Monday 27 April 2015
 
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annual

GPIC plants to undergo $32 million maintenance

Gulf Petrochemical Industries Company (GPIC) annually invests nearly $10 million in routine maintenance work and another $22m in the overall maintenance of its plants, a top official has said. According to GPIC president Dr Abdulr

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World FZO to host first annual conference in Dubai

The World Free Zones Organization (World FZO), the multi-lateral non-profit, global association for free zones, has revealed  the dates for its first annual conference – ‘Free Zone Outlook International.’ Un

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Bapco starts annual maintenance shutdown

Bahrain Petroleum Company (Bapco) has announced it is geared up for the annual maintenance shutdown that starts today (April 9). As part of the programme, a number of process units such as hydrogen plant, visbreaker, fluidised cat

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DFM achieves 100pc annual results disclosure compliance

Dubai Financial Market (DFM) said its UAE-listed companies have showed a 100 per cent compliance to disclose their last year’s annual results within the deadline of three months from the end of the financial year. All of the

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Egypt's real GDP up 6.8pc in Q1 2014-15

Egypt's real gross domestic product rose an annual 6.8 per cent in the first quarter of the 2014-15 fiscal year, its strongest growth since 2008, driven by manufacturing and tourism, the central bank said on Thursday. "No

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KFIC equity fund posts 20pc return

Kuwait Finance and Investment Company (KFIC) said its Al-Bashaer GCC equity fund has attained an annual return of 20.02 per cent. The company’s Al-Wasm fund marked an annual return of 7.91 per cent, said a statement.

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GCC retail sales to grow 8pc

The retail sales in the GCC are projected to grow at an average annual rate of eight per cent during 2011-16 period to RO270 billion ($699.2 billion), said a report. "Food constitutes 50 per cent of total retail spending, whi

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10,000 officials to attend Dubai investment meet

A record participation of more than 10,000 senior officials from 165 countries is expected at the fourth Annual Investment Meeting (AIM) to be held in Dubai from April 8. The three-day meeting, which will review a host of investme

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Bahrain law on annual leave may be challenged

  Bahrain's new Labour law governing annual leave for employees is allegedly costing companies millions of dinars and businessmen claim leave costs have doubled since the new regulations came into force last September, a repo

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ME to 'become top plastic packaging export hub'

Leading players in the plastic packaging industry will be in Abu Dhabi this March to evolve strategies to help transform the Middle East region into an exciting export market. For the first time, leading converters in the region will share

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