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	Friday, May 18, 2012

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More top stories

	GCC union is inevitable says Kuwait
	Global shares plunge amid Spanish bank fears
	Ferrari sales in Mideast surge 23pc

	Saudi listed firms’ profits to ‘hit $30 billion’
	UAE current account surplus quadruples
	Brent falls below $109, Greek fear weighs

Berlin's Arab World Dilemma
Germany prioritises trade over politics
Coping with change
Traders face Iraqi currency conundrum
Jordan and the GCC
The pros and cons of membership for the Hashemite kingdom
Going local
German software giant eyes 450m MENA investement
No Arab Spring for migrant workers
Economic refugees bear brunt of regional upheaval

International Business News

International News


	EU zone fears spark rush for dollar
	Global shares plunge amid Spanish bank fears
	Brent falls below $109, Greek fear weighs


	Queen of Disco Summers dies at 63
	Assad warns France against 'inciting chaos'
	Berlin airport opening delayed to March 2013

Building and Construction

Empower sees district cooling growth in hotels

Emirates Central Cooling Systems Corporation (Empower), a leading district cooling service provider, has registered a 30 per cent growth in its hotel customers in April compared to same period last year, said a top official.


	Construction Tech bags Iraq deals
	Saudi announces new Riyadh metro project

Travel, Tourism and Leisure

UAE, Qatar airport capacity to hit 190m

The major airports in Dubai, Doha and Abu Dhabi will have a combined annual capacity of 190 million passengers in 2015, according to a special research study on the GCC airports' performance.


	Gulf Air official airline of Entrepreneurs Forum
	Dukes London launches new package

Energy / Oil and Gas

Saudi Aramco invites bids for new refinery

Saudi Aramco has invited bids for the construction of a new refinery in Jizan, an underdeveloped province bordering Yemen, industry sources said.


	Over 3,000 to attend Bahrain petchem forum
	Italy sees Iran oil imports up in March

Industry

Iran petchem exports plunge after curbs

Iranian petrochemical exports have plunged nearly 90 percent in the last two weeks as most maritime firms, including those in Iran, cannot find insurance to transport the cargo due to EU sanctions, according to traders and shipping data.



	Sabic CEO attends Microsoft summit
	Tabreed completes plant expansion

Health

Pfizer drug effective in rare children's cancers

A Pfizer lung cancer drug appears to be a highly effective treatment for children with a rare but aggressive type of lymphoma and other cancers, according to data from an early stage study released on Wednesday.


	Obesity main focus at health forum
	Dubai residents 'not eating enough healthy food'

Interiors

Top expos team up for 'Super interiors show'

Exhibitions and conferences organiser dmg::events said two of its flagship interiors events - Index International Design Exhibition and Office Exhibition - will come together in 2013 to create an ‘Interiors Super Show’ for the region’s architect and design community.


	ME Office design award winners named
	Top interiors expo opens in Dubai

IT and Telecommunications

250 exhibitors to take part in Gitex Saudi

More than 250 local and international exhibitors from 16 countries will take part in Gitex Saudi Arabia 2012, the 11th international information and communications technology exhibition, opening in Riyadh next week.


	Bahrain works ministry hosts IT programme
	Batelco team showcases key products

Property and Real Estate

Cluttons Oman offers facilities management

Cluttons, a leading real estate specialist, has integrated its traditional property management service with a facilities management service in Oman.


	Clarity 'returning to Egypt property market'
	Egypt's Palm Hills shrinks Q1 net loss

Banking & Finance

Qatar plans big investment in Bulgaria

Qatar will deposit $200 million at the Bulgarian Central bank as a guarantee it is serious about investing in the Balkan country, said the Prime Minister Sheikh Hamad Bin Jassim al-Thani.


	UK Islamic bank eyes Gulf rich
	StanChart sees solid growth for commodities

Retail and Wholesale

Apple 'plans iPhone with bigger screen'

Apple plans to use a larger screen on the next-generation iPhone and has begun to place orders for the new displays from suppliers in South Korea and Japan, people familiar with the situation said on Wednesday.


	150 exhibitors to meet for Korea exhibition
	Samsung participates in Summer Jam

Economy

GCC union is inevitable says Kuwait

Gulf monarchies must respect human rights, freedom of expression and allow for popular participation before turning it into a union, Kuwait's parliament speaker said yesterday.


	Saudi listed firms’ profits to ‘hit $30 billion’
	UAE current account surplus quadruples

Media and Promotions

8 Bahraini women on Forbes' list

Eight Bahraini women have made history as they were named among Forbes' most powerful females in the Arab world.


	Waqf Fund to boost resources at Bahrain library
	Coco-Cola launches Olympic anthem

Capital Market

DFM firms achieve 100pc compliance

Dubai Financial Market (DFM) said its UAE-listed companies have shown a 100 per cent compliance in disclosing their first quarter financial results within the deadline of 45 days from the end of the period.


	Egypt's bourse seen sideways ahead of polls
	Saudi travel firm Al-Tayyar IPO to raise $365m

Motoring

Ferrari sales in Mideast surge 23pc

The Middle East delivered extremely significant results for Ferrari with sales in the first quarter up by 23 per cent and 81 cars delivered.


	Abu Dhabi F1 race 'set to be a sell-out'
	Automakers rev up new model rollout in US

Shipping and Transport

Almajdouie moves huge reactors to Yanbu project

Almajdouie Heavylift and MPSC, a joint venture between Almajdouie and Fagioli, have successfully moved four massive reactor units for a project in Yanbu, Saudi Arabia.


	Jade Logistics opens Dubai office
	Unique System named Teledyne service provider

Defence and Security

Iran flouts curbs, sends arms to Syria

Syria remains the top destination for Iranian arms shipments in violation of a UN
Security Council ban on weapons exports by the Islamic Republic, according to a confidential report on Iran sanctions-busting seen by Reuters.


	Armoured vehicles market looks at UAE
	Tougher penalties for police attackers

Environment and Water

Dow targets ME solar market at expo

Dow Heat Transfer Fluids, a global business unit of The Dow Chemical Company, is seeking to target the growing market for solar power in the Middle East at a major event in Abu Dhabi.


	Saadiyat welcomes turtle nesting season
	Poor nations ready bold UN climate plan

Food and Catering

Burger King opens 65th store in Saudi

Burger King brand has opened its 65th restaurant in Saudi Arabia at Galleria Mall on King Fahd Highway in Riyadh as part of its regional expansion plans.


	Egypt's Meditrade buys sunoil, soyoil
	Colours Touch launches ‘Choco Laty’

Government, Laws & Statutes

Kuwait's ruler blocks Islamic law proposal

Kuwait's ruler has blocked a proposal by 31 of the 50 elected members of parliament to amend the constitution to make all legislation in the state comply with Islamic law, an MP said on Thursday.


	Shelters for Indian women in Bahrain soon
	Bahrain parliament panel raps Iran's meddling

Education, HR and Training

Bahrain plans guide for expat workers

Migrant workers will soon receive a complete guide compiled in their native languages on Bahrain's labour laws and regulations in a bid to prevent exploitation, said a senior officials.


	School to showcase MBA programme
	Pedersen & Partners boosts Gulf presence

Agriculture & Farming

El Nino could cut global cocoa output

Possible El Nino weather conditions later this year could exacerbate a potential global cocoa deficit in the coming 2012/13 season, causing prices to climb, the International Cocoa Organization (ICCO) said.


	African farming 'creating a new opportunities'
	Bahrain’s fruit, vegetable market down 60pc

European shares knocked by Spain

China jails smuggler Lai for life

Dieting 'safe for pregnant women'

Float values Facebook at $104bn

Queen's monarch lunch criticised


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Berlin's Arab World Dilemma

Coping with change

Jordan and the GCC

Going local

No Arab Spring for migrant workers