Date archive forApril, 2014
National Bank of Abu Dhabi ''NBAD''
By Staff writer On Wednesday, April 30th, 2014
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NBAD Earns AED 1.4 Billion Net Profit in Q1

• Net Profits were AED 1.4 Billion, up 31% sequentially (q-o-q) and flat year-over-year (y-o-y) • Revenues were AED 2.5 Billion, up 8% q-o-q and flat y-o-y • Total Assets grew to AED 361 Billion, up 11% More...

Dr. Mohammed bin Saleh Al-Sada, Minister of Energy and Industry Dr. Mohammed bin Saleh Al-Sada
By Staff writer On Wednesday, April 30th, 2014
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Energy and Industry Minister Meets Swazi Counterpart

Dr. Mohammed bin Saleh Al-Sada, Minister of Energy and Industry Dr. Mohammed bin Saleh Al-Sada HE Minister of Energy and Industry Dr. Mohammed bin Saleh Al-Sada met here today with the Minister of Natural Resources More...

Sheikh Ahmed bin Jassim bin Mohammed Al Thani
By Staff writer On Wednesday, April 30th, 2014
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Logistics Sector ” Important” for Boosting State’s Economy – Minister

Sheikh Ahmed bin Jassim bin Mohammed Al Thani, Minister of Economy and Trade HE Minister of Economy and Trade Sheikh Ahmed bin Jassim bin Mohammed Al Thani, Commerce said that the logistics sector is of great importance More...

Qatar General Electricity and Water Corporation ''KAHRAMAA''
By Staff writer On Wednesday, April 30th, 2014
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KAHRAMAA Launches Long-term Strategy

Qatar General Electricity and Water Corporation ”KAHRAMAA”  Qatar General Electricity and Water Corporation (KAHRAMAA), under the patronage of HE Prime Minister and Interior Minister Sheikh Abdullah More...

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By Staff writer On Wednesday, April 30th, 2014
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Transport Minister Receives Invitation from German Counterpart

HE Minister of Transport Jassim bin Ahmed bin Saif Al Sulaiti  has received an invitation from German Federal Minister of Transport and Digital Infrastructure, to attend the International Forum of Transportation, More...

Qatar fuel ''WOQOD''
By Staff writer On Wednesday, April 30th, 2014
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WOQOD Achieves A Net Profit Amounting to QR. 229.3 million

Qatar fuel ”WOQOD” WOQOD’s Chief Executive Officer (CEO), Eng. Ibrahim Jaham Al-Kuwari has announced th financial results which achieved a net profit (after excluding minority interest) amounting More...

Qatar Navigation Company ''MILAHA''
By Staff writer On Wednesday, April 30th, 2014
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Milaha Posts Net Profit in 2014 1st Quarter

Qatar Navigation Company ”MILAHA” Qatar Navigation Company (Milaha) has posted a net profit of QR 349.4 million in the first quarter of the year 2014 compared to QR 344.6 million for the corresponding More...

Qatar Exchange
By Staff writer On Wednesday, April 30th, 2014
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Qatar Stock Exchange Down 0.55%

The Qatar Exchange ended in the red area when trading closed Tuesday at 12,626.95 points (0.55%) down 69.29 points from the previous closing of 12,696.24 points on Monday. The volume of shares was fell to 18,771,752 More...

''Karwa'' taxis assembled at  ''Mowasalat'' compound
By Staff writer On Wednesday, April 30th, 2014
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Transport Minister Launches Mowasalat-assembled Karwa Vehicle

”Karwa” taxis assembled at ”Mowasalat” compound HE Minister of Transport Jassim bin Saif Al Sulaiti has launched a Karwa vehicle assembled at Mowasalat Company (Karwa), ushering its coming More...

Ali Hassan Khalil, Finance Minister
By Staff writer On Wednesday, April 30th, 2014
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Lebanon’s debts exceed USD 64 bln – Min. Khalil

Ali Hassan Khalil, Finance Minister  said Tuesday Lebanon’s debts in 2013 exceeded USD 64 billion, 59.4 percent of which in local currency. At a news conference in Beirut, Khalil said revenues rose by only More...

Palestine
By Staff writer On Wednesday, April 30th, 2014
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Palestinian Products Exhibition kicks off in Mishref

Palestine The First Palestinian Products Exhibition in Kuwait kicked off on Tuesday at the International Fair Ground in Mishref Tuesday. “The event is a chance to boost bilateral trade exchange and to introduce More...

Dr Sheikha Hussa Saad Al Abdullah Al Sabah
By Staff writer On Wednesday, April 30th, 2014
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Afro-Arab pooling of resources crucial to sustainable growth

Dr Sheikha Hussa Saad Al Abdullah Al Sabah Member states of the Afro-Arab Union can easily prosper economically if they pool their natural and human resources together, said Dr Sheikha Hussa Saad Al-Abdullah Al-Sabah, More...

The Kuwait Stock Exchange
By Staff writer On Wednesday, April 30th, 2014
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Kuwait stocks close down

The Kuwait Stock Exchange The Kuwait Stock Exchange (KSE) closed down on Tuesday with the price, weighted and KSX 15 indexes edging down by 12.2 points, 4.08 points and 13.1 points respectively. As many as 151.8 More...

International Monetary Fund ''IMF''
By Staff writer On Wednesday, April 30th, 2014
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IMF top official to visit Kuwait April 30 for high level conf.

International Monetary Fund ”IMF” Deputy Managing Director of the International Monetary Fund (IMF) Min Zhu will be visiting Kuwait on April 30 to participate in the high level conference on “Economic More...

Nabil bin Mohammed Al Saleh, Saudi Ambassador
By Staff writer On Wednesday, April 30th, 2014
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Saudi Ambassador to Australia Meets Businessmen

Nabil bin Mohammed Al Saleh, Saudi Ambassador Saudi Ambassador to Australia and New Zealand Nabil bin Mohammed Al Saleh met in Sydney today a number of business leaders and presidents of companies of Australian More...

Saudi-American Trade and Investment Council
By Staff writer On Wednesday, April 30th, 2014
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Saudi-American Trade and Investment Council Kicks off Meetings

Saudi-American Trade and Investment Council  Saudi-American Trade and Investment Council started here yesterday the meetings of the 4th session of its Joint Committee formed under the terms of the Framework Convention More...

Dr Mohammed bin Saleh Al-Sada , Minister of Energy & Industry
By Staff writer On Tuesday, April 29th, 2014
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HE Dr Al-Sada Meets Japan’s State Minister of Economy, Trade and Industry

Dr Mohammed bin Saleh Al-Sada , Minister of Energy & Industry HE the Minister of Energy & Industry Dr Mohammed bin Saleh Al-Sada met today with HE Kazuyoshi Akaba, State Minister of Economy, Trade & More...

Qatar and Swaziland flag
By Staff writer On Tuesday, April 29th, 2014
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Swaziland King Meets Qatari Businessmen

Qatar and Swaziland flag Swaziland’s King Mswati III met Monday with a group of Qatari businessmen and private sector representatives from Qatar Chamber of Commerce and Industry (QCCI) and Qatari Businessmen More...

electronic money transfer
By Staff writer On Tuesday, April 29th, 2014
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Arab Workshop on Electronic Money Transfer

electronic money transfer Arab post departments are discussing in Doha the launch of electronic money transfer program as part of the Arab region’s development plan for 2013-2016. A workshop organized by Qatar’s More...

E Sheikh Abdullah Bin Saoud Al Thani, the Governor of Qatar Central Bank (QCB)
By Staff writer On Tuesday, April 29th, 2014
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QCB Governor : QFMA Issues 5 New Legislations

E Sheikh Abdullah Bin Saoud Al Thani, the Governor of Qatar Central Bank (QCB) HE Sheikh Abdullah Bin Saoud Al Thani, the Governor of Qatar Central Bank (QCB),who is also Chairman of the Board of Directors of the More...

Qatar Airways' A380 fleet
By Staff writer On Tuesday, April 29th, 2014
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Qatar Airways to Welcome the First Three of 13 A380 Aircraft on June 17

Qatar Airways’ A380 fleet Qatar Airways’ highly anticipated arrival of its A380 fleet moved one step closer today, with the annoucement that from 17th June the aircraft will commence operations on the popular More...

Water Projects Implemented In Madinah Region
By Staff writer On Tuesday, April 29th, 2014
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Water Directorate Works on Implementing SR 4,4 billion Projects in Madinah

Water Projects Implemented In Madinah Region  The sector of water and sanitation forms one of the most vital services being attached with a great attention by the Government of the Custodian of the Two Holy Mosques More...

The Ministry of Development Planning and Statistics, qatar
By Staff writer On Tuesday, April 29th, 2014
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Qatar’s trade balance in USD 10 bln surplus in March ’14

The Ministry of Development Planning and Statistics, qatar Qatari balance of trade recorded a surplus of 36.1 billion Qatari Riyals (around USD 10 billion) in March 2014, compared with QAR 500 million (USD 137 million) More...

Abdullah Ensour Jordan's Prime Minister
By Staff writer On Tuesday, April 29th, 2014
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Jordan PM praises Kuwait’s economic support

Abdullah Ensour Jordan’s Prime Minister Jordanian Prime Minister Abdullah Ensour praised Kuwait’s economic support for his country to face the current political challenges affecting Jordan’s economy. Jordan More...

Kuwait Stock Exchange
By Staff writer On Tuesday, April 29th, 2014
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KSE closes on mixed board

Kuwaiti stocks showed a mixed performance upon closing on Thursday, as the price index fell by 4.63 points while the weighted and KSX 15 indexes went up by 2.34 points and 6.79 points respectively. As many as 170.8 More...

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By Staff writer On Tuesday, April 29th, 2014
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10th conf. of business families club kicks off

The 10th annual conference of the business families club in the Middle East began here on Monday. The conference aims to shed light on the sustainability of family enterprises in the region, where the conference’s More...

Dubai International Airport
By Staff writer On Tuesday, April 29th, 2014
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More than 6.2 million passengers pass through Dubai International in March 2014

Dubai International Airport More than 6 million passengers passed through Dubai International in March 2014, driven by the expanding networks of Emirates airline and flydubai, according to the latest traffic statistics More...

20120123_adq-logo
By Staff writer On Tuesday, April 29th, 2014
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Abu Dhabi Quality and Conformity Council, Underwriters Laboratories US sign MoU

The Abu Dhabi Quality and Conformity Council (QCC) and Underwriters Laboratories US, have signed a Memorandum of Understanding (MoU) on cooperation in the areas of measurement, conformity evaluation, testing, management More...

Khaled Salmeen CEO of ''Kizad''
By Staff writer On Tuesday, April 29th, 2014
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Kizad announces 4-star excellence rating at Abu Dhabi Quality Forum

Khaled Salmeen CEO of ”Kizad” Kizad officials announced yesterday at the Abu Dhabi Quality Forum that the Khalifa Industrial Zone Abu Dhabi (Kizad) has been awarded the 4-star excellence rating by the More...

Emirates Steel
By Staff writer On Tuesday, April 29th, 2014
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Emirates Steel moves into sheet pile production

Emirates Steel Abu Dhabi-based Emirates Steel has expanded its product range to include sheet pile materials, high value-added products that the U.A.E.’s only integrated steelmaker has been developing over More...

Dr. Abdullah Saleh Mubarak Al-Khulaifi the Minister of Labor and Social Affairs
By Staff writer On Tuesday, April 29th, 2014
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HE Dr. Abdullah Saleh Mubarak Al-Khulaifi the Labor Minister Meets IOE Secretary General

Dr. Abdullah Saleh Mubarak Al-Khulaifi the Minister of Labor and Social Affairs HE the Minister of Labor and Social Affairs Dr. Abdullah Saleh Mubarak Al-Khulaifi met here on Sunday with the International Organisation More...

Aramex on the move
By Staff writer On Monday, April 28th, 2014
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Aramex Announces record profit growth in the First Quarter of 2014

 Aramex (DFM: ARMX), the leading global logistics and transportation solutions provider, today announced its financial results for the first quarter of 2014, recording a robust start to the year. Aramex’s Net More...

Dr. Abdullah Saleh Mubarak Al-Khulaifi the Minister of Labor and Social Affairs
By Staff writer On Monday, April 28th, 2014
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HE Qatar’s Labor Minister Meets IOE Secretary General

Dr. Abdullah Saleh Mubarak Al-Khulaifi the Minister of Labor and Social Affairs HE the Minister of Labor and Social Affairs Dr. Abdullah Saleh Mubarak Al-Khulaifi met here on Sunday with the International Organisation More...

Qatar Investment Authority(QIA)
By Staff writer On Monday, April 28th, 2014
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Qatar Investment Authority Discusses Economic Relations with US officials

Qatar Investment Authority(QIA) Qatar Investment Authority(QIA)’s CEO Ahmad bin Mohamed Al-Sayed, now visiting Washington, held a series of formal meetings with senior US officials. HE al-sayed met with secretary More...

10-28-13-9
By Staff writer On Monday, April 28th, 2014
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Ezdan Holding Q1 Net Profit Up to QR 460.7 Million

 Ezdan Holding Group has announced a net profit of QR 460.7 Million for the first quarter ending March 31, for the financial year 2014. This represents 82.31% increase compared with QR 252.7 Million announced for More...

Qatar Development Bank (QDB)
By Staff writer On Monday, April 28th, 2014
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QDB Identifies Areas to Boost Indirect Lending for SMEs

Qatar Development Bank (QDB) Qatar Development Bank (QDB) identified ways to enhance indirect lending for Small and Medium Enterprises (SMEs) that have a limited credit history or sufficient guarantees to acquire More...

Qatar Gas Transport Company
By Staff writer On Monday, April 28th, 2014
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Nakilat Q1 Net Profit Up 17% to QR 207 Million

Qatar Gas Transport Company Qatar Gas Transport Company Limited (Nakilat) has announced a net profit of QR 207 Million for the first quarter ended March 31 for the financial year 2014. This represents an growth More...

U.A.E. ,Switzerland
By Staff writer On Monday, April 28th, 2014
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Small-size enterprises contribute to nat’l economy development

Chairman of the Swiss-Kuwaiti Group for Small-sized enterprises Dr. Mustafa Behbehani said Sunday small-size enterprises could largely contribute to development of private sector to ultimately boost national economy. The More...

Abu Dhabi (SCAD)
By Staff writer On Monday, April 28th, 2014
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SCAD:Building Materials Prices Up by 0.3-18.3 percent YoY

Abu Dhabi (SCAD) Statistics Centre – Abu Dhabi (SCAD) issued today its monthly + quarterly report on the prices of building materials for the month of March and the first quarter of 2014. The report presents More...

United Arab Bank opens three new branches in Dubai
By Staff writer On Monday, April 28th, 2014
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Arab Bank Group Records 5.4% Growth in Net Profits during First Quarter

Arab Bank Group Arab Bank Group reported 5.4% growth in net profits after taxes and provisions for the first quarter of 2014, reaching USD 216.3 million compared to USD 205.1 million for the same period last year. Customer More...

Al Hilal Bank
By Staff writer On Monday, April 28th, 2014
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Al Hilal Bank launches Global Balanced Fund for investors seeking investment opportunities in global equities ‘&’ sukuk

Al Hilal Bank Al Hilal Bank, a progressive Abu Dhabi-based Islamic bank, has announced the launching of its new Global Balanced Fund designed for investors interested in participating in the growth and income potential More...

Shurooq signs MoU with Ex-Im Bank of the U.S Agreement
By Staff writer On Monday, April 28th, 2014
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Shurooq signs MoU with Ex-Im Bank of the U.S Agreement aims to facilitate U.S. investment activities in Sharjah

Shurooq signs MoU with Ex-Im Bank of the U.S Agreement The Sharjah Investment and Development Authority (Shurooq) has signed a Memorandum of Understanding (MoU) with the Export-Import Bank of the U.S. (Ex-Im Bank) More...

Al Gharbiya
By Staff writer On Monday, April 28th, 2014
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Al Gharbia Development Forum To Announce Massive Development Projects

The Western Region Development Council (WRDC) has said that it will award a number of new development projects at the second annual Al Gharbia Development Forum (AGDF), which will be held on May 20th, 2014 at the More...

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By Staff writer On Sunday, April 27th, 2014
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Int’l conf. calls for supporting businesswomen

Participants in an international conference on women enterpreneurs’ role in investment approved the “Tetouan Declaration,” which called for supporting women contractors and businesswomen. The declaration More...

State of Qatar
By Staff writer On Sunday, April 27th, 2014
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Qatar Trade Policy Review Achieves Remarkable Success

Qatar flag The State of Qatar has achieved great success in the World Trade Organization Review with regard to its economic and trade policies. It answered over 200 questions aimed at assessing the extent of its More...

Qatar National Bank
By Staff writer On Sunday, April 27th, 2014
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QNB to Hold Open Day for SMEs

Qatar National Bank Qatar National Bank will hold an Open Day for Small and Medium Enterprises (SMEs) here on April 28, the bank said Saturday. The Open Day is to support SMEs with innovative products and to address More...

Doha International Airport
By Staff writer On Sunday, April 27th, 2014
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Doha International Airport Reports Continued year-on-year Growth

Doha International Airport Doha International Airport (DIA) today announced it has continued to increase its monthly passenger numbers, with 13.85% more people travelling through its doors in March 2014 versus March More...

Gulf Investment Corporation
By Staff writer On Sunday, April 27th, 2014
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Tunisian-Gulf investment forum opens on May 5

The Tunisian capital is poised to play host to a new round of the Tunisia-Gulf Investment Forum between May 5-6. The gathering will attract businessmen, investors and senior officials from Tunisia and the six Gulf More...

Ahli United Bank, Kuwait
By Staff writer On Sunday, April 27th, 2014
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Ahli United Bank posts KD12.1mln in net profits for Q1 of 2014

Ahli United Bank, Kuwait Ahli United Bank (AUB) of Kuwait posted Saturday KD12.1 million in net profits for the first quarter of 2014, up 10.9 percent year-on-year. In a press statement, the AUB noted that each More...

Sheikha Fariha Al-Ahmad Al-Jaber Al-Sabah
By Staff writer On Sunday, April 27th, 2014
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Sheikha Fariha touts women’s economic management skills

Sheikha Fariha Al-Ahmad Al-Jaber Al-Sabah President of the Kuwaiti Society for the Ideal Family Sheikha Fariha Al-Ahmad Al-Jaber Al-Sabah said here on Saturday women have great capabilities for successfully managing More...

Sheikha Fariha Al-Ahmad Al-Jaber Al-Sabah
By Staff writer On Sunday, April 27th, 2014
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Sheikha Fariha to convey Kuwait’s experience to Tetouan conf. on women empowerment

Sheikha Fariha Al-Ahmad Al-Jaber Al-Sabah  President of the Kuwaiti Society for the Ideal Family Sheikha Fariha Al-Ahmad Al-Jaber Al-Sabah said here on Saturday that she would speak about Kuwait’s experience More...

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By Staff writer On Sunday, April 27th, 2014
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International Figures Commend Qatar’s Commitment to WTO’s Regulations

A number of ambassadors and officials praised Saturday the State of Qatar’s commitment to the World Trade Organization’s (WTO) regulations as well as its cooperation to enhance free trade and cross border More...

World Trade Organizations
By Staff writer On Sunday, April 27th, 2014
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atar’s Trade Review at WTO Concluded Successfully

World Trade Organizations The works of the World Trade Organization’s second trade policy review was concluded successfully recently in Geneva with more than 160 countries participating. The participating More...

Al Hilal Bank
By Staff writer On Sunday, April 27th, 2014
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Al Hilal Bank launches Global Balanced Fund for investors seeking investment opportunities in global equities ‘&’ sukuk

Al Hilal Bank Al Hilal Bank, a progressive Abu Dhabi-based Islamic bank, has announced the launching of its new Global Balanced Fund designed for investors interested in participating in the growth and income potential More...

The Central Bank of Kuwait
By Staff writer On Saturday, April 26th, 2014
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Kuwait’s trade balance surplus exceeds KD 25 bln in 2013

The Central Bank of Kuwait The Central Bank of Kuwait said on Thursday that the country’s trade balance surplus reached KD 25.442 billion in 2013 compared to KD 26.762 billion a year prior. According to initial More...

His Highness Sheikh Mohammed bin Rashid Al Maktoum
By Staff writer On Saturday, April 26th, 2014
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Mohammed bin Rashid, Chilean President hold talks

His Highness Sheikh Mohammed bin Rashid Al Maktoum Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has held talks here with Michelle Bachelet, President More...

The Health Authority - Abu Dhabi
By Staff writer On Saturday, April 26th, 2014
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Health Authority – Abu Dhabi announces 8 more cases of MERS Coronavirus tested negative

The Health Authority – Abu Dhabi The Health Authority – Abu Dhabi (HAAD) announced that 8 more cases in isolation in hospital with MERS Coronavirus (MERS-CoV), have tested negative for the virus, and More...

Sheikh Mohammed bin Rashid Al Maktoum in argentina
By Staff writer On Saturday, April 26th, 2014
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Mohammed bin Rashid lays wreath at General Jose de San Martin Memorial

Sheikh Mohammed bin Rashid Al Maktoum in argentina Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum on Thursday laid a wreath at the General Jose de San Martin More...

HH the Emir Sheikh Tamim bin Hamad Al Thani
By Staff writer On Saturday, April 26th, 2014
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The Emir Sheikh Tamim bin Hamad Al Thani Receives Call from U.S. Vice President

HH the Emir Sheikh Tamim bin Hamad Al Thani HH the Emir Sheikh Tamim bin Hamad Al Thani on Friday received a phone call from U.S. Vice President Joe Biden. The two sides reviewed bilateral relations between the More...

HH Sheikha Moza bint Nasser
By Staff writer On Saturday, April 26th, 2014
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HH Sheikha Moza Visits Osaka University Hospital

HH Sheikha Moza bint Nasser HH Sheikha Moza bint Nasser, Chairperson of Qatar Foundation for Education, Science and Community Development (QF), on Friday visited Osaka University Hospital in Japan and held a meeting More...

Kyrgyz and qatar flags
By Staff writer On Saturday, April 26th, 2014
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Kyrgyz Deputy Premier Meets Qatari Ambassador

Kyrgyz and qatar flags Kyrgyzstan’s First Deputy Prime Minister Tayyrbek SARPASHEV met here today with Qatar’s Ambassador to the Kyrgyz Republic HE Mohammed bin Arar Al Nuaimi. Discussions during the More...

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By Staff writer On Saturday, April 26th, 2014
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Kuwait on way to join Paris, Berne intellectual property conventions soon

Kuwait is taking big steps forwards towards signing the international intellectual property rights conventions soon, said the Ministry of Commerce and Industry’s Assistant Undersecretary for External Trade More...

Dubai Holding Commercial Operations Group
By Staff writer On Saturday, April 26th, 2014
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DHCOG to prepay USD 555 million facility ahead of maturity

Dubai Holding Commercial Operations Group Dubai Holding Commercial Operations Group (DHCOG) today confirms that on 13 May 2014, it will voluntarily prepay the entire outstanding principal (USD319.3 million) along More...

Dubai Customs
By Staff writer On Saturday, April 26th, 2014
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Dubai takes on a vibrant role in linking Asian markets with Western economy

Dubai Customs Dubai Customs hosted an expanded meeting with a delegation of South Korean companies based in Dubai. The meeting was part of “Irtibaat” initiative; launched by DC to boost communication More...

The Central Bank of Kuwait
By Staff writer On Friday, April 25th, 2014
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Kuwait’s trade balance surplus exceeds KD 25 bln in 2013

The Central Bank of Kuwait said on Thursday that the country’s trade balance surplus reached KD 25.442 billion in 2013 compared to KD 26.762 billion a year prior. According to initial estimates, the balance More...

Mannai Corp
By Staff writer On Friday, April 25th, 2014
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Mannai Corp Q1 Net Profit up 73% to QR 150.1 Million

Mannai Corp  Qatar Exchange listed Mannai Corporation (QE: MCCS) net profit is up 73% to QR 150.1 Million for the first quarter of fiscal year 2014 ending March 31 compared with QR 86.7 Million for FY 2013, the More...

Minister of Economy and Planning, Dr. Mohammed bin Suleiman Al-Jasser
By Staff writer On Friday, April 25th, 2014
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KSA Foreign Minister: KSA Witnesses Significant Shifts and Contributes to Global Knowledge-Based Economy

Minister of Economy and Planning, Dr. Mohammed bin Suleiman Al-Jasser On behalf of Prince Saud Al-Faisal, Minister of Foreign Affairs, the Minister of Economy and Planning, Dr. Mohammed bin Suleiman Al-Jasser opened More...

Stephen D. King, Group Chief Economist for HSBC
By Staff writer On Friday, April 25th, 2014
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Capital Club Hosts Eminent Economist Stephen D. King

Stephen D. King, Group Chief Economist for HSBC The Capital Club, Dubai’s premier business club and member of the ENSHAA group of companies, will be hosting a luncheon with Stephen D. King, Group Chief Economist More...

Etihad and South African Airways
By Staff writer On Friday, April 25th, 2014
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Earn double Etihad miles with South African Airways

Etihad and South African Airways Members of Etihad Airways’ Etihad Guest and South African Airways’ (SAA) Voyager loyalty programmes can earn double miles when they fly with the partner airline before More...

uae-56453
By Staff writer On Friday, April 25th, 2014
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ADX organises Manazel Real Estate AGM

Abu Dhabi Securities Exchange, ADX, has recently organised the Annual General Assembly of the Manazel Real Estate Company. Manazel signed a Registrar Agreement with ADX in 2013, by which ADX provides an electronic More...

Emirates NBD
By Staff writer On Friday, April 25th, 2014
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Emirates NBD announces Q1, 2014 results

Emirates NBD Emirates NBD today announced its results for the quarter ended 31st March 2014 earning a net profit of AED 1.0 billion, up 25% from Q1 2013 and up 55% from Q4 2013. Total income amounted to AED 3,333 More...

DEWA
By Staff writer On Friday, April 25th, 2014
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DEWA’s MD and CEO receives US Assistant Secretary of State for Economic and Business Affairs

Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority, DEWA Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority, DEWA, has said that the Authority has launched a number More...

Ras Al-Khaimah Tourism Development Authority
By Staff writer On Friday, April 25th, 2014
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Ras Al-Khaimah Tourism Development Authority takes part in Arabian Travel Market

Ras Al-Khaimah Tourism Development Authority Ras Al-Khaimah Tourism Development Authority (RAK TDA) will be participating in the upcoming Arabian Travel Market (ATM) event in May, showcasing new projects being developed More...

The Kuwait Stock Exchange
By Staff writer On Friday, April 25th, 2014
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Qatar Stock Exchange Down 0.05%

Qatar stock exchange The Qatar Exchange ended in the red area when trading closed Thursday at 12,954.93 points (0.05%) down 6.63 points from the previous closing of 12,961.56 points on Wednesday. The volume of shares More...

Sheikh Ahmed bin Jassim Al Thani
By Staff writer On Friday, April 25th, 2014
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Qatari Minister of Economy Meets WTO, UNCTAD Chiefs

HE Minister of Economy and Trade Sheikh Ahmed bin Jassim Al Thani has held bilateral talks in Geneva with the Director General of the World Trade Organization Roberto Azevedo and the Secretary-General of the United More...

Dr Hessa Al-Jaber, Minister of Information and Communications Technology.
By Staff writer On Friday, April 25th, 2014
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Qatar Maintains Leading Position in International Networked Readiness Index

Dr Hessa Al-Jaber, Minister of Information and Communications Technology. Qatar continues its advance toward being one of the most networked-ready nations in the world, according to the newly released Global Information More...

edaya Center for Entrepreneurship
By Staff writer On Thursday, April 24th, 2014
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Bedaya organizes two-day course on “How to Market Yourself with Social Media”

The Bedaya Center for Entrepreneurship and SME Development, in cooperation with social media expert and trainer, Ammar Mohammed, organized a two-day course last week on how to market yourself on social media websites. More...

Mobily telecom
By Staff writer On Thursday, April 24th, 2014
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Mobily Signs an Exclusive Agreement with VASCO

Mobily telecom Mobily announced today that it has been named a finalist in TM Forum’s Excellence Awards 2014 in the Operational Excellence category. Now in its eighth year, TM Forum’s Excellence Awards honor More...

AI Deira Islands
By Staff writer On Thursday, April 24th, 2014
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Nakheel awards contracts worth over AED47 million for Deira Islands

AI Deira Islands Dubai developer Nakheel has awarded contracts worth over AED47 million for design and supervision services on Deira Islands including the Night  Market and Board Walk on the project. Nakheel appointed More...

Emaar Properties
By Staff writer On Thursday, April 24th, 2014
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Emaar Properties records Q1 2014 net profit of AED 863 million (US$ 235 million)

Emaar Properties  Emaar Properties PJSC recorded a net profit of AED 863 million (US$ 235 million) during the first quarter (January to March) of 2014. This is 55 per cent higher than the first quarter 2013 net More...

Mr. Mansour Al-Maiman, NCB’s Chairman
By Staff writer On Thursday, April 24th, 2014
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NCB’S NET INCOME REACHED SR 2,535 MILLION FOR FIRST QUARTER OF 2014, AN INCREASE OF 8.7% OVER FIRST QUARTER OF LAST YEAR AND 41.2% OVER PREVIOUS QUARTER

Mr. Mansour Al-Maiman, NCB’s Chairman The National Commercial Bank announced that net income for the first quarter 2014 reached SR 2,535 million compared to SR 2,332 million for the same quarter of the previous More...

Mr. Suliman Bin Abdulaziz Azzabin
By Staff writer On Thursday, April 24th, 2014
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With a 10% increase, Al Rajhi Bank Achieves SR 1.7 billion for the first quarter of 2014

Mr. Suliman Bin Abdulaziz Azzabin Mr. Suliman Bin Abdulaziz Azzabin, CEO of Al Rajhi Bank announced the financial results for the first quarter of 2014 which had recorded a net profit of SR 1.7 Billion, a 10% increase More...

Ezdan Holding Group
By Staff writer On Thursday, April 24th, 2014
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Ezdan Holding Group Acquires 20.16 % of Widam Food s Shares

Ezdan Holding Group Ezdan Holding Group has revealed the acquisition of up to 20.16 % shares of Widam Food Co. (Previously Mawashi), in a step to promote the Group’s financial investments and ensure diversification More...

Borouge
By Staff writer On Thursday, April 24th, 2014
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Borouge showcases innovative plastics solutions at Chinaplas 2014

Borouge Borouge, the Abu Dhabi based provider of sustainable, innovative and value-creating plastics solutions, reinforced its position as a reliable and rapidly-growing strategic supplier to the Asia plastics industry More...

Abu Dhabi National Energy Company (TAQA)  platform
By Staff writer On Thursday, April 24th, 2014
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TAQA shareholders elect new Board of Directors

Abu Dhabi National Energy Company (TAQA) platform TAQA, the international energy and water company based in Abu Dhabi, today announced that shareholders elected a new Board of Directors at the company’s Annual More...

Abu Dhabi National Oil Company (ADNOC)
By Staff writer On Thursday, April 24th, 2014
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ADNOC celebrates its HSE Award 2013, reiterates commitment to embed HSE considerations in ADNOC’s policy, code of practices, standards

Abu Dhabi National Oil Company (ADNOC) Abu Dhabi National Oil Company (ADNOC) honored the winners of the 17th edition of ADNOC HSE Award for the year 2013 in a ceremony that took place last night at the St. Regis More...

UAE Flag
By Staff writer On Thursday, April 24th, 2014
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UAE ranked second in government ICT use index

UAE Flag The UAE has become second in the world and the first in the Middle East and Africa region in the “Government Usage of ICT” index in the Global Information Technology Report for 2014, jumping More...

Minister of Housing Dr. Shuwaish bin Saud Al-Dhuwaihi
By Staff writer On Thursday, April 24th, 2014
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Housing Minister inaugurates session of Housing Forum in KSA

Minister of Housing Dr. Shuwaish bin Saud Al-Dhuwaihi Minister of Housing Dr. Shuwaish bin Saud Al-Dhuwaihi opened here today the Housing Forum in the kingdom at its third session. The forum is accompanying the More...

Imad Issa, the board chairman
By Staff writer On Thursday, April 24th, 2014
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“Al-Masalekh” distributes earnings

Imad Issa, the board chairman General Assembly of Kuwait Slaughter House Company approved on Wednesday distributing cash earnings at a rate of 14 percent per share for the fiscal year that expired in December 2013. Imad More...

Kuwait Stock Exchange
By Staff writer On Thursday, April 24th, 2014
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KSE ends Wednesday trading on red board

Kuwait Stock Exchange Kuwait Stock Exchange (KSE) ended Wednesday’s trading in red zone with the price index down by 30.33 points reaching 7,453.61 points. KSE Weighted index dropped by 0.9 points, settling More...

Sheikh Jaber Al Mubarak Al Hamad Al Sabah
By Staff writer On Thursday, April 24th, 2014
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Kuwait Credit Bank celebrates golden jubilee

Sheikh Jaber Al Mubarak Al Hamad Al Sabah In a big ceremony held Wednesday under the patronage of Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, Kuwait Credit Bank celebrated the 50th anniversary of More...

Increasing Curve
By Staff writer On Thursday, April 24th, 2014
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Kuwait’s consumer price rises by 2.96 percent in March

Kuwait’s annual record of the general index of consumer prices (inflation) rose in March by 2.96 percent compared with the same month of last year, the Central Statistical Bureau (CSB) announced Wednesday. More...

Qatar Stock Exchange
By Staff writer On Thursday, April 24th, 2014
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Qatar Stock Exchange Up 0.17%

Qatar Stock Exchange Qatar Exchange pursued its upswing trend on Wednesday adding 21.76 points (0.17%) to advance to 12,961.56 points from 12,939.80 on Tuesday. The volume of the shares traded fell to 35,753,926 More...

Rashid Al Mansoori
By Staff writer On Thursday, April 24th, 2014
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QE Chief Optimistic of Bumper Year for Equity Market

Rashid Al Mansoori Qatar Exchange (QE) Chief Executive Officer Rashid Al Mansoori is optimistic the bourse’ record-breaking bullish run will translate into a bumper year for the equity market here. QE Index set More...

Qatar General Electricity and Water Corporation
By Staff writer On Thursday, April 24th, 2014
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KAHRAMAA Marks “Second Anniversary of “Tarsheed” Initiative

Qatar General Electricity and Water Corporation Qatar General Electricity and Water Corporation KAHRAMAA has celebrated the second anniversary of its National Campaign for the Conservation and Efficient use of Water More...

International Islamic Bank Qatar
By Staff writer On Thursday, April 24th, 2014
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International Islamic announces financial results for the first quarter of 2014

International Islamic Bank Qatar His Excellency Sheikh Dr. Khalid Bin Thani Bin Abdullah Bin Thani Al Thani, Chairman and Managing Director of Qatar International Islamic Bank (“International Islamic” More...

Muntajat
By Staff writer On Thursday, April 24th, 2014
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Muntajat Represents Qatar at ChinaPlas 2014

Muntajat  Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) is taking part for the second time in ChinaPlas 2014 trade exhibition, which kicked off Wednesday in Shanghai. Represented More...

Dr. Mohammed Bin Saleh Al-Sada
By Staff writer On Wednesday, April 23rd, 2014
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HE Al-Sada: “MPHC’s Results in Line with Budgeted Expectations”

Dr. Mohammed Bin Saleh Al-Sada HE Dr. Mohammed Bin Saleh Al-Sada, Minister of Energy and Industry, Chairman of Mesaieed Petrochemical Holding Company (“MPHC” or “the group”; QE : MPHC), stated, More...

Flag-Pins-Qatar-Uruguay
By Staff writer On Wednesday, April 23rd, 2014
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HE Transport Minister Meets Uruguay’s Transportation, Public Works Minister

Flag Pins Qatar and Uruguay HE Minister of Transport Jassim bin Saif bin Ahmed Al-Sulaiti met here Tuesday with Uruguay’s Minister of Transportation and Public Works Enrique Pintado, currently on a visit to More...