Thursday 17 April 2014
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Industry Sectors

Construction & Real Estate
Retail & Wholesale
Energy, Oil & Gas
Finance & Capital Market
Analysis, Interviews, Opinions
Industry, Logistics & Shipping
Travel, Tourism & Hospitality
IT & Telecommunications
Government & Laws
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Media & Promotion
Education, HR & Training
Miscellaneous
Construction & Real Estate

Projects boom in GCC; $40bn deals in Q1

The projects markets of the Middle East are set to enjoy a record-breaking year in 2014 with more than $40 billion worth of new contracts awarded in the GCC alone in the first quarter, a report said.

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Energy, Oil & Gas

Kuwait to invest $35bn in oil projects

Kuwait National Petroleum Company (KNPC) will invest $35 billion in expansions and new projects in the coming five years, said the company's chief executive officer Mohammad Ghazi Al-Mutairi.

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Finance & Capital Market

Dubai inflation up 3pc, highest since 2009

Dubai's consumer inflation rose 3.0 per cent in March compared to the same month last year, registering the highest increase since August 2009.

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Industry, Logistics & Shipping

Greenstone advises Oman joint venture deal

Greenstone Equity Partners, a Dubai-based investment and advisory firm, has advised Tri-Star Resources on the establishment of a joint venture company, Strategic & Precious Metals Processing (SPMP).

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Travel, Tourism & Hospitality

Crystal Lagoons unveils 8 new ME projects

Crystal Lagoons, the patented technology developer of giant crystalline lagoons, is launching eight new developments in the Middle East as well as the operational launch of an initial phase at its Meydan mega lagoons project.

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IT & Telecommunications

Mobily signs telecom deal with Vasco

Saudi Arabia-based Etihad Etisalat (Mobily) has signed a deal with Vasco, to provide connectivity to visitors to the kingdom from across 33 countries.

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Government & Laws

Saudi spy chief Prince Bandar replaced

Saudi Arabian intelligence chief Prince Bandar bin Sultan, the architect of Riyadh's attempts to bring down Syrian President Bashar al-Assad, has been removed from his post, state media reported on Tuesday.

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Motoring
Health & Environment

Saudi plans $3bn waste recycling project

The Saudi government has signed a memorandum of understanding (MoU) with a national company to establish a project to recycle waste, a report said.

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Education, HR & Training

Saudi tops in Web of Science growth

Saudi Arabia achieved the highest percentage of growth in output during the last decade among the G20 members with 373 per cent increase in output of Web of Science Papers.

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Miscellaneous

Bahrain’s military costs surge 26pc to top $1.2bn

Bahrain’s military expenditure increased by 26 per cent last year to $1.236 billion - and has rocketed by 110 per cent since 2004, a report said, adding that tensions with Iran caused defence spending to more than double in a decade.

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