Recently added articles from Middle East and North Africa Business Report:
Arab Bank Group selected among MENA's most competent large loans managers.
Oct 02, 2007 ... Oct. 2--The Project Finance International magazine has picked Arab Bank Group among the top regional and local banks for its competence in leading and managing large loans in the Middle East and North Africa (MENA) region. Arab Bank was ranked 6th among international banks, ...
Al Fara'a Properties' Le Grand Ch?teau completely sold out.
Oct 02, 2007 ... Oct. 2--Al Fara'a Properties, the flagship subsidiary of the Al Fara'a Construction Group, has announced that its signature project, the AED 225 million Le Grand Chateau, has been completely sold out. Al Fara'a is on track towards its timely completion and subsequent delivery in the fourth ...
Global Investment House: Kuwait Stock Exchange performance.
Oct 02, 2007 ... Oct. 2--Global Investment House- Kuwait- Kuwait Stock Exchange Performance -- September 2007 -- During the month of September' 2007, Kuwait market continued its northward movement. "Global" General Index reported a monthly increase of 0.77% as it ended the month of September-07 at 393.98 ...
Cayan forges stronger links with Amlak Finance.
Oct 02, 2007 ... Oct. 2--Leading property developer Cayan Investment & Development has forged stronger links with Amlak Finance, the largest publicly listed Islamic finance company and pioneer of home finance in the UAE, to provide competitive financing offerings for its customers. Amlak Finance ...
Making a splash at Cityscape.
Oct 01, 2007 ... Oct. 1--The creators of the world's largest swimming pool -- equivalent in size to 6,000 standard residential pools -- are in advance negotiations with Middle East companies on bringing their technology to the region. Details of the revolutionary artificial lagoon technology are ...
Saudi Arabia: Masraf Al Rayan and investors obtain license to operate Consumer Finance Company.
Oct 01, 2007 ... Oct. 1--Masraf Al Rayan will take a major stake in new Saudi consumer finance company, established by a consortium of businessmen, led by Sheikh Abdulla Al Romaizan. Other major investors include Al Abdullatif Investment Group, Eng. Abdul Mohsen A. Zakary and Sheikh Ali Al Jedaie. ...
Emaar, The Economic City signs SR129 million road work contract for KAEC with Saudi Binladen Group.
Oct 01, 2007 ... Oct. 1--Emaar, The Economic City (Emaar.E.C), the Tadawul-listed company developing King Abdullah Economic City (KAEC), has signed a construction contract worth SR129 million with Saudi Binladen Group for executing road works. The project, to be completed within seven months, covers the ...
Ishida expands ME operations.
Oct 01, 2007 ... Oct. 1--Ishida Europe, which has been dealing with the design, manufacture and installation of complete weighing and packing line solutions, has recently opened new purpose-designed premises in Dubai. In order to provide effective sales and service support throughout the region, ...
Paris named trendiest honeymoon destination.
Oct 01, 2007 ... Oct. 1--A moonlit walk along the Seine, under the lights of the Eiffel Tower, while arm in arm with the man or woman of your dreams embodies romance itself. A cliche it may be, but Paris has still been voted the number one city for honeymoon destinations. A survey conducted by ...
Billion dollar transport and rail infrastructure projects top of the agenda across the Middle East and North Africa.
Oct 01, 2007 ... Oct. 1--Over the last few years, an increasing number of ambitious public transport projects have been developed and launched in the Middle East and North Africa -- in the coming months and years, a combination of metro, rail and bus systems, along with enhanced road networks, all of which ...
ADIH appoints entertainment consultant for Qatar Entertainment City.
Oct 01, 2007 ... Oct. 1--Abu Dhabi Investment House recently announced the appointment of Vertex Productions, the international entertainment consultancy as the official entertainment advisor for Qatar Entertainment City (QEC), the largest real estate project to be launched by Abu Dhabi Investment House ...
epi International launches Oceania Property Syndicate.
Sep 30, 2007 ... Sep. 30--epi International, one of the UAE's leading investment companies, announces the launch of its fifth syndicated investment opportunity after a sustained run of success. The official launch of the Oceania Property Syndicate will take place at the Villa Beach Restaurant, ...
Internet recruitment in KSA comes of age.
Sep 30, 2007 ... Sep. 30--If you thought online recruitment in the Kingdom of Saudi Arabia is yet to come of age, think again. Hiring Solutions has reported that one of its clients, who implemented its intelligent recruitment platform just two months ago, received and effectively managed over 20,000 job ...
Gulf salaries rise by 9.0% - study.
Sep 30, 2007 ... Sep. 30--Private sector salaries in the six countries of the Gulf Cooperation Council increased at an average rate of 9.0% over the last year, according to figures released today by GulfTalent.com, the Middle East's leading online recruitment firm. In its third annual survey of ...
Dubai Maritime City to build Maritime Education University.
Sep 30, 2007 ... Sep. 30--Dubai Maritime City (DMC), the world's first purpose-built maritime centre and a member of the Dubai World Group of companies, has announced that it has commenced negotiations with the International Association of Maritime Universities (IAMU) to construct an academic centre for ...
Zenath Real Estate and Western Auto to jointly develop auto showroom complex in Dubai Investments Park.
Sep 30, 2007 ... Sep. 30--Zenath Real Estate, one of UAE's leading property development companies and a part of the Khalid Abdullah Al Ghurair Group, has recently announced it has commenced construction of an AED 50 million auto showroom complex in Dubai Investments Park in partnership with Western Auto, a ...
Market for Building Management Systems in the Middle East booming.
Sep 29, 2007 ... Sep. 29--The series of construction projects invariably underway in the Middle East backed by high oil revenues, easing property laws and the effort to diversify local economies has stimulated the market for Building Management Systems (BMS) in the region. "Excluding Saudi ...
BRIEF: Rise in level of corruption in three Arab states.
Sep 27, 2007 ... Sep. 27--Transparency International, a global anti-corruption group, has said three Arab nations were among a dozen worldwide where corruption has seen a significant rise in the past year. The Arab nations named the international body were Jordan, Bahrain and Oman. The survey ...
Al Islami Foods sets up European hub to reach $16 billion halal food market.
Sep 26, 2007 ... Sep. 26--Al Islami Foods, a leading halal food producer in the Middle East, today announced a strategic joint venture with 3663 First for Foodservice, a leading foodservice distributor in the UK, which will cater to the British, German and the Benelux markets for Al Islami's range of ...
Qatar: IBQ continues to position itself as leading property finance provider.
Sep 26, 2007 ... Sep. 26--The International Bank of Qatar (IBQ) took another step forward to becoming Qatar's leading property finance provider, as it announced the launch of its first fully branded Mortgage car. This is the first of several specially branded cars IBQ will introduce as it continues to ...