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Friday, January 27, 2012
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Qatar Airways could delay A380 delivery
London: 
 
  The chief executive of Qatar Airways said he was confident Airbus would fix the cracks discovered on the wings of its flagship A380 superjumbo but did not rule out delaying delivery if the problem persists.  
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Sturdy US growth in Q4, but ‘bumps ahead’
Washington :  
  The US economy likely grew at its fastest pace in nearly two years at the end of 2011, but a rebuilding of stocks by businesses and weak exports could be early warning signs of a slowdown in early 2012, said a report.    
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World orange juice output to drop: USDA
Washington: 
  World production of orange juice will drop by 8 per cent this year, led by a 14 per cent drop in No 1 producer Brazil, the US Agriculture Department said in a report that may herald higher prices.    
  Read More  
  More top stories

Twitter to curb user content in some countries
Egypt to seek extra $1bn to support budget
Qatar in deal to develop future automotive hub
  • In the eye of the hurricane

    2012 promises to be a volatile year for the world’s top oil producers, with the Gulf states in particular facing some major challenges both at home and in export markets
  • Bahrain after Bassiouni

    Bahrainis have had more than a month to digest the contents of an unprecedented report on human rights violations in the kingdom. Reconciliation could, however, take much longer to achieve
  • New actors, same old story line

    The tumultuous events of 2011 in the Arab world toppled dictators, yet entrenched power structures remain largely intact. Will 2012 see traditional power bases weakened?
  • Battle of the box

    Satellite television channels are widening the cross-Gulf divide by airing alleged calls by Iran for revolt in Gulf states and what Tehran sees as western-driven cultural propaganda aimed at toppling its Islamic theocracy
  • Renewed thrust

    German companies are stealing a march by committing to long-term renewable energy projects in the Gulf.

  International Business News   International News
 

Sturdy US growth in Q4, but ‘bumps ahead’
Starbucks posts profit beat, sales jump

Gold ticks up, heads for 4th week of gains
 

UN Security Council to meet today on Syria
UN may vote on new Syria draft next week

Gulf monitors leave Syria, League turns to UN
   
 
  IQPC launches World Stadium Awards  
  IQPC, a global provider of conferences and large scale events, has launched the World Stadium Awards to recognise innovations and developments in sporting venue design.  
  Read More  
 

Top EU construction firms head to Qatar
Abu Dhabi to start museum projects
 
   
  Qatar Airways could delay A380 delivery  
  The chief executive of Qatar Airways said he was confident Airbus would fix the cracks discovered on the wings of its flagship A380 superjumbo but did not rule out delaying delivery if the problem persists.  
  Read More  
 

Accor launches Facebook app
SAS-Expedia alliance boosts customer loyalty
 
   
  Kuwait's Qurain Petchem swings to Q4 profit  
  Qurain Petrochemical Industries Company (QPIC) said its net profit for the fourth quarter in 2011 rose to hit KD18.07 million ($65 million) after posting a net loss of KD1.9 million the previous year.  
  Read More  
 

Saudi says oil market supply 'adequate'
Iraq to open new oil terminal in 10 days
 
   
  ABB in deal to supply Asry converters  
  Energy giant ABB is to supply variable frequency converters for a project at the Arab Shipbuilding and Repair Yard Company (Asry), it has been declared.  
  Read More  
 

Butler to continue as Victoria commissioner
Alba sponsors key investors conference
 
   
  UAE sets up task force to combat MS  
  The Emirates Neurology Society (Emins) has set up the first-ever national taskforce to tackle multiple sclerosis (MS), a nervous system disease with no known cause that affects the brain and spinal cord, in the UAE.  
  Read More  
 

US firm in OEM tie-up with Saudi Diagnostics
Saudi hospital wins global recognition for IT
 
   
  Shift seen in approach to office design  
  A younger world and social media are transforming how people think about their relationships to work and the office environment must respond accordingly, said an interior design expert.  
  Read More  
 

Sleep Ezze marks 10th year with new products
30 US students visit Intercoil
 
   
  Intel, Motorola in strategic mobile tieup  
  Intel Corporation and Motorola Mobility have entered into a multi-year, multi-device strategic relationship that will see the duo develop smartphones using Intel Atom processors and the Android platform.  
  Read More  
 

Batelco slashes GCC call rates
Tekla recoups sales through legal action
 
   
  Qatar UDC 2011 profit soars to $1.03bn  
  Qatar's United Development Company (UDC), the developer of the man-made Pearl Island project, said its full-year net profit for 2011 soared to QR3.77 billion ($1.03 billion) from QR617 million the previous year.  
  Read More  
 

Top Bahrain lender launches referral rewards
Damac sees demand for island project
 
   
  Top Kuwait lender sees 2011 profit flat  
  National Bank of Kuwait  reported flat full-year profits on Thursday, while fourth quarter earnings fell shy of estimates, as the Gulf state's largest lender grappled with what it called a "challenging operating environment."  
  Read More  
 

Russell Investments appoints new CEO
ADCB Q4 net profit surges 30pc, shares up
 
 
  Heater sales surge in Bahrain on cold wave  
  Heater sales have increased dramatically in the last week as Bahrain as winds of up to 30 knots battered the country, with temperatures dropping as low as 8C.  
  Read More  
 

Notebook sales poised for 8.8pc growth
CashU system eliminates online purchase risks
 
   
  Egypt to seek extra $1bn to support budget  
  Egypt said on Thursday it would ask the World Bank for a $500 million loan and another $500 million from the African Development Bank to help it fill a budget gap widened by a year of political and economic turmoil.  
  Read More  
 

GCC equities poised for growth
Global markets facing new challenges
 
   
  Twitter to curb user content in some countries  
  Twitter has announced that it would begin restricting Tweets in specific countries, renewing questions about how the social media platform will handle issues of free speech as it rapidly expands its global user base.  
  Read More  
 

Mövenpick launches Valentine’s offer
CND unveils new 'Valentine' shades
 
   
  UAE ripe for profit-taking after week-long gains  
  The markets in the UAE could see some profit-taking on Thursday after gaining every day this week, with real estate stocks again in focus following strong performances in the last two days, said experts.  
  Read More  
 

Mena equity association opens at DIFC
Saudi to allow foreign shares listing on bourse
 
 
  Qatar in deal to develop future automotive hub  
  Qatar Automotive Gateway (Qatar Ag), has entered into a deal with Prodrive, one of the world’s leading automotive technology and motorsport businesses, to build and develop a cutting-edge automotive industry value chain in the country.  
  Read More  
 

Toyota launches Bahrain ‘Dream Car’ contest
Ford, Microsoft in car wellness research
 
   
  Etihad to double Airbus cargo fleet  
  UAE national carrier Etihad Airways has announced plans to double the size of its Airbus A330-200 Freighter fleet in line with its plans to boost its presence in the cargo sector.  
  Read More  
 

Inmarsat wins big fleet broadband contract
DP World sells stake in UK container services firm
 
   
  Traffic chaos in Bahrain as clashes continue  
  Traffic was disrupted after fresh clashes broke out across Bahrain yesterday (January 26) as anti-government protesters continued their rampage.  
  Read More  
 

New details of causeway blow-up plan revealed
41 officers injured in Bahrain rampages
 
 
  Clean up world seas to boost economy says UN  
  Cleaner and better-managed seas and coasts would help boost economic growth and reduce poverty and pollution, a United Nations Environment Programme (UNEP) report said.  
  Read More  
 

Masdar to work on solar, wind atlas
Bahrain cold snap to continue
 
   
  Coffee Planet announces UAE expansion  
  Dubai-based Coffee Planet, a leading coffee company in the Middle East, has stepped-up its retail presence, moving onto the shelves of 22 Carrefour supermarkets across the UAE.  
  Read More  
 

UAE group launches new juice range
Gulfood summit to highlight key F&B trends
 
   
  Cameron backs Bahrain's reform strategy  
  Britain's Prime Minister David Cameron said Bahrain is on the right track with its reforms, hailing steps being taken to implement recommendations by the Bahrain Independent Commission (BICI) of Inquiry, as the right ones.  
  Read More  
 

Qatar to assist Bahrain terror probe
UAE pays off $544 million debt of nationals
 
   
  Bahrain's labour fund launches $277m drive  
  Tamkeen, Bahrain’s labour fund, will launch 20 major projects, worth BD104.7 million ($277.7 million) to benefit more than 22,000 Bahrainis this year as part of its operational plan for 2012.  
  Read More  
 

Students visit Al Habtoor office
Consultancy to advise on UK boarding schools
 
   
  World orange juice output to drop: USDA  
  World production of orange juice will drop by 8 per cent this year, led by a 14 per cent drop in No 1 producer Brazil, the US Agriculture Department said in a report that may herald higher prices.  
  Read More  
 

Bahrain firm inks $50m Philippines farm deal
Almarai Q4 profits inch up, costs bite
 
 
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