TradeArabia (Manama, Bahrain) back issues from October 2008:
Total to set up service station in Amman.
Oct 04, 2008 ... Byline: Amman (Image: total.gif ) Total Jordan, a 100 per cent subsidiary of Total, has signed an agreement with Amman-based Kayali and Partners to set up a service station in Abdali commercial area. Under the agreement signed by Arnaud Guichard, Total ...
RAK offshore unveils big Cityscape plans.
Oct 04, 2008 ... Byline: Dubai (Image: offshore.gif ) RAK Offshore plans to intensify its exposure to global entrepreneurs during the Cityscape Dubai 2008 exhibition. More than 1400 international companies have already registered with its premier offshore facility within ...
Abu Dhabi real estate projects to hit $500bn.
Oct 04, 2008 ... Byline: Dubai (Image: projects.gif ) With the real estate and tourism sectors booming in Abu Dhabi, the total value of announced projects in the UAE capital is inching towards a whopping Dh1.83 trillion ($500 billion) mark. Contributing to the $500 billion ...
Jazan refinery construction on track.
Oct 04, 2008 ... Byline: Riyadh (Image: jazan.gif ) The Jazan refinery in Saudi Arabia is expected to come online in the first quarter of 2015, the Petroleum and Mining Ministry has said, after reports of fresh delays hitting the planned export-oriented refinery. Meed ...
Intercontinental Mzaar wins Golden Nugget.
Oct 04, 2008 ... Byline: Kfardebiane (Image: mzaar.gif ) InterContinental Mzaar Lebanon won the final piece of Winning Ways and received the Golden Nugget from John Bamsey, InterContinental Hotels Group chief operating officer Middle East & Africa. The 6th piece of the ...
Mada'in plans exclusive preview at Cityscape.
Oct 04, 2008 ... Byline: Dubai (Image: madain.gif ) Mada'in Properties said it will launch an exclusive preview of multi-billion dollar projects - three new premium properties as well as some of its future projects and development plans - during Cityscape Dubai. The three ...
MAF unveils $1bn Syria investment plans.
Oct 04, 2008 ... Byline: Dubai (Image: futtaim.gif ) Majid Al Futtaim Group (MAF), the region's premier developer of shopping malls, has announced plans to invest an initial $1 billion to build Syria's largest ever mixed-use development. Strategically located in a ...
Syria 'won't open military sites to atom probe'.
Oct 04, 2008 ... Byline: Vienna (Image: atom.gif ) Syria said it was co-operating fully with a UN inquiry into allegations of secret nuclear work in the country but would not go as far as opening up military sites because this would undermine its security. The ...
Limitless to unveil $110bn projects at Cityscape.
Oct 04, 2008 ... Byline: Dubai (Image: limitless.gif ) Limitless, a Dubai World company, will showcase 11 developments, worth nearly $110 billion, at the upcoming Cityscape Dubai show when compared to five at the event last year. The Limitless line up at this year's show ...
Arabtec wins $150m construction contract.
Oct 04, 2008 ... Byline: Dubai (Image: arabtec.gif ) Dubai's Arabtec Holding said on Saturday it was awarded a Dh550 million ($149.7 million) contract by Dubai Properties for a construction project. The contract entails the construction of a 12-storey residential building ...
DIFC seeks arbitration role.
Oct 04, 2008 ... (Image: difc.gif ) Contract disputes are on the rise in the Gulf but in the wake of fresh legislation, the Dubai International Financial Centre is seeking to become a regional hub for resolution services, said a report With construction costs rapidly rising while ...
Rakeen to unveil new Dana Island design.
Oct 04, 2008 ... Byline: Dubai (Image: rakeen.gif ) Rakeen, a leading property development company in Ras Al Khaimah and the real estate development arm of Ras Al Khaimah Government, will unveil the new design of its Dh60 billion ($16.3 billion) Dana Island project at Cityscape ...
Bahrain inches towards expat healthcare plan.
Oct 04, 2008 ... Byline: Manama (Image: expat.gif ) Bahrain's plans to make health insurance compulsory for expatriates could be finalised at a two-day workshop this month. Experts will focus on the country's preparations and try to establish a timeframe for its ...
Fitch affirms stable rating for GIB.
Oct 04, 2008 ... Byline: Manama (Image: gib.gif ) Fitch Ratings has affirmed the Bahrain-based Gulf International Bank's (GIB) ratings at Long-term Issuer Default (IDR) 'A' with a Stable Outlook, Short-term IDR 'F1', Individual 'C/D', Support '1' and Support Rating Floor 'A'. ...
UIB upgrades management team.
Oct 04, 2008 ... Byline: Manama (Image: uib.gif ) Bahrain-based United International Bank (UIB), a Shari'a compliant investment bank said it has appointed Salman Al-Zayani as chief placement officer and treasurer and Gavin Sasson as head of Post Acquisition Management. ...
Rotana wins Arab World Travel agreement.
Oct 04, 2008 ... Byline: Dubai (Image: rotana.gif ) Rotana, the leading hotel chain in the Middle East said it has clinched a one-year agreement as official host hotel for the Arab World Travel and Tourism Exchange (AWTTE 2008). The win underlines its commitment to ...
DIFC launches real estate fund.
Oct 04, 2008 ... Byline: Dubai (Image: fund.gif ) DIFC Investments, the investment arm of the Dubai International Financial Centre (DIFC), said it is launching a real estate fund that will invest in Dubai and the UAE's real estate sector. The fund will be launched through ...
Amlak, Tamweel in merger talks.
Oct 04, 2008 ... Byline: Dubai (Image: amlak.gif ) Dubai-based mortgage lenders Amlak Finance and Tamweel have begun merger talks, the two companies said on Saturday, as liquidity in the Gulf region tightens. "(The companies) have begun exploratory discussions for a ...
'Bahrain Comedy Show' a great success.
Oct 04, 2008 ... Byline: Manama (Image: comedy.gif ) 'Bahrain Comedy Show' organised by SJ Media Group and sponsored by the Global Tourism Club drew more than 4000 people throughout it's two days of continuous laughter. Many important figures attended the event, said the ...
MEIFF reveals robust goals.
Oct 04, 2008 ... Byline: Abu Dhabi (Image: meiff.gif ) This year's Middle East International Film Festival (MEIFF) will unveil with multiple goals: Helping accomplished Arab Women Directors showcase their talent to a wider audience, encouraging emerging talent and offering a ...
Royal Med wins health authority contract.
Oct 04, 2008 ... Byline: Abu Dhabi (Image: royalmed.gif ) Royal Med, a subsidiary of Royal Jet said it has signed a contract with the Abu Dhabi Health Authority to supply medevac services, after winning a tender process open to other private charter air services companies. ...
Gitex Shopper in key tieups.
Oct 04, 2008 ... Byline: Dubai (Image: gitex.gif ) The Gitex Shopper & Consumer Electronics Expo 2008 has made a series of strategic tie-ups with regional and international partners, giving the mega-event a whole new level of popularity and excitement. The event, organised ...
Aban, BBG join hands.
Oct 04, 2008 ... Byline: Dubai (Image: aban.gif ) The Arab Business Angels Network (Aban) and the British Business Group in Dubai and N.Emirates (BBG) have announced an alliance pooling resources and knowledge to promote entrepreneurialism, innovation and knowledge creation in the ...
Adnoc invites bids for Shah gas field.
Oct 04, 2008 ... Byline: Abu Dhabi (Image: adnoc.gif ) Abu Dhabi National Oil Company (Adnoc) has invited bids from contractors for the largest energy project ever undertaken in the UAE, said a media report. The Abu Dhabi-based company has approached contractors to ...
Abu Dhabi completes e-archiving of judicial data.
Oct 04, 2008 ... Byline: Abu Dhabi (Image: judicial.gif ) The Abu Dhabi Judicial Department (ADJD) has announced the completion of a major portion of its ambitious project of electronic archiving of cases. The accomplishment involved archiving 32,300,000 judicial documents ...
International air traffic growth slows.
Oct 05, 2008 ... Byline: Hanoi (Image: air.gif ) International passenger demand growth slowed to 1.3 per cent in August, following disappointing growth of 1.9 per cent in July, said the latest report from International Air Transport Association (Iata). Passenger load ...
Nakheel to build 1km-high new tower.
Oct 05, 2008 ... Byline: Dubai (Image: nakheel.gif ) Dubai-based master developer Nakheel has announced plans to build Nakheel Harbour & Tower, a new community which will boast a tower more than a kilometre high and the world's only inner city harbour. The project, ...
Biggest real estate show set to open in Dubai.(Conference news)
Oct 05, 2008 ... Byline: Dubai (Image: real.gif ) One of the world's largest business-to-business real estate investment and development event opens tomorrow (October 6) in Dubai amid the uncertainty caused by the global credit crisis. Equity-rich Middle East property ...
Oil markets oversupplied says Iran.
Oct 05, 2008 ... Byline: Tehran (Image: supply.gif ) Oil producers are pumping too much oil to the market and a price under $100 is too low, Iran's oil minister has said. Opec members should respect their output targets to prevent oversupply from worsening, Gholamhossein ...
Crescent, Dana start gas supply in Iraq.
Oct 05, 2008 ... Byline: Dubai (Image: dana.gif ) The UAE's Crescent Petroleum and affiliate Dana Gas have begun supplying gas in Iraq's Kurdistan region after completing the first stage of a $650 million project, the companies said in a statement. Gas was flowing at 75 ...
Agri funds flood Singapore.
Oct 05, 2008 ... Byline: Singapore (Image: farm.gif ) Singapore is a business hub, a hi-tech city with swanky buildings and clean roads. And there's hardly any agriculture in the State, is the general impression. But surprisingly it is in Singapore that the largest number ...
Animal Planet sports new look.
Oct 05, 2008 ... Byline: Dubai (Image: animal.gif ) Animal Planet has launched a bold new look even as it celebrates 10 years of broadcasting in international markets. The new Animal Planet will highlight gripping and exciting stories designed to appeal to an adult ...
Awareness on 'green' supply chain lacking.
Oct 05, 2008 ... Byline: Dubai (Image: green.gif ) Companies in the emirate do not follow 'green' supply chain practices due to less awareness, according to a survey by the Dubai Chamber of Commerce and Industry's Centre for Responsible Business. About 38 per cent of the ...
Memon acquires $62m Jumeirah plots.
Oct 05, 2008 ... Byline: Dubai (Image: memon.gif ) Memon Investments has acquired five plots of land worth over Dh228 million ($62 million) within the high profile community project - Jumeirah Village South (JVS). The developer's sizeable investment is part of its plans to ...
81pc get green info from TV, Web: CNN.
Oct 05, 2008 ... Byline: Dubai (Image: cnn.gif ) CNN International's global online consumer survey on the environmental and energy sectors revealed that 81 per cent of the CNN audience use television and the web as their preferred source of "green" information. The ...
Wella Professionals unveils autumn wear.
Oct 05, 2008 ... Byline: Dubai (Image: wella.gif ) Wella Professionals has launched the autumn trend for 2008, titled "Couture Allure" for women who crave individual style. It has created sleek designs reflecting the charisma and assertive style of confident women the ...
Sama projects set for Cityscape debut.
Oct 05, 2008 ... Byline: Dubai (Image: sama.gif ) Sama Dubai, the international real estate investment and development arm of Dubai Holding, will showcase a model each from its three existing brands - 'Salam', 'Dubai Towers' and 'Urban Developments' at Cityscape Dubai. ...
Damas presents new Magerit jewellery.
Oct 05, 2008 ... Byline: Dubai (Image: damas.gif ) Damas, the leading jewellery retailer, is showcasing the new collections of Magerit, the celebrated Spanish design house made famous by its sculptural approach to personal adornments. Born out of an impulse to bring fresh ...
Zain brings BlackBerry Bold to Bahrain.
Oct 05, 2008 ... Byline: Manama (Image: phone.gif ) Zain Bahrain and Research In Motion (RIM) have launched the new BlackBerry Bold smartphone in Bahrain. The smartphone supports tri-band HSDPA high-speed networks around the world and comes with integrated GPS and Wi-Fi, ...
Carrefour slashes price of reusable bags.
Oct 05, 2008 ... Byline: Dubai (Image: carrefour.gif ) Hypermarket chain Carrefour has boosted its eco friendly campaign by halving the cost of environmentally friendly reusable bags across all its stores in the region. It has further committed to reduce the use of plastic ...
Dubai hotels expect exhibition rush.
Oct 05, 2008 ... Byline: Dubai (Image: hotels.gif ) Dubai will host some major exhibitions over the coming months which is expected to increase occupancy rates in local hotels, a report said. The special Ramadan packages will end as the busy tourism season follows and ...
Ford selling stock to pay debt.
Oct 05, 2008 ... Byline: Detroit (Image: ford.gif ) Ford Motor Company is selling $500 million in stock to retire short-term debt owed by Ford Motor Credit. "It's a debt for equity swap," Ford spokesman Bill Collins said. "We're issuing new shares. We're going ...
Dubai Airports concludes Terminal 3 testing.
Oct 05, 2008 ... Byline: Dubai (Image: terminal.gif ) Dubai Airports has successfully concluded the operational testing of Dubai International's Terminal 3, paving the way for the phased transition of operations to the new terminal, from October 14. The phased opening of ...
Analysis: Is US sanction boon for Iran, Syria?
Oct 05, 2008 ... Byline: Beirut (Image: boon.gif ) Syria and Iran, both targeted by US sanctions, proclaim that their 'independent' economies will suffer less than others from global financial turmoil. But economists in the region say neither Tehran nor Damascus will be ...
BA's Sept premium traffic drops 8.6pc.
Oct 05, 2008 ... Byline: London (Image: ba.gif ) British Airways (BA) revealed that its September traffic dropped 4.8 per cent due to a dip in sales of premium tickets, a report said. The carrier's first and business-class traffic fell 8.6 per cent last month due to the ...
Etisalat cuts IP Connect Access rentals.
Oct 05, 2008 ... Byline: Abu Dhabi (Image: ip.gif ) Etisalat has reduced prices of its IP Connect service rentals by almost 70 per cent, giving businesses increased savings and the incentive to go in for an advanced Ethernet based IP connectivity network. Simultaneously, ...
Hollywood stars add glam to Meiff's opening.
Oct 05, 2008 ... Byline: Abu Dhabi (Image: meiff.gif ) Hollywood stars Antonio Banderas, Melanie Griffith and Adrien Brody are among the international celebrities and filmmakers who have confirmed their attendance at the Middle East International Film Festival (Meiff) this year. ...
Nokia unveils new 5800 XpressMusic.
Oct 05, 2008 ... Byline: Dubai (Image: nokia.gif ) Nokia turned up the volume on its music offering and unveiled the new Nokia 5800 XpressMusic, a mobile device for music that brings innovative new features to the mass market. "When it comes to music phones, people all ...
Plastex to showcase innovative products.
Oct 05, 2008 ... Byline: Dubai (Image: plastex.gif ) The latest technologies and machinery aimed at meeting growing demand for plastics products in the Mena region will be on display at Plastex 2008, the 11th International African-Arabian Exhibition for Plastics Industries, to be ...
Kuwait banks 'not hit by US woes'.
Oct 05, 2008 ... Byline: Kuwait (Image: cenkuw.gif ) Kuwait's banks have not been affected by a financial crisis in the United States, the central bank governor said in remarks published on Sunday. 'Local banks have not been, and will not be, affected' by the crisis, ...
TSA launches Shah Rukh Khan Boulevard.
Oct 05, 2008 ... Byline: Dubai (Image: kingkhan.gif ) Indian movie icon Shah Rukh Khan has joined hands with TSA Group, a major player in the UAE real estate market, to launch a Dh 8 billion ($2.18 billion) signature beachfront residential development in Ras Al Khaimah. ...
Liquidity squeeze starts to bite in Saudi.
Oct 05, 2008 ... Byline: Riyadh (Image: saudi.gif ) Annual growth in the Saudi money supply rose for the first time in three months in August but the Arab world's largest economy is beginning to feel strains of a liquidity squeeze, central bank data showed. The annual ...
Raffles City Bahrain apartments go on sale.
Oct 05, 2008 ... Byline: Manama (Image: raffles.gif ) CapitaLand, the Asian real estate developer of Raffles City Bahrain, announced that sales of residential apartments in the integrated waterfront development located in the prime Bahrain Bay area will be opened to the public at ...
Dubai's first boutique villa debuts at Cityscape.
Oct 05, 2008 ... Byline: Dubai (Image: mizin.gif ) Mizin, the real estate development arm of Tatweer, will unveil a contemporary, boutique villa community in Dubailand, at Cityscape. Located in close proximity to elite neighbourhoods such as Tiger Woods Dubai and Bawadi ...
Diyar Al Muharraq to unveil $3.2bn project.
Oct 05, 2008 ... Byline: Manama (Image: muharraq.gif ) Diyar Al Muharraq, one of the biggest mixed-use residential urban developments undertaken by the private sector in Bahrain, will showcase its unique BD1.2 billion ($3.2 billion) development at Cityscape Dubai. The ...
Al Madar to showcase $817m projects at Cityscape.
Oct 05, 2008 ... Byline: Dubai (Image: madar.gif ) Al Madar Property Investments, a leading property developer, will feature projects worth over Dh3 billion (817 million) during the 7th Cityscape Dubai show to be held from October 6 to 9. Al Madar will join more than ...
Dubai World forms natural resources unit.
Oct 05, 2008 ... Byline: Dubai (Image: dw.gif ) Dubai World today announced the formation of a new business unit, Dubai Natural Resources World, designed to explore new long-term investment avenues, while contributing positively towards sustainable development. Dubai ...
Burooj to showcase $816m properties.
Oct 05, 2008 ... Byline: Abu Dhabi (Image: burooj.gif ) Burooj Properties, one of the UAE's leading property developers and a wholly-owned subsidiary of Abu Dhabi Islamic Bank (ADIB), will exhibit properties worth Dh3 billion ($816 million) at Cityscape. Burooj's stand ...
Sitra water plant in race for top honours.
Oct 05, 2008 ... Byline: Manama (Image: sitra.gif ) The [pounds sterling]10 million ($7.7 million) project to upgrade and expand Bahrain's second largest wastewater treatment plant in Sitra is a finalist in the 'Overseas Project of the Year' category of the Association of Project ...
E-Real Estate presents new services at CityScape.
Oct 05, 2008 ... Byline: Dubai (Image: etisalat.gif ) E-Real Estate will present its services for real estate developers and in particular, specialists in the rationalisation of energy usage and environmental conservation in CityScape Dubai. "During CityScape visitors will ...
The Dubai Mall unveils new CSR program.
Oct 05, 2008 ... Byline: Dubai (Image: mall.gif ) The Emaar Malls Group has introduced an elite Guest Services Volunteer Programme for The Dubai Mall, whereby women volunteers can serve as goodwill ambassadors for the mall and their wages will be donated to charity. The ...
Big 5 PMV spotlight on cement-saving tools.
Oct 05, 2008 ... Byline: Dubai (Image: cement.gif ) Developers and construction companies are under increasing pressure from soaring building costs in the UAE and are now eyeing new technologies to cut cement usage and make big savings on concrete. A strong line-up of ...
'Need to bridge rich-poor gap'.
Oct 05, 2008 ... Byline: Manama (Image: khalifa.gif ) Bahrain Prime Minister Shaikh Khalifa bin Salman Al Khalifa has urged UN to exert more efforts to bridge gap between rich and poor, calling for mobilisation of resources to improve living conditions worldwide, particularly in poor ...
Mandelson slams unilateral crisis moves.
Oct 05, 2008 ... Byline: London (Image: mandel.gif ) Britain's new Business Minister Peter Mandelson criticised unilateral moves by individual countries to guarantee deposits and said they could hamper efforts to resolve the global financial crisis, the Sunday Telegraph reported. ...
Drei to highlight courses at Cityscape.
Oct 05, 2008 ... Byline: Dubai (Image: drei.gif ) The Dubai Real Estate Institute has planned to debut its educational plan for 2009 at Cityscape Dubai 2008, a report said. The institute is taking part in the expo, to be held from October 6 to 9, for the second time, ...