Friday 22 August 2014
 
»
Tag
 
»
Gulf

Petroleum producers ‘shift attention from Mideast’

Following four decades of war, sanctions, nationalisation and unrest, oil and gas producers are gradually adjusting to rely less on the Middle East. The countries around the Gulf and on the Arabian Peninsula still contain the grea

More…

Gulf Hotels net profit grows 28pc to $20m

Gulf Hotels Group (GHG) has reported 28.29 per cent rise in net profit at BD7.57 million ($20.05 million) for the first half ended June 30, compared with BD5.9 million in the same period last year. The group achieved an increase of BD1.

More…

Gulf investments in aluminium to reach $55bn

Gulf investments in the aluminium sector are expected to reach $55 billion by 2020, compared to $30 billion in 2011, according to a new report. The surge is credited to expansion of smelters and new projects in the region, a Harbor Inte

More…

Industries Qatar profit down 38pc

Industries Qatar (IQ) reported a 38 per cent drop in second-quarter net profit on Sunday, missing analysts' forecasts. The Gulf's second-largest chemical producer by market value made a net profit of 1.25 billion riyals ($

More…

GFH repays $25m to debt holders

Bahrain-based Islamic investment bank, Gulf Finance House (GFH), has repaid $25 million to debt holders marking total debt principal payments of $33 million so far this year. In a statement to the Bahrain Bourse, the bank said this repr

More…

Gulf Air official to represent Mena in council

Gulf Air's director of information technology (IT) Dr Jassim Haji has assumed the role of the Middle East and North Africa (Mena) representative on the SITA Council. This follows a nomination by the Arab Air Carriers Organisation in

More…

Cash-flush Gulf banks grab top spots in loan market

Cash-rich Gulf banks are grabbing a growing share of the region's loan market as they cut fees and ease terms, elbowing aside some of the foreign banks which used to dominate lending. &nbs

More…

Saudi firms urged to bridge 'the digital divide'

Strong opportunities are emerging for private sector firms in Saudi Arabia and in the Gulf to address pressing challenges to bridge online and offline businesses, according to a report.   The Sacha Orloff Group r

More…

AXA opens new shop, kiosks in Oman

AXA Gulf, a leading non-life international insurer in the region, has opened new kiosks and a shop in Muscat, aimed at reaching out to more customers across Oman.   The new openings include a kiosk at Al Meera Hy

More…

AXA Gulf offers 15pc discount on motor premium

AXA Insurance Gulf is offering a 15 per cent discount on 4x4 insurance premiums during the holy month of Ramadan.   The offer, extended to customers as part of the AXA Ramadan Motor Campaign, is a result of the c

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads