As the world’s biggest supplier of fossil fuels, it is in the GCC’s immediate interest to bank on its resources by boosting downstream industries and investing in alternative energy
Khalid R. Al Zayani, Chairman of Al Zayani investments that focuses on industry, banking, and real estate and owns several local dealerships of major car brands such as Rolls Royce, BMW, Land Rover, Mitsubishi and Hyundai. In an exclusive interview with BUSINESS LIFE, Al Zayani spoke about his company’s operations and future prospects. He also spoke about the worldwide food shortage, the possible solutions and the dangers of global warming..... full story...
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The Bahrain World Trade Center (BWTC) made history as its pioneering wind turbines turned together for the first time. The three 29m-diameter turbine blades on Bahrain’s iconic landmark are the world’s first to be integrated into a commercial development, and are forecast to provide the equivalent of 11-15% of the power for the two towers when fully operational. The successful installation of the turbines involved collaboration between Atkins Architects and Engineers and Norwin turbine specialists, who were in Bahrain for the inaugural turning and presentation to media. As well as the twin office towers the BWTC incorporates a high end boutique shopping centre, MODA Mall, along with a five-star Sheraton Hotel. . ...full story..
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Dolphin Energy Limited was created to develop substantial energy projects throughout the GCC and to create long-term economic wealth and new business opportunities for GCC citizens, far into the future. Dolphin Energy’s major strategic initiative, the Dolphin Project, involves the production and processing of natural gas from Qatar’s North Field, and transportation of the dry gas by sub-sea export pipeline from Qatar to the UAE, which began in July 2007. ....full story...
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Speaking at the regular meeting of the company’s General Assembly, which was held on March 31st at the Dubai Chamber of Commerce and Industry, Al Meeza said: ‘We feel proud that AMAN has managed, in its few years of operation, to be a leading player in the local insurance market with very high standards of performance and excellence. Additionally, it achieved strategic alliances on the local, regional and international levels. These significant accomplishments led to impressive financial results with AMAN’s net profits reaching Dhs41.56m ...full story...
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Standard & Poor’s Rating Services has today assigned an (A+) local currency senior unsecured issue rating for the Sukuk I and Sukuk II (SR 3billion and SR 8billion respectively) of Saudi Basic Industries Corporation (SABIC). This rating reflects the diversification in cash flow streams, strong brand recognition, and significant cash holding at SABIC and brings the Sukuk rating in line with the rating assigned to SABIC....full story...
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ActiveMania Launches New Aimobi 403
ActiveMania, the provider of smart technologies for the Real estate Market, expects the ‘smart home, building and office’ market in the GCC to exceed USD 3.25 billion by 2010, based on the increasing demand for highly advanced home automation technologies from local and regional developers. It aims to maximise the growing popularity of ‘smart homes’ in the country, ActiveMania and it participated at The Install exhibition - one of three vertically integrated shows under PALME Middle East 2008, which opened recently at the Pavilion Hall of the Dubai International Exhibition Centre (DIEC). . .full story...
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Arab Advisors Convergence Conference 2008 , Four Seasons Hotel ,2 - 3 June, 2008
3rd Annual Summit of the Arab Asian Financial Forum (AAFF), 5 - 6 June, 2008, Jakarta -Indonesia
Banking Technology Forum 2008,2 - 3 June, 2008, TBC
SMB Roadshow 2008 , 3 June, 2008,
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