the Korean firm.  Last year Kim’s division took in rev

03:00 GMT

The inaugural flight of Gulf Traveller, Gulf Air’s subsidiary, all-economy airline, took off from Abu Dhabi June 15, 2003. The flight, destined for Jeddah, officially marked the international carrier’

03:00 GMT

In a bid to increase the usage of the quick electronic access Smart Card at Dubai International Airport, Dubai Naturalization and Residency Department (DNRD) has introduced a pre-paid e-Gate voucher f

June 15, 2003

03:00 GMT

Avaya, a provider of communications networks and services for businesses, has appointed Gulf Systems as an Authorized BusinessPartner under its SYSTIMAX First program, to provide the full portfolio of

June 10, 2003

03:00 GMT

Oman’s Sultan Qaboos bin Saeed left Monday the Sharm El-Sheikh resort, concluding a two-week visit to Egypt, during which he held talks with Egyptian

03:00 GMT

KAB Strategy Kuwait, the associate partner of E-Sun Bank Hong Kong has introduced a new concept in the investment by launching a new investment tool with high and unlimited returns on deposits, princi