Darat and Tamleek sign agreement to set up public shareholding
company and commercial high rise.
Summary: Darat Jordan Holdings (Public Shareholding Co.) and
Tamleek (Private Shareholding Co.) signed an agreement to establish a
Public Shareholding Co. with a capital of JD15 million.
Darat . . .
Anti-aging health industry continues upward trend in Middle
East.
Summary: The anti-aging business will be explored at the end of
this month when the International Congress in Aesthetic, Anti-Aging
Medicine & Medical Spa Middle East (ICAAM) opens its doors at the . . .
Egyptian government to appeal court decision on gas
exports.
Summary: An Egyptian administrative court annulled the
government's decision to export natural gas to Israel, causing US$9
million in losses to this country every day, according to the
plaintiffs.
. . .
Transparency puts TAQA in 'top list' of global energy
companies.
Summary: TAQA, also known as the Abu Dhabi National Energy Company,
has been named as one of the world's Top 250 Global Energy
Companies, according to the 2008 Platts Global Energy rankings.
. . .
SABIC and ExxonMobil Chemical sign Heads of Agreement for new
Elastomers project in Saudi Arabia.
Summary: Saudi Basic Industries Corporation (SABIC) and affiliates
of ExxonMobil Chemical have signed a Heads of Agreement (HOA) and are
progressing detailed studies for a new Elastomers project at . . .
Bahrain 'A' ratings affirmed on continued reforms;
outlook stable.(Standard & Poor's Rating Services)
Summary: Standard & Poor's Ratings Services today said it
had affirmed its 'A' long-term and 'A-1' short-term
sovereign credit ratings on the Kingdom of Bahrain. The outlook is
stable.
Standard & . . .
DIFX is rebranded 'NASDAQ Dubai'; NASDAQ OMX Group to
list its shares on region's International Exchange.
Summary: NASDAQ Opening Bell Ceremony Will be Broadcast Live From
DIFC On November 20
The Dubai International Financial Exchange (DIFX) has rebranded its
market as NASDAQ Dubai, effective today. . . .
Masdar awards design contract for Abu Dhabi Carbon Capture and
Storage project to Mustang Engineering.
Summary: First in Masdar's series of record-setting carbon
capture facilities
Masdar, an Abu Dhabi government initiative, owned by Mubadala
Development Company, announced today the selection of . . .
Jordan: WiMAX operators hold 8.3% share of residential broadband
Internet connectivity.
Summary: A new Arab Advisors' survey of Jordan's Internet
users reveals that WiMAX operators had an 8.3% share of residential
broadband Internet connectivity in the country.
A new Arab Advisors' . . .
Brazilian Halal exports to the Middle East to cross US$6.38
billion in 2008.
Summary: Over 15 Brazilian companies to participate at 'Halal
Expo 2008'
Brazilian Halal exports to the Middle East are expected to exceed
USD 6.38 billion in 2008, as the demand for beef meat . . .
Jazeera Airways in US$70 million deal for purchase of two brand
new Airbus A320 aircraft.
Summary: Kuwait and Dubai based airline Jazeera Airways (KSE:
Jazeera, Bloomberg: Jazeera KK, Reuters: JAZK.KW), announced that it has
signed a deal worth USD $70 million in commercial funding with . . .
First Batch of Abu Dhabi-built buses rolls off manufacturing
line.
Summary: Abu Dhabi-based Hafilat Industries has commenced shipping
its first export batch of European buses to Australia from their
15,000m2 factory in ICAD-1, Mussafah, which opened earlier this . . .
Mayadeen Announce Third Quarter Profit Growth of 262%.(National
Ranges Company K.S.C.C.)(Financial report)
Summary: National Ranges Company K.S.C.C. (Mayadeen), a listed
Kuwaiti shareholding company, has unveiled profits of KD 23.1 million,
or 23.4 fils per share, in its third-quarter results to . . .
Dow Jones Islamic Market ASEAN Index launched.
Summary: Dow Jones Indexes, a leading global index provider, today
launched the Dow Jones Islamic Market (DJIM) ASEAN Index.
Dow Jones Indexes, a leading global index provider, today launched
the . . .
Emirates Float Glass signs Technology Licensing Agreement with
PPG for its second manufacturing facility.
Summary: New production plant will make EFG the region's
largest single-location float glass manufacturing facility with a total
capacity of 1,200 tons per day
Emirates Float Glass (EFG), a . . .
Construction work on AED 500 Million Plaza Residences
progresses.
Summary: Construction work on Plaza Residences progresses well
following the appointment of Construction and Reconstruction Company
(CRC) by Cayan Investment & Development.
Construction work on . . .
Museum of Islamic Art appoint Qatar Financial Center Authority as
Strategic Financial Partner.
Summary: 3 year partnership begins 1 January 2009
Qatar's new Museum of Islamic Art, the flagship project of the
Qatar Museums Authority, has signed a partnership agreement with the
Qatar . . .
Dana Gas revenue up by 16%.
Summary: Dana Gas PJSC, the Middle East's largest regional
private sector natural gas company, has announced quarterly results to
September 30, 2008, posting revenue from oil and gas production of . . .
Emirates Islamic Bank enters into a strategic agreement with the
Real Estate Regulatory Authority.
Summary: Emirates Islamic Bank (EIB), one of the leading Islamic
financial institutions in the UAE, has always been at the forefront of
promoting the development of the region via various . . .
Al Salam Bank-Bahrain acquires leasehold interest in a
residential and commercial tower in Mecca.
Summary: Al Salam Bank-Bahrain has unveiled a pioneering
Shari'a-compliant investment in the field of hospitality; an
investment in a residential and commercial tower near the Holy Mosque . . .
|
|