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TradeArabia (Manama, Bahrain) articles from March 2009

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<a href="http://www.highbeam.com/TradeArabia+(Manama,+Bahrain)/publications.aspx?date=200903" title="Articles and back issues from TradeArabia (Manama, Bahrain)">TradeArabia (Manama, Bahrain) articles</a>

TradeArabia (Manama, Bahrain) back issues from March 2009:

MBRPLD holds new communications module.

Mar 01, 2009 ... Byline: Dubai Mohammed Bin Rashid Programme for Leadership Development (MBRPLD) recently completed the first session of the new module 'Understanding Communication Styles & Effective Self Management'. The new module has been customised by MBRPLD in collaboration with ...

Gulf 'should build cheaper properties'.

Mar 01, 2009 ... Byline: Muscat Gulf states should boost transparency and build cheaper properties to woo foreign investment and revive their declining housing market, experts said. 'Greater financial transparency and proper legislation are needed in the region to restore the ...

Bahrain needs urgent action on farming.

Mar 01, 2009 ... Byline: Manama Urgent action is necessary to save Bahrain's agriculture industry from looming crisis, experts warned. The country only produces six per cent of its total food needs and the figure could drop further without better cultivation and farming practices, ...

Dubai property show 'big success'.

Mar 01, 2009 ... The 'International Property Show - Dubai 2009', the biggest transactional property exhibition in the region, has successfully concluded, witnessing substantial property deals struck among developers, real estate companies and investors. Strategic Marketing & Exhibitions (SME), ...

Damac gives finishing touches to JV project.

Mar 01, 2009 ... Byline: Dubai Damac Properties Dubai said external cladding and painting work has now begun at its Emirates Garden development in Jumeirah Village in race to meet the summer delivery deadline. This represents the start of the finishing touches to the external ...

Regional Clean Sea board to discuss plans.

Mar 01, 2009 ... Byline: Dubai The Secretariat-General of the Regional Clean Sea Organisation will meet in Dubai to discuss effective policies and plans for the organisation for the coming period. Represented by major oil producers and national and global shipping companies in the ...

Union Properties eyes solid Q1 profit.(Financial report)

Mar 01, 2009 ... Byline: Dubai Dubai's Union Properties said on Sunday it expects to make a profit in the first quarter of 2009 mainly on gains from rental properties and expects 2009 profit to exceed that of last year. Chief Executive Simon Azzam also said that a planned Formula One ...

Dubai first to receive Halo Wars.

Mar 01, 2009 ... Byline: Dubai Dubai was one of the first cities in Europe, Middle East, and Africa to launch 'Halo Wars'. 'Halo' fans gathered in droves on Friday to be among the first to purchase a copy of the Xbox 360 exclusive, 'Halo Wars', at the Midnight Launch event at Virgin ...

UDC 2008 revenue tops $577m.

Mar 01, 2009 ... Byline: Doha United Development Company (UDC), one of Qatar's leading public shareholding companies, said 2008 had been a year of solid performance across the UDC portfolio of projects and operations with revenues exceeding QR2.1 billion ($577 million). "Our net ...

Kuwait deputy seeks to question PM.

Mar 01, 2009 ... Byline: Kuwait A Kuwaiti Islamist deputy said on Sunday he wanted to question the Gulf state's prime minister, a move that had led to the resignation of the previous cabinet. Parliament is due to discuss a government-proposed KD1.5 billion ($5.11 billion) economic ...

Karan gas field production in 2011.

Mar 01, 2009 ... Byline: Dubai Saudi Aramco's Karan gas field is expected to start production in mid-2011, the company said in a statement on Sunday. Karan will produce 1.5 billion cubic feet per day, and will process about 1.8 billion cubic feet per day. Gas from the field will be ...

Al Taif in UAE army network deal.

Mar 01, 2009 ... Byline: Abu Dhabi Al Taif Technical Services, a wholly-owned subsidiary of Mubadala Development Company has signed an agreement with Al Masaood, specialists in MTU diesel engines repair and maintenance, to enhance UAE Armed Forces support network. Al Taif Technical ...

Go slow on expansion, GCC airlines warned.

Mar 01, 2009 ... Byline: Dubai Regional airlines should review their plans to expand their fleet as capacity is growing faster than passenger demand, says A.T Kearney, a global strategic management consulting firm. Despite dropping passenger traffic many regional airlines are still ...

Dubai Police adds Nissan X-terra to task force.

Mar 01, 2009 ... Byline: Dubai Arabian Automobiles, the exclusive dealer for Nissan in Dubai and the Northern Emirates, completed the handover of 109 units of Nissan Xterra to the Dubai police general headquarters. Colonel Al Matrooshi, deputy director Transport & Rescue, commended ...

Suzuki Saudia rewards top sales managers.

Mar 01, 2009 ... Byline: Riyadh Suzuki Saudia, the sole distributor of Suzuki vehicles in Saudi Arabia, recently rewarded its best branch managers a total of SR100,000 ($26,662) for their outstanding sales performance in 2008. The branches of the honorees were able to surpass their ...

Bahrain to boost lab management standards.

Mar 01, 2009 ... Byline: Manama The Bahrain Ministry of Works has urged all laboratories in the Kingdom to get ISO 17025 accreditation to ensure that the test results from these laboratories are accepted across the globe. Director at Ministry of Works Bahrain, Sameer Abdul-Karim ...

Oman tourism gets UK boost.

Mar 01, 2009 ... Byline: Muscat Well-known UK-based journalist Gareth Huw Davies who visited Oman recently has written a report on The Sultanate in The Mail on Sunday newspaper, where he has raved about Oman's tourist attractions. The impressive introduction reads that in just two ...

Qtel mobile customers total 1.8m.

Mar 01, 2009 ... Byline: Doha The total number of subscribers to Qtel's mobile services has crossed 1.8 million, according to a report. "This rapid accumulation of new customers -- up from 1.5 million announced in November 2008 -- was achieved in spite of the global economic ...

DIB Capital wins ME banking award.

Mar 01, 2009 ... Byline: Dubai DIB Capital (formerly Millennium Capital), the investment banking arm of Dubai Islamic Bank (DIB), was awarded the 'Best Local Investment Bank' award at the annual Middle Eastern Banks Achievement Awards 2008, organised by emeafinance magazine. DIB ...

MobileAccess revenue surges 55pc.

Mar 01, 2009 ... Byline: Dubai MobileAccess, a global provider of enterprise wireless solutions, has announced the strongest growth in company history, with revenues in 2008 increasing more than 55 per cent. MobileAccess' growth was driven by a surge in global sales, strong traction ...

Emirates NBD opens at Dubai Media City.

Mar 01, 2009 ... Byline: Dubai Emirates NBD, the largest banking group in the region in terms of assets, officially inaugurated its new Dubai Media City branch. "In line with our strategy to expand aggressively, we are constantly planning new branch openings at various locations ...

NBB posts $99m net profit despite turmoil.(Financial report)

Mar 02, 2009 ... Byline: Manama NBB declared a net profit of BD35 million ($92.8 million) for the year, achieving a 15 per cent return on average equity, despite the global financial turmoil. The bank has demonstrated steady all-round business growth despite difficult financial ...

Aesthetica unveils new skincare system.

Mar 02, 2009 ... Byline: Dubai Dubai-based Aesthetica Clinic has introduced the new Pixel CO2 Fractional Resurfacing System which promises to make people look rejuvenated, fresh, and youthful. The new treatment erases and smoothes away almost all imperfections in the skin, according ...

Kuwait MPs in push for $16bn interest-free loans.

Mar 02, 2009 ... Byline: Kuwait Five Kuwaiti MPs have submitted a bill calling on the government to give every citizen interest-free loans to help them cope with the fallout of the global economic crisis. The bill aims to grant each Kuwaiti aged above 21 a loan of 10,000 Kuwaiti ...

Dubai Int'l Boat Show to have new events.

Mar 02, 2009 ... Byline: Dubai The 17th edition of the Dubai International Boat Show is opening tomorrow, with a number of new and exciting initiatives throughout the five-day event. New to the show this year are the Superyacht Extravaganza, High Fashion and Jewellery show and many ...

UAE Education Ministry selects SunGard.

Mar 02, 2009 ... Byline: Dubai The UAE Ministry of Higher Education and Scientific Research (MOHESR) has selected SunGard Higher Education, to help create a national data warehouse. Specifically designed for higher education, the new data warehouse will facilitate a single source of ...

Oil will not rally above $100, says expert.

Mar 02, 2009 ... Byline: Dubai Oil prices are unlikely to cross $100 per barrel in the near future due to near record inventory levels and Opec's five million barrels of spare capacity, according to an expert. Richard Savage, head of energy research at the 190-year-old private Swiss ...

Etisalat, Tata in Ethernet tieup.(Company overview)

Mar 02, 2009 ... Byline: Dubai Emirates Telecommunications Corporation (Etisalat) and Tata Communications, a leading provider of the new world of communications and a part of the $62.5 billion Tata Group, have jointly announced the launch of enterprise network services. The ...

Bahrain mulls law to protect maids.

Mar 02, 2009 ... Byline: Manama Bahrain will implement a new labour law that will regulate the working hours and living conditions of domestic staff such as housemaids, drivers, childminders and cooks. Under the new law, housemaids are to get legal protection in a move to stamp out ...

Mag urges banks to ease credit on home loans.

Mar 02, 2009 ... Byline: Dubai Mag Group Property Development has called on banks to relax their lending criteria to prospective mid-price range home owners in order help them to raise affordable mortgages. Mohammed Nimer, CEO of Mag, which is involved in Dh3 billion ($817 million) ...

EADS to design Abu Dhabi police security system.

Mar 02, 2009 ... Byline: Abu Dhabi Abu Dhabi Police General Headquarters (GHQ) and EADS Defence & Security have signed an agreement to prepare a plan for an integrated police security system solution for the Abu Dhabi emirate. Lieutenant General Sheikh Saif Bin Zayed Al Nahyan, UAE ...

Jotun educates women on colour.

Mar 02, 2009 ... Byline: Dubai Jotun Paints recently hosted the second annual 'Lady Essentials' workshop in partnership with the Dubai Ladies Club. The workshop focused on educating women on colour psychology, colour trends and painting techniques, and included interactive activities ...

Kuwait port workers on strike.

Mar 02, 2009 ... Byline: Kuwait Hundreds of port workers went on strike at Kuwait's three commercial ports on Monday demanding a pay hike and better working conditions. Union leaders said the protest will continue daily 'until demands are met'. Around 900 workers stopped ...

Etihad to start Larnaca service.

Mar 02, 2009 ... Byline: Abu Dhabi Etihad Airways has announced plans to launch three new flights a week to Larnaca in Cyprus as part of its efforts to strengthen the airline's European network from Abu Dhabi. The Larnaca service will bring Etihad's global flight network to 53 ...

Abu Dhabi foreign trade soars 37.5pc.

Mar 02, 2009 ... Byline: Abu Dhabi Abu Dhabi's total foreign trade for 2008 rose to Dh102.779 billion ($27.98 billion), posting a sharp growth of 37.5 per cent over Dh74 billion ($20.15 billion) in 2007, according to the emirate's Department of Finance (DoF). As per the report ...

Shuaa extends note maturity.

Mar 02, 2009 ... Byline: Dubai Shuaa Capital has extended the maturity date of its outstanding convertible notes, issued in October, 2007 and subscribed by Dubai Banking Group (DBG). The decision was announced at the company's third session of the extraordinary general meeting (EGM) ...

DAE to lease 8 Boeings to Garuda Indonesia.

Mar 02, 2009 ... Byline: Dubai DAE Capital, the aircraft leasing and financial arm of state-owned Dubai Aerospace Enterprises, said on Monday it agreed to dry-lease eight Boeing 737-800s to Garuda Indonesia airline. The short-haul aircraft are due to be delivered by Boeing from June ...

Economic recovery in sight, says expert.

Mar 02, 2009 ... Byline: Dubai Global economy will turn around by the second half of 2009, said a financial expert, who is due to address the first-ever Wharton Global Alumni Forum to be held in the Middle East. The Wharton Global Alumni Forum will be held in the Middle East on March ...

BBK seeks go-ahead for Shamil push.

Mar 02, 2009 ... Byline: Manama BBK is expecting a decision from the Central Bank of Bahrain (CBB) shortly about its possible acquisition of Shamil Bank, said a top official. Speaking after BBK's annual general meeting (AGM) on Sunday, chairman Murad Ali Murad said he expected to ...

364 employees benefit from DIA courses.

Mar 02, 2009 ... Byline: Dubai As many as 364 people benefited from the various training programmes conducted by the Dubai Industrial Academy (DIA) last year. The DIA delivered 36 industrial training programmes in health safety and Emiratisation and four consultancy services in 2008. ...

Takaful International profit hits $1.2m.

Mar 02, 2009 ... Byline: Manama Takaful International Company saw significant growth last year in total insurance subscriptions from BD9.19 million ($24.3 million) to BD14.022 million ($37.1 million). The participants and the shareholders portfolio reported a net profit of BD449,000 ...

Kuwait bank freezes $152m Global deposits.

Mar 02, 2009 ... Byline: Kuwait Kuwait's Global Investment House is in talks with a local bank to have it release KD45 million ($152.5 million) in deposits frozen by the bank over a loan dispute, a company source said on Monday. The Kuwaiti investment bank had managed to negotiate ...

Lagoon hands over units to investors.

Mar 02, 2009 ... Byline: Manama Lagoon Real Estate Development has announced that all units that have been purchased at the $90 million project in Amwaj Island have already been handed over to their owners. This move, which followed the completion of construction of all buildings as ...

BBC Prime joins Showtime network.

Mar 02, 2009 ... Byline: Dubai BBC Prime launched on Showtime Arabia, the leading pay-TV network in the Middle East and North Africa, from March 1. The channel from BBC Worldwide provides audiences with a diverse mix of the very best programming from both the BBC and independent ...

CMCS bids to boost use of business tools.

Mar 02, 2009 ... Byline: Abu Dhabi Collaboration, Management and Control Solutions (CMCS) is organising a seminar aimed at improving the usage of portfolio and project management (PPM) tools by Middle East companies. The seminar will be held tomorrow (March 3) at the InterContinental ...

300,000 infected computers cleaned in Feb.

Mar 02, 2009 ... Byline: Dubai Trend Micro has cleaned more than 30,000 infected computers in the Middle East in February, of which 71,408 were in the UAE. The number of infected computers in the country is set to grow as spam peaks at 200 billion a day globally, said a statement. ...

Bafco to unveil ergonomic mouse.

Mar 02, 2009 ... Byline: Dubai Bafco is set to unveil its Humanscle switch mouse at the Office Expo to be held at the Dubai International Convention & Exhibition Centre from March 3 to 5. The switch mouse, from the award-winning US ergonomic design firm Humanscale, is said to be an ...

New Audi Q5 to hit ME roads.

Mar 02, 2009 ... Byline: Dubai Audi Q5, new premium 5-seater SUV that combines the dynamism of a sports sedan with highly variable interior and versatile options for leisure-time and family use, will be launched in the region this month. With thousands of requests already registered, ...

ME sales key to global growth, says BMW.

Mar 02, 2009 ... Byline: Dubai Expansion plans implemented by some regional importers are among BMW's largest and the company sees regional sales as a key contributor to global growth, said a senior official. "I'm excited to be here in the Middle East and to visit some of our ...

Scofield to launch eco-friendly floors.

Mar 02, 2009 ... Byline: Dubai Scofield is set to introduce its Formula One lithium densifier and finish coat system, which can make ground and polished concrete floors low VOC, low maintenance and environmentally friendly. The Formula One line of liquid densifiers is designed to ...

Kipco posts $201m Q4 net loss.(Financial report)

Mar 02, 2009 ... Byline: Kuwait Kuwait Projects Company (KIPCO) made a net loss of about KD59.46 million ($201.5 million) in fourth-quarter as it took KD60 million in provisions against assets. Full-year net profit fell to KD24.1 million in 2008, or 21.82 fils per share, the firm ...

Festival plans bigger dragon boat race.

Mar 02, 2009 ... Byline: Dubai Dragon Boat Alive and Festival Centre have stated that this year's Dubai International Dragon Boat Festival (DIDBF) will be bigger and offer more activities than that of 2008. The DIDBF will be held at Festival Marina on April 3 and 4. The ...

Nasdaq Dubai in IPO talks, eyes reform.

Mar 02, 2009 ... Byline: Dubai Nasdaq Dubai is in 'serious' talks with Dubai government-linked entities to boost initial public offerings on the exchange and aims to revise listing requirements to attract more local investors. Speaking to Reuters, Nasdaq Dubai's chief executive, Jeff ...

Sitra Causeway to cost $252m.

Mar 02, 2009 ... Byline: Manama The total cost of the new Sitra Causeway project, which is expected to be completed by June next year, will come to more than BD95 million ($252.05 million), it has been revealed. This includes a compensation amount of BD11 million given to companies ...

'Spark' to boost students' science skills.

Mar 03, 2009 ... Byline: Dubai Edutech Middle East is aiming to address the need to boost students' science skills, in line with the government's initiative to develop a capable scientific and technical workforce in the region for the future. A leading provider of technology-enabled ...

Etisalat launches UAE's fastest broadband Net.

Mar 03, 2009 ... Byline: Abu Dhabi Etisalat on Tuesday introduced the fastest home internet in the UAE by announcing two new fixed broadband packages - 16 and 8 Mbps as part of Al Shamil Broadband offering. Based on the Fibre to the Home (FTTH) technology, the new packages will ...

Saudi firm plans to offer housing loans.

Mar 03, 2009 ... Byline: Riyadh Saudi Arabian Real Estate Financing Company (Refco) said it plans to start offering home loans next year. The firm also wants to raise one billion Saudi riyals ($267 million) by selling shares to investors, according to our sister newspaper Gulf Daily ...

Finance House unveils 2 cash back schemes.

Mar 03, 2009 ... Byline: Dubai Finance House has launched two attractive cash back schemes on its full range of Standard, Gold & Platinum Credit Cards. Under the first scheme, all successful new credit card applicants can enjoy 3 per cent guaranteed cash back on all their purchase ...

The Office Exhibition opens.

Mar 03, 2009 ... Byline: Dubai The eighth edition of The Office Exhibition was inaugurated today at the Dubai International Convention and Exhibition Centre by Dr Hanif Hassan Al Qassimi, UAE Minister of Education. 'With large amounts of construction projects now reaching completion ...

Enpark installs solar street lamp at DMC.

Mar 03, 2009 ... Byline: Dubai The Energy and Environment Park (Enpark) said it has successfully installed Streetsun, a solar-powered street lamp within Dubai Media City (DMC) in collaboration with Dubai-based Zala Energy and Germany-based Ralos. Enpark, a member of Tecom ...

LG, MEC plan to enhance market position.

Mar 03, 2009 ... Byline: Amman LG Electronics (LGE) and its business partner, the Middle East Complex (MEC), have reiterated their commitment to enhance and sustain their leadership position in Jordan. The announcement was made at an event held at the Le Royale Hotel on March 1 to ...

Marmum to boost milk production by 1.8m litres.

Mar 03, 2009 ... Byline: Dubai Marmum Dairy Farm is gearing up to meet the expected spike in demand for milk and milk products during the summer by ramping up herd numbers at its dairy farm in beginning of March. Asubsidiary of Dubai Investments and a leading player in the UAE dairy ...

Givenchy designer debuts menswear range.

Mar 03, 2009 ... Byline: Dubai Givenchy has launched its chief designer Riccardo Tisci's first menswear collection for the spring/summer season at select Rodeo Drive outlets in the UAE. "The collection is structured around the figure of the self-assured man," said Tisci. "I have ...

DVO launches executive office products.

Mar 03, 2009 ... Byline: Dubai Italian design firm Della Valentina Office (DVO) has unveiled its new Planeta range of executive office products at the Office Exhibition in Dubai. The office expo, which opened today (March 3) at the Dubai International Exhibition Centre will run until ...

Liberty Auto felicitates 56 companies.

Mar 03, 2009 ... Byline: Dubai Liberty Automobiles Company (LAC) honoured its corporate customers and trade partners at its 14th annual customer appreciation awards in Dubai recently. LAC, a member of the UAE-based Liberty Investment Company (LIC), is an authorised dealer for ...