Friday 29 March 2024
 
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Cairo, Al Khobar to become key tourist cities

The Egyptian capital Cairo and Saudi Arabia's Al Khobar city are expected to become tourist hot spots over the next couple of months with forecasted growths of 15 per cent and 6 per cent respectively in revenue per available room (RevPAR), a

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Poyry to advise on electricity spot market in Oman

Poyry, a global consulting and engineering services company, is set to provide advisory services to the Oman Power and Water Procurement Company (OPWP), member of Nama Group, on the proposed rollout of a spot market system for electricity trad

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KPC’s naphtha spot exports higher than usual

Kuwait Petroleum Corp (KPC) has sold 25,000 tonnes of full-range naphtha for July loading, bringing its total spot exports this month to more than 70,000 tonnes, traders said on Friday. This is the highest spot volume KPC had sold

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New car radar technology to reduce accident ‘blind spot’

Bosch’s new technology soon to be standard on a wide range of cars on sale in UAE showrooms will ease the accident ‘blind spot’ problem and help reduce one of the leading causes of death on the country’s roads.

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Move to promote Bahrain as 'boutique destination'

Bahrain's Culture Ministry intends to reinvent the kingdom as a 'boutique destination' - celebrating the rich cultural heritage of the country in order to increase tourism's contribution to the economy, a report said.

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DGCX to launch spot silver contract

Dubai's Gold and Commodities Exchange (DGCX) could launch a spot silver contract after its first spot gold contract is offered this quarter, the head of the bourse's marketing and communications said on Tuesday (July 8). &

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Gold rises on euro zone woes; eyes on Fed

Spot gold gained 0.8 percent on Monday, extending a 1.2-percent rise in the previous session, as worries about a worsening debt crisis in the euro zone and the bloc's future drove investors to seek safety in bullion.    &nb

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