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World oil demand ‘to rise 1.5m bpd’ |
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 Oil demand is predicted to rise by 1.5 million barrels per day (bpd) next year to 86 million bpd as world oil demand will grow faster than new supplies outside Opec's control this year, said a poll.
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Depa acquires top ME marble company |
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 Top interior contracting company Depa said it has wholly acquired Carrara Mid East Industrial Company, one of the region’s first, and the market’s leading producer and installer of high quality stone.
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Al-Falak inks MTF pact with Axway |
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 Al-Falak Electronic Equipment & Supplies Company said it has joined hands with Axway, a leading business interaction networks company, to provide managed file transfer (MFT) solutions in the Middle East region.
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Al Baraka plans bonus shares, dividend |
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 AlBaraka Banking Group is planning to pay a cash dividend of $44.64 million (six cents per share) to shareholders, equal to six per cent of the issued and paid-up capital, in addition to one bonus share for every 16 held by the shareholders.
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Dubai pearl trade tops $27m |
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 Dubai Pearl Exchange (DPE), a subsidiary of Dubai Multi Commodities Centre Authority (DMCCA), has announced that Dh99.6 million ($27.2 million) worth of pearls was transacted in the emirate last year.
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UAE money supply growth slows |
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 Money supply in the United Arab Emirates grew 1.3 per cent year-on-year at the end of February, the slowest rate of growth since at least 2001, central bank data showed.
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BAC lauds partners for smooth F1 operations |
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 Bahrain Airport Company (BAC) lauded its partners, including the Civil Aviation Affairs, Bahrain Airport Services and Ministry of Interior (Police, Immigration and Customs) for the smooth airport operations despite heightened F1 passenger traffic.
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GOP hosts top German delegation |
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 The General Organisation of Sea Ports (GOP), which regulates the operation of Bahrain’s maritime industry, recently hosted a high level German delegation from the German Near and Middle East Association (Numov).
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Dubai culinary event hosts Caprice restaurant |
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 A popular culinary event, which hosts 20 of Dubai’s top restaurants, including some of the newest to open in the city, is featuring Rivington Grill, the first restaurant of UK-based Caprice Holdings to open in Dubai.
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Allawi edges ahead of PM in Iraq election |
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 Secularist Iyad Allawi edged ahead of Shi'ite Prime Minister Nuri al-Maliki on Saturday in a neck-and-neck election race that has laid bare the ethnic and sectarian divisions threatening Iraq's fragile stability.
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Emaar Properties, the leading property developer, has opened the fourth mosque in Emirates Living, one of the pioneering community developments by the company in Dubai.
The UAE, with a 'low' boat penetration rate of 1 to 700 on average, and a young, upwardly-mobile population, is an attractive market for GCC producers, says a new report.
Vision Electro Mechanical Company (Vision), a part of Saudi-based Construction Products Holding Company (CPC), has announced the establishment of a subsidiary company in Jeddah.
Mosquito genetic engineering may turn the malaria transmitting mosquito into a natural ‘flying vaccinator’, providing a new strategy for biological control over the disease, a new research said.
Dubai's Union Properties is willing to sell all of its projects if it receives a fair price, its chairman told UAE newspapers on Friday.
Filmmakers from across the world have submitted more than 100 films to an upcoming not-for-profit human rights international film festival in Bahrain.
Banking stocks powered the Saudi bourse to a new 17-month high with SABB and Samba Financial Group making the sector's strongest gains.
Yemen plans to free Shi'ite rebel prisoners within days under a truce to end a long-running war that drew in neighbouring oil exporter Saudi Arabia last year, a government official said on Thursday.
Leading regional juice maker and bottle water company, Masafi, will launch biodegradable plastic wrappers and plans to use the same technology for its bottles and caps.
Unemployment rate in the GCC had reached 8.8 per cent in 2009 and is poised to increase to 10.5 per cent this year, according to a report by a leading regional recruitment company.
Experts will present the latest technologies, equipment and ecological methods aimed at increasing local food production at an upcoming major agribusiness show in Dubai.
