Thursday 20 June 2013
 
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Middle East

Jazeera grabs key ME market share

Kuwait-based budget carrier Jazeera Airways said it had once again grabbed significant market shares on routes serving Amman, Beirut, Bahrain, Dubai, Sharm El Sheikh, Assiut, Luxor, and Sohag in April.

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Road to wealth much smoother now, say Mideast HNWIs

More than 60 per cent of high net worth individuals (HNWIs) in the Middle East believe wealth creation is faster today than in the past, more than any other region globally, said a survey. &nb

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GCC to pump over $250bn into power projects

The GCC is on the threshold of a major power revolution, with investments in the sector estimated at $250 billion in the next five years, said a study ahead of major energy summit to be held in Abu Dhabi.

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GCC to pump over $250bn into power projects

The GCC is on the threshold of a major power revolution, with investments in the sector estimated at $250 billion in the next five years, said a study ahead of major energy summit to be held in Abu Dhabi.

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ME firms set for Asia's biggest infocomm show

Asia’s largest annual event, the Infocomm Media Business Exchange (imbX) will be held from June 17 to 21 at the Marina Bay Sands, Singapore. The event is a confluence of government and business leaders, companies and industr

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Mideast M&A activity picking up

After several sluggish years, mergers and acquisitions activity within the Middle East is showing signs of revival, giving hope to global banks which scaled back their regional operations because of a dearth of deal flow, said experts.

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BAE's Asian, Mideast jet orders to offset cuts

Sales of combat aircraft in the Middle East and Asia will more than compensate for cutbacks in US and European spending, Britain's BAE Systems predicted on Tuesday.   Eur

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Spotlight on power, water in the Middle East

Industry players from the power and water sectors will discuss key issues and investment opportunities in the industry, at an exhibition to be held in Abu Dhabi in September. The sixth edition of Power + Water Middle East will be

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ME energy sector ‘vulnerable to cyber attacks’

Although Middle Eastern governments and companies have raised concern, the awareness in the region for cyber threats is insufficient and the energy sector is more vulnerable to cyber attacks more than elsewhere, said an industry expert.

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Boeing sees demand for 35,000 new planes

US aircraft maker Boeing expects more than 35,000 new airplanes worth $4.8 trillion to be ordered across the globe in the next 20 years, including 2,610 from the Middle East. The increased demand is mainly for single-aisle jets, the com

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