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Powered by Stock TraderGulf Salaries Rise By 11.4% - Study
Private sector salaries in the Gulf region increased at an average rate of 11.4% over the last year, according to figures released today by GulfTalent.com, the Middle East’s leading online recruitment...
DIFC”s 1st Report On GCC Monetary Union
The Dubai International Financial Centre (DIFC) last month released a report assessing the progress being made by GCC countries to achieve the convergence criteria for a GCC Monetary Union (GMU) that...
Social Contribution
In accordance with the vision of Husein Mohamed Salem Al Meeza, Vice Chairman towards the social responsibilities of all the financial institutions; Al Salam Bank-Bahrain has donated a total of $2.016m...
MEI Implements Advanced Solar Heating Solutions In Industrial Sector
Millennium Energy Industries (MEI), a leading MENA region solar solutions company, announced the successful commissioning of advanced solar energy solutions for two major industrial entities. The Jordache...
Masdar Breaks Ground On Photovoltaic Factory In Germany
Less than three months after announcing a strategic investment into thin-film photovoltaics, Masdar, the Abu Dhabi renewable energy company, broke ground on its first photovoltaic production plant in Ichtershausen,...
Is Lebanon at a Crossroad?
Observers and diplomats are watching with great concern the tense parliamentary elections in Lebanon, fearing that the outcome of these landmark elections will determine the political and economic future...
R. Seetharaman Conferred Phenomenal Banker Achievers Excellence Award
R. Seetharaman, Chief Executive Officer Doha Bank was recently conferred by The President of Mauritius H.E RT. Hon. Sir Anerood Jugnauth G.C.S.K., K.C.M.G., Q.C the prestigious NRI Institute Achievers...
Ajman Bank Hosts Business Community Forum
Ajman Bank, the Emirate’s first Islamic commercial bank, lately hosted its first Annual Business Community Forum under the patronage of HH Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and...
Three New Directors Join Tharawat
To further boost its forces and believing in the high qualifications of Bahraini citizens and as part of its Bahrainisation drive, Tharawat Investment House (Tharawat), the latest investment house to operate...
Reflections on Sudan’s Economy
Mohammad Ali, General Manager of the Saudi Sudan bank spoke about the effect of the international crisis on Sudan and his opinion on its causes and effect on the global economy. Finally, the GM shed some...
The Islamic Development Bank Group and the Global Fund Join Hands to Fight Malaria, AIDS and Tuberculosis (GFATM)
The Islamic Development Bank (TDB) and the Global Fund to Fight Aids, Tuberculosis and Malaria (GFATM) signed recently, in Tehran, a memorandum of understanding to pool their efforts and support activities...
Takaful International Co. Signs Cooperation Agreement
Lately, Takaful International Co. has signed a joint cooperation agreement with Al-Hikma International School According to the agreement, Takaful International Co. provides comprehensive health coverage...
New Expatriate Health Insurance Group Plan
International expatriate insurance specialist William Russell and Dubai Insurance have launched a bespoke international health insurance service for Gulf-based companies with more than 50 expatriate employees...
Social Contribution
In accordance with the vision of Husein Mohamed Salem Al Meeza, Vice Chairman towards the social responsibilities of all the financial institutions; Al Salam Bank-Bahrain has donated a total of $2.016m...
Safe & Sound Announces Campaign Partners For 11th Annual Breast Cancer Awareness Programme
After more than a decade of Safe & Sound, the message of preventing breast cancer and promoting early detection is stronger than ever. BurJuman's Safe and Sound 2008-2009 campaign will see increased community...
t’azur Focuses on Innovation
t’azur, the new name in Takaful, focused on product innovation within the Islamic Insurance industry at the World Takaful Conference, which ran from the 14th – 15th April 2009. Headquartered in the...
Best Re’s Modern Tuning
The best way to get the best information about the insurance and reinsurance industry was to conduct an interview with Riyad Karray. In his profound observations on Best Re, Riyad Karray, General Manager...
Arig Scores Highest Again
In the current environment of global credit freeze and at a time when listed firms in the Gulf have been struggling to attract capital, regional issuers have surprisingly shown an increasing level of transparency,...
The Strategic Takaful Lead
Majed Akel, General Manager of General Takaful Co. spoke about the reasons why most financial institutions and banks are opening Takaful subsidiaries. Akel also spoke the future of his company’s business...
Going Beyond The Era Of Crisis
Khaled K. Abu Nahel, Chief Operating Officer–Non Life operations was one of the prominent speakers at "The 4th Damascus insurance Forum". He spoke in technical details about the state of the insurance...
Al-Sulaim Ends 33-Year Career
Capping a 33-year career with Saudi Aramco, executives joined recently to bid farewell to outgoing executive director of Industrial Services Amer A. Al-Sulaim. The Industrial Services organization is...
Kazakh National Oil Company KazMunaiGas Announces Major Presence At ‘Caspian Energy Hub’
KazMunaiGas (KMG), the national oil company of Kazakhstan today announced its intention to establish a major presence at Caspian Energy Hub (CEH), the fourth in a series of energy cities conceived by leading...
Qatargas Unveils Exhibition
Qatargas unveiled today an interactive exhibition which is open to the public and will explain the process by which liquefied natural gas (LNG) is created. Located on the Corniche, the exhibition will...
Lost City Found
The shifting sands of the Arabian Peninsula hide more than their fair share of secrets. Once, flourishing lakes teeming with life lie buried beneath scorching dunes. Even entire cities have been swallowed...
Riyadh Refinery Tests New Technology
Saudi Aramco industrial facilities often take a beating. Fouling and scaling reduce heat transfer in exchanger tubes and cause corrosion in pipes. That can lead to a loss of production as unplanned shutdowns...
Lebanon’s Properties Still a Solid Investment
Lebanon is still sound place for investments despite the gloomy economic outlook around the world as a result of the global economic recession. This is one of the views echoed by a leading Arab investor...
UAE Minister Of Foreign Trade Heads Discussions On Investment Opportunities In The UAE And Russia
UAE Minister of Foreign Trade H.E. Sheikha Lubna Bint Khalid Al Qasimi headed a meeting on investment opportunities available in Russia and the UAE participated in by her accompanying trade and economic...
Solidere International Participates In Down Town Jeddah Reconstruction
The Jeddah Municipality has signed a memorandum to enhance the city’s central district with an alliance of international and development companies. The project will encompass an area of 6 million m2,...
Jumeirah To Manage Luxury Hotel In Business District Of Guangzhou, China
The Jumeirah Guangzhou Hotel, Jumeirah Group’s second hotel to be signed in China, was announced at a ceremony held in Guangzhou and attended by Mr Su Meng, President of the GT Land and Mr Gerald Lawless,...
Will UAE’s Residential Service Fees Double?
Homeowners in Dubai have seen service charges for communal areas almost double in 2008. Developers have blamed this on the inflationary pressures being felt in the markets as the cost of raw materials...
ICDL KSA supports Kingdom’s Efforts to Promote Digital Literacy in Education Sector
ICDL Saudi Arabia, the governing body and certification authority of the International Computer Driving License (ICDL) programme in the Kingdom of Saudi Arabia (KSA), has announced that it is complementing...
Etisalat to Invest $1B in India
The Emirates telecommunication Corporation, Etisalat, announced its plan to invest up to $1B in India in 2009. It is worth noting that the company approved a35% dividend in the second half of 2008, raising...
Gulf IT Market To Cross AED 44 Billion By 2011
The Gulf information technology (IT) market is expected to cross AED 44 billion by 2011, representing a growth of almost 12 per cent, according to the latest IDC reports. In line with its aims to leverage...
Microsoft Gulf And Qatar Ministry Of Economy Collaborate On Raid Against Local Computer Reseller
PC loaded with pirated Microsoft® Windows® XP software seized; highlights zero-tolerance government anti-piracy policy Microsoft Gulf, in collaboration with the Qatar Ministry of Economy,
Kingdom Of Saudi Arabia Strengthens Copyright Anti Piracy Efforts In The Region
The Ministry of Culture and Information (MoCI) in the Kingdom of Saudi Arabia (KSA) has started the implementation of a number of major anti-piracy measures in a move intended to establish the Kingdom...
Dubai International’s Terminal 2 Undergoes Major Refurbishment
Terminal 2 at Dubai International has undergone a major refurbishment, extending check-in and boarding facilities, revitalising the interior and exterior décor, plus offering more dining choices, to give...
Dubai Airports Successfully Concludes Operational Testing Of Terminal 3
The successful exercise paves the way for the phased transition of operations to the new terminal, beginning 14th October. The phased opening of the terminal, which is dedicated to Emirates, will be implemented...
Dubai Airports To Start First Phase Of Operations at T3 From Oct 14
Dubai Airports has announced that a phased transition of operations to Dubai International’s new Terminal 3 will start from October 14, 2008. The ‘soft’ opening will be implemented in four phases,...
Etihad, Sri Lankan Expand Agreement
Etihad Airways is to provide customers with access to the the Maldives following an extension of its existing codeshare agreement with Sri Lankan Airlines.
Etihad Passenger Numbers Up 35%
Etihad Airways has reported a 35% rise in passenger numbers in the first nine months of this year compared to the same period last year. The Abu Dhabi-based airline carried 4.4 million passengers across...
ICDL KSA supports Kingdom’s Efforts to Promote Digital Literacy in Education Sector
ICDL Saudi Arabia, the governing body and certification authority of the International Computer Driving License (ICDL) programme in the Kingdom of Saudi Arabia (KSA), has announced that it is complementing...
SAS Launches Unique Solutions To Boost Development Of Education Sector In The UAE
SAS, the leading provider of business intelligence and analytic software and services, has announced the launch of ‘SAS Curriculum Pathways’ and ‘SAS Enterprise Intelligence Suite for Education’...
Doha Bank Announces GCC Bizquiz 2008-2009 Series
Doha Bank announced conducting corporate quiz across the GCC states. This new initiative has made Doha Bank, the first Middle East financial institution to increase the interest of the region’s professionals...
Social Contribution
In accordance with the vision of Husein Mohamed Salem Al Meeza, Vice Chairman towards the social responsibilities of all the financial institutions; Al Salam Bank-Bahrain has donated a total of $2.016m...
Innovation Centre Heralds Bold New Era For Middle East Telecommunications Research
Etisalat, BT and Khalifa University of Science, Technology and Research (KUSTAR) announced the signing of a landmark contract to create the Middle East's first international centre for telecommunications...





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