Sunday 1 February 2015
 
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Bahraini firms to pay more for natural gas

Companies in Bahrain implementing, or planning, industrial projects will have to pay more for natural gas from April 1. The Cabinet yesterday (January 12) decided to unify the price of natural gas, and increase it gradually, follo

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GCC rail projects to boost petchem trade growth

Rail developments in the Gulf Cooperation Council (GCC) region are set to accelerate the growth of the plastics industry through increased intra-region petrochemical trade, according to a recent report. Global petrochemical compan

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Circle Oil receives $15m payment from Egyptian govt

Oil and gas explorer Circle Oil said it had received a $15 million payment from the Egyptian government as part of Egypt's plan to pay off debts owed to energy companies operating in the north African nation. "This has re

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Bahrain firms invited to attend Indian event

The Bahrain Chamber of Commerce and Industry (BCCI) has announced Bahraini companies have been invited to attend a key expo in India. Companies in the information technology, telecom, tourism, media and entertainment, healthcare,

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Exchange firms in UAE set up new group

Exchange companies in the UAE have come together to form the Foreign Exchange and Remittance Group (Ferg). The main objective of the move is to work for the betterment of the exchange industry and create a conducive environment fo

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Only 13pc of financial firm’ top executives are women

Only one top executive in eight at major financial services firms is a woman and the pace of change at banks and other companies is too slow, according to a diversity study. The report said current working practices in financial s

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Top speakers lined-up for Tank Storage Middle East

More than 20 experts from top oil companies are set to share best practices, provide future forecasts and explore the growth of renewable fuels in the Middle East, at an event in Abu Dhabi next year. The inaugural Tank Storage Mid

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Jafza’s steel firms record 20pc growth

The steel companies in the Jebel Ali Free Zone (Jafza) recorded a 20 per cent growth last year, more than the rate of the industry growth in the UAE, according to a report. The zone’s steel manufacturers and traders are expe

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Jafza’s steel firms record 20pc growth

The steel companies in the Jebel Ali Free Zone (Jafza) recorded a 20 per cent growth last year, more than the rate of the industry growth in the UAE, according to a report. The zone’s steel manufacturers and traders are expe

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Firms must innovate to stay ahead of change: Al-Mady

In the current economic environment, success is expected to come to only those companies that generate innovative products, services, processes and business models to gain competitive advantage, according to an expert. Mohamed Al-

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